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PIVX coin, aiming to be a pioneer in Proof of Stake (PoS) technology, focuses on interchangeability, transaction privacy, community governance, network scalability, and real-world usage. It is an MIT-licensed, open-source, decentralized Blockchain-based cryptocurrency. PIVX is technically advanced and aspires to be one of the globally accepted online digital currencies.
Additionally, it is known that the team is currently working on a new Privacy Protocol.
What is PIVX?
PIVX is a cryptocurrency that aims to provide users with financial freedom and ensures complete control of digital assets by the users. PIVX offers numerous advantages to its users.
PIVX rewards everyone who holds PIV in their wallets. Users are rewarded with PIV for helping maintain network security by keeping their wallets online and synchronized.
On the other hand, PIVX’s core development team consists of 3 experienced Blockchain developers with a total of 14 years of active Blockchain development, each coding and engineering PIVX for 3 years. Additionally, several community developers continue to provide regular additional support.
PIVX is also designed to maximize the network’s value and security, supporting scalable, decentralized, and flexible node infrastructure, aiming for a long-term sustainable balance between inflation and deflation.
In addition, users can use their balances to make transactions privately at any time. Users can keep their identities, addresses, and balances confidential while making these transactions. It is also stated that PIVX transactions are very fast and incur very low fees.
Moreover, PIVX’s governance model is based on a blockchain system using master nodes, which allows funding of community proposals through a voting consensus. PIVX is recognized as the first blockchain project to translate its website and materials into over 30 languages and proudly supports community centers and groups worldwide.
PIVX Coin Review
PIVX coin is appreciated for its emphasis on privacy and enabling financial freedom for individuals. While some see the lack of an ICO for the cryptocurrency as a positive feature, others think this might create problems in the future.
Moreover, the long-standing presence of PIVX coin in the market and its continuous developments have also garnered positive reviews. To assess these reviews more clearly, it is beneficial to look at the current values of PIVX coin.
According to CoinMarketCap, the PIVX token was trading at $0.3008 at the time of this article’s preparation. It is also beneficial to mention that the PIVX token reached its lowest level at $0.0004 on February 16, 2016, and its record level at $9.20 on January 23, 2018.
Additionally, with a trading volume of $17,084,852, PIVX coin ranks 382nd in terms of market value and is trading at 0.00001851 BTC against Bitcoin (BTC). It is observed that the current circulating supply of PIVX coin is 56,781,166, and the total supply target is not clear.
How to Buy PIVX Coin?
Listed on the Binance exchange on January 23, 2018, PIVX coin trades against Ethereum, Bitcoin, and Binance Coin. Like most cryptocurrencies, PIVX coin set a record shortly after being listed on Binance and then fell.
PIVX coin can be securely purchased through Binance, the largest crypto trading platform in terms of trading volume.
