• PIVX (PIVX) Price

    What is PIVX?

    PIVX is an open-source cryptocurrency that uses blockchain technology and focuses on privacy. Launched in 2016, the main aim of PIVX is to achieve a decentralised cryptocurrency that enables instant private transactions. PIVX utilizes Proof of Stake protocol and allows owners to earn block rewards as well as secure the network. It was forked from Dash cryptocurrency and was originally called Darknet (DNET).

    Features of PIVX

    PIVX uses a Zerocoin protocol provides privacy by converting publicly viewable PIV into anonymous PIV. The Zerocoin implementation is called zPIV. Moreover, PIVX uses SwiftTX technology by which users can confirm and spend transactions within seconds without the need to wait for multiple confirmations.

    Private transactions: All the transactions with PIVX are private and untraceable.

    Low Fees: PIVX comes with block rewards and a self funded governance model. Hence, it does not require transaction fees which effectively reduces the total PIVX coins supply.

    Instant Transactions: PIVX can be used for PoS (point-of-sale) situations thanks to the SwiftTX technology which confirms and sends a payment in less than a second securely.

    Decentralised: It is completely decentralised does not have a single point of failure. PIVX is not governed by any authority.

    Where to buy PIVX

    The PIVX tokens are listed on stock exchanges like Bittrex, Binance, Upbit, Cryptopia, Coinroom, YoBit, Livecoin. The market capitalisation of PIVX at the time of writing this article was $334,113,997.  

    PIVX Mining

    PIVX tokens cannot be mined as they are already pre-mined.

    PIVX Wallets

    PIVX has its own desktop wallet for Linux, Windows, Mac and Android. The price of 1 PIVX token at the time of writing this article was $5.95. The total PIVX coin supply is over 55 million.

    Price Trends

    DateOpenHighLowCloseVolumeMarket Cap
    5/30/20183.994.33.773.832247310004329010
    5/29/20183.63.993.493.972026020002809650
    5/28/20183.793.843.513.62133570003592560
    5/27/20183.793.853.73.782137180001180280
    5/26/20183.793.943.753.782132870001267940
    5/25/20183.843.923.713.82163390002688910
    5/24/20183.713.923.523.832086510002338360
    View MoreLess

    Risks involved with investing in PIVX

    Cryptocurrencies are volatile in nature and it is hence risky to invest in them. They are also subject to regulations and policies. Hence, investing in mutual funds is a better option as it is more reliable and secure.

    Disclaimer:

    "The Reserve Bank of India (RBI) and Ministry of Finance has frequently cautioned the users, holders and traders of virtual currencies regarding the potential economic, financial, operational, legal, customer protection and security related risks associated in dealing with virtual currencies. RBI also further clarified that it has not given any licence/authorisation to any entity/company to operate schemes or deals related to Bitcoin or any virtual currency. RBI has also barred its regulated entities from dealing or providing services to any individual or business entities dealing with cryptocurrency. The Ministry of Finance has also officially stated that virtual currencies are not legal tender or coin.

    A&A Dukaan Financial Service Private Limited (“BankBazaar”) does not endorse investing or dealing in virtual currencies in any manner. The information provided on our website is solely for illustrative purposes and should not constitute investment advice or assistance in investing or dealing with crypto currencies. If you decide to invest or deal in cryptocurrencies, you should be aware that you will be dealing with the respective individuals or business entities dealing in cryptocurrency and BankBazaar has no role in any manner in such transactions or dealings. We strongly advise our visitors to invest in legally recognised financial instruments rather than risking their capital on virtual currencies which are unregulated instruments."

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