Pollux (POX) – An Introduction
This article explains how to buy POX with INR on KoinBX, an emerging global crypto exchange. Pollux (POX) coin runs on the Tron TRC-20 Blockchain network designed for file sharing and data storage. POX coin also acts as a distributed and decentralized cloud storage facility for secure data storage without any interference from a third party.
POX aims to bring cloud storage on a public Blockchain network for the payment of mobile recharges, utility bills, and Peer-to-Peer (P2P) exchanges around the world. Hence, there will be no data loss as in the centralized cloud storage facilities.
Pollux Coin is more cost-effective and efficient. The main goal of POX coins is to offer relevant information to the token holders. Pollux Coin intends to be an ambitious initiative that outlines an enduring vision and high reputation of cloud storage with low costs.
Applications are deployed in a wide variety in POX because of their highly effective smart contracts and scalability. High scalability can provide support to huge users. POX aims to improve the Transaction Per Second (TPS) to achieve high throughput.
The POX coin is released through Crypto Minting Units (CMU) in 30 phases. Minting uses the Proof-of-Stake (POS) mechanism to generate new coins and adds the coins to circulation for trading. A total of 50 million POX is minted and distributed between POX holders during multiple processes.
The brokers, traders, and investors are united into a decentralized and open network, making the financial market even more global. This enables successful traders to quickly scale their trading strategies by attracting investments from around the world. The smart contract technology will provide an automated and absolutely transparent system for investment and profit distribution.
Advantages
POX coin holders will benefit from a variety of advantages in the future.
High throughput: High capacity: High throughput is accomplished by further developing the Exchange Each Second (TPS) in POX, outperforming Bitcoin (BTC) and Ethereum (ETH), to the everyday utilization degree. POX consistently handles 2000 TPS.
High scalability: There are various ways for the deployment of applications in POX due to its scalability and highly effective smart contract. It can support various numbers of users.
Future Potential of POX
Pollux is an ambitious initiative that has lined up lots of potential milestones in the future owing to the drastic increase in the demand for decentralized cloud storage. With a clearly outlined long-term vision with milestones, Pollux coin makes decentralized cloud storage a promising endeavor in the Blockchain network. Pollux coin development team is working on the development of its own Blockchain based on the fastest consensus Delegated Proof of Staking (DPoS).
Tokenomics
Token Name: Pollux
Ticker Name: POX
Total Supply: 50,000,000 POX
Circulating Supply: 50,000,000 POX
Max Supply: 50,000,000 POX
Market Cap: $104M
How to Buy POX with INR and USDT?
Buying, selling, and trading POX with KoinBX is easy. Follow the below steps to buy POX with INR,
- Signup with KoinBX.
- For creating an account, fill the required fields
- Complete your KYC verification process.
- Add your bank account.
- Deposit Fiat to your KoinBX account.
- Click the Buyoption to buy POX with INR & USDT.
How to Sell POX with INR and USDT?
Follow the below steps to sell POX,
- Signup with KoinBX.
- Complete your KYC verification process.
- Link your bank account.
- Click the Sell option to find a buyer for POX.
Once a buyer for POX is found, you can start selling POX with INR & USDT.
How to Trade POX on KoinBX?
Click POX/INR pair to trade POX with INR
Click POX/USDT pair to trade POX with USDT
Start trading POX anywhere and anytime with the great trading experience with KoinBX Android and iOS app.
