Pundi X

About Pundi X

Pundi X is a Singapore-based blockchain technology company that offers a variety of blockchain-based solutions.

About $PUNDIX token

$PUNDIX is the native cryptocurrency token of the Pundi X network, which is used as a medium of exchange for transactions on the Pundi X platform and as a means of rewarding users for participating in the network. It is an ERC-20 token on the Ethereum blockchain.

How to buy $PUNDIX with a payment card

1. Enter the amount of $PUNDIX and fiat currency that you wish to purchase.

2. Verify your phone and email.

3. Enter or create $PUNDIX wallet

You are given the option to enter your $PUNDIX wallet address or create one using the Swipelux widget.

4. Pass KYC flow

This verification process helps protect you from fraud and other malicious activities.

5. You're now ready to buy $PUNDIX with a credit and debit card.

$PUNDIX analytics

Market Position and Adoption: As of March 2023, Pundi X (New) (PUNDIX) ranks at #199 among cryptocurrencies by market capitalization, with a market cap of $122,186,994. The token is on 40,824 watchlists and has a fully diluted market cap of $122,314,675. In terms of trading volume, PUNDIX has a 24-hour trading volume of $5,175,311, with a 24-hour price change of 4.77%. The circulating supply of PUNDIX tokens is 258,491,637 out of a total supply of 258,526,640.

Pundi X has been adopted by a number of merchants and retailers in various industries such as hospitality, tourism, and transportation, to name a few. The Pundi X payment system allows merchants to accept cryptocurrencies as payment through a point-of-sale device. The Pundi X payment network has also partnered with various payment providers and mobile wallets to expand its reach globally.

Technology and Platform: Pundi X operates on a blockchain-based point-of-sale (POS) system that enables merchants and consumers to transact using cryptocurrencies. The Pundi X POS device is a handheld device that is designed to make transactions faster and more secure. The device is user-friendly and supports various cryptocurrencies, including Bitcoin, Ethereum, and Pundi X. Additionally, Pundi X has developed its own blockchain network called the Function X (FX) blockchain, which aims to create a decentralized internet ecosystem.

Team: The Pundi X team consists of experienced professionals from various fields, including technology, finance, and marketing. The team is led by Zac Cheah, who is the CEO and co-founder of Pundi X. Cheah has over 15 years of experience in the tech industry and has worked for companies such as Groupon and Ensogo. Other notable members of the team include Pitt Huang, the CTO and co-founder, who has over 20 years of experience in technology, and Constantin Papadimitriou, the President, who has a wealth of experience in payments and financial services.

Competition: Pundi X faces competition from other blockchain-based payment solutions such as BitPay, Coinbase Commerce, and Cryptopay. However, Pundi X differentiates itself from its competitors by providing a user-friendly, secure, and efficient payment system that supports multiple cryptocurrencies. Additionally, Pundi X's Function X (FX) blockchain network offers a decentralized solution for various industries, which further sets it apart from other payment solutions.

Supply: The total supply of PUNDIX tokens is 258,491,637, with a circulating supply of the same amount. The maximum supply is also 258,526,640. The token's price is subject to market forces and has fluctuated over time. The PUNDIX token is an ERC-20 token on the Ethereum blockchain, which ensures compatibility with other Ethereum-based tokens and wallets.

$PUNDIX risks

1. Regulatory risk: Cryptocurrencies and blockchain technology are still largely unregulated in many parts of the world, which leaves them vulnerable to sudden regulatory changes. Any changes in regulations that affect the use or trading of cryptocurrencies could negatively impact Pundi X and the value of its PUNDIX token.

2. Market risk: As with any investment, there is always the risk of market volatility. The price of PUNDIX token may fluctuate due to market conditions, including changes in supply and demand, investor sentiment, and global economic factors.

3. Adoption risk: Pundi X's success is largely dependent on its ability to gain widespread adoption among merchants and consumers. If the adoption rate is slower than anticipated, it could negatively impact the demand for PUNDIX token and its value.

4. Competition risk: Pundi X operates in a competitive space, with several other blockchain-based payment solutions vying for market share. The success of Pundi X may depend on its ability to outperform its competitors in terms of user experience, security, and functionality.

5. Technology risk: Pundi X's success is dependent on its technology being secure, reliable, and scalable. Any technical issues, such as security breaches or system failures, could negatively impact the company's reputation and the value of PUNDIX token.

Potential market development triggers

Increased merchant adoption: As more merchants and businesses adopt Pundi X's payment system, the demand for PUNDIX token could increase. This could be driven by strategic partnerships with retailers, service providers, and other businesses, as well as marketing campaigns that target specific industries or geographic regions.

Expansion into new markets: Pundi X could increase its market share by expanding into new regions or countries where there is high demand for blockchain-based payment solutions. This could be facilitated by partnerships with local businesses, government agencies, or payment processors.

Enhanced functionality: Pundi X could improve its payment system by adding new features or capabilities that make it more attractive to merchants and consumers. For example, the company could integrate with popular e-commerce platforms, offer loyalty programs, or provide additional security measures.

Regulatory clarity: As regulatory frameworks around cryptocurrencies and blockchain technology become more clear, it could help to reduce uncertainty and increase adoption. Pundi X could benefit from a more supportive regulatory environment that encourages the use of blockchain-based payment solutions.

Increased investor interest: As more investors become aware of Pundi X and its payment system, it could drive demand for PUNDIX token. This could be driven by positive media coverage, successful fundraising rounds, or strategic partnerships with other blockchain projects or companies.