The increasing popularity of cryptocurrency created a significant increase in its market. Individuals are slowly building up their reserves of cryptocurrency and the benefit of cryptocurrency presently, as well as in the future, is no secret to others. This public cryptocurrency knowledge leads to an increase in a number of enthusiasts but despite the expected return or benefit of using cryptocurrency the challenges regarding the use of it never escaped the eyes of the people. The challenges currently present in the cryptocurrency are what Bixtrim aims to solve.
The current challenges in some cryptocurrency platform include (1) Cash-out issues. It includes slow or delayed exchange of the cryptocurrency to fiat for withdrawal. This issue is planned to be solved by Bixtrim by having a financial institution's support in cashing out cryptocurrencies that will only take a few minutes. (2) Loss of profit. It is a common knowledge that a price of a coin changes depending on relevant factors at the same time it is common to assume that the price of a coin tomorrow is greater than yesterday so one has the problem of whether selling the cryptocurrency for their immediate need of cash or keeping the cryptocurrency and selling it at the right time which is hard to predict. Bixtrim acknowledges how important coins are but in some circumstances, there's the need to sell it but Bixtrim saw a remedy for this difficult problem. Bixtrim will develop a pawnshop for cryptocurrencies which means coin owners can pawn their coins for a percentage of its current price to meet their cash needs and retrieve it once they're no longer bound on any financial need.
The third (3) challenge is the slow transaction so Bixtrim plans to issue a global currency that can process transactions much faster. (4) No predetermined transaction date. Some platforms do not support predetermined transactions date but with Bixtrim, it plans to support transactions with a predetermined date and act as a guarantor for the buyer/seller agreement. (5) Single-factor authentication. Bixtrim aims to strengthen the security of transactions by introducing multifactorial authentication. (6) Crypto market connection to the retail market. Some cryptocurrencies are not yet connected to credit or debit cards which are used in retail markets but Bixtrim will launch a payment card which will allow users to do online shopping or retail purchases wherever they want. The payment card is going to be linked to the user's cryptocurrency and most importantly to the Bixtrim coin. The value of the coin to be used in payment is going to reflect the real-time value of it.
Aside from the benefits from Bixtrim solutions towards some challenges in cryptocurrency, there are other benefits as a BXM token holder, generally, BXM token's market price will not be limited. Moreover, Bixtrim will introduce the Referral Program. Through this program, users (BXM holders) will have the chance to earn more token up to 10% of the original purchase of the account that used their referral link. Plus, Bixtrim has an exciting reward to lucky BXM holders via the lottery of 1000 packages of undistributed referral tokens. The 1000 packages will contain the same number of tokens and will be distributed to lucky BXM token holders. The Lottery will take place after the sales period.
The Bixtrim token has the following token sale details:
Token: BXM
Price: 1 BXM = $1
Platform: Ethereum
Hard cap: $51M
Soft cap: $6M
To know more about the technical details and aspects of the project plus their latest updates, visit their official social media pages and website:
Bitcointalk Announcement Thread: https://bitcointalk.org/index.php?topic=4417058.0
Website: https://www.bixtrim.com/en/
Whitepaper: https://www.bixtrim.com/en/whitepaper.html
Telegram: https://t.me/bixtrim_ico
Facebook: https://www.facebook.com/bixtrim/
Twitter: https://twitter.com/bixtrim_llc
Medium: https://medium.com/@bixtrim
Bitcointalk Username: AmorFati
Bitcointalk User Link: https://bitcointalk.org/index.php?action=profile;u=2077040