Review on OLXA by LUIS RIVERO R
Token for payments.
This is another cryptocurrency based on the ethernet network whose main purpose is Payments, offering.
-Low rates, fast transactions, security and anonymity. However, these characteristics are not new, there are hundreds of assets destined for payments, so at this point OLXA has an arduous competition.
-The team that integrates this platform goes from engineers to trade experts, which suggests that they have a business model and a really interesting platform. However, it is not possible to verify the profiles of the people presented there.
-It is listed in few Exchanges, and it is possible to follow up on coinmarketcap, its daily volume is low although it is congruent with the launch time of this cryptocurrency, it still does not have the necessary confidence for more people and investors to bet on this asset.
-Second technical details, it only has 2600 million tokens, with 360 holders and only 916 transactions have been made with this token.
Due to the characteristics of this asset, I recommend being aware of the movements of this token, since it does not have much general information about its use and new features to be implemented. Officially they say a group of people focused on trade solutions in different branches.
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Pros
- Token compatible with multiple wallets.
Cons
- Low transaction volume
- It is listed in few exchanges.
- In the market they are focused on it is highly crowded.
