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Minexcoin - Global payments system based on cryptocurrency with low volatility

Posted by Republik Coin - Cryptocurrency News on Kamis, 01 Juni 2017

Minexcoin ico

Since 8 years ago exactly 3 january 2009 Bitcoin introduced through online and began to spread throughout the world, since then the world of cryptocurrency began in the interest and developed many experts to learn how Bitcoin works.
Every year criptocurrency progresses rapidly, entering various business and industry sectors. Online payment, shopping, insurance, investment, trade and many more.
 Based on data on the site coinmarketcap.com which lists altcoin to date there are recorded 736 types of cryptocurrency.
While there are currently many types of cryptocurrency but not all are accepted in online payments, it is because the price or exchange rate fluctuates, so there is a risk of loss during a payment transaction for example suddenly the value decreased by a few percent, this is what the merchants have avoided.
 To solve the problem, Boris Shulyaev one of the ITs sparked the idea of a new era of payments which is called Minexcoin. What is Minexcoin? The following brief explanation of what is Minexcoin and how it works.
Introduction of Minexcoin
 MinexCoin  is a global payments system based on cryptocurrency withlow volatility which is a part of Minex ecosystem. Thanks to its stable exchange rate, MinexCoin is a reliable means of payment, while controllable growth of coin price makes it an attractive means of value storage. Containment of volatility and price growth are maintained by the system’s autonomous algorithm acting like a central bank, hence the name MinexBank. Financial instruments it employs would allow traders to earn from exchange rate margin without damaging the coin’s ecosystem.

Minex platform combines the functionality of a simple and safe processing infrastructure for online shopping and cryptocurrency operations, an online digital assets exchange, and an investment platform.The instruments available at Minex enable you to store your money safely, spend them with a couple of clicks, and even obtain guaranteed revenues by just helping the system to remain stable.
How it works
MinexCoin.com is governed by MinexBank, a smart algorithm that autonomously takes action to maintain MNC  price.
"Parking" and "interventions" are the main instruments of MinexBank to regulate volatility
Parking means temporarily suspending a certain amount of coin on your wallet which will allow you to receive interest. Interest rates will fluctuate according to chosen parking period and current supply/demand balance, effectively incentivizing investors to park coins. when supply overpowers demand on the market. When demand is on the rise, interest rates decrease and investors are incentivized to sell.

Interventions, MinexBank uses its own reserve to conduct interventions, selling or buying MNC to alleviate market’s pressure

Main Exchange
While  assessing  market  conditions,  MinexBank will invoke asset price at the
main exchange, which is the exchange where MinexBank stores, buys and sells
its assets. The selected exchange will have to be the most secure of all currently in  existence. Prices  for  asets  traded  elsewhere will correlate with those at the main one thanks to trader arbitration.

Minexcoin Crowdsale
Currently Minexcoin.com entered the second ICO, after the first round secures 2 million MNC. In the second round of ICO, Minexcoin available for sale is 150,000 MNC.
Minexcoin ICO second round begins 15 May 2017 - 13 June 2017, meaning ICO has been running for 2 weeks and is now entering the3rd week.

ICO (initial coin offering) offers bonuses at several stages, so investors will get more coin from the purchase, here are the bonuses on offer.
Minexcoin ico bonus
Investors can buy it on the official website Minexcoin.com
To secure investor funds during the sale Minexcoin has provided escrow, Lauda is an escrow that is believed to secure investor funds. Following confirmation from Lauda.
Terms&Bitcoin addresses:

MinexCoin specifications
Total amount: 19 000 000 MNC
Block rewards: 2.5 MNC
Hashing algorithm: Mars
Block size: 2 MB
Block time: 2 min 45 sec


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