Function X

Function X FX

$0.0736
Market Cap $ 16.916 MM (#390)
24h Volume $ 108.160 K
Chg. 24h: -1.27%
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Function X News

FuzeX and XTOCK launch new crypto cold wallet custody service

FuzeX and XTOCK launch new crypto cold wallet custody service - CryptoNinjas FuzeX, a cryptocurrency payment platform, recently launched a new cryptocurrency cold wallet custody and payment service with XTOCK, a blockchain company that provides STO, custodian, exchange, and wallet services. The new cold wallet custody service is available for enterprise users now, and it will soon also be accessible for individuals. Service will feature storage and FuzeX and XTOCK launch new crypto cold wallet custody service - CryptoNinjas

a year ago

How to Travel the World With Bitcoin Cash

Traveling is on everyone’s minds as summer approaches and crypto enthusiasts are no exception. But for anyone thinking of a holiday trip, travel arrangements can be arduous. Crypto payments can make your life easier in that regard, particularly with bitcoin cash, which is a fast and cheap way to pay for anything. The following guide shows you how to travel the world on BCH. Also read: Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans Book Flights, Hotels, Cars and Train Tickets With BCH A lot of things have changed since the early days of Bitcoin and there are now much more places and ways to spend your electronic cash. Cryptocurrencies are yet to gain mainstream adoption in many sectors, but the travel industry has already proven to be quite hospitable towards crypto holders. A number of travel sites now take major coins including BCH for booking flights, hotels and car rentals. Cheapair is the first major online travel agency to process crypto payments after it started accepting bitcoin back in 2013, initially for flights and soon after that for accommodation as well. The U.S.-based platform acts as an intermediary between the providers of these services which are paid in fiat and clients who would like to pay with cryptocurrency. In response to customer demand, Cheapair.com added bitcoin cash (BCH) to its payment options about a year ago, noting its improved transaction potential in comparison with bitcoin core (BTC). Bitcoin.Travel is another well-known platform which accepts payments in seven cryptocurrencies, including BCH. On its website, you can search for flights, hotels and car rentals offered by its partners. Crypto payments are made on confirmation but the funds are transferred to the service provider at least a day after you check in. Payouts are made in cryptocurrency which means the participating businesses accept coins. According to the Polish agency, you can currently book rentals, tours or other activities using your favorite cryptocurrency. Note, however, that trying to book a flight usually redirects you to a partner that may not support crypto payments. 600,000 Property Listings Available to BCH Holders To make sure that bitcoin cash supporters will have the opportunity to arrange their trip using BCH, Bitcoin.com recently teamed up with Travala, a leading blockchain booking platform. Travala.com will be integrated into the Bitcoin.com Wallet whose 4 million users will be able to take advantage of its services thanks to the partnership agreement. The agency offers savings up to 40% on hotel bookings and accepts cryptocurrencies including bitcoin cash. With over 82,000 destinations in 210 countries, Travala is a global platform and bitcoin cash holders will now be able to choose from almost 600,000 property listings for their next holiday, directly from their Bitcoin.com Wallet. Destinia is another option if you are looking to spend your bitcoin cash on traveling. The platform is available in over 30 languages and maintains a search engine similar to any other travel agency, only the services it facilitates can be paid with cryptocurrency. Note, however, that prices are displayed in mBCH. Beside hotels, flights and cars, you can also pay for train tickets, which is a welcome addition. Railway companies in most countries are yet to integrate crypto payments but Destinia has already made this transport option available to cryptocurrency users. It currently sells tickets for the railway systems of a dozen nations including major tourist destinations such as Italy, Spain, Portugal, France, the United Kingdom, Canada and the U.S. Business Travelers Are Covered as Well Startups, professionals and entrepreneurs in the crypto space can also check out Corporate Traveller, a U.K.-based business travel management platform. Like Destinia, this agency provides rail transportation options along with flights, car hire and accommodation. Not long ago, Corporate Traveller began accepting bitcoin cash payments from companies making travel arrangements for their employees. If you contact them, their consultants will be able to offer you help and fares you can pay with BCH thanks to a partnership with Bitpay. Airtreks is another booking platform that works with the same crypto payments provider. It lets you explore global routes with multi-stop international flights and helps you prepare your long itinerary with its Tripplanner feature. Its website currently advertises around the world specials such as “The Grand Escape,” “Circle the Globe,” and “Beach Hopping.” And if you like visiting exotic places, Bookmauritiushotels.com is a website that offers “the best prices you can ever find” for hotels in the island nation which you can pay for with BCH. Other companies in the industry accepting cryptocurrency payments through Bitpay include the Latvian national carrier Airbaltic and the German travel sites Fluege and Nurflug. According to a thread on the Bitcointalk forum, there’s also a bunch

a year ago

NEW FEATURE: FXT Online Payment Service Open! Buy with FXT a...

