StormX Coin is the token of a gamified marketplace platform that allows users to earn rewards by completing microtasks or shopping at global partner stores online. Users can earn stake rewards, shopping, and micro task advantages by holding STMX in their wallets.
It is important to mention that StormX serves worldwide with over 700 stores.
What is StormX (STMX)?
StormX (STMX) is an ERC-20 based utility token. StormX members use a crypto cashback application or Chrome button when they buy something online. According to statements, this service works seamlessly in the background and offers users a profit opportunity between 0.5% and 85% in crypto rewards, depending on the store and membership levels.
StormX members automatically upgrade to the Purple level when they link a wallet within the application. However, the real gains start when they rise to bronze, silver, gold, platinum, and finally diamond levels.
Moreover, each tier offers more Crypto Cash Back, thus for people shopping online, buying STMX, depositing in the application, and then earning more cryptocurrency with each purchase from their favorite stores becomes more profitable.
According to the platform’s statements, the unique token model provides real incentives not only to buy STMX tokens but also to use them.
In addition, the platform has approximately 75,000 monthly active users. The platform expresses that they are a reliable and established company in the cryptocurrency ecosystem, stating, “We are a real company with a real team that has been working for over 6 years to help cryptocurrency reach a critical mass and truly achieve mass adoption.”
Besides, StormX initially started in 2017 with 10 billion STORM Coins. In the summer of 2020, StormX underwent a token exchange and changed its ticker from STORM to STMX. This change is said to have two main benefits: removing the “god mode” for enhanced security and allowing members to stake their STMX tokens.
Furthermore, StormX gets discounts from brands around the world and passes these savings to users when they make a purchase. Users receive the discounts in crypto and StormX offers this service with a small transaction fee.
STMX Coin Review
Looking at STMX coin reviews, it is observed that both the platform and the STMX Coin have gained popularity, especially after the token exchange. Staking has become quite popular recently, and the start of staking operations on the StormX platform was a plus for investors.
Additionally, in the reviews, it is seen that investors expect an increase in the value of StormX coin. However, it is stated that investors are primarily cautious in the current market conditions.
Comments about StormX, current price movements, and past prices can be better understood. At the time of preparing this article for publication, StormX (STMX) was trading at $0.0023, and in the STMX BTC trading pair, it was trading at 0.00000013 BTC. According to CoinMarketCap data, StormX (STMX) ranked 400th with a trading volume of 17,968,491 USD and it’s also worth mentioning that its trading volume in the last 24 hours was 745,434 USD.
Additionally, the STMX Coin, which broke the record with $0.2465 on January 9, 2018, saw its lowest level at $0.0005 on March 13, 2020. There are currently 7,532,689,848 StormX Coins in circulation, and this number is expected to reach a maximum of 9,566,788,816 StormX Coins.
How to Buy StormX Coin?
StormX Coin can be purchased quickly and securely through Binance, the world’s largest cryptocurrency trading platform in terms of trading volume.
StormX was listed on the Binance cryptocurrency exchange on June 3, 2020. Binance users can currently use StormX coin in STMX/BNB, STMX/BTC, STMX/ETH, and STMX/USDT trading pairs.