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Finder.com is an independent comparison platform and information service that aims to provide you with information to help you make better decisions. We may receive payment from our affiliates for featured placement of their products or services. We may also receive payment if you click on certain links posted on our site. After MinexMarket’s release later in 2018, the MInexCoin community will be able to buy and sell goods and services in return for MNX.
- This is one of the more interesting problems to solve.
- By ensuring that liquidity levels are high, MinexCoin argues it can limit volatility of the coin.
- I would rather have other people respond with top 3 reasons why I should invest in MNX.
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There is nothing you can do during a bear market. As one other user has said it’s a long term coin, hence why they also have yearly parking. Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation.
WITHIN +/- 5% of previous day’s close, I thought. This project was the first to actually nail decentralized savings account, which NOBODY seems to realize… The short term volatility might be concerning but if you look at the long term chart, it’s pretty decent.
Will they use the $1.44 that things started at originally? If so the price target of even 20$ is going to be roughly 8 fiscal/annual years. And this does not say, once again “You must use the banking system in order to obtain the 33% return” so this should be on top of the banking adjustable rates. Bitinfocharts.com needs to review the security of your connection before proceeding.
I only mined this coin for “on the spot” profits, but if you’ve bought into the compound interest gimmick, perhaps you should read my other comment and reply to me with numbers than speculation. You should probably reach out to the leadership team and ask them questions directly in the Telegram channel where it makes more sense to have this conversation. You’re trying to pull info from a bunch of people who probably didn’t read the white dadi ico paper and, even if they did, there’s a good chance they don’t have the technical wherewithal to understand what is in there. That may be why you’re not satisfied with your answers on here – go ask the team. Finder monitors and updates our site to ensure that what we’re sharing is clear, honest and current. Our information is based on independent research and may differ from what you see from a financial institution or service provider.
MinexCoin
The percent change in trading volume for this asset compared to 1 hour ago. Amount of coins also comes into play at some point due to rates and sold value. Most will not understand this, but by being on a limited amount of markets sales influence price on a much larger scale than most, and Circ Supply lowers overall value.
Users can temporarily freeze their MNX coins in return for fixed interest payments in the form of MNX. You’ll see “Market order” active by default, which means you’ll trade at the current market price. The change in the rate of MinexCoin during 2018 for each day, week, month.
The MINEXBANK reserve is 1,500,000 MNX, which is not included in the amount quoted above. View the total and circulating supply of MinexCoin, including details on how the supplies are calculated. The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading. I’m not even in MNX , but even i understand the point of investing in this project in the first place .
I’m pretty sure this kid just got into crypto and is prob years old. Actually, i take that question back, please don’t respond. I would rather have other people respond with top 3 reasons why I should invest in MNX. The price is supposed to be withing +/- 5% from the previous day’s close, I think.
Given crypto has made huge moves forwards various governments are trying to impose regulations on the trading of cryptos and pumping and dumping is already being locked down on. The issue they solve is one that has risen out of Bitcoins instability https://coinbreakingnews.info/ and Bitcoin is only unstable due to it’s sudo adoption. If Bitcoin is adopted into mainstream society to the point where we see everyone using it as the prefered method to exchange value the problem that MineX is trying to solve vanishes.
The change in the rate of MinexCoin in 2019 for 1 day, 1 week, 1 month. The change in the rate of MinexCoin for 2021 for each day, week, month. The change in the rate of MinexCoin during 2022 for each day, week, month. Developers have decided not to bring their currencies into the market by the end of 2017.
MinexCoin value history in pound sterling since 2017. MinexCoin value history in US dollar since 2017. In cryptocurrency rankings based on market capitalization. Cryptogeek.info needs to review the security of your connection before proceeding. Page four of the whitepaper starts with the low volatility premise of 5% and a later claim of over 33% raise per annum, no mention of daily 5% protection! The whole idea is presented as a more secure option for miners due to low volatility but it don’t look that way in effect.
MinexCoin Price & ROI on this Date
They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents. Circulating supply shows the number of coins or tokens that have been issued so far. Popularity is based on the relative market cap of assets. If that is the case, it seems like MNX has been in a downtrend and has still been pretty damn stable.
