Everex Coin is a cryptocurrency operating on the Ethereum platform. The platform behind Everex Coin aims to make international payments more accessible for global businesses and consumers by implementing stablecoin blockchain payments, thereby setting a new transaction standard without borders.
What is Everex (EVX)?
Everex (EVX) is the native cryptocurrency of the Everex platform. Everex is built on the idea of using stablecoins for cross-border and card payment settlements. According to statements, Everex pioneered the first transactional use application of traditional money-based tokens long before the term stablecoin became popular. In line with this purpose, the platform aims to provide the best and unique solutions to the problems faced by global businesses today.
With this goal, the platform offers its users 6 fundamental solutions, listed as follows:
- Global Money Transfers: Everex’s Blockchain-supported payment solutions allow sending money within seconds, ensuring a seamless experience for both sender and receiver.
- Online Bank Card Payments: For e-commerce merchants accepting online payments, it offers same-day Visa/Mastercard payments in stablecoins.
- Digital IBAN for EU/UK: Simplifies invoicing with IBANs denominated in Euro and GBP and offers the possibility of direct payment receipt.
- High Yield Interest: The platform integrates with CeFi and DeFi partners to offer the highest market interest rates in Stablecoins with seamless fiat money deposit and withdrawal operations.
- Merchant/Sales Partner Payments: Provides mass payments in stablecoins with the stablecoin-supported Visa card feature for merchants, affiliates, and suppliers in local markets with fiat cash outs.
- Global Corporate Card: Transactions with Everex are incredibly fast, offering one-minute payments and access to global capital.
On the other hand, in addition to offering cooperative banking models with free services, Everex’s main mission is to provide fast and transparent payment solutions for SMEs and entrepreneurs worldwide. It aims to achieve this by innovating in the application of stablecoins pegged to the USD for cross-border and online payment settlements.
In addition, Everex brings together SMEs in international trade, online sales, and manufacturing, offering them the benefits of blockchain technology without user adoption challenges. Everex products are designed for business owners who are not crypto enthusiasts, aiming to solve the inefficient payments problem for SMEs facing enough challenges in growing their user bases and sales figures.
EVX Coin Review
The most appreciated feature of the Everex platform seems to be its focus on SMEs and its solutions to emerging problems in this area. Accordingly, investors also appear to trust EVX coin. It would be beneficial to look at the current and historical data of EVX coin, especially for medium and long-term investments.
As of the time this article was prepared for publication, Everex (EVX) is trading at 0.2924 dollars and 0.00001242 BTC against Bitcoin. According to CoinMarketCap data, Everex (EVX) is ranked 670th in terms of market capitalization, with a market cap of 6,641,816 USD.
In addition, there are currently 22,700,000 Everex Coins in the market, and it is stated that there will be a total of 25,000,000 Everex Coins. It is also worth mentioning that EVX Coin saw its all-time low of 0.0947 dollars on March 13, 2020, and an all-time high of 7.36 dollars on January 7, 2018.
How to Buy Everex Coin?
Everex Coin can be purchased via the Binance exchange. Binance, the world’s largest cryptocurrency trading platform in terms of trading volume, is observed to have listed Everex Coin on October 26, 2017.
In addition, Binance users can currently perform EVX/BTC and EVX/ETH transactions.