NEW FEATURE: FXT Online Payment Service Open! Buy with FXT and get FuzeW with 53% off the original price! For more… https://t.co/DpQwenPWj3

2 years ago

Changpeng ‘CZ’ Zhao Gives a Thumbs up As Spend Adds Binance Coin Support

Multi-currency digital wallet Spend now allows users to spend their Binance Coin (BNB) tokens at over 40 million merchants worldwide by using the crypto ATM VISA card, and Spend app. With the addition of BNB, the total number of digital currencies supported by Spend has gone up to 15. Binance CEO Hails the Move Spend aims to make crypto trading simpler by enabling users to buy and sell digital currencies directly from their bank accounts and transfer funds to more than 180 countries using the Spend app. The platform also supports real-time crypto-to-fiat conversion, which is a handy way for users to spend from their crypto stash anytime, anywhere. Additionally, the app also supports real-time fiat-to-fiat and crypto-to-crypto conversions. There are three fiat options to choose from: USD, CAD, and EUR. Besides the digital wallet, Spend is also offering three categories of Visa cards — Spend Simple, Spend preferred, and Spend Black — that users can shop with at more than 40 million merchants all over the world. A new card has to first go through an identification process using the Spend app. Upon receiving the physical card, users can link it to their Spend digital wallet and load funds using any fiat or cryptocurrency of their choice. #Binance Coin is now available on the #SpendApp. Buy/Sell $BNB with your bank account. Exchange $BNB with all supported assets. Spend $BNB at 40+ million locations with the Spend Wallet by instantly converting to fiat with the #Spend Visa® Card!@cz_binance @binance @Teddy_Lin pic.twitter.com/JUUGwvhPMf — Spend.com (@SpendCard) February 15, 2019 With such a wide range of choice, BNB’s association with Spend will definitely add to the charm of the coin — especially when it comes to everyday usage. No wonder that Binance CEO Changpeng Zhao hailed it as an “awesome” move while pointing out that among other perks, users can now also withdraw from their BNB stash using a credit card. Wow, this is awesome in so many ways! #HODL $BNB and just swipe a card when you spend. Best of both worlds! Someone asked me about credit card withdrawals on the AMA, here you go. #CarefulWhatYouWishFor with @Binance. Thank you @SpendCard https://t.co/lFCgMQLqB6 — CZ Binance (@cz_binance) February 15, 2019 Just Another Crypto Debit Card? The popularity of crypto debit cards such as the ones offered by Spend is largely driven by their ability to let consumers use their crypto holdings across all merchants including those with old school POS devices that don’t accept crypto payments. Despite this advantage that makes crypto more user-friendly for everyday purchases, setting up these debit cards tend to be somewhat pesky because of money transmitting and banking regulations laws. Because of these factors, these cards haven’t been as widespread as initially anticipated barring in a select few jurisdictions. And the prolonged bear market hasn’t been much of a help either to overcome that. All being said, cryptocurrency debit cards are certainly not a new concept and Spend will have to overcome the turf war against the likes of FuzeX, Paycent, TenX, Wirex, and other competitors that offer more or less the same set of services. One advantage Spend enjoys over most of its rivals is its support to a wider range of cryptocurrencies. But whether or not that’s enough to give it a higher market penetration is a question only time can answer. Changpeng ‘CZ’ Zhao Gives a Thumbs up As Spend Adds Binance Coin Support was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

