Pundi XPUNDIX Price

Pundi X is a decentralized blockchain-based ecosystem. The platform seeks to make digital currencies more accessible and easier to use for those without prior crypto experience. Its technology allows merchants across the globe to accept cryptocurrency-based payments, and for users to adopt and use cryptocurrency as a regular payment method. Pundi X consists of a selection of both hardware and software products that help to facilitate blockchain payments in physical shops. The Pundi X team has developed the Pundi XPOS system that facilitates payments via crypto. Merchants can purchase this software for use in their establishments. Mass production of Pundi’s POS payment solution began in February 2018.

PUNDIX is the Pundix X Chain native token, it was previously NPXS.

What are PUNDIX’s key features and how does it work?

As mentioned, Pundi XPOS is the platform’s main product. It is a software package that merchants can use to facilitate cryptocurrency transactions. Transactions happen in less than 0.5 seconds, and the platform offers support for multiple cross-chain digital currencies. This includes BTC, ETH, BNB, as well as the native currency of the ecosystem, PUNDIX, and more. However, to minimize any risk associated with crypto market volatility, merchants receive all payments in a stable currency, or FIAT depending on distribution partners.

Besides Pundi XPOS, the ecosystem has other key features which are essential to and support its operations. The first product to be mentioned is XPASS. XPASS is an NFC-enabled card that can be used to pay with cryptocurrency. It can be topped up and paired with the other products offered by the Pundi platform. This includes XWallet.

XWallet is a blockchain wallet created by the Pundi team. It allows users to buy, sell and trade digital assets using the XPOS system. Users can also send and receive currency via Telegram directly within the XWallet, without incurring any fees. XWallet also features integration with various private wallets, for example, Binance Blockchain Wallet, Samsung Blockchain Wallet, and Pundi X Savings Powered by MEW. A selection of dApps are also compatible and can be directly accessed from within XWallet, offering further usability.

What is noteworthy about Pundi X?

Pundi X also enables blockchain developers, digital asset issuers, and businesses to list their crypto assets across all of Pundi X’s ecosystem products. This means that teams can make their asset available for online and offline payments across Pundi X products. 

What can PUNDIX be used for?

At its core, PUNDIX is a utility token that can be used by developers for processing fees, and also for purchasing XPASS cards. Other use cases include listing different tokens in the XPOS, for loyalty payments from merchants as well as for paying for ads. There is also a token burn model in place to reduce the total supply. This also helps to retain the value of the token.