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Scalable Proof of Stake Coin PIVX Now Available for Staking on HolyTransaction Exchange

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HolyTransaction Exchange

Proof-of-Stake (PoS) concept is taking off in recent times as crypto projects are looking to cut down on the issues related to the traditional Proof-of-Work (PoW) approach used by Bitcoin and other major cryptocurrencies. Ever since Ethereum announced to move to the POS approach, there is increased interest around the sector as a valid alternative. This is fundamentally a paradigm shift happening in the industry and new players are eager to start with PoS from the start rather than starting with PoW and having to migrate to the former in the future.

Introducing PIVX on HolyTransaction Exchange

best PIVX wallets

Private Instant Verified Transaction (PIVX) is a cryptocurrency protocol with a native coin of the same name. The cryptocurrency can now be owned and staked on HolyTransaction, a popular cryptocurrency exchange with a strong resolve to provide the complete blockchain experience and capabilities to each user.

Normally, cryptocurrency exchanges have complete control over the funds of users and thus, they don’t have the flexibility to offer services like staking for more returns. Staking is basically a feature of the PoS mining approach in which users lock their funds for a limited time and then earn rewards on them like one does as interest on a bank account. This feature has been missing in the cryptocurrency industry for a while and a person’s total wealth doesn’t increase with time and rather remains stagnant.

PoW vs PoS

PoW uses a different approach in which energy-intensive computing machinery is used and participants are rewarded based on the sheer power of their dedicated resources. Many people believe this is unfair as new miners have to constantly dump new coins to remain afloat.

In PoS, on the other hand, a fixed amount is locked into place like a fixed deposit account and one earns mining dividends on it. This automatically creates a choked supply of the cryptocurrency for the investors and encourages users to lock more and more coins in place and earn staking rewards. This is one of the reasons why many smaller projects are looking to either migrate to PoS mining or start with it from the very beginning. It is less energy-intensive and arguably fairer than the PoW approach.

HolyTransaction’s Staking Services

HolyTransaction wallet is now offering various PoS coins on its official exchange platform. While coin exchangeability is often offered readily by exchanges, they don’t offer the full experience because of their limited functionalities.

With HolyTransaction, one can not only own these new up-and-coming cryptocurrencies they can also have complete access to them in addition to having access to staking features.

PIVX Features

PIVX, exclusively available on HolyTransaction has the following key features:

  1. Privacy Protocol to help make anonymous transactions.
  2. Fast network and transaction times.
  3. Low Fees
  4. Energy efficiency due to the use of the PoS system
  5. Community-based development and future roadmap-based approach.

The current market capitalisation of PIVX is around $30 million with a price of $0.5. The total number of coins in circulation is 56,781,166.

Visit the official HolyTransaction exchange to buy/trade/swap and stake cryptocurrencies.

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to any company, product or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release. 

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Claim Amazing Prizes As You Bet on Your Favourite Euro 2020 Teams!

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Euro 2020

Can you hear the horns and football fans preparing their songs? Can you feel the anticipation and excitement in the air? Euro 2020 is here! The stage is set, the teams are ready. It’s another time to watch some of the world’s best players battle on the pitch to bring glory to their nations.

Don’t miss your chance to cheer for your national team with an unbelievable bargain: 1xBit presents you EUROMANIA 2020, an online lottery where you can win huge prizes in bitcoin as you back your team to win!

Feel the Winning Euphoria

You have the chance not only to watch the team succeed but also to walk away with fantastic cash rewards. 1xBit’s Euromania 2020 features five draws of prizes happening at each of the Euro 2020 stages: group stage, the eighth final, quarterfinal, semifinal, and final.

At each of the five draws, lucky winners will be rewarded with up to 100 mBTC and other amazing prizes. But that’s not all! There will also be the ultimate draw where you can win the star prize of 1 BTC, free bets, and many other fantastic crypto prizes! Amazing, isn’t it?

The promotion runs until the 11th of July 2021 during which the five draws will take place. Then, the ultimate draw for the star prize comes up on the 13th of July.

Grab your lottery tickets right away by betting on EURO 2020 events on 1xBit. The more you bet, the more lottery tickets you get. And as you grab more lottery tickets, you increase your chances of winning a prize!

About 1xBit

1xBit is an online sportsbook and casino site with thousands of betting options. It provides a safe and convenient platform that makes your betting experience thrilling. Here are some things you enjoy when you bet on 1xBit.

  • Welcome bonus: Sign up and make deposits to enjoy a huge welcome package. You can get up to 7 BTC on your first four deposits!
  • Anonymous platform: No need for submission of names, location, or any other personal data. One-click sign-up process!
  • Multicurrency platform: 30+ cryptocurrencies available for you to bet on. You can also switch any coin of your choice whenever you want.
  • Instant payouts: Enjoy fast withdrawal of your funds. There will be no need for processing times or verification of documents.
  • Large selection of betting markets: 40+ sports with all the popular leagues available for you to bet on. You can place both line or live bets with excellent odds.

Hurry now! Bet on Euro, Win in Crypto!

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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African Crypto Exchange Quidax Raises Over $3 Million on the Worst Day of Crypto in Less Than 48 hours

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Quidax Raises

On what could be tagged as the worst day of crypto this year, African-founded exchange, Quidax, raised over 7,772 BNB from the public sale of its token, QDX. The crypto market suffered its first major dip in 2021 on Thursday, May 19 with Bitcoin dropping as low as $30,000 from highs of $64,000. In spite of this, the public sale of QDX sold out in less than 48 hours.

