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What is ColossusXT (COLX) coin and how does it work?

by Financial Economy

ColossusXT is an open-source, community-driven and decentralized Blockchain protocol whose main features are user privacy, transaction speed, and ease of participation. This protocol is home to features of the most well-known implied projects such as PIVX and DASH. Information about some topics that what is ColossusXT (COLX) coin, how it works, how to buy it, on which exchange, how much is it, etc. is in continuation of the article. You can browse here for information about Calamari Network (KMA) coin.

What is ColossusXT (COLX) coin and how does it work?

ColossusXT aims to ensure maximum decentralization. For this, it protects users’ private data from unauthorized organizations. The platform is a convenient way for users to transact online with maximum privacy and security. The protocol designed for this uses masternode technology. It also secures its network with a unique Proof-of-Stake consensus system. This PoS mechanism is called the 3.0 protocol in the network.

The number of closure-oriented cryptocurrencies in the market today is quite high. However, ColossusXT has a number of features that set it apart from the rest. This has mainly to do with the technologies implemented by ColossusXT. In the middle of these, the Proof-of-stake (PoS) 3.0 protocol, masternodes, SwiftTX, which allows fast and guaranteed zero verification processes, come to the fore.

COLX token features!

COLX is the native cryptocurrency of the ColossusXT platform. This cryptocurrency was created with the BEP-20 smart contract on BNB Chain. This cryptocurrency is a PoS-based privacy token. In other words, users can perform transactions anonymously with COLX. In addition, COLX also ensures that users are not tracked on the internet. Accordingly, it provides users with complete security and privacy. In addition, users can earn passive income by staking the token.

Which exchange is COLX coin on?

ColossusXT token is listed on some cryptocurrency exchanges such as StakeCube, etc.

How to buy COLX coins?

ColossusXT coin can be purchased from listed some cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

COLX token supply!

Total supply of ColossusXT token is COLX.

COLX token price!

As of November 9, 2022, at the time of the writing, 1 ColossusXT coin price is around $0,00017 (because of the volatility on crypto market the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

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