Cryptocurrency

Things to Know About the X12Coin

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In present times, cryptocurrencies seem to be bringing about a revolutionary change to the world we live in. Its expanse has reached a wide array of sectors like government, education, health, philanthropy, banking, and non-banking financial sectors, civic services, entertainment, etc. However, the mainstream population still seems to be skeptical about it. The two main reasons being, Privacy and Usability. These issues are affecting both individuals and private companies.

As a means to solve these issues, X12Coin evolved.

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What is X12Coin?

X12Coin is an open-source, decentralized private digital currency. X12 Coin’s total supply is 14,855,147 coins.

As of 25 October 2018, average X12 Coin price was 0.0402291 USD, 6.14E-6 BTC, 0.0001947 ETH.

Privacy

Developed with the primary aim of providing complete privacy X12Coin claims to be a secure, private, and untraceable currency. Only you have the ultimate control over your X12 funds and transactions related to it. X12Coin uses unbreakable cryptography to ensure that no one is able to view your public wallets, your account balance, or your incoming and outgoing transactions. All your transactions are completely anonymous, the sender and receiver of a transaction cannot be traced.

Usability

The use of privacy coins can be sometimes difficult to comprehend, especially for non-tech- savvy users.  There is the lack of a responsive ecosystem which provides users with an easy and simple way to store, use and spend their coins. This affects the mainstream acceptance and accessibility in a big way.

The X12Coin is a Monero (XMR) fork that aims at delivering all the benefits of a privacy coin without the need to have a thorough technical knowledge to use such a coin.

The developer team behind X12Coin is taking all necessary measures to establish X12Coin as a truly simple cryptocurrency that can easily be used by anyone. The team claims that using X12 would be as simple as paying for a meal with a credit card at your favorite restaurant or ordering concert tickets online!

Dynamic ecosystem

The X12Coin has a dynamic ecosystem which covers a variety of services which you need to use in your everyday life. You can, for example, use a web-based wallet and a mobile wallet on your smartphone. Additionally, a payment plugin for the highly popular e-commerce WordPress plugin “WooCommerce” was launched. You will also be able to take advantage of X12 for buying goods in certain shops using a debit card provided by a 3rd party service provider, or exchange X12 for cash via an X12 ATM machine.

 

X12Coin

 

Coin Trading

X12Coin is currently available on the following exchanges: CoinDeal and Crex24.

At present, investors cannot purchase alternative cryptocurrencies such as X12Coin directly using US dollars. Investors seeking to acquire X12Coin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy X12Coin using one of the exchanges mentioned above.

Some noteworthy milestones:

January 2018: Launched Payment Plugin for WordPress Woocommerce

February 2018: Introduced instant transactions between Skywallet users

April 2018: Launched the “X12App” Android and IOS

September 2018: Deployment of first ATM

October 2018: Launched crypto/fiat merchant solution via licensed 3rd party

In blockchain technology, usually investors experience increased security at the cost of privacy, but X12’s sophisticated privacy-centric technology provides you with all the security benefits of blockchain without any of the privacy trade-offs.

X12Coin is, therefore, a leading cryptocurrency with a focus on private and censorship-resistant transactions. As a result, the X12Coin has witnessed incredible growth and acceptance since its inception.

Official website: x12coin.com

Ankita Baruah

Ankita has recently joined the CryptoNewsZ team. She has a master's degree in English Language and Literature and 10+ years of experience in dealing with different types of content for print as well as digital media. Writing is her passion. Precision and originality is what she believes in and makes sure she abides by them in her write ups. When Ankita is off work, you will find her engrossed in books or enhancing her culinary skills!! You can also mail her at [email protected] to discuss anything related to her reports.

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