maniecool: AURIX : Fast Trading, De-Fi Cashback, Topnotch Applications

Blockchain technology has gotten to the level in which the whole world cannot do without it. We have discovered that this technology is making the news headline everyday which symbolizes global and rapid adoption of this technology. But despite the greatness and potential of this technology, there are still some things that needed to be improved upon its use. We have several and different blockchain network such as bitcoin blockchain, Ethereum blockchain, eos blockchain, tron blockchain and some other more. The level of difficulties associated with each of this blockchain network varies based on the type of blockchain.
We have some blockchain that are more cumbersome and difficult to use than some others, we also have some that easy to use but they are lacking some other qualities. Let’s take for example the speed of transaction which is solely dependent on the nature of blockchain transaction. Some transactions do take several hours before it could be confirmed on the blockchain network, some blockchain also charges high transaction and mining fees. This is the reason why a new team has gathered around to rectify this problem by launching a new blockchain project known as AURIX

AURIX is a decentralised platform that provides financial services. It has principles and techniques that makes it an unprecedented crypto exchange and financial service platform. It has projected solutions to some Defi and cryptocurrency transactions.

AURIX wants to transform the traditional banking system into a cryptosystem by providing an easy, low cost, rewarding and secured cryptosystem that will attract more users into the cryptosystem.

They have a management team of individuals that are widely experienced and have achieved tremendously in crypto Exchange.

The Mission and Vision of Aurix Exchange

To make this vision come to life, Aurix do their best to redefine how crypto money is being moved, spent, and invested. Aurix developed the high-tech solutions that allow people and organizations to use cryptocurrencies as easily as they use fiat. Thus, Aurix hopes to attract more newcomers and encourage them to switch to more simple and useful crypto financial services.

To make the world of the cryptocurrencies more transparent and user freindly.

To provide people with easy access to their crypto funds, exchange options, and many more convenient tech solutions.

To enhance the replacement of the traditional banking system with decentralized finance.

Impending Challenges

Hidden and High Commission

Most crypto currency exchange platforms charge high fees and other hidden charges on its transaction. AURIX will charge a very low commission on the products and services traded on its platform, and there is no hidden charges.

Insecurity and Trust Issues

Security is a very big issue in cryptocurrencies exchange. Investors have lost huge amounts of funds in fraudulent exchange platforms. AURIX has a highly secured blockchain that will ensure secured transactions.

Low Transaction and Liquidity Speed

Transactions in Aurix is very easy and fast. This improves the Liquidity of the exchange and its token.

Inherent Complexity

The management of the company conducted research on crypto users and found out their challenges. Therefore, the platform is built to prefer solutions to these challenges and development of customers. Aurix is a user- friendly designed platform.

Aurix Token

Aurix has a native token (AUR) that is used for transactions on its ecosystem platform. It has some unique features that give it some advantages over other tokens.

About Features and Advantages

AUR can be exchanged for other cryptocurrencies.

Payments made with AUR token on Aurix exchange attracts discounts.

AUR can be staked on Aurix exchange.

Holders of AUR tokens are given an Aurix digital card which receives up to 9% cashback and exclusive rewards on transactions done with the card.

A total of 20,000,000 AUR tokens will be supplied to the platform.

Aurix Products

Aurix has some products that makes the platform attractive and friendly to crypto users and investors.

The products are;

Aurix Exchange

Aurix Exchange is designed to be convenient, easy and safe for its users. Users can trade their tokens through the Aurix App or desktop, and are free to transact without the company interference.

Payback System

This is a product designed to give payback reward to the users of the platform. A certain percentage of each transaction is credited directly into the client's account. This motivates the users to do more transactions on the platform, thereby attracting more users and investors.

Aurix Card

Aurix Exchange has a debit Visa/MasterCard issued to its clients. The card is linked to the wallet of its holder and can be managed through the App. Aurix Visa/Mastercard will attract up to 9% cashback of transactions done with it. It is also guaranteed by the blockchain and Defi system.

Payment Plug-ins

This is a special approach to e-commerce and other businesses that enhance easy operations of cryptocurrencies and it is compatible with every crypto system. It is installed on the customer's end and gives access to free trading of cryptocurrencies.

Token Details

Aurix Token (AUR) is a utility token that features several above and above simple payment functions. AUR powers the Aurix ecosystem as a whole, providing users with special benefits such as reduced costs on the platform.

The AUR Token issue is limited to 20 million units. It is currently running on the ERC-20 basis, but will later operate on Aurix Chain.

Token Name: Aurix

Token Class: Utility Token

Token check mark: AUR

Issuing entity: AUR protocol lab

Total supply of tokens: 20, 000, 000 AUR

Team Members

Eng. Majed Mohsen

Founder & Chief Executive Officer

Dr. Besher Zeido

Chief Operating Officer and Co-Founder

Radu Stefan Mazare