MinexCoin is a global payment system built on the eponymous low-volatility crypto-asset regulated by an autonomous algorithm with methods proven in traditional financial markets. Minexcoin aims to be a commonly used cryptocurrency, because of their low volatility. Minexcoin aims to achieve stable growth by using MinexBank, which is an algorithm based on economic analysis and calculations of bank experts. According to MinexCoin’s white paper, the total supply of MNX is capped at 19 million coins. The block time target is pitched at three minutes, and through the proof-of-work consensus model, miners can potentially earn 2.5 MNX per block reward. This is further supported by the Equihash algorithm protocol.
MinexCoin is a global payments system based on a low volatility cryptocurrency which is a part of the Minex ecosystem. Minex uses a stable exchange rate, meaning Minexcoin is reliable and the controlled growth of the coins price also makes it an attractive means of value storage. Reducing volatility and containing price growth are both maintained by the systems autonomous algorithm which acts like a central banks. The minex platform combines the functionality of a simple, safe, processing infrastructure for online shopping, with cryptocurrency operations, an investment platform, and even a digital assets exchange.
When comparing offers or services, verify relevant information with the institution or provider’s site. Talk with a financial professional if you’re not sure. CEO and founder Boris Shulyaev claims to have a plethora of experience related to blockchain technology, including owning one of the largest mining farms in Europe. The management team is supported by advisers that include the Kiev National Polytechnic Institute and Kiev National Economic University. Cryptocurrency markets are highly speculative, and so you should conduct your own research before purchasing MNX. There’s no guarantee that MinexCoin’s antivolatility model will protect your purchase.
Market Overview
To stabilise MNX, MinexCoin’s developers have designed an economic strategy similar to that of a central bank. Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Please do your own research on all of your investments carefully.
- Binance is not responsible for the reliability and accuracy of such third-party sites and their contents.
- Everyone has there opinion and I respect any devils advocate.
- The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
- 😒 If you are looking to play swings and day trade coins, then no offense this coin may not be suited for your style of investing.
Their application reads their blockchain where our account resides and our coins never leave our account for parking them with Minex’s team. With this being said this is not the point I am trying to make. The concept of low volatility is to encourage holdr pattern long term, during the event of someone is selling off a market changing amount of coins during a stable market.
These instruments enabled Minex to be a one stop shop for storing, spending, investing and receiving money the controlled inflation even guarantees a revenue for helping the system remain stable. CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap. Get latest crypto prices, predictions, news, and historical data for Bitcoin and thousands of altcoins.
MinexCoin price history, chart since start of trading
Using an excel and pulling readily available historic data from coinmarketcap.com takes less than 5 minutes. Jing Jun Ma is a tech and data expert with more than a decade of experience in digital marketing and programming. He wrangles data to make it useful for consumers facing a decision. Because the MNX coin operates through the bitcoin client, its transactions are validated through the proof-of-work consensus model. This means each transaction is independently verified on the blockchain ledger. Like buying MinexCoin, you can sell this coin through any of the exchanges listed above.
- You’re trying to pull info from a bunch of people who probably didn’t read the white paper and, even if they did, there’s a good chance they don’t have the technical wherewithal to understand what is in there.
- Next time I’ll make an announcement on which coins I hold bags of so you can stay away.
- As MineX sees it, Cryptos have this barrier when it comes to actually being used as a currency.
- Users can temporarily freeze their MNX coins in return for fixed interest payments in the form of MNX.
- Send requests to with email address from the wallet and receiving address of your wallet.
MinexCoin asset is a low-volatility cryptocurrency with predictable and dirigible price development. It may be employed both as a means of settlement and a means of saving. The long-term value of the coin is based on its annual growth of 33.6%.
MinexCoin is a global payments system using a token that’s designed to have low volatility. The history of the MinexCoin exchange rate is available for free on the website in online charts. History of the MinexCoin exchange rate in online charts for free on the website. Digitalcoinprice.com needs to review the security of your connection before proceeding. The percent change in trading volume for this asset compared to 7 days ago.