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Pundi X (NPXS): Driving Retail Cryptocurrency Adoption While Rewarding It’s Users
Pundi X (Ticker: NPXS) is a new-ish token having just been released in March 2018. Since then, however, it’s quickly shot up to become the 48th largest market cap (per CoinMarketCap.com on 8/5/2018) token and seems to be drawing a lot of attention already being listed on the #1 largest exchange (Edit 12.5.2018: While i have not received compensation, all opinions are my own, this post does include referral links where applicable) Binance. Let’s take a closer look at what exactly Pundi X / NPXS (available on the worlds #1 largest exchange Binance) actually is.
What does Pundi X actually do?
Pundi X, a child company of Pundi Pundi, produces a P.O.S. (Point of Sale…not Proof of Stake) system intended to be used by retailers called the XPOS. In addition to accepting traditional payment forms, such as credit cards, it accepts cryptocurrency as well. Think of the credit card reader you use at your local grocery store. It likely lists the payment forms it will accept right on it such as (like Visa, MasterCard, Apple Pay, etc.) The XPOS is a hardware and software replacement for those systems.