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ChainX Review

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Revainrating 3 out of 5  
Rating 
3.2
Crypto Projects

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Description of ChainX

ChainX (PCX) is a cryptocurrency launched in 2017. ChainX has a current supply of 12,505,374.7. The last known price of ChainX is 0.39359332 USD and is down -2.47 over the last 24 hours. It is currently trading on 12 active market(s) with $94,305.70 traded over the last 24 hours. More information can be found at https://chainx.org/.

Reviews

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Type of review

Revainrating 3 out of 5

ChainX has finished the improvement of the BTC Bridge and DEX on the project, as all of them use the equal POW settlement and UTXO running format.

Bitcoin, a blockchain-primarily based digital forex with 21 million constant deliver, has seen its price develop from almost zero to $20,000 within the past 11 years after its birth, which indicates the hallmarks of Bitcoin as a trading commodity. Bitcoin turned into awarded the name of "Digital Gold" in 2017 due to its irreplaceable features like anti-inflation, decentralization, globalization, anonymity and so forth. The meteoric upward thrust of DeFi, Paypal’s olivebranch policy to take…

Pros
  • It ambitions to make it simpler.
  • Based available on the market fee in their assets.
  • When the platform starts offevolved to work, it will become a Polkadot parachute.
Cons
  • There is no problem making it easier to construct effective blockchains.
  • There is nothing that can be easily combined.

Revainrating 3 out of 5

A fast-moving sign, a reliable, easy-to-trade project.

This project, called ChainX, switches between chain sources in a unified manner, and any chain can create a coherence of resources with all chains until a merger with the ChainX project is established. In addition, the project depends on the customer's mining power, BTC, DOT, ETH, ERC20, EOS and various sources that the customer holds in the chain store. This phase is trying to combine several chains, designed as a convention that allows you to talk to different chains, such as Bitcoin…

Pros
  • This project offers all the Blockchain services in the market.
  • A cryptographic project that demonstrates a new market strategy that creates a robust and stable ecology with multiple currency types.
  • There is a stable, good investment option.
Cons
  • No currency exchange.

Revainrating 3 out of 5

ChainX (PCX): is a cryptographic project that indicates and shows the new market strategy.

ChainX (PCX): is a cryptographic project that indicates and shows the new market strategy offering all the Blockchain services of the market and establishing a solid and stable ecology with the option of multi-currency. Currently, having digital assets presents a commercial challenge for many users to adapt to this new modality and thus achieve an extensive collaboration between information chains that provide greater speed in transactions and the privacy of the system thanks to the intelligent

Pros
  • They currently manage a capital of US$19.2 million and record daily volumes of US$1.3 million.
  • In the purchase gateway you can exchange for the following currencies, USDT, BTC, ETH, ONE, with high purchase volumes and assured security and confidentiality.
  • The value set for the purchase is very high and stable, it is a good investment option.
Cons
  • In the history of the graphs we can see that throughout its development as a crypto currency in 2019 its capital remained low for a long time until the beginning of September 2020 and then fell back to low peaks with losses of around 8 million US dollars.

Revainrating 4 out of 5

ChainX (PCX)

ChainX (PCX), is a token developed to support the project created by ChainX, to offer cryptographic assets gateway, which offers extremely good services, since it allows to measure the mining power of many digital currencies and with updated market prices. ChainX (PCX), is a token of very easy acquisition, since it can be bought and even exchanged for currencies such as USDT, BTC, ETH and ONE, it also operates from the platforms of up to 6 digital currency trading houses, where it presents…

Pros
  • It has its own block explorer, which allows to locate the old PCX transactions, in a very easy way.
  • The capitalization of ChainX (PCX), is high and its volume of daily currency trading has also remained active and high.
  • Marketing the ChainX currency (PCX) for other digital currencies is very easy, since PCX is in the list of exchange houses like MXC, Hotbit, BiKi, Hoo, Gate BigONE.
Cons
  • ChainX (PCX), cannot be exchanged for fiat currencies.

Revainrating 3 out of 5

Decentralized service that can connect multiple chains.

This platform seeks to integrate several chains, it is planned as a protocol that allows to communicate with other chains such as Bitcoin, entherium and their respective smart contracts. Launched in 2019 its version 1.0 establishing a bridge between the most popular cryptocurrencies, then from this it begins to admit chains with alternative contracts. Its version 3.0 is currently in the process of being executed, in which it will theoretically be executed as a chain of relaying messages between

Pros
  • Decentralized service between chains.
  • Any user can run a ChainX node making the network more secure and decentralized.
  • The decentralized exchange does not have fees or fees for transactions, each user can save all these costs.
  • Platform already available, the exchange has characteristics similar to those known as binance DEX, it is also easy to use. With a demo version.
  • It has a small community but it really supports and is committed to this project.
Cons
  • not compatible with mobile wallets.
  • Its latest version is in development.