Please note, this is a STATIC archive of website cointelegraph.com from 17 Oct 2021, cach3.com does not collect or store any user information, there is no "phishing" involved.
Press Release

Zug, Switzerland, January 3, 2018:  X8Currency is launching the world’s most stable cryptocurrency – the X8C Currency Token. The token will be distributed from Zug – Switzerland’s Crypto Valley – and the first stage of the distribution procedure commences on January 4th, 2018 with the TGE Pre-Sale. The X8C Currency Token acts as a hedge against market volatility by being physically entirely backed by a fully exchangeable basket of the top 8 fiat currencies and monetary gold lodged with leading Swiss financial institutions.

The crypto world is enjoying an extended bull market and everyone can make hay while the sun shines but what might happen if bull turns bear? The X8C Currency Token offers the solution with a currency token that is designed as a hedge against uncertainty. Due to the full exchangeability of the underpinning basket there is complete liquidity which permits mainstream crypto holders to jump across to the X8C Currency Token when markets are not behaving in a favourable manner for those holders and thereby establish a previously unknown state of stability.

The TGE that X8Currency is launching will distribute the parallel X8X Utility Token. The X8X Utility Token is a full licence to enter the X8C Currency Token environment and functions as a completely reusable key to the X8 gateway. The X8Currency project is the vision of Gregor Koželj and his close-knit team who have been working together for an extended period – 10 years in some cases – in the area of financial systems which mitigate chaos and, accordingly, reduce risk for end users. The X8C-X8X parallel system is the most sophisticated imagining of these principles and everything is entirely blockchain driven to full Swiss (FINMA) regulatory standards.

The crypto community has to be pragmatic but in a bull market everyone is a genius. There will be a market adjustment at some point in the future and nobody can guess when that day will come. However, having access to supply of X8X Utility Tokens will certainly take the pressure off as funds are able to find stable sanctuary until that adjustment plays out.

The Whitelist for the TGE Pre-Sale is open at www.x8currency.com and registration will lead customers to a KYC portal which functions 24/7. X8Currency operates an active Telegram channel at https://t.me/x8Project.

Contact: Philip Lawrence

Phone +44 755 450 2000

Phone +386 31 498 701

phil@x8currency.com

Zug, Switzerland

This is a paid press release. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Related News

Blockchain to Disrupt Music Industry and Make It Change Tune

António Madeira
2020-06-06T08:15:00+01:00

Platform releases project token to help supply renewable energy power to households and cryptocurrency miners

Sarah Jansen
2021-10-14T07:41:00+01:00

XBT Provider Bitcoin ETN Hits $100 Mln, Partners With Xapo

William Suberg
2017-06-15T14:54:00+01:00
15062

StormX Announces Integration of StormShop For Their Mobile Users

Felipe Erazo
2020-03-03T21:34:00+00:00

Bitfinex to Delist 87 Crypto Trading Pairs Aiming to Improve Liquidity

Felipe Erazo
2020-03-20T20:22:00+00:00

UFC announces regional partnerships with top crypto-only sportsbook

Brian Quarmby
2021-03-08T05:09:18+00:00

Follow us on Facebook