NPXS is a cryptocurrency that was created by the Pundi X team. It is used to power the Pundi X ecosystem.
NPXS was originally an ERC20 token on the Ethereum blockchain. In June 2018, Pundi X launched its mainnet and NPXS tokens were migrated to the new network.
Pundi X has a dual token system. The NPXS token is used for transactions and payments on the Pundi X network.
The other token, NPXSXEM, is used for staking and governance.
NPXS tokens can be used to pay for goods and services at participating merchants. They can also be used to top up mobile phones and make peer-to-peer payments.
Pundi X has partnerships with a number of major companies, including Samsung, Kyber Network, and Binance.
In January 2018, Pundi X completed a successful ICO and raised $35 million. NPXS tokens were sold at a price of $0.
NOTE: WARNING: It is highly recommended to exercise caution when trading NPXS on Binance. There have been reports of sudden price drops and/or large sell orders on the exchange, which can cause significant losses to unsuspecting traders. Additionally, there may be instances of market manipulation or insider trading taking place, which can further complicate matters. As with all investments, it is important to research the asset before investing and never risk more than you are willing to lose.
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The Pundi X team has ambitious plans to increase the use of NPXS tokens. They want to make them available at over one million retail outlets by 2021.
NPXS was trading at around $0.0065 in January 2019 but the price soon fell below $0.001.
The price rallied in May 2019 but has since fallen back below $0.
The dramatic fall in price may have been due to a number of factors, including the general bearishness of the cryptocurrency market in 2018 and 2019, and concerns about the Pundi X team’s ability to meet their ambitious goals.
Binance is one of the world’s largest cryptocurrency exchanges and it lists a wide range of coins and tokens. However, Binance does not currently list NPXS or any other Pundi X token.
This may be due to the low trading volume of NPXS on other exchanges. It may also be because Binance does not want to list a token that is not widely used or adopted yet.
The Pundi X team is still working hard to increase the use of NPXS tokens and they may eventually list on Binance once they have achieved their goals. In the meantime, you can buy NPXS on other exchanges such as KuCoin and IDEX.
9 Related Question Answers Found
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, does not have NPXS. Binance is a digital asset exchange with a focus on the Chinese market and other Chinese coins. However, it does not currently list NPXS.
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