MinexBank Commitment: The 12-month Hodl. Day #6 Update

in cryptocurrency •  7 years ago  (edited)

Hey Crypto Family!

Today is the 6th update from the 'The Great MNX Park' series, a 9-month fun experiment/testament to my belief that blockchain tech and cryptocurrencies will survive to 2020. In order to have 'skin in the game,' I will park a fraction of the MinexCoin (MNX) every single day until December 31st, 2018. The parking term is 12-months and the interest rate will vary. This is a fun experiment and in no way constitutes financial advice. For all I know, my money could be going down the toilet. However, I've been following this project for sometime and truly believe in their work.

I hope you enjoy today's update!

If you'd like to donate as a contribution to my efforts, I will re-park all MNX sent to the address below for 12-months and announce the donation in the next daily update: XTWGnuQ2ZvRhLbrNaoiriKx1RS2YfS8oam

Today's Parking Info:

  • Date: March 12th, 2018 (#6)
  • Parked: 0.25 MNX
  • Duration: 1-year
  • Rate: 70.2%
  • Expected Return: 0.1755 MNX
  • Mature date: March 12th, 2019
  • Unlocked at Maturity Date: 0.4255 MNX
  • Total Locked: 1.30 MNX


MinexCoin Announces Roadmap Update Including Debit Card Implementation

MinexCoin (MNX) Price Updates @ Time of Daily Parking:

  • March 7th, 2018: $26.58
  • March 8th, 2018: $29.68
  • March 9th, 2018: $26.83
  • March 10th, 2018: $29.43
  • March 11th, 2018: $27.73
  • March 12th, 2018: $29.65

Total Amount Parked at Today’s USD Value: $38.55

Carryover of Daily Parking Info:


These bite-sized updates will take place every single day for the rest of the year - this is my goal/aim. I work on quite a few projects right now so I'm trying to make this as easy as possible so that I can also be informative and help others learn about not just the MinexCoin project, but blockchain technology in general. These guys are the first to nail the decentralized savings account and I am a big supporter of their technology.

If you'd rather follow the daily updates on Medium in this special 'The Great MNX Park' series, here's a link to that as well:

March 7th: 0.25 MNX
March 8th: 0.15 MNX
March 9th: 0.20 MNX
March 10th: 0.25 MNX
March 11th: 0.20 MNX
March 12th: 0.25 MNX

Total 12-month Parkings to Date:

1.30 MNX

Parking Days Left in 2018:

  • March: 19
  • April: 30
  • May: 31
  • June: 30
  • July: 31
  • August: 31
  • September: 30
  • October: 31
  • November: 30
  • December: 31

Total Parking Days Left in 2018: 294

Official MinexCoin Resource Links:

Below are some resources for beginning cryptocurrency enthusiasts or others interested in something new:

  • History of Cryptocurrency Exchanges — insightful look into the token-based exchange model and how exchanges have evolved.
  • CoinPayments  — Receive and make payment via 70+ different cryptocurrencies — the crypto-PayPal.
  • CryptoPay — Spend your crypto. Can order a Euro, US Dollar or Pound crypto-debit card. Get 25% off using this link.
  • CoinTracking  — Your personal Profit / Loss Portfolio Monitor and Tax Tracker for all Digital Coins or cryptocurrency. Bitcoin, Ethereum, Litecoin, altcoins, etc.
  • Changelly  — the ultimate fiat-cryptocurrency exchange to buy/sell instantly with credit cards, for anybody, anywhere.
  • HitBTC  — great exchange for trading various cryptocurrencies and operational since 2013.
  • Bit-Z  — Newer Top 20 cryptocurrency exchange adding new, ICO coins all the time.
  • Gate.io--Cryptocurrency exchange listing new coins - get 10% off trading fees if you register with this link.
  • LinkCoin — Your ticket to using LinkCoin, Bibox, and Bibox365 exchange products and ICO’s — mainly Asian cryptocurrencies that are not available on other exchanges.
  • CEX.io -  Buy Bitcoin w/ credit card, ACH bank transfer, SEPA transfer, cash, or AstroPay. Credit purchases are instant.
  • CoinMama- purchase Bitcoin and Ethereum w/ credit/debit cards & using cash through WesternUnion on their platform. Best for Euro purchases.
  • Cryptocurrency Resource Telegram Channel - Telegram channel dedicated to providing beginners or experienced cryptocurrency traders with alternative resource options. Exchanges, hardware wallets, tax resources, etc.
  • Ledger Nano S — multi-cryptocurrency cold hardware wallet supporting Bitcoin forks. Keep your coins safe and offline. Cold storage.
  • Kucoin Exchange - Binance's 'little brother.' Very similar with trading competitions and whatnot. Revenue share token as well!
  • Exmo Exchange - just launched their own coin and adding robust features to the trading platform.
  • Binance  — the up-and-coming cryptocurrency exchange that has truly entered as a leader among exchanges. Tons of benefits, a trader’s must-see.
  • CoinMate  — great Bitcoin Exchange for those who reside in Europe, the EU and surrounding area. Very easy to understand.
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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin8427.660$-8.17%-17.91%
ETHEthereum628.539$-9.18%-17.95%
LTCLitecoin162.645$-7.47%-13.26%
MNXMinexCoin25.252$-6.44%-10.28%
NANONano9.384$-10.9%-23.32%