2 years ago

8 Crypto Debit Cards You Can Use Around the World Right Now

Cryptocurrencies are gradually becoming a viable payment option across a range of markets and jurisdictions. If there is a tool that significantly expands the usability of digital coins in a world still dominated by traditional payment systems, it’s the crypto debit card. A growing number of reliable platforms offer the fintech product to bitcoin enthusiasts. Also read: Crypto Cards Are Legal in Russia, According to the Finance Ministry Established Crypto Card Providers in the U.S. Bitpay, which processed over $1 billion in payments during a bearish 2018, offers users in all U.S. states a convenient way to spend their cryptocurrencies online and in store. Its prepaid Visa card is tied to a cryptocurrency wallet that supports instant conversion from bitcoin core (BTC) and bitcoin cash (BCH) to U.S. dollars and local fiat currencies outside the country. Bitpay’s crypto card is available to U.S. residents only. To apply, it is necessary to provide a home address, a valid government-issued ID and social security number. There’s a fee of $9.95 that covers the cost of issuing and a dormancy fee of $5 a month following a 90-day period of inactivity. A currency conversion fee of 3 percent is applied each time the card is used outside the U.S. Withdrawing cash at an ATM costs $2 in the United States and $3 abroad. Shift, another card available in the U.S., allows users to connect to their Coinbase accounts. The Visa card has no maintenance fee but a 3 percent commission is charged on international transactions. ATM withdrawals cost $2.50 in the United States and $3.50 in other jurisdictions. The card itself is $20. Shift supports BTC only and offers fee-free conversion from bitcoin core to U.S. dollars. Major Crypto Debit Cards Available in Europe Wirex is the first choice for many Europeans. The U.K.-based startup offers both virtual and physical Visa debit cards, and the plastic version comes with chip and PIN. They are currently available to residents of the European Economic Area (EEA), where Iban support was introduced for all EUR accounts. However, the company plans to offer its services in North American and Asian markets as well. Users can load the card with bitcoin core (BTC), ethereum (ETH), ripple (XRP), litecoin (LTC), and waves, the latter having been added recently. Card holders can spend three leading fiat currencies - euros, U.S. dollars and British pounds. Wirex users pay a $1.50 card management fee each month. ATM withdrawals within Europe cost $2.50, and $3.50 elsewhere. In-store purchases are rewarded with 0.5 percent crypto cashback in BTC. Revolut, another British company, offers up to 1 percent cashback in cryptocurrency for payments made with its Revolut Metal card. For less than $16 a month, the digital bank’s premium service provides clients with access to five major coins - BTC, BCH, ETH, XRP, and LTC - and the ability to pay in over 150 fiat currencies. The contactless card, which can be used anywhere Mastercard is accepted, comes with fee-free ATM withdrawals up to €600 per month (~$680). Cryptopay issues another card in both virtual and physical form. The latter has a chip and costs $15. The contactless card is currently issued only in Russia, where it has a 1 percent loading fee and a monthly service fee of 65 Russian rubles, less than a dollar. Cryptopay is planning to bring its cards to Singapore. The payment provider supports BTC, ETH, LTC, and XRP. A fee of $2.50 is applied to withdrawals from teller machines and each exchange transaction is charged a 3 percent commission. Some Newcomers in the Market A number of payment providers and fintech startups have launched new cryptocurrency debits cards in the past few months. These platforms are trying to attract the attention of crypto users around the world and prove themselves as alternatives to the well-established products on the market. Fuzex is cryptocurrency payment card project that last summer chose bitcoin cash (BCH) as its base cryptocurrency. It also supports ETH and the platform’s own token, FXT. Fuzex cards are currently issued to residents of Europe and the APAC region. The physical card is NFC payment enabled. It comes with an EMV chip and a barcode display. Crypto.com, a Hong Kong-headquartered company formerly known as Monaco, announced in October it’s starting to ship its MCO Visa cards to customers in Singapore. The prepaid cards are linked to a mobile wallet that allows holders to buy, sell, store, send, and track digital coins such as BTC, ETH, Binance’s BNB token, the platform’s own MCO tokens as well as major fiat currencies. Aximetria offers a debit card linked to a cryptocurrency wallet which became available to Russian citizens since last year. In November, the Switzerland-based startup told news.Bitcoin.com its platform supports BTC and ETH which can be used for online and offline payments via instant conversion to fiat. The company is partnering with the cryptocurrency exchange Cex.io. The card can be or

2 years ago

Happy new year to #FuzeX community!🤩 Hope all your wishes co...

Happy new year to #FuzeX community!🤩 Hope all your wishes come true and FuzeX team will continue to work diligently… https://t.co/AfzFnFsobf

2 years ago

[Video from #Bounty Program] Please let us share the FuzeX v...

[Video from #Bounty Program] Please let us share the FuzeX video from one of bounty participant. This video will te… https://t.co/lrmNo9qYzD

2 years ago

Here is the last bi-weekly update in October! Curious on wha...

Here is the last bi-weekly update in October! Curious on what FuzeX team have been up to? Check out on the followin… https://t.co/q1pCiykhYA

2 years ago

We had a signing ceremony with @Dashpay , which is one of th...