Recently, Quidax announced that it had processed over $3 billion in transaction volume since its launch in 2018 with over 400,000 customers across more than 70 countries. In the announcement, Quidax also shared a shift from its African-focused strategy to becoming the global home of BEP20 tokens.

Next Steps for Quidax

On Friday, the exchange revealed that $QDX will be listed on its platform and DeFi platform, JulSwap, from Sunday, 23rd May, where anyone will be able to trade QDX.

QuidaxQuidax also unveiled its QDX roadmap that highlights the next developments within the QDX ecosystem. The revelation included the listing of several tokens including BNB, DOGE, and SHIB.

As part of its roadmap, the first major product in the QDX ecosystem, QDX Vault will enable people to stake their QDX tokens and earn token airdrops from every other token that gets listed on the exchange.

Additionally, an airdrop has been scheduled in June for Quidax and JulSwap community members that hold QDX.

The QDX roadmap also indicates the launch of a self-service listing that will go live in August. This unique feature will serve BEP20 projects looking to list their tokens on Quidax exchange within 24 hours.

A Fast-Growing Ecosystem 

The Quidax ecosystem continues to grow with partnerships. One such partnership is with blockchain analytical firm, Chainalysis. Quidax recently revealed that it would be listing Wall Street Games Token (WSG). Wall Street Games is one of the biggest blockchain-based gaming platforms and this development shows the commitment towards building a unique ecosystem.

Apart from its instant exchange & order book services, Quidax enables OTC trading for institutions and gives fintech companies the tools to offer cryptocurrency services to their customers through a dedicated plug-and-play API.

About Quidax

Quidax aims to be the home of BEP20, giving anyone access to tokens on the Binance Smart Chain (BSC), as well as popular cryptocurrencies. Apart from instant exchange services, Quidax enables OTC trading and gives fintech companies the tools to offer cryptocurrency services to their customers through a dedicated API. Quidax was officially launched in 2018 and currently has over 400,000 customers in more than 70 countries.

Website: Quidax.com

Quidax Native Token: Quidax.com/QDX

QDX Token Community (Telegram): https://t.me/QDXToken

Twitter: https://twitter.com/QuidaxGlobal

Facebook: https://facebook.com/QuidaxGlobal

Instagram: https://www.instagram.com/quidaxglobal/

Quidax Global Community (Telegram):  https://t.me/QuidaxGlobal

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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First Julpad Token Launch to hold on May 19 with African Cryptocurrency Exchange, Quidax

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Julpad Token Launch

Cryptocurrency Exchange Quidax has announced that it will be launching its ecosystem token, QDX, on JulSwap’s launchpad Julpad on May 19, 2021, at 10 am (UTC) QDX will be the first exchange token to launch on Julpad.

On Twitter, the company revealed that the QDX private sale had sold out within 10 minutes. According to Quidax CEO Buchi Okoro, the speed of the private sale showed how enthusiastic the community is towards QDX. ‘’The record sale of the private allocation shows the enthusiasm towards QDX and our transition towards becoming the home of BEP20 tokens,’’’ he added. The private sale was the first phase of the token launch, with 3% of the total QDX supply made available to strategic partners and early community members.

To keep everyone updated on the token launch, Quidax will be hosting two AMA sessions on Tuesday, May 18, 2021, by 3 pm (UTC) and by 5 pm (UTC). The sessions will be held on the JustLiquidity telegram channel and the QDX telegram channel. Both will feature Quidax CEO, Buchi Okoro, and JulSwap CEO, Tobias Graf to answer questions about the token and how to get it.

The exchange had recently revealed that it was evolving from its African-focused strategy towards a global strategy that will position it to become the global home of BEP20 tokens. Quidax also announced a partnership with JulSwap, one of the biggest decentralized exchanges (DEX) in the Binance Smart Chain Ecosystem.

Last week the African founded startup shared that it had done over  3.2 billion dollars worth of transactions since launch and have grown their customer base from 50 customers in 2018 to over 400,000 customers across 72 countries today.

Quidax has also partnered with leading blockchain analysis firm Chainalysis to provide transparency and reduce fraud cases within its ecosystem. Chainalysis has a track record of helping cryptocurrency platforms assess risk, safeguard against illicit transactions, and protect their reputations with superior Anti-Money Laundering (AML) solutions. Quidax will be able to leverage Chainalysis solutions to optimize its platform. 

About Quidax

QuidaxQuidax aims to be the home of BEP20, giving anyone access to tokens on the Binance Smart Chain (BSC), as well as popular cryptocurrencies. Apart from instant exchange services, Quidax enables OTC trading and gives fintech companies the tools to offer cryptocurrency services to their customers through a dedicated API. Quidax was officially launched in 2018 and has processed over $3 billion in transactions. Quidax also has a global appeal with over 400,000 customers in more than 70 countries.

Quidax Token: Quidax.com/QDX

QDX Token Community (Telegram): https://t.me/QDXToken

Facebook: https://facebook.com/QuidaxGlobal

Twitter: https://twitter.com/QuidaxGlobal

Instagram: https://www.instagram.com/quidaxglobal/

Quidax Global Community (Telegram):  https://t.me/QuidaxGlobal  

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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