Intention to solve financial problems in a simple way was a precursor to using cryptocurrency. It allows to remain independent from traditional financial institutions and is a perfect global payment system. On the other hand, high volatility is a very big disadvantage of it. Due to that, cryptocurrencies face problems in becoming a means of storage and exchange of value on the global market. Stability is a solution of this problem.
First step to start this business in a safe way is to choose right ecosystem for trading. MinexCoin is the best one because of it’s unique systems and mechanisms which remain stability of coin. Those mechanisms are close to activity of central banks, whose main purpose is to maintain the cost of their national currency.
DigixDAO keeps every token with an equivalent amount of gold physically stored in a Singapore vault. In this regard, token’s price is protected by the price of gold.
MinexCoin is a multi-purpose tool useful for trading, long-term investment and routine financial operations. It solves the problem of high volatility by regulating demand supply at exchanges. A group of professional economists monitore the hybrid governance of MinexBank. It is planned, that at final phases of financial activity will be free from human implementation due to new algorithms.
It is of note, that the main purpose of MinexBank is to stabilize the exchange rate within the range of no more than 5% of the previous day’s closure price. One more unique feature of MinexCoin is coin parking. It means possibility of temporarily suspend a number of coins in your wallet for a certain time. During this period, the coins should be left untouched in your wallet. This will ensure the stability of the system, since it will always have enough coins. In gratitude for your participation, you will be rewarded up to 70% per annum depending on how many coins you leave.