We had a signing ceremony with @Dashpay , which is one of the key partner of FuzeX, @money2020 . Visitors have show… https://t.co/WGQ4qwZjUE

2 years ago

Cryptocurrency Exchange CoinCola Partners With Dash as It Launches in Venezuela

Hong Kong based cryptocurrency exchange CoinCola is taking its global expansion campaign seriously and as a result, has partnered with Dash to enter the Venezuelan crypto market through multiple promotional deals running from Oct. 1 to Dec. 31. The cryptocurrency exchange partnered with Dash because of the cryptocurrency’s large footprint in the Venezuelan crypto market. A Strategic Partnership Allan Zhang, founder, and CEO of CoinCola, claimed that the exchange processes more than 100,000 transactions on a monthly basis. Zhang said: “CoinCola is averaging 100,000 transactions every month on our platform. We are the second largest public OTC platform in the world by transaction volume and this time 95% of total transactions are from Asia. With our partnership with Dash, we will be truly global. We decided to partners with Dash because it is the most efficient digital currency for payments, offers the lowest fees, and provides ‘InstantSend’ technology.” CoinCola is charging a 0-percent trading fee on over-the-counter (OTC) transactions involving Dash, while a 0.5-percent trading fee will be charged on OTC transactions involving BTC, USDT, BCH, and LTC. The promotional period runs from Oct. 1 up to Oct. 31. Until Dec. 31, CoinCola users will earn a 30-percent commission reward on each transaction made via the exchange’s referral program. Dash is one of the most popular cryptocurrencies in Venezuela and is accepted at over 1,500 merchants, accounting for more than half of the total global Dash merchants. The partnership comes at a time when the South American country is ravaged by an economic crisis that has caused food shortages, poor health care, and low oil production, among others. The country’s currency no longer functions as a stable store of value because of hyperinflation. As such, many residents are turning to cryptos, particularly Dash. Dash Cryptocurrency Dash was forked from Bitcoin protocol that allows untraceable conditions. According to CoinMarketCap, Dash is trading at $164.47 at press time. On Dec. 21, 2017, Dash peaked at $1.517 but has fallen sharply since the beginning of the year. Dash yearly price chart. Source: Coinmarketcap.com Dash has had a good year, at least where partnerships are concerned. In January and February, the exchange signed multiple integrations and partnerships with start-ups, which include BitINKA, Bitcoin.vn, Bitnovo, GoCoin, Piiko, StrikePay, Mercury Dash, MorphToken, and Webmoney. Dash partnered with CoinFlipATM and Tradecore, a software firm, in July. In August, Dash experienced a 23-percent surge in 24 hours after it announced a partnership with Kripto Mobile as it expanded into Latin America. Dash also partnered with FuzeX in September. The partnership allows people to spend their Dash using a Dash debit card. Cryptocurrency Exchange CoinCola Partners With Dash as It Launches in Venezuela was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2 years ago

TRON New Payment System To Bring TRX To Mainstream

The use of digital currency in payments for goods and services has hit various hurdles as was seen with LitePay closing as did FuzeX recently delaying the launch of their highly anticipated debit cards. Nevertheless, the team was forced to postpone the launch after seeing hardship with being issued a Bank Identifications number (BIN) by the appropriate authorities. LitePay saw some similar setbacks as the team couldn’t get a card service provider to join up with. The CEO of LitePay, Kenneth Asare told the Litecoin Foundation earlier in the year that he had stopped all operations and was going to be selling the company. However, now a new payment method has come to light called the Poppy system by TRON. according to BCFocus “Poppy is a new point-of-sale [POS] system developed on the TRON blockchain by Sesameseed, which is also among the network’s Super Representatives. The TRON blockchain reduces the transaction fees of traditional credit-based payment modes.” So how is Poppy different from the previous payment systems? As previously mentioned, Poppy is a point of sale system which is specifically designed for the TRON ecosystem in order to bring TRX payments into the real world and therefore mainstream. By utilising the Clover POS system, Poppy will be able to offer an agile, dynamic and integrated alternative for payment systems. Retailers and merchants will be able to update their current Clover hardware and be able to install the Poppy app if they wish to enter the crypto world. Clover provides several solutions for merchants such as a Mini Clover station, a handheld flux device and a full point of sale station. According to Ethereum World News, being developed on the TRON blockchain means that Poppy will be able to offer the speed and sturdiness of the network. In addition to this, by utilising TRX as a payment option the transactions fees will be massively reduced in comparison to the fiat credit-based payment methods. For those of you interested in Poppy, it’s worth noting that the addition of the TRON card is a credit-card style payment method which allows purchases and transactions at the point of sale point to be done through TRON tokens and TRX. What are your thoughts? Will be looking into Poppy? Let us know what you think down below in the comments below! googletag.cmd.push(function() { googletag.display('div-gpt-ad-1538128067916-0'); }); The post TRON New Payment System To Bring TRX To Mainstream appeared first on Crypto Daily™.

