Bitcoin Press Release:
Welcoming news is coming from the world of digital currencies is the integration of USDX WALLET with markets. This will be the company’s first crypto exchange that shall enlist the company’s core coin, an LHT.
April 23rd, 2019, Frankfurt, Germany
Blockchain technology has launched USDX WALLET as it’s first mobile instant transfers solution.
Facilities it offers:-
- Easy transaction of funds between crypto holders.
- Boon to an audience that doesn’t want to pay commission within traditional money transfer.
- Provides multi-level security covering all your transactions.
- Does instant transfer of assets by username, phone number or QR code.
This system is based on BitShares protocol and it allows to 100,000 transactions per second.
USDX and LHT Tokenomics
This payment system has two cryptocurrencies at its core:-
- USDX TOKEN
- LHT COIN
It’s a stable coin which is pegged to U.S. Dollar at the ratio of 1:1 via a smart contract. It is collateralized by the system’s core cryptocurrency LHT.
Its total supply is 1 billion coins. They will be released in near future in the market in which only 10% of this LHT supply will be issued in a single year out of which 5% will be freely tradeable and next 5% shall be locked on the blockchain in order to provide 200% collateralization.
- Not has held any kind of private sales or presales as it has received a sufficient large venture investment.
- All the future profits shall come from business account fees
- During Dec 2018 –Jan 2019 an increase in participation of thousands of customers.
- USDX Wallet has surprisingly surpassed 50,000 verified accounts.
- Lots of work being done on integration with crypto exchange.
- markets shall be the first platform to list LHT.
- LHT shall be available in trading pairs with Bitcoin and Ethereum.