Coinzix
The first cryptocurrency exchange with an integrated ATM network
COINZIX is the first cryptocurrency exchange with an integrated ATM network, offering a variety of financial products, including a developing network of physical cash-to-crypto locations.
Complexity: Crypto newcomers fear complexity in both investing and using crypto. Existing users are using an average of 6 exchanges or digital services simultaneously.
Security: Centralized exchanges operate similarly to traditional financial institutions, acting as the custodians of their users' funds. Currently, there are massive Security Concerns for the Centralized Exchanges holding billions of dollars worth of users' funds in Bitcoin and altcoins.
Trust: Lack of regulation is a crucial inhibitor for mass adoption of crypto.
COINZIX integrates institutional-grade multi-layer security solutions through its strategic partnership with Fireblocks, the industry leader for decentralized institutional custody. By bringing together the most robust software and hardware, COINZIX ensures that breaking in is nearly impossible and also highly expensive, creating a truly secure environment for storing, transferring, and issuing digital assets.
Most user funds are secured using multi-party-computation (MPC) technology that protects private keys. MPC represents a decisive next step in private key security because it removes the single point of compromise.
All smart contracts and blockchain assets are line-by-line audited and validated by COINZIX partner and industry leader, Certik, the pioneer in blockchain security.
COINZIX strategy is to enter the European market and expand beyond it by offering a good portfolio of intuitive and helpful solutions fit to consumer trends and needs.
COINZIX products are designed on multiple streams and are building up a sustainable ecosystem that serves its mission to provide users with a smooth transition from FIAT to CRYPTO. Some of the most notable services are:
The primary source of revenue is derived from the transaction fees paid by users trading crypto on the Exchange platform or at the ATMs. These transaction fees vary among services and time but in general they are a percentage of the executed transaction volume.
Other revenue streams include:
In 2020 there were 250 million crypto users, and it’s expected to increase to 347 million by the end of 2027.
Data shows that there is an increase in cross-border money remittance which is projected to grow from $295 billion in 2021 to $428 billion in 2025. 15.8% of remitters are already using cryptocurrency for money transfers.Crypto remittance is 388 times faster and 127 times cheaper than traditional remittance methods.
The COINZIX Exchange Token (ZIX) fosters the COINZIX economy, powering all its products and services and offering a wide range of utility options across the system.
$ZIX will provide value for every member of the COINZIX community, as it allows interactions within the whole ecosystem and would be required for different operations.
Utility
Seasoned entrepreneur, Ovidiu founded CryptoChange, an established crypto swap platform offering services to early adopters in Romania. Years of experience in dealing with regional regulatory bodies and he is spearheading the effort of bridging COINZIX with traditional financial services providers.
With more than 13 years of experience in the Cyber Security & Compliance space, Mihai has led multiple teams and projects dealing with very sensitive areas in the financial industry.
An experienced product and quality manager in Financial Services and Technology. In the past decade, he contributed to the success of giants like IBM and Nationale-Nederlanden, coordinating teams of over 20 people and driving product development across 3 markets.
With more than 20 years in the financial sector as a successful internal controller and anti-fraud manager, Constantin is an expert at sniffing out compliance breaches before they even happen. He will make sure COINZIX is operating in the boundaries of a fully compliant framework.