There are lots of projects creating cryptocurrency for P2P payments, while stablecoins became a hot topic of 2018. Yet, most of these projects are either in the development mode or are too complicated for everyday use. USDX Wallet payment system was created for people who don’t want to waste time monitoring crypto prices and their volatility. It was designed for smooth and quick transactions and payments as easy as messaging. USDX Wallet app and its stablecoin are available for iOS and Android.
Blockchain-based USDX Wallet enables multi-level security of transactions and instant transfers of assets via a phone number. This payment system successfully addressed the following problems of crypto transfers:
- The volatility of cryptocurrencies;
- Long and complicated wallet addresses;
- Storing and entering private keys;
- The impracticality of small (casual) transactions due to excessive fees;
- Deceptive prices designated in cryptocurrencies;
- Low transaction speed.
The USDX token is a stablecoin pegged to the U.S. dollar at a 1:1 ratio via a smart contract. USDX is collateralized by system’s second cryptocurrency, LHT (the ticker refers to developing company’s name, Lighthouse Blockchain Technology). LHT supply is limited to 1B coins which will be issued to the market annually by small volumes; they will also be traded on crypto exchanges. The smart contract guarantees that each USDX token is collateralized with 200% worth of LHT. More technical information is available in the project’s whitepaper.
USDX tokens are tailor-made for payments and transactions; they could also be used for:
- Purchasing goods;
- Paying for services and content;
- International transfers.
USDX is available via USDX Wallet app with Bitcoin, Ethereum, Litecoin, and many other altcoins.
The free app is available at Google Play and App Store; it has slick design and smooth navigation. To make a transfer is as easy as messaging. After registering in the system, you will be awarded 1 USDX (equal to USD 1). Money could be instantly transferred to a friend to test speed and ease of payments. The app is synchronized with your contacts, so if your friends are already USDX Wallet users, you’ll find them by their names.
If you buy USDX stablecoins during a token sale, you’ll get significant bonuses. The token sale starts on November 1st and finishes on December 31st. This is a single event, with no marketing tricks like private sale or pre-sale. The team doesn’t need to raise funds “for development” as the project got venture investment already. The future profit will come from fees on business accounts.
There are three types of bonuses available until the end of 2018:
- A 35% bonus: download the USDX Wallet app, register and get 35% back of your first USDX purchase;
- A 25% bonus: invite friends and get 25% back of their first USDX purchase;
- A 10% bonus: get 10% more bonuses for next USDX purchases.
These offers are valid for 14 days after app installation.
You can reach the USDX Wallet team via Telegram, Facebook, and Bitcointalk. Team members are open to discussing the project’s prospects with crypto enthusiasts, fintech professionals, and potential partners.
If you’re looking for an easy and effective way to transfer your crypto assets, give USDX Wallet a try. Maybe, that’s the project you were looking for.