Chainx (PCX) is a native utility token for the Chainx network. It was released in 2017.
Chainx focuses on creating bridges between different blockchains, allowing users to interact with assets and data across multiple blockchain ecosystems.
ChainX is designed to support multiple blockchain networks, allowing users to transfer and interact with assets from a variety of blockchains. It employs a Proof-of-Stake (POS) consensus mechanism, which allows PCX token holders to participate in staking, secure networks and earn rewards.
PCX token (PCX)
PCX tokens are used to staking and participating in the CHAINX POS consensus mechanism. Stakers can earn rewards to protect their network.
PCX tokens can be used to pay transaction fees when performing activities on the Chainx network, such as asset transfers.
Disclaimer. This article is for informational purposes only and should not be considered as approval by Koinidor. They do not recommend buying and selling cryptocurrencies. Readers should do research before investing in funds.
