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USDX WALLET — Instant transfers without banks, borders or fees
Transfer stable crypto on the go. Quickly, securely, and without fees.
USDX Wallet is a highly secured blockchain wallet featuring USDX stablecoin. Pegged to the U.S. Dollar at a 1:1 ratio, USDX is useful as a means of payment, exchange and savings.
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@new_user_139aff7ed2 So the 1:1 peg is not with USD but with your own cryptocurrency that is partially centralized LHT? How is this a better solution than just doing what TETHER does but with being a transparent audit. Plain and simple - how can I trust you?
Convenience is not an issue in crypto (it is not mainstream yet, only those who are enthusiasts and they don't care about convenience). Trust, reliability sure is!
So, anyone who is in crypto space wouldn't care two hoots about mobile app, easy. Just simple how USDX = 1 USD? Something people can verify, is on public record.
@gurlivleeng We can afford only transparency that is not affected by the personal data of users. https://explorer.usdx.cash/
The main goal is to solve the problem of users: expensive, slow, not convenient money transfers. The debate about which stable coin is the most stable, which solution is the most decentralized will always go on. We want to give people the opportunity to make transfers quickly, conveniently and without commission
@gurlivleeng Check out the monetary policy section in white paper. In it, we talk about how to ensure stability. https://drive.google.com/file/d/...
On the site you can find a comparison with the Stableсoins line https://usdx.cash/
@new_user_139aff7ed2 @gurlivleeng i think you heard the latest news that tether is not fully 100% backed by fiat usd. i think more usdt gets minted after sucessfull deal with tron.
@new_user_139aff7ed2 I had gone through the website before. My point is your early adopters are common people doing small transactions - who find it hard to trust any new token or enterprises, banks? For the latter convenience doesn't matter, "free" doesn't matter, but for all, trust matters - which I can't see coming from the backing of LHT, a new token. Yes Dai is complicated and hard to use but being ETH backed, decentralized, is it better now?
One solves today's problems and not just envision a world how it could be in 10 years.
Take commission because others charge so much more, beat them on speed but most importantly gain trust like the banks. Get people who have the pain (enterprise) use it - establish trust by proxy perhaps. People liked crypto because it just seemed to go up and up, but only a minority have bought in the vision of the technology, so I wouldn't expect a consumer demand for this.
The white paper has precious little detail on why being backed by 200% LHT is good enough? You might not be the supposed con-men colluding behind Tether but their distrust affects you too.
@n_lynx, Here's my detailed review on !USDX Wallet:
Pros in details:
• Interface: Rather than the boring always-white interface, USDX wallet has colorful UI.
• Wallet Username: Unlike regular, traditional lengthy and complicated wallet addresses, USDX has a feature to set a username—easy to remember.
• Easy Buy: USDX wallet has partnered with Coingate, allowing buying USDX & LHT with BTC and tons of other Altcoins.
• Quick Send: The wallet app syncs with the phones’ contacts, and it makes easy to do transfer with the phone number or just names!
• Fee-free transactions: Transactions between USDX accounts are fee-free. Awesome.
• Speed: With the combined speed of Visa and MasterCard, transactions on USDX are fast as light.
• LHT & USDX Combo: The swapping between LHT & USDX is instant and with 0 fees within the app. Moreover, as LHT coin is built in a sense that the price of LHT goes up when the bear market prevails, USDX being a stable coin, users can swap between LHT & USDX within the app to get higher ROI.
• Bio-metric Login Support: Not most of the wallets support bio-metric support, but USDX. USDX wallet utilizes the phones’ bio-metric security to login and verifies the transactions.
• Bot Support: The 24/7 USDX Assistant Bot is always there to guide and help.
Cons in details:
• UI: Doesn’t adapt to the “full-screen app” settings on Galaxy Note series, leaving a white bar down at the bottom.
• Profile: Since we already set with friendly usernames, setting up a profile with desired profile picture and details should also be allowed. Setting up a profile can be made optional so that users can maintain anonymity if they wish.
• Multiplatform Availability: The wallet lacks a web app and a desktop app, which most of the wallet apps these days don’t ignore.
• Facebook & e-mail Support: The support via Facebook and e-mail seems to be little off, takes an hour to a day to respond!
USDX wallet, undoubtedly, is one of the rising wallet apps with better working stablecoin principle. However, to lure users into adopting and hodl the USDX coin for better, USDX wallet could reinvent a rewarding system. The rewarding system could be something like reward USDX or LHT stakes within the app for HODLing, and later those stakes can be withdrawn via wire transfer, cryptos, or can be added as USDX or LHT balance.
@traveler Mahesh, we can't pass by your USDX Wallet review. It's so clear, detailed and thoughtful! So we want to grant you 50 USDX. To receive it please send your account name in the USDX Wallet app to support@usdx.cash. Thanks!
Hunter
As our CEO @andrey_peshkov says:
"Limits set by today's financial institutions are embarrassing. We want to rethink money and make payments as easy as messaging. I'm sure that now is the right time."
If you want to test USDX Wallet in full, you can send me your account name via the PH chat, and I'll send you an experimental transaction.
Hey, and welcome to the USDX Wallet page! Our team will be happy to answer your questions here 🙋
At the moment we are especially interested in collaborations with crypto exchanges, so feel free to contact us regarding the listing 📜.
@genji_takiya1 It's an important question. Now we’re 100% focusing on listing on exchanges. The process involves us all - developers, finance pros and marketing team. We are currently negotiating with several exchanges and It can take some time because of the technical requirements of the exchanges. Once we’re listed on exchanges, we’ll announce it in our official social media and let you know here.
