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Pundi X is a decentralized, blockchain-powered ecosystem. The project aims to make digital currencies easier to access and simpler to use for people who are new to crypto. With its underlying technology, merchants worldwide can accept cryptocurrency payments, while users can treat crypto as a routine payment option. Pundi X is made up of a mix of hardware and software offerings designed to support blockchain payments in in-person retail environments. The Pundi X team created the Pundi XPOS system for processing crypto transactions, which merchants can buy for use in their stores. Production of Pundi’s POS payment solution began in February 2018.
PUNDIX is the Pundix X Chain native token; it was previously NPXS.
As noted, Pundi XPOS is the ecosystem’s main product. It’s a software suite that merchants use to enable cryptocurrency transactions. Transactions are processed in under 0.5 seconds, and the system supports multiple cross-chain digital currencies. This covers BTC, ETH, BNB, the ecosystem’s native token PUNDIX, and others. To reduce exposure to crypto market volatility, merchants receive payments in a stable currency, or FIAT, depending on distribution partners.
Beyond Pundi XPOS, the ecosystem includes additional core products that help drive its day-to-day operations. One key item is XPASS. XPASS is an NFC-enabled card for making cryptocurrency payments. It can be topped up and linked with other Pundi offerings, including XWallet.
XWallet is a blockchain wallet built by the Pundi team. It enables users to buy, sell, and trade digital assets through the XPOS system. Users can also send and receive funds with Telegram directly in XWallet, without paying any fees. XWallet also connects with a range of private wallets, such as Binance Blockchain Wallet, Samsung Blockchain Wallet, and Pundi X Savings Powered by MEW. A set of dApps is also compatible and can be accessed from inside XWallet to expand usability.
Pundi X also supports blockchain developers, digital asset issuers, and businesses in listing their crypto assets across the full range of Pundi X ecosystem products. In practice, this allows teams to offer their assets for online and offline payments throughout the Pundi X product lineup.
At its core, PUNDIX is a utility token used by developers for processing fees and for purchasing XPASS cards. Additional uses include using it to list tokens on XPOS, making it available for merchant loyalty payments, and paying for ads. The project also includes a token burn mechanism aimed at lowering total supply, which may help support the token’s value.
PUNDIX can be traded on the CEXs and DEXs listed here. The most widely used venues with the highest liquidity are Binance, Gate.io, and Uniswap. The PUNDIX price can differ based on the exchange and broader market conditions. For the latest and historical PUNDIX pricing information, please check the price charts on this page.
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