Cryptocurrencies are known for their volatility, which is a big turnoff for most people who want to enter the crypto market. In such a case, there was an urgent need for a platform that acts as a crypto exchange, and has a resilient nature against volatile markets. Aurix exchange is a solution for such issues. It offers high security and liquidity, and facilitates the liquid crypto pair, which ensures instant trading actions. Aurix CEO, Majed Mohsen, recognized this factor, and as a result, the Aurix ecosystem was born in 2016.
What constitutes the Aurix Ecosystem?
Aurix ecosystem comprises:
- Aurix chain: Aurix chain is the backbone of the whole Aurix ecosystem, which powers the payment pillar. It supports its own trading services, along with other Decentralized Financial (DeFi) services and products. Aurix’s products are completely decentralized to increase resilience and transparency in the system, and include DeFi cashback.
- Aurix Token: Aurix Token (AUR) is a utility token that provides simple payment functionality. It also offers fantastic additional benefits for users on the Aurix Exchange platform. For example, reduced transaction fees or cashback. However, it should be noted that you don’t necessarily need to have Aurix tokens to transact on the platform. Apart from this, Aurix Token will have its own blockchain in the future.
- Aurix Exchange: Aurix Exchange is a platform where users can buy, sell, or hold various digital assets, including AUR. It promises to provide the fastest transactions with the highest liquidity. The platform has the most secure services with very minimal or zero transaction fees at no hidden fees.
- Aurix Plugins: Aurix Plugin is one of the most crucial entities of the Aurix ecosystem. It is a simple and efficient solution for merchants that are eager to explore crypto for eCommerce and businesses, and start accepting payment. It will help them expand their audience in a better way.
- Aurix MasterCard: Aurix MasterCard allows cardholders to make transactions with crypto, anywhere and anytime, in a few taps. The card has no annual fees and offers various cashback winning opportunities.
Aurix Ecosystem’s position in the crypto world
Aurix CEO, Majed Mohsen, says in a statement that the Aurix system can become a leading crypto exchange service, which is agreeable. The system is based on Blockchain, which keeps transactions highly secure and autonomous.
The crypto transactions are very convenient because of the simplicity of the system, with an attractive yet responsive interface. Aurix chain is well designed to facilitate fast transaction speed, which further reduces chances of hacking. The fast speed of transacting cryptocurrencies is ahead of other platforms in the market. If the system is fast and autonomous, there would be lesser attacks, which further adds more security to the system.
There is a verification process whereby Aurix verifies the overall security, which is insanely instant during transactions. This also contributes to making the platform much faster, and therefore, much secure than existing ones in the market.
Aurix holds an extremely important position in the crypto world because of its secure transfers at minimal or zero fees. Aurix CEO, Majed Mohsen, could direct the right amount of effort to Aurix and eventually achieved the results he wanted from Aurix, having a significant place in the crypto world. Aurix ecosystem is a balanced and perfect solution package for all the crypto users, by providing the highest liquidity and fastest transactions.
Aurix will soon become a world-class crypto exchanger for buying, selling, and holding cryptocurrencies.In the end everything comes down to efficiency. It doesn’t matter what you think, say or believe, efficiency of converting work into stuff is the core of economics and if a way is found to boost efficiency, then that method will eventually take over with the early adopters ascendant.