Ixinium

Ixinium

XXA
$0.007369313%15.51

Key Metrics

Price$0.007369313
Real Volume (24H)$1,020.48
MarketcapN/A
Fully Diluted ValuationN/A
ATH$2.56
ATH Date4/16/2021, 10:51:06 AM
ATL$0.00719452
ATL Date8/12/2022, 11:17:26 AM
Circulating SupplyN/A
Total Supply540M
WebsiteN/A
WhitepaperN/A
Popularity Rank11068
Chart
What is Ixinium?

Ixinium (XXA) is a cryptocurrency platform that aims to provide a mechanism for client asset protection while offering benefits to insurance users. It offers quarterly auditing of public asset accounts and insures, vaults, and secures all precious metals that back Ixinium's crypto token. Ixinium's vision is to offer decentralized and transparent assets that are supported by cryptocurrency, insured for replacement value.

The Stellar network powers the Ixinium platform, which is owned by the public and runs across a decentralized, open network that handles millions of transactions daily. Like Bitcoin and Ethereum, Stellar relies on blockchain to keep the network in sync. The Stellar network is fast, cheap, and energy-efficient, which further facilitates financial transactions. On Ixinium, payments can be processed in 2-5 seconds, and network fees are negligible - a single 600,000th of a cent each transaction.

According to its whitepaper, the growing cryptocurrency market faces structural and functional issues, stemming from a variety of reasons such as the market's infant nature, lack of understanding of the cryptocurrency space, and peculiar economics of cryptocurrencies. Also, the cryptocurrency market has been plagued by the activities of hackers and cyber-criminals from its inception. Due to these activities, some traders prefer to store the bulk of their cryptocurrency holdings in offline wallets. Ixinium aims to resolve these issues by backing cryptocurrency with precious metals, providing blockchain transparency, and enabling audit-able transactions.

The native token of the Ixinium platform is XXA, which is reserved and backed with gold, silver, palladium, and platinum. According to its whitepaper, XXA offers the following benefits:

  • Accepted worldwide
  • Decentralized currency
  • Low inflation risk
  • Easy payment
  • Low volatility
  • Performance mechanisms to improve basic values and markets

The Ixinium platform was founded in 2016 by Marko Pakarinen, and the maximum supply of the XXA token is 540,000,000.

Ixinium offers a unique solution to the challenges faced by the cryptocurrency market. By backing its cryptocurrency with precious metals, providing transparency through blockchain technology, and enabling audit-able transactions, Ixinium aims to provide a mechanism for client asset protection. The platform's use of the Stellar network ensures that payments can be processed quickly and cheaply, making it a viable option for users worldwide. With XXA's low volatility and inflation risk, it may also serve as an attractive investment option for those seeking to diversify their portfolio.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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