What is Prime X Coin
PrimexCoin is a one-of-a-kind blockchain-based cryptocurrency designed to deliver blazing fast, secure and near-zero cost payments to anyone in the world. It is designed to overcome well-known inefficiencies within government central banks and other cryptocurrencies. We believe everyone should be able to initiate transactions that are fully secure, private and anonymous. For that reason PrimexCoin contains proven innovations that other coins have not been able to develop and incorporate. Exchanger, Financial Systems, Lightning Network and Cloud Mining are here for you. Join PrimexCoin now!
How It Work?
Analysis
We process of a complex topic or substance based on market into smaller parts in order to gain a better understanding of it.Crypto features Financial system Productivity Tools Business Support
Development
We build something great
We using the latest technology to maintain system stability to support our and your business processes.
Realtime Process Mobile interface Provide faster speed of action Focus on security issues
Launch
Can't wait to implement our concept
After going through a disciplined business process, it's time for the system to work for you.Fast protocol Low transaction cost Problem solved
Some problems that are often suffered by a number of exchange users:
• Poor security and technicality
Many exchanges are made quickly, by people with good technology,
but they haven’t even had the slightest experience in finance or in
operating an exchange, they only often manage and run a system.
In an exchange system, it is necessary to need basic security, speed
and stability in the system. It does slow the development of the
system at the beginning, but it is very important for long-term
success. Our team has a long enough experience in the world of
Cryptocurrency and in the world of finance that forms a good
economy.
• Poor quality of exchange
Professional traders and users are greatly affected by this, having a
system error when selling can cause buying and selling problems.
Need a team with deep resources, knowledge and experience to
overcome this.
• Poor Service
Traders and users are of a different type in understanding, they
aren’t the same mentality, in making a successful trading mentally
needs are very strong. Prime X serves and is responsible for service
to users, when someone has a problem, they get an answer directly
from a technical expert who knows the system and not someone
who can read from a computer.
• Poor international language
Blockchain has no restrictions, some projects only focus on one
language and one country, We have people who can master several
languages, and have extensive experience in several countries, with
which we support the global market smoothly
Prime Exchanges
Matching Exchanges Engine
Our Exchange Machine is able to read more than 1,000,000 orders /
second, making it PrimeX one of the fastest exchanges that will appear
next, We are very confident that there will be no delay when buying and
selling because the engine is overwhelmed.
We will launch platform exchanges in the following features:
• Spot Trading
• Margin Trading
• Future
• Instant Exchanges
• Free Trading Fees PrimeX Coin
PrimeX will support trading in the following coins:
• BTC
• DOGE
• XLM
• ETH
• LTC
• PXC (PrimeX Coin)
More coins are added over time. We generally only add coins that have
strong credibility, a large community and good liquidity. If you have the
coin you want registered at PrimeX later, participate in our ICO Sale,
and we will help.
We also accept registration of ERC20 (Ethereum) Tokens, with terms
and conditions that apply. Prime X also supports Hardfork from every
coin that wants to improve its network.
Multiple Languange Support
We will support English, Indonesian , Chinese and Korean on all of our
user interfaces. (The very initial release will be in English and Indonesia
only.) More languages will be added over time
What’s ICO?
Randomly picked.The X11 algorithm uses multiple rounds
of 11 different hashes (blake, bmw, groestl, jh, keccak,
skein, luffa, cubehash, shavite, simd, echo), thus making it
one of the safest and more sophisticated cryptographic
hashes in use by modern cryptocurrencies.The name X11
is not related to the open source GUI server that provides a
graphical interface to unix/linux users.
ICO Extension of Initial Coin Offering. Initial means the earliest, Coin
means digital token / coin and Offering means bidding, when
interpreted in its entirety means the earliest coin offerings before
launch into the free market
Algorithm X11
X11 is a widely used hashing algorithm created by Dash core
developer Evan Duffield. X11’s chained hashing algorithm
utilizes a sequence of eleven scientific hashing algorithms
for the proof-of-work. This is so that the processing
distribution is fair and coins will be distributed in much the
same way Bitcoin’s were originally. X11 was intended to
make ASICs much more difficult to create, thus giving the
currency plenty of time to develop before mining
centralization became a threat. This approach was largely
successful; as of early 2016, ASICs for X11 now exist and
comprise a significant portion of the network hashrate, but
have not resulted in the level of centralization present in
Bitcoin.
