The name “Flexa” is an abbreviation of flexibility, according to the team. Flexa requires no additional hardware at the point of sale and optimizes for seamless payment and receipt for the consumer and merchant. It enables an entire ecosystem of applications to process feeless and instant digital payments for the users. Flex powers Gemini, SPEDN, BRD, Celo Wallet, CoinList etc. applications to allow storage, buying/selling and swapping of digital assets.
Get the latest cryptocurrency news directly in your inbox.
⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors. Cryptocurrency prices can be volatile and unpredictable, and may be influenced by various factors, including market manipulation, regulatory changes, and technological developments. Reddit is a popular platform where cryptocurrency communities often gather to discuss news, trends, and insights related to a particular coin. Analyzing Reddit stats can provide valuable insights into the community’s sentiment and engagement with a particular cryptocurrency. After the token’s launch on Jan 4, 2019, on the Ethereum platform, over 1,302 wallets have acquired FXC, with a recorded total of 55,819 successful token transactions to date. Since 2017, DigitalCoinPrice has become one of the trusted brands within the crypto community.
FXC Markets
- After all, traditional financial services are known to overcharge their customers and are highly inefficient.
- In a manner similar to the basic principles of the blockchain, completed transactions become final and immutable.
- The protocol provides mechanisms for payment confirmation and acceptance, as well as wide compatibility and easy integration with digital wallets and other payment systems.
- The payments completed through Flexa are guaranteed to be settled and don’t have charge-back problems.
Flexacoin is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. The Flexa project claims to be the “simplest and safest way” to allow retail usage of crypto-currencies today. This DeFi project has acquired its reputation and value by enabling different crypto-assets to be used for payments on its digital wallets. And these are done in an instant and highly-secure manner for users and merchants alike. Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice.
Versatile Integration With Payment Systems
Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Scores are based on common sense Formulas https://turbo-tax.org/ that we personally use to analyse crypto coins & tokens. We also gather additional information from different sources to ensure we cover all necessary data or events.
This success award goes to the combination of people, accurate crypto market analysis and data, the latest news, latest blogs, advertisement placements, and many more. This means that merchants can be certain that the payments can’t be reversed unlike in traditional banking. The world of Decentralized Finance (DeFi) is about disrupting the traditional financial system. And there is no better disruption than taking over the multi-billion dollar payment industry. After all, traditional financial services are known to overcharge their customers and are highly inefficient. View the total and circulating supply of Flexacoin, including details on how the supplies are calculated.
In terms of market cap, Flexacoin is currently ranked #3116 in the Ethereum (ERC20) Tokens sector. The price of FLEX Coin (FLEX) is calculated in real-time by aggregating the latest data across 1 exchanges and 1 markets, using a global volume-weighted average formula. The most popular exchange to buy and trade FLEX Coin is Uniswap V2 (Ethereum), where the most active trading pair FLEX/USDC has a trading volume of $1,665.90 in the last 24 hours. Wealth distribution is an important factor to consider when researching a cryptocurrency. It refers to the percentage of the total supply of the cryptocurrency held by the top wallet addresses. The protocol has mastered a way for cryptocurrencies to be utilized efficiently for acquiring / trading goods and services.
FXC is up 3.09% against Ethereum and down -4.66% against Bitcoin in the last 1 month.
Get latest crypto prices, predictions,news, and historical data for Bitcoin and thousands of altcoins. Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 845 flexacoin price exchanges. When Flexacoin was introduced in 2018, instant collateralization for digital asset transactions was a new and novel concept. In the years since, the decentralized finance landscape has evolved dramatically.
CoinCarp does not currently have price data for Flexacoin as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once Flexacoin is live on an exchange, CoinCarp will provide real-time Flexacoin (FXC) token prices from different exchanges. CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap.
With so few competitors in the blockchain payment processing field, there’s little doubt that Flexa will command a higher market-share in the future. The Flexa projects currently support a wide variety of stable, prominent cryptocurrencies. For instance, the stablecoins DAI, Gemini dollar, USD coin etc. are supported. Flexa complements the lending, borrowing, derivative, synthetics, liquidity mining and other DeFi processes by adding a much-needed payments component. The current total value locked for Flexa stands at $86.8M, which gives an idea about the popularity and impact of this powerful technology. Flexacoin is a blockchain based application, build for allowing users an easy way to spend cryptocurrency in stores instantly.
Meanwhile, new standards such as ERC777 and ERC1410 have enabled important new token functionality, all while maintaining complete backwards compatibility with ERC20. The protocol supports a wide variety of cryptocurrencies, tokens and stablecoins, which means that users can utilize their favorite assets. Merchants, on the other hand, can be assured that they will receive payments in non-volatile FIAT. Get a full overview of the Flexacoin price history with our historical price data page. Flexa Capacity is a dapp designed to allow any crypto asset to be spent from any wallet, with both custodial and non-custodial support. The system utilizes FXC as collateral to provide assurance for merchants to receive payments for purchases at all times.
You can copy FLEX’s contract address (0xfcf8eda095e37a41e002e266daad7efc1579bc0a) and import it manually, or if you’ve installed MetaMask’s chrome extension, add FLEX to MetaMask with one click on CoinGecko. Price chart from 1970 till today, also includes daily market cap history. Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies. The nascent distributed ledger technologies (DLTs) have been regarded as revolutionary, but have been often criticized as not having practical use cases and adoption. The payment processing and value transfer is one of the fields, which can greatly benefit from the usage of blockchain and cryptocurrencies. The payments completed through Flexa are guaranteed to be settled and don’t have charge-back problems.
Flexa is a digital collateral token that enables instant point-of-sale payments on the Flexa network. Among the prominent cryptocurrencies supported are BTC, BCH, ETH, EOS, DASH, ZEC, LTC etc. The users can utilize multiple digital wallets, leveraging Flexa technology to pay with ease and less hassle. The process is as simple as loading cryptocurrencies on wallets, executing tap and pay, with the Flexa back-end taking care of the rest. The protocol provides mechanisms for payment confirmation and acceptance, as well as wide compatibility and easy integration with digital wallets and other payment systems.