What Is PointPay (PXP)?

PointPay is an all-in-one crypto platform that offers crypto products and services to everyone. The asset is considered a one-stop fintech space that offers a full range of financial services within its already released products. Fintech is the integration of technology and the financial industry that helps improve service delivery and usage to consumers. Per its whitepaper, the network has created the first blockchain-based bank worldwide with tokenized gold (XAUt), Bitcoin, and dollar stable-coin (USDT). XAUt is an ERC20-based digital currency that can be traded anytime worldwide. The several products and services of PointPay include: 

• PointPay CryptoBank: Blockchain-based bank that allows people to open saving and deposit accounts and earn regular interest on their crypto.

• PointPay Exchange: The platform offers a custom trading UI with the market, stop-limit, and limit orders.

• PointPay System: A network where customers can trade the most popular crypto-assets such as bitcoin, USDT, etc., directly from credit and debit cards.

• PointPay Wallet: A digital wallet to securely store funds and track changes in the cryptocurrency portfolio.

• PointPay Crypto School: A learning space that supports global education of cryptocurrencies and blockchain.

PointPay observed that more than 1.5 billion people worldwide don't have both access to banking services and financial literacy. People needed a platform that applies compliance guidelines and offers financial services based on blockchain. To solve these issues, PointPay created a platform that merges financial services with the blockchain, such as a blockchain-based bank, payment system, crypto loan module, crypto wallet, crypto school, etc. Also, the network works with legal frameworks such as KYC (know your customer) processes when processing traditional payments to prevent fraudulent activities. In addition, the team of PointPay created a series of videos that provides beginners steps to crypto markets to increase financial literacy.

PointPay Token (PXP) is an ERC-20 token of the PointPay platform. The token was released on the Ethereum platform. PXP token holders get discounts for trade transactions on the PointPay crypto exchange and higher yields on PointPay crypto bank deposits. Users can also avail themselves of up to 40 percent of tokens by accessing the PXP staking program and premium videos from PointPay Crypto School. 

History of PointPay (PXP)

PointPay was released on June 25, 2018, and created its first whitepaper on October 14, 2018. The currency has a maximum supply of 1,000,000,000 PXP coins.