What Is CryptoXpress (XPRESS)?
CryptoXpress acts as a bridge between the crypto world and everyday life. CryptoXpress helps beginners, who have to learn and onboard themselves on many different FinTech technologies, to manage their daily financial needs. The platform aims to ensure that financial technologies are available to everyone with just a few clicks while making those technologies easy, fun, and valuable at the same time.
CryptoXpress aims to deliver value to its users through its leveraged Binance’s leading liquidity, asset management systems, market depth, security infrastructure, and personalized marketing support. Binance Coin is the cryptocurrency native to the Binance exchange and trades.
As per the whitepaper, the demand to trade larger portions of personal net worth into cryptocurrencies is rushing globally. However, the steep learning curve for beginner and first-time users limits the market’s true potential size. The difficulties with current solutions are:
Complicated to use
Difficult payments and transfers
Not beginner-friendly
High fees and commissions
Lack of shared experience
Digital ownership
CryptoXpress came out as a better banking alternative with the following features:
Cryptocurrencies - CryptoXpress allows a three-click cryptocurrency purchase and sale interface for hundreds of cryptocurrency pairs, thus being beginner friendly.
Utility bills and payments - Bill and invoice payments can be made directly from the cryptocurrency holdings. Also, funds can be seamlessly transferred to family and friends using a mobile number.
NFT art and media marketplace - This is an easy-to-use marketplace for trading art and media from the industry’s hottest stars, using NFT technology. Users can book flights, accommodations, tours, rental cars, and more directly from CryptoXpress.
Zero fees - There are 0% fees and commissions on trading cryptocurrencies.
Chat with friends and groups - CryptoXpress helps to enable the creation of a social network within the platform by introducing the option of chatting in groups of an unlimited number of members.
The XPRESS token is a utility token for CryptoXpress that operates on the BEP-20 network. XPRESS is used to offer discounts, rewards, and bonuses functionality to users.
The total supply of XPRESS tokens will not exceed 10 million tokens. XPRESS tokens are repurchased by CryptoXpress from the public market and burned to maximize the token’s value by limiting its available supply. This process is done until 35% of all available tokens have been burned. (Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key. Tokens are usually burnt to reduce availability and increase market value.)
History of CryptoXpress (XPRESS)
Yogesh Punjabi is the CEO of CryptoXpress. He is a global serial IT entrepreneur and has substantial experience as a cryptocurrency analyst and trader. Adarsh Singh is the COO and has been an active cryptocurrency analyst and broker for global high network individuals for the last seven years.