Hello Minexcoiners,
On January 3, 2019, a few days after New Year, Minexsystems finally announced a very good news to everyone. " The first batch of Minexpay cards are finally shipped globally". Soon Minexpay cardholders can use it globally to pay with crypto for goods and services and of course to cash out crypto anytime, anywhere in the world.
Minexpay cards comes in 4 different card types: Standard, Gold, Platinum and Infinite. Infinite is limited to 1000 cards. The best features of these cards are: fast payments (3 seconds), you can save money (from 0% withdrawal fee), easy to use ( anytime, anywhere), and it support multiple currencies (fiat and cryptos are accepted). For more cards details, you can visit: Minexpay.
Minexcoin Parking rates
If you have read the Whitepaper, it says parking rates will go down over time. And starting December 15, 2018, parking rates have significantly changed. From yearly 70% to 45%. To elaborate further, parking rates are now as shown on the table below.
Parking rate table effective December 15, 2018
Minexbank, was created and during launch have 1,500,000 MNX pre-mined coins. At the release of release of the latest Minexbank memorandum, it says that 2/3 of which was used. And the volume of MNX parkers have increased significantly from 57,439 MNX on the first day of the bank's operation to 2,128,699 MNX as of December 5, 2018 (when the Minexbank memorandum was released).
What's next?
Minexsystems has estimated 30,000 card users, by the end of Q2 2019. With that, 1000 MNX multiply by 30,000 users, that will be 3,000,000 MNX are estimated to be held at minimum balance. This together with expected usage of Minexpay cards globally will in turn affect the MNX price positively. To order Minexpay card, you can visit at Minexpay website.
About Minexcoin (MNX)
A low volatility cryptocurrency that brings sweeping changes to current payment systems. We connected the financial and blockchain worlds to create a unique solution to solve critical crypto-challenges.
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