CryptoXpress is bridging the crypto world with everyday life through a best-in-class app powered by the Binance Broker Program. It was developed in the context of the Crypto market and DeFi, which has resulted in many of the decade’s most revolutionary applications. As more Blockchains are generated, each one has its benefits and drawbacks and provides some value to users. While most current Blockchain platforms have the most disruptive technologies, they are closed in design and cannot interact. Cross-chain Bridge appeared to be the solution to this issue.
What is Cryptoxpress
CryptoXpress (CX platform) is the intersection of traditional banking and the future of banking and transactions. It offers traditional banking products and services such as bank accounts, debit cards, payments, and transfers along with a full Cryptocurrency suite, a cutting-edge NFT marketplace, and much more. Through the app, anyone interested in investing in Crypto is no longer limited by the high learning curve thanks to the effective combination of an intuitive interface and a focussed beginner-friendly user journey, as well as industry-leading partners and a world-class team.
What is the project trying to achieve
Problems of existing platforms
Complicated to Use
Current platforms require investors to understand complex technical terminology. They also require the performance of complicated interactions to perform transactions which cause the reduction in potential investor participation.
Difficult Payment & Transfers
The lack of a direct bridge between cryptocurrency and fiat payment networks reduces the savings that investors are willing to hold in cryptocurrencies. The inability to make direct Crypto to fiat payments and transfers to other individuals or companies reduces the attractiveness of cryptocurrencies as a store of savings.
High Fee & Commissions
Existing platforms charge high fees and commissions which can be reduced through the streamlining of their platform’s operational inefficiencies and business models
Lack of Beginner-Friendly Guidance
New investor learning curves can be significantly reduced through the targeted focus on beginner investors within the platform’s investor experience and journey models
Lack of Shared Experience
Existing platforms lack social interactivity features, yet current studies indicate that investors are likely to increase their investments when working in groups due to the effects of socially supported decision-making
Cryptoxpress aspires to serve the intersection of Crypto and banking for millions of crypto users globally. The project’s goal is:
- The de-facto global cryptocurrency platform for beginners
- Most user-friendly and feature-rich cryptocurrency platform, replacing traditional banking products
- The market leader in cryptocurrency startup innovation and crowdfunding.
What is the unique selling point
Buy & Sell Cryptocurrencies
- Beginner-friendly, 3-click cryptocurrency purchase and sale interface for hundreds of Cryptocurrency pairs and ultimately derivative products.
- Pay Utility Bills & Make Payments
- Direct utility bill payments and invoice payments from cryptocurrency holdings. Transfer funds or Cryptocurrency to family and friends seamlessly using only a mobile number.
NFT Art & Media Marketplace / Retail & Travel
- Easy to use the marketplace to trade art and media from the industry’s hottest stars, using NFT technology. Book flights, accommodation, tours, rental cars, and much more directly from CryptoXpress.
- 0% Fees and commission on cryptocurrency buying and selling transactions.
Chat with Friends and Groups
- Chat with family and friends in Groups of unlimited numbers of members. This will enable the creation oÿ a social network within the platform and encourage increased investment and trading through on-platform user-to-user interactions and support.
Expert Advice & Support
- Receive expert advice and support at the click of a button
Crypto Xpress will be authorized to operate in 179 countries and will be able to accept domestic fiat deposits in the following 26 countries at launch.
Technology & Security
Binance Secure Exchange Infrastructure
- PHP Code Igniter Framework
- MYSQL Database
- Amazon AWS Load
- Balanced Platÿorm
- 1000 Transaction Per Second Per Instance
- Two Factor Authentication (2FA)
- KYC (Know Your Customer)
- AES Encryption Prevention
- Anti CSRF Token
- XSS Clean
- PHP End of Life Support
- Secure HTTP Headers
- Anti-Bypass Malicious FileUpload
- Debug Mode
- Google ReCaptcha
- Email ID Encryption
Binance Secure Trading Infrastructure
- Trusted Crypto Exchange
- Binance Wallet Support
- Ironclad Data Privacy
- Order Matching Engine
- Spot & Futures Trading: 600+ Spot Trading Pairs & 20+ Futures Trading Pairs
- Asset Custody System
- Trade Settlement System
Security Management and Auditing
- Information security auditing will be performed by Code Siren LLC, a company owned and operated by Eric Anderson, an adviser to the CryptoXpress project.
- Eric and his team are one of the most highly qualified, expert IT security teams in the sector and their cutting-edge security technologies and audits will help mitigate the risks of hacks and other potential security interruptions the platform may be exposed to.
Licencing & Compliance
CryptoXpress is registered in Estonia and has also obtained an Estonian Cryptocurrency license in March of 2021, which allows it to legally and compliantly perform the following activities:
- Issue Tokens (IEO/NFT offering);
- Offer Wallet services
- Offer Exchange services
- Offer OTC services
- Engage in an IEO
- Sell bitcoin via bank transfer and debit/credit card in 179 countries
- Trade with utility tokens
- Offer Cryptocurrency to Cryptocurrency, Cryptocurrency to Fiat, and fiat to cryptocurrency transaction services
- Run a utility token exchange
- Open Euro-denominated bank accounts to sell Bitcoin and other coins
- Open bank accounts Globally
- Operate Globally
- Issue debit cards
- Sell cryptocurrencies with debit & credit cards
XPRESS token is a utility token that runs on BEP-20 network and is compiled with the latest version of Solidity to avoid compiler bugs, along with a community audited contract. $XPRESS can be stored on and transferred to and from most major Cryptocurrency wallets, including Meta Mask wallet. It also will be used to provide discounts, rewards, and bonus functionality to investors.