USDX wallet, undoubtedly, is one of the rising wallet apps with better working stablecoin principle. However, to lure users into adopting and hodl the USDX coin for better, USDX wallet could reinvent a rewarding system. The rewarding system could be something like reward USDX or LHT stakes within the app for HODLing, and later those stakes can be withdrawn via wire transfer, cryptos, or can be added as USDX or LHT balance. Detailed review in the comments, please check!
Pros:+ Colorful Interface, + Easy Buy, + Quick Send, + Fee-Free, + LHT & USDX Combo, + Bio-metric Login, + 24/7 Bot Support
Cons:- Bug in UI, - No User Profile, - No Multiplatform availability, - Slow social media and email support
I've been using the Android app and it's okay. It's based on Blockchain/Cryptocurrency but the app makes it feel like it's based on traditional point system. It's like point is being transferred. Should provide txid after transaction.
Pros:* Username instead of lenghthy crypto address. * Stablecoin. * Default sim based 2FA.
Cons:* No web client. * UI can be optimized for faster and smoother navigation.
@hmlchy thank you so much for your feedback! 👍 We hope that stablecoin, supported by a handy mobile app will help USDX Wallet to thrive! We are not making a web app, as we are focusing now on mobile users. We'll consider your suggestion about adding TX id after transaction, thanks.
Can you please explain this statement more detailed: "app makes it feel like it's based on traditional point system". How is the Blockchain/Cryptocurrency app different from the point based app?
Top class security, Both lht and usdx stablecoin is supported in usdx wallet
Pros:Brilliant app, elegant ui, Lightning fast transactions
Cons:No cons
Hunter
Thank you so much for your support. We truly appreciate it. Please let us know how we can be of help to you!
@johnson_lee Thanks, Johnson! We are working hard to deliver fee-free crypto transfers to masses! 🤑
Im with usdx almost from starting joined many new projects before but no one is promising , strong and best like usdx i see a great future ahead for usdx and Thax to team who always ready to answer our questions.
is 100% fantastic
Pros:I likes USDX Wallet because transactions not takes any fees and have great transfer speed
Cons:need update to makes lighter then the older
@kensavage Ken, thanks for your question! Like Venmo, USDX Wallet is a mobile-based solution, that allows to easily send and receive funds via a mobile app. Yet, compared to Venmo, USDX Wallet work with cryptocurrencies, so users don’t need to link their bank account, debit or credit card. Also, USDX Wallet has zero transactional fees for individual users, while Venmo applies 3% fee to credit cards.
Hunter
Thanks, @gazi_b_koci! We are really obsessed about the security and have protected the wallet (and users' funds) in multiple ways.
The primary defense is asymmetric cryptography. User's private key is encrypted and stored safely; only user can decrypt it and perform transactions. The use of distributed ledger technology ensures that all transactions are irreversible. Moreover, users' accounts are linked to their mobile phone numbers, preventing unauthorized access and enabling two-step authentication. Every transaction must be confirmed with a code from a push notification or SMS. Lastly, the app auto-locks after several minutes of inactivity and requires a PIN code, fingerprint or face scanning to unlock.
This project is a solution to an urgent problem for the crypto community - an insufficient number of low-volatility means of payment. The team has extensive experience in the IT field. These guys know exactly what they're doing and where they're going.
Pros:+ The wallet app is systematically updated - usability, privacy and security are improved + No fees + Almost instant transactions
Cons:- No web client
Hunter
@dradinradin Hi! Thank you for your support and question!
Now we are in the process of technical integration with several exchanges. When it happens, we will be listed with LHT coin (a collateral for USDX stablecoin). So you can exchange your USDX tokens to LHT right in USDX Wallet app, and sell LHT as soon as the listing will happen. After the market price for LHT will stabilize, we may issue USDX tokens (stablecoins) to exchanges, too.
Dear USDX Wallet community!
We have decided to give you a chance to win USDX Wallet's crypto. First #giveaway has already been announced*, now the second #giveaway is starting on Product Hunt 😺.
🔶 To participate write a thoughtful review on USDX Wallet on this page.
🔶 What do you like about the app? What could be better?
🎁 We will select the top 3 comments till 24th of April. The best commentators will get 50 USDX each.
Let’s get USDX Wallet #tothemoon together! 🚀
_______________________________
* read more about the first giveaway in this post - https://medium.com/usdxwallet/wi...)
As a user of this wallet for almost 3 months I highly recommend this because a its seamless and secure way to pay with instant, free transactions. User data are encrypted and stored securely; all transactions are verified with two-factor authentication; the app is protected with a passcode to ensure that every transaction have your permission. Volatility brought under control with USDX – a stable cryptocurrency pegged the much-used US dollar at a 1:1 ratio. USDX Wallet blockchain can process 100,000 transactions per second, which is the speed of Visa and MasterCard combined
Pros:Multi-level security, secured and instant transactions, a stable currency, and 100% no fees. Highly Recommended
Cons:Maybe a daily rewards, stakes/rewards for USDX/ LHT holders
@laser_monzon Laser, thank you for this review about USDX Wallet! You are chosen as the winner of our Product Hunt contest. Please send your account name into the USDX Wallet app to support@usdx.cash to receive your 50 USDX!
This was one of the best airdrops I was attending. This wallet is very fast and the interesting thing is that it does this without any cost. I bought a lot of tokens because of a certain pr . One of the most entertaining news is to start cooperating with Paypal, which is excellent. I want to thank all managers and staff in this project here, thanks. I hope that it will be better every day and we will see more new features with more currencies.
Takle