2 years ago

TRON Powered Poppy Payment System, To Bring TRX Adoption To the Mainstream

The use of cryptocurrencies in the payment of goods and services, has hit several set backs as was seen with Litepay closing shop as well as FuzeX recently postponing the launch of their highly anticipated debit cards. In the case of the latter, the team had to delay the launch for they were having difficulty being issued a BIN (Bank Identification Number) by the relevant authorities. LitePay also fell victim to similar hurdles as the team could not get a card service provider to partner with. Kenneth Asare, CEO of LitePay, informed the Litecoin Foundation back in March that he had ceased all operations and was selling the company. What is Poppy and How is it Different? Poppy is a Point of Sale system designed specifically for the Tron ecosystem to bring TRX payments into the real world. By leveraging the Clover POS system, Poppy will offer an agile, integrated and dynamic alternative to traditional payment systems. Merchants and retailers who wish to enter the crypto payment space, simply need to update their existing Clover hardware and instal the Poppy App. Clover provides multiple merchant solutions such as a full Point of Sale station, a Mini clover station, a hand held flex device and a tap-and-go payment solution. By developing on the Tron blockchain, Poppy will offer the speed and robustness of the network. Furthermore, by utilizing TRX as a payment option, transaction fees will be significantly reduced compared with traditional credit-based payment methods. Merchants and retailers will be able to accept cryptocurrency payments in the form of TRX and TRON tokens straight out of TRON wallets, TronCard, and integrating the popular social media payment system of Seedit. Additional TronCard The crypto community will also appreciated the addition of TronCard that is a credit-card style payment solution that allows purchases and transactions at the Point of Sale terminal using TRX and Tron tokens. The card will include additional security features such as a 3D barcode. Integration with Seedit Poppy will use the current momentum being experienced by Seedit, to bridge the gap between the Point of Sale terminal and social media. Vendors can use Seedit to provide discounts, complimentary items, gift cards and rewards on the Blockchain that can be viewed/redeemed at the POS. What do you think about the launch of Poppy? Will it accelerate TRX adoption as a payment option? Please let us know in the comment section below. [Image courtesy of medium.com/sesameseedorg] Disclaimer: This article is not meant to give financial advice. Any opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you. The post TRON Powered Poppy Payment System, To Bring TRX Adoption To the Mainstream appeared first on Ethereum World News.

2 years ago

Singapore Approves FuzeX Cryptocurrency Wallet as a Stored Value Facility

The cryptocurrency payment ecosystem FuzeX has announced that they recently met with the Monetary Authority of Singapore (MAS) in an effort to launch their product under the necessary legal guidelines, and after the meeting FuzeX was granted approval as a stored value facility (SVF) by the MAS, allowing them to launch the FuzeX products in Singapore. This is the first step in a much larger, global adoption goal laid out by the FuzeX team, who are now focused on bringing their product to the EU and UK markets. (JF)

2 years ago

FuzeX team is having great time @UDC2018 #crypto #cryptonew...

FuzeX team is having great time @UDC2018 #crypto #cryptonews #cryptocurrency #ICO #blockchain #FXT #ETH https://t.co/jeKsBEc9ul

2 years ago

FuzeX team has just arrived at Jeju island to attend #UDC_20...

FuzeX team has just arrived at Jeju island to attend #UDC_2018. There will be several scheduled meetings to make th… https://t.co/VGUFfmye2F

2 years ago

[CPDAX: FuzeX(FXT) Listing Promotion] #FXT is now tradable i...

[CPDAX: FuzeX(FXT) Listing Promotion] #FXT is now tradable in #CPDAX exchange! There are massive #airdrops and… https://t.co/yywWOcDUV6

2 years ago

FuzeX team will attend the #Upbit_Developer_Conference 2018 ...

FuzeX team will attend the #Upbit_Developer_Conference 2018 on the upcoming 13-14. We will have a meeting with seve… https://t.co/d4IW1uP3TW

2 years ago

Here's a full video of Alex introducing the FuzeX project at...

Here's a full video of Alex introducing the FuzeX project at #WBFLondon. In a simple word, 'FuzeX will create the… https://t.co/H8tm6XLXcg

2 years ago

FuzeX team is attending #WBFLondon during Sep.03-05 as a gol...

FuzeX team is attending #WBFLondon during Sep.03-05 as a gold sponsor💪 Alex, the head of international business dev… https://t.co/emQgvoNLc0

2 years ago

Today at Block Festa 2018, FuzeX has once again strengthened...

Today at Block Festa 2018, FuzeX has once again strengthened our partnership between https://t.co/DFCdjyYF4P. 💪 Ro… https://t.co/7Tr1Ou2xXE

2 years ago


News courtesy of berminal.com
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