MinexCoin (MNX) is a global payments system based on a low volatility cryptocurrency which is a part of Minex ecosystem. Thanks to its stable exchange rate, MinexCoin is a reliable means of payment, while the 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. On the contrary, they would support it. Wild volatility levels are very common with cryptocurrencies, MinexCoin is designed to offer relative stability.
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%. In order to reduce its volatility, such supply/demand regulation tools as market interventions and coin parking are used.
Asset Type: Coin