Cryptonex (CNX)

$ 1.96 (-1.40%)

$ 1.96 (-1.40%)

# Change
(7d)
Market Cap Volume (24h) Circulating Supply
59 = $108,974,218 $2,262,586 107,135,054 CNX
Cryptonex (CNX) - Historical Price Chart

About Cryptonex

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In October 2017, the ICO of the international blockchain-acquiring project Cryptonex (CNX) was completed. The team set up the main objective--to provide the opportunity to exchange any world (fiat) currencies for cryptocurrencies and tokens to buy goods and services using mobile phone and payment cards. All transactions will be instantly carried out with minimal commission. Even in the absence of powerful PR-support, Cryptonex team managed to raise 18 million dollars. 

Today for funds deposit/withdrawal implementation, it is necessary to use exchanges or other services (for example, LocalBitcoins), which charge fees and take time for conducting operations. There is always a risk to lose money because of a dishonest [actor]. Money withdrawal is also difficult, and there is no opportunity to pay with cryptocurrency using a mobile application. Cryptocurrency holders are tired of waiting for conversion, deposit, withdrawal, and they fear of losing funds on exchanges.

To solve these problems, Cryptonex has already developed a secure web wallet that allows the storage conversion to/from popular cryptocurrencies. The team has begun to implement the mobile application and the opportunity to work with fiat [currencies]. Cryptonex is based on Scrypt encryption algorithm. It protects transactions and wallets from hacking from the outside. The access may be encrypted; the key thing is to store the password in a safe place. 

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