Project TXA is a project that deserves review due to the token making it to top gainers chart on coinmarketcap. Nowadays, the cryptocurrency world is being driven by memes, shitcoins and non-functional tokens, created on several different networks and blockchains, which serve no purpose at all other than tricking users into trading those assets to create market fluctuations that are backed by no specific reason at all and are all artificially made. This mess must come to an end, and cryptoandreviews.com is here to do that.
The benefits of Project TXA are closely linked to the utility of the tokens which will be reviewed on this article.
Cronos, PancakeSwap and The Sandbox all had a quick run up when they were introduced into the market. Many people invested in the initial idea while others didn’t. You know the rest of the story as of today.
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About Project TXA
A lot of investors have hurriedly delved into investing on a project they have little knowledge about Due to Fear Of Missing Out. So on this article, we will review Project TXA token by explaining what the coin is about, insights on the project listing the pros and cons, the supply and how legit/safe the token is for investment.
What is Project TXA ?
TXA is an open source project that provides decentralized settlement services to exchanges that wish build on top of its settlement layer. TXA’s Decentralized Settlement Layer serves as the foundation for a new kind of crypto exchange: hDEX, which stands for Hybrid-Decentralized Exchange. TXA’s Decentralized Settlement Layer brings to fruition the architecture of a centralized orderbook with decentralized settlement. This means that traders will have access to CEX-like speeds while having a DEX-like trading experience in terms of privacy and security.
TXA’s Decentralized Settlement Layer is entirely expandable, meaning that it can be extended by token holders through the TXA Governance Process to support any exchanges that wish to use it. It can then be integrated through open source development to support an increasing number of exchanges. Therefore, it will be able to potentially support multiple exchange platforms operated by any entity that wishes to utilize it. For example, Tacen (tacen.com) is currently building the world’s first hDEX and is the first of many developers that will eventually be attracted to this novel exchange architecture and contribute to its expansion and growth.
Project TXA Supply
There are 2,568,629.76 TXA in supply worldwide.
Pros and Cons of Project TXA
Pros of Project TXA
- There is a surge in the market price currently
- Project whitepaper available
- There is a community
- Contract on Ethereum
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
- Good navigational website – Project TXA
Cons of Project TXA
- The coin is still under research and development
- Multiple issues with its synchronizations between ledgers
- Not listed on some exchanges
- No Github profile
- They have no reddit account
- No Bitcointalk thread created
- No traceable features on tradingview
Is Project TXA Legit or Scam?
A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.
According to research and reviews, Project TXA have developed a problem solver but with a weak back up for the token they produce. Going through their community and roadmap about their project, their visions and aims have so far been achieved.
Is Project TXA Safe?
Being willing to invest in any token is a question entirely up to you to answer. Project TXA token has a formidable team and vision to backup their digital assets and