X11 is the name of the chained proof-of-work (PoW) algorithm that
was introduced in Dash (launched January 2014 as “Xcoin”). It was
partially inspired by the chained-hashing approach of Quark, adding
further “depth” and complexity by increasing the number of hashes, yet
it differs from Quark in that the rounds of hashes are determined a
priori instead of having some hashes being
Prime X Coin
We will launch our Coins, called PrimeX Coin, with 200 million PXC in
stock. never upgraded, PXC uses the blockchain platform with the
X11 Algorithm with POW, POS, & Masternode. PXC Coin is also used
for digital payment devices, this coin has a high level of security and
also uses a wallet and private server.
PXC Coin Total Supply : 200,000,000 PXC
Platform : Blockchain with the Algorithm X11 , PoW , PoS &
Masternode
Coin: Hybrid Type POW/POS
Algorithm :X 11
Type Coin Abbrevia4on: (PXC)
Maximum Coin :200 Million
Total POW Block: 220,000
POW block Reward: 10 PXC
Time between reward: 120/Second
Minimum stake age :1 Day
Maximum stake age: 90 Day
POS Yearly Interest :12%
Transfer instant Peer to Peer
Peer-to-peer itself means Primecoin runs without having a central
server. The storage server is decentralized and distributed-divided
into various servers run by each user connected to the network.
Transfer money easily
Just like Bitcoin, it can be sent anywhere in seconds, whenever and
wherever you want. Money transfer with Primecoin can happen only
with a smartphone's and internet connection.
Transfer fee is very small to zero
Transfer fee can be removed until free, but to speed up transactions,
you can set the cost in PrimeCoin wallet as needed no matter how
much coin is sent.
PrimeX transactions are Anonymous
All the transactions we have done can be seen, but we do not know
who the owner of the Primecoin address is if the owner does not tell
it. Each Primecoin user can actually choose whether or not his name
will appear, but even if the user wants to keep his identity secret, all
of his transactions are still recorded and can be monitored through
blockchain.
ICO will start from 7PM January 1 investors can buy PXC coins in 2
the first phase comes, is served first until 30,000,000 tokens are sold.
When each new phase starts, prices will increase.
The detailed schedule is as below:
Initial Coin Offering Distribution : 15 Milion
Hardcap Raised :4,500,000 USD
Softcap Raised : 2,000,000 USD
Funds Usage
• 60% Development Costs - Contributions allocated to
development costs will be used to cover all costs associated
with developing PrimeX further, this includes upgrading and
security audits for existing networks, and launching
decentralized platforms.
• 15% Operating Costs - Contributions allocated to operational
costs will be used to cover costs associated with accounting,
business development, community management, people
operations, recruitment, support, and other administrative
tasks.
• 8% of Marketing Costs - Contributions allocated to marketing
costs will be used to cover costs associated with the promotion
and marketing that will be used for the PrimeX project.
• 7% Legal Fees - Contributions allocated to legal fees will
include any legal costs associated with the establishment and
operation of the project entity and any unexpected legal fees
needed to overcome problems that could threaten our project.
• 10% BuyBack Program - This program is held to stabilize prices
and regulate Circulating Supply at CoinMarketcap later. This
program can also Increase Volume in other exchanges and that
is very important.
Affiliate Program
We prepare Affiliate Bonus to our diligent member in promotion to
introduce Prime X coin to the world.
Affiliate bonus can be obtained by way of members must perform
Lending at least once. In the affiliate program, for the next when
there are members or investors who do lending through your
Referral when you can get an affiliate bonus instantly.
Roadmap
- Q4 2018
Prime Coin and Exchanges Development
Making Whitepaper and Litepaper based on company
Website and Mobile App in progress
- Q1 2019
Prime Coin development completed
Initial coin offering sale Prime Coin
Airdrop dan bounty program started
- Q2 2019
Listing another exchange
Marketing Campaign
IOS and Android Wallet
New pair in Prime Exchange
- Q3 2019
Blockchain & Trading Training
Conference
Partnership with other projects
Local exchanger in Asia, Europe
- Q4 2019
Trading competition In PEX
Target Price $10
Production in Exchange
for more information:
Website:https://www.primexcoin.co/
Twitter: https://twitter.com/primex_coin
Facebook:https://facebook.com/primexofficial
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