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Pundi X (NPXS) is an ERC-20 project that attempts to catalyze cryptocurrency mass adoption. Pundi X offers three products for this purpose: The Pundi XPOS, which is made up of software and hardware from point-of-sale (PoS) products that dealers can use to accept cryptocurrency, is the XPass card for consumers to purchase goods and services with their cryptocurrency, and XWallet is used for custody and peer-to-peer exchange.
You can buy a Pundi X Token from several different exchanges but select the one from the most trusted firm. There are advantages and drawbacks to each trade, so read them each and decide what’s the best for you!
BuyUcoin is an exchange that provides buying and selling Pundi X Token in India as well as other cryptocurrencies. Below is a step by step guide to buying Pundi X Token via BuyUcoin:
Step 1 — Open a Digital Wallet
A digital wallet houses your cryptocurrencies and uses blockchain technology to communicate with other citizens. It is important to make in-depth research before you decide what one is best for you, however, there are several providers of digital wallets. Today, BuyUcoin’s the leading digital wallet provider.
Step 2 — Register & Open an Account
When you enter the BuyUcoin/Signup account, register and open a service account. Choose your person or company form of account. Choose your country and adhere to the terms and conditions of your crypto-trading account.
Step 3-KYC
For the Indian jurisdiction, KYC and AML are compulsory. Your data are secure and encrypted and stored only in Indian data centers. To complete your KYC, you are redirected to another URL. With your last selfie, please be ready. Pictures of your pan card will be required. The mobile number connected to your Adhar is important.
Step 4-Google 2 step Verification
To use 2FA, the Authenticator app must be enabled on your smartphone or tablet. If enabled, any time you log in to your BuyUcoin account, you will be asked to include a 6- digit one-time password with your email and password. This only functions when an email and password are entered.
Step 5-Add Bank details
Add your name credentials, the account name of the holder and the IFSC code information.
At the time of writing, the PundiX price in India is $1.46 USD, with a 24-hour trading volume of $43,086,253 USD. On our website, we update our PUNDIX to INR rates in real time. The market capitalization of Pundi X is $378,456,136 USD. There are 258,491,637 PUNDIX coins in circulation, with a maximum supply of 258,526,640 PUNDIX coins.
Pundi X is aimed at retailers who want to integrate cryptocurrency into their point-of-sale systems, as well as consumers in underbanked areas who want to use cryptocurrencies to buy goods and services, save money, and transfer money to friends and family without going through banks.
Yes, you can buy Pundi X Token using regular money like PUNDIX-INR in India using BuyUcoin crypto exchange as this platform uses fiat currencies for trading any cryptocurrencies. The Pundi X platform is aimed at dealers interested to accept cryptocurrency for goods and services and consumers in less well-established parts of the world who might like to make a legal offer and a store of value using cryptocurrency.
XWallet is the mobile application of Pundi X that allows a user to purchase, sell, store, and manage cryptocurrencies. In addition, XWallet can also be used to pay for local stores with XPOS devices directly.
The XWallet comes with an XPASS virtual card, but can also be combined with XPASS physical cards. These cards can be added by XWallet or an XPOS terminal and can also be used to shop in retail and restaurant locations. The Pundi XWallet may also be used by users to buy fiat cryptocurrencies and to exchange peer to peer.
By using the BuyUcoin exchange Pundi X Token can be easily traded without any complications as it is very user-friendly. With a single tap, Pundi X Token or other cryptocurrencies can be bought or sold.
The Pundi X platform is intended for merchants who want to accept bitcoin in exchange for goods and services, as well as consumers in less-developed parts of the world who want to make a legal offer and use cryptocurrency as a store of value.
The team at Pundi X, therefore, chose to make it less complicated for users to buy and exchange a cryptocurrency, by providing an easier-to-use wallet and payment card, XWallet and XPass respectively. Pundi X is trying to make cryptocurrency more relevant by supplying PoS software and hardware (XPOS) that allows traders to incorporate encryption into its PoS terminals to accept cryptocurrency for its goods and services.
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How to buy Pundi X in India — Step by Step Guide for beginners was originally published in BuyUcoin Talks on Medium, where people are continuing the conversation by highlighting and responding to this story.