- Token name: Cryptoxpress
- Ticker: XPRESS
- Blockchain: Binance Smart Chain
- Token Standard: BEP-20
- Token type: Utility
- Decimal: 18
- Smart contract: Updating
- Total Supply: 10,000,000 XPRESS
Coincu have recorded only one Vet.Finance IDO platform at the time of writing. If more information about other IDO platforms becomes available, Coincu will update more.
Oct. 22: Registration and KYC for new users OPENS — Already KYC’d users do not have to do the process again.
Oct. 29: Registration CLOSES. Users can’t register for the $XPRESS IDO anymore. For successfully registered participants, the 7-day snapshot following the Vent Tier System begins on this day.
Nov. 5: KYC closes. The 7-day snapshot ends.
Nov. 6: Tiers and allocations are decided for every user. Users with successful snapshots and KYC will connect their wallets to see the amount they can invest.
Early November (TBA): $XPRESS IDO begins.
- Supply:142,858 XPRESS
- Price: $1.4
- Total Raise: $200,000
- Payment currency: USDC.e
Token Release Schedule
- Angel Round: 4% at TGE, 4% Monthly Vesting
- Seed Round: 4% at TGE, 6% Monthly Vesting
- Post-Seed: 4% at TGE, 8% Monthly Vesting
- Pre-IDO: 4% at TGE, 10% Monthly Vesting
- IDO 1 Public Round: 25% at TGE, 25% Bi-Monthly Vesting
- IDOs/Exchange Listing: Maximun 15% at Each New IDO / Exchange Listing
- Liquidity Requirements: Only released when required for liquidity
- Marketing: 1 Montht locking, 2% Monthly Vesting
- Development & Operations: 1 Month Locking, 2%Monthly Vesting
- Advisory: 1 Month Locking, 5% Monthly Vesting after Locking
- Team Reserve: 6 Month Locking, 5% Monthly Vesting after Locking
- Foundation Reserve: 6 Month Locking, 6% Monthly Vesting after Locking
The total supply of XPRESS tokens will never exceed 10 Million tokens. Over the life of the project, CryptoXpress will repurchase XPRESS tokens from the public markets and burn them to maximize the token’s value throuĀh the reduction of its available supply. The company will continuously repurchase and burn XPRESS token supplies every month until 35% of all available tokens have been burned. This process is expected to continue until February of 2026 when only 65% of $XPRESS supply will remain.
Token Use Case
- Transaction fee: all transactions using XPRESS will be super cheap for everyone on the platform.
- Payment: CryptoXpress retail partnership initiative will promote retail payments through XPRESS tokens in exchange for various customer benefits.
How to own the token
They will have Community Airdrop (Follow their Twitter and join Discord Community for more information)
Furthermore, XPRESS can be stored on and transferred to and from most major cryptocurrency wallets, including Meta Mask, Trust Wallet, etc.
Market and Community
Consider each Blockchain to be a country. Each country will have different laws to ensure its security, and people must follow those laws. Almost every country has its currency standard, and it is challenging to use one country’s currency after another. Blockchain is similar in that each Blockchain has its own infrastructure and rules; however, to ensure security, Nodes must abide by the Blockchain rules when verifying transactions on the chain. Each Blockchain has its own set of tokens.
The above design has proven effective. Blockchain platforms such as Ethereum, Bitcoin, Solana, and others have strict security and enable users to verify their transactions on the chain thoroughly. However, the isolated nature of each Blockchain has limited Crypto’s growth opportunities and users’ ability to capitalize on them. And, Like countries require a means to trade, Blockchains require a tool to transfer value between themselves.
Therefore, the use of a Cross-chain bridge will aid in the resolution of the aforementioned issues.
Yogesh Panjabi (CEO)
Yogesh Panjabi has amassed a 20-year career spanning entrepreneurship, management, business planning, financial analysis, software engineering, operations, and decision analysis. Yogesh graduated from UCLA with an Engineering Bachelors and is a Global serial IT entrepreneur. He also holds a System Management Master, has substantial experience as a cryptocurrency analyst and investor.
Adarsh Singh (COO)
Adarsh has been an active cryptocurrency analyst, trader, and broker for Global high net worth individuals for seven years. He successfully launched and managed a crypto hedge fund in 2017 and has run some of the largest cryptocurrency trading chat Groups on the web.
Nilesh Patel (CGO)
Nilesh Patel has amassed over 15 years of experience within PKI/cryptography and authentication solution space. Extensively working within the Business Development and Sales functions for organizations to date. During his career, Nilesh has successfully helped organizations within remit through various successful private equity sales over the last 10yrs. Nilesh graduated from the University of Hertfordshire with a BSc in Computer Science.
Zeeshan Mohammed (CTO)
Zeeshan is a world-class Blockchain and Cryptocurrency developer and security analyst. He is the co-founder of several mobile app platforms and an expert in business development and launching strategies for startups. His capabilities span multiple technology stacks and are a force to reckon with in the mobile app and web development space.
Bringing a flexible payment and transfer platform to the market requires not only experienced resources but also time. Cryptoxpress has integrated exceptional features and can thoroughly handle current practical problems for the cryptocurrency industry in terms of practical solutions. As a result, in my opinion, this will be a promising project.
Find more information about the project:
- Website: https://cryptoxpress.com/com
- Telegram Ann: https://t.me/crypto_xpress
- Telegram Group: https://t.me/cryptoxpress_chat
- Twitter: https://twitter.com/crypto_xpress
- Instagram: https://www.instagram.com/crypto.xpress/?r=nametag
If you have any questions, suggestions, or ideas about the projects, please email [email protected]
DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.