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Author Topic: [ANN] CoinoUSD - cryptocurrency tied to USD.  (Read 649 times)

Offline vindyne8

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[ANN] CoinoUSD - cryptocurrency tied to USD.
« about: February 18, 2015, 09:46:54 pm »




    We launched USD-tied asset on NXT Asset Exchange, which can also be traded at Poloniex.com for BTC
    Coinmarketcap listing: You are not allowed to view links. Register or Login

    NXT AE link: You are not allowed to view links. Register or Login

    Poloniex XUSD market: You are not allowed to view links. Register or Login






    What is CoinoUSD?

    CoinoUSD (ticker XUSD) is a cryptocurrency tied to USD. Deposit and withdrawal to/from CoinoUSD are carried out at Coinomat.com for a range of different e-currencies and cryptocurrencies. It can also be withdrawn to any VISA/MASTER card.

    How can I use CoinoUSD?

    - You can trade it against NXT on NXT AE
    - You can trade it against BTC at Poloniex.com
    - You can withdraw it at Coinomat.com to your bank card or bank account, or to several e-currencies and cryptocurrencies (PerfectMoney, Okpay, Bitcoin,Litecoin,NXT, peercoin).
    - You can buy it at Coinomat.com and deposit it to Poloniex, and then buy some BTC for example.
    Probably the most widespread usage would be withdrawing your BTC funds at Poloniex or NXT directly to your Visa/Master card.

    Who are you?

    We are an instant cryptocurrency exchange Coinomat.com, our asset Coinomat is traded at NXT AE and Poloniex (CNMT). Coinmarketcap.com listing: You are not allowed to view links. Register or Login

    How is this different from Bitshares BitUSD or NuBits?

    BitUSD is related to USD through so-called market peg, dynamical market procedure. On the contrary CoinoUSD exchange rate to USD is fixed at coinomat.com, we sell it with zero (or close to zero) margin and buy it back with a small margin of around 2%.



    Our ultimate goal is to provide USD transfer medium on blockchain, thus allowing fiat deposits to exchanges which don't have them, and the ability to transfer USD on blockchain in general. [/list]

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    [ANN] CoinoUSD - cryptocurrency tied to USD.
    « about: February 18, 2015, 09:46:54 pm »