Listing Goes Live on Wednesday, 28 April 2021 with USDT & BTC market pairs
28/04/2021 — ColossusXT announces the listing of their coin $COLX with $USDT and $BTC Trading Pairs on STEX. STEX is both EU Crypto Trading Compliant and Registered as an MSB (US) — offering trading of $COLX to both EU and US citizens.
ColossusXT is pleased to announce the listing of $COLX on STEX, the global cryptocurrency exchange. For the first time, $COLX will now be open for trading with US Citizens in a new chapter for the business thanks to the STEX crypto trade compliancies in the US and EU markets. $COLX will also be available in it’s highest volume on STEX, maximising trade potential for familiar and new faces to the coin. STEX will be celebrating this launch with an upcoming trading competition to promote the $COLX and user’s can sign up here: https://app.stex.com?ref=COLXStex.
ColossusXT has been run on a joint community effort of volunteers since 2017, and in this time, has been granted US Federal and State Agency contract bidding as well as now being considered for Best Tech StartUps 2021 (Powered by Crunchbase) in its founding US state. The token has a masternode governance of 200+ masternodes, (which enables operation on it’s own main net with self treasury), masternodes can be run by any end user and as a result there is a growing subset of the ColossusXT community who are deploying them, and in turn this brings further benefits to the ColossusXT Grid — such as instant transactions.
ColossusXT is now exploring new ways to raise funds for further development, such as applying for the National Science Foundation grant for distributed ledger in edge computing, as with Colossus Grid, the company is looking to build a privacy focused, decentralised cloud computing solution. Users can start trading, but also contribute to the development of ColossusXT directly, by using this link: https://app.stex.com?ref=COLXStex
$COLX is built on PIVX, derived from the popular DASH cryptocurrency. The blockchain was designed from the outset to be a privacy focused coin for the everyday user, to facilitate both C2C and B2C transactions of low to medium payment sizes.
$COLX has a large supply — enabling functionality such as lower than 1:1 split with major fiat currencies which allows for determination of prices without juggling decimal places. Now ColossusXT is putting its focus on building a bridge to bring $COLX to Binance Smart Chain and Ethereum to bring further liquidity and use cases for the coin.
ColossusXT (ticker: COLX) is a community-orientated, energy efficient coin with a strong focus on decentralization, privacy, and real-world implementation. It utilizes an energy efficient Proof of Stake 3.0 protocol and a second-tier Masternode network for inclusive community-based governance along with a blockchain based self-funding treasury system ensuring its sustainability. In order to reach this level of usability, COLX is continually evolving.
The goal of COLX is to be an advanced digital currency that is fast, secure, decentralized, private, and connects all of its users for a greater purpose as part of the Colossus Grid. Colossus Grid is an ambitious project that aims to reward individuals for voluntary grid contributions.
With this, ColossusXT seeks to compete in the global market for distributed computing power and decentralized storage all while riding on the backbone of a world class privacy blockchain.
ColossusXT LLC is a registered business in Wyoming, USA.
Established in 2018, STEX is a powerful cryptocurrency exchange that makes it easy to buy, sell and invest digital currencies from one fast, and convenient platform at low competitive rates. Users can choose from more than 400+ trading pairs, purchase crypto with credit or bank cards, and exchange fiat to crypto or crypto to fiat with a few swipes on their mobile device. Founded in Estonia, STEX meets all EU regulations for cryptocurrency exchanges.