What is Counos X (CCXX)? Here is the Crypto Currency CCXX Token in All Details

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. What is Counos X (CCXX)? Here is the Crypto Currency CCXX Token in All Details – In this article, What is Counos X (CCXX)? We will answer the question and try to present details about the project.

What is Counos DEX?

Counos DEX is an Estonia-based decentralized exchange, launched on 01/10/2019, managed and operated by Counos OÜ, a company registered and licensed to operate legally in the EU region.

This platform is designed to offer peer-to-peer and community-based decentralized transactions in a secure environment that empowers all crypto trades.

The services of this exchange are available in 248 countries from all over the world. Users can not only trade various cryptocurrencies but can also use common fiat currencies to buy and sell digital currencies.

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Counos DEX has licenses FRK000735 and FVR000842; The first of these allows the company to offer virtual currency wallet services, the second to offer crypto and fiat exchange services.

Users are not required to provide personal information to trade crypto-crypto on Counos DEX, but to convert crypto to fiat money, they must have KYC to protect their security and prevent any fraud and fraud.

Using blockchain technology and cryptocurrencies, both individuals and businesses can have their own exchanges without any financial transfer or liability from third-party intermediaries, with no risk of fraud.

As a decentralized exchange, Counos DEX does not store any assets of users, rather than using an escrow service provided by a MultiSig wallet (multi-signature wallet) that limits access to only two private key holders.

Counos DEX guarantees the security of global online exchanges through two-factor authentication using Counos SSO (Single Sign-On).

On the platform, users can trade or store Counos Coin (CCA), Counos X, Counos E, Counos U, Bitcoin, Litecoin, and more.

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The Counos Escrow system uses a multi-signature wallet to prevent only one party from accessing funds.

Escrow service

The Counos Escrow system uses a multi-signature wallet to prevent only one party from accessing funds. A multi-signature wallet requires three different private keys to be opened; a trusted third party, escrow agent, holds one key while the other two are held by the seller and the buyer.

Crypto escrow is particularly useful when dealing with large amounts of money. Because sellers will want to make sure the payment is made before shipping their products, and buyers will be reluctant to pay before they are sure of the delivery. Escrow solves this situation by eliminating the risk of fraud and uncertainties between the two transacting parties.

Counos Escrow can be used for high-volume, crypto-to-crypto trading, Bitcoin OTC, real estate, and any other type of financial transaction.

The Trust Representatives, who manage and see the contracts being completed, are individuals and lawyers of law firms such as the EU-registered official law firm Gh Legal SRO and the official law attorney Cedric Schmid in Switzerland.

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E-commerce businesses can use the Counos Payment Gateway to accept cryptocurrencies as payment for their goods and services.

Payment Provider

E-commerce businesses can use the Counos Payment Gateway to accept cryptocurrencies as payment for their goods and services. Counos Payment Gateway works like other payment processors, allowing shoppers to choose the Payment Gateway to pay when shopping online.

Online businesses and customers can choose the cryptocurrency they want to use with Counos Payment Gateway, allowing customers to choose between Counos Coin, Counos Cash, Counos E, and even cryptocurrencies such as Bitcoin, Litecoin, and Ethereum.

Users do not need to worry about their data, as no wallet information will be requested or saved by the firm or redirected to a third-party site. Sellers will also be able to close and send receipts after transactions are confirmed.

Counos X is a Proof of Stake cryptocurrency developed for the Counos environment and is designed to have a fixed buy and sell price.

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What is Counos X (CCXX)?

Counos X is a Proof of Stake focused cryptocurrency developed for the Counos environment and is designed to have a fixed buy and sell price. Since the price is always fixed, both retailers and consumers can use the money safely for payments.

The proof of stake algorithm allows CCXX holders to increase their fund balance as they receive 5% interest annually. Staking Counos X for at least 6 months will bring an interest of 2% and 0.75% for three months. CCXX payments are closed instantly, thanks to the platform’s Lightning Network integration.

Cryptocurrency can be converted into fiats such as USD, CHF, EUR or other cryptocurrencies. CCXX is the first cryptocurrency that can be purchased directly from any local bank. Users can purchase coins from any bank by contacting the advisor and accessing the Swiss ISIN.

Counos U is a 100% USD backed, bank-friendly stablecoin with a fixed value of $ 100.

What is Counos U Coin?

Counos U is a 100% USD backed, bank-friendly stablecoin with a fixed value of $ 100. The support system includes 4 trustees, a Swiss bank and seven other lawyers who ensure Counos U is backed by 100% USD.

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Counos U owners who have been holding the money for more than a year earn 3.9% returns. Cryptocurrency can be purchased from any bank through the Swiss ISIN and can also be exchanged for fiats such as USD, CHF, EUR or other cryptos.

Staking Sistemi

Counos Platform SSO account users who deposit their Counos Coins or Counos Xs based on simple staking conditions will receive a percentage of their money according to the period and schedule of their choice.

To deposit cryptocurrencies and collect rewards, users will have to choose between 3-month to annual plans and store tokens in special wallets that they can only access.

Digitalization of Assets

Individuals and businesses can use the Counos Platform (Counos.io) to create their own exchangeable and trusted digital assets. Customers can securitize and specify any asset with the platform that offers issuance solutions in the following investment products: Actively Managed Certificates, Audience Certificates, Non-Bank Assets, Private Debt, Private Equity, Real Estate, Capital Protected Notes, Loan-Related Securities and Insurance-Linked Securities.

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Counos has developed a number of wallet services where customers can store coins for staking or trading.

Wallets

Counos has developed a number of wallet services that customers can store coins for staking or trading. The company has the option to create a web browser wallet, basic wallet, and paper wallet. For users on the go, there is a Counos mobile wallet compatible with both Android and iOS devices.

Result

Counos is a comprehensive crypto platform that allows both individual users and businesses to invest and take advantage of crypto trading, payment integration, and staking. The exchange allows anyone around the world to easily purchase stable and secure digital currency from any bank.

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