Everex is a financial services enterprise that makes use of blockchain solutions technology in areas like trading, lending, and cross-border payments. Individuals and SMEs can use the platform to access their services that include global credit histories that are decentralized and scorings. Their services can be availed by both individuals and small and medium businesses.
With Everex, companies and individuals can trade in, and borrow or transfer, borrow, any currency without having to use any bank account. The world market is within the grasp and control of users when they are on the Everex platform. The key benefits of using Everex are settling times of less than 30 seconds, lowest transaction costs and amazing global support. Everex services are powered by the Ethereum blockchain thus allowing full transparency into all transaction processing. For clients dealing in non-deliverable currencies, Everex can be particularly valuable.
Everex can be used to trade and exchange foreign currencies at the best rates and to transfer money across borders within seconds. The platform allows clients to pay for services and to vendors quickly and effortlessly with one-click facilities. They can also borrow money in any currency and pay back the same in the same or any other currency with Everex.
The Everex-backed EVX tokens can be used for a number of utility functions on the Microfinance and Payment platform of this cryptocurrency. EVX accumulation allows individuals and businesses with low credit rating to give their ratings a boost regardless of where they are located or operate from. When loans are paid back on time, users are rewarded with an EVX bonus. Late payments invite an EVX levy. EVX rewards are offered to those vouching for borrowers. EVX is also accepted as collateral. Borrowers can offer their EVX to get timely credit at lower rates of interest and also enjoy a host of other perks.
Everex is fast emerging as a reliable means of transfer of funds between two individuals by using the advanced crypto-cash facility. The fund transfer process involves the use of the Ethereum network. According to the developers, it will be always pegged at 1:1 with a fiat currency. Crypto-cash can be transferred across borders at a much faster rate and definitely more reliably than conventional methods.
Everex EVX total supply presently stands at 25,000,000 and circulating supply is 16,500,000. The market cap of the currency is $21,205,635. It trades at $1.29. There is a huge potential for growth in the future according to leading experts.
Born in 2008, with the bitcoin being the first open-source and widely popular cryptocurrency, the fad associated with them seems to have died down. Th
Dash is a new breed of cryptocurrency, which is a promising alternative coin (also called altcoin) to Bitcoin. In this article, we’ll deal with a br
Mark Cuban June-05-2018
On 29th April 2018, UNICEF Australia proclaimed an initiative which allows a user to hand over his o
There was a time when 10,000 BTC coins would buy 2 pizzas. This was around 8 years back. Now, one
In its past reports, CCN made a note that the 8,200 USD resistance level seems to be a crucial st
Tony Scott May-16-2018
In a meeting with CNBC this Monday, i.e. 14th May, a top-rated policymaker of the US spoke in sup
Jeremy Liew May-08-2018
Sergey Brin, the co-founder of Google says Ethereum mining has assumed an important part in the curr
Tony Scott May-07-2018
The Bitcoin blockchain left its mark in April with the 17 millionth Bitcoin being mined. In case you
Tony Scott May-05-2018
Bitcoin and Ethereum are two world-renowned cryptocurrencies that have led the crypto market and sur
Jeremy Liew May-04-2018
Today, digital currencies are doing kind of things that investors and Wall Street have never seen be
After long, the world’s most popular cryptocurrency, Bitcoin seems to come back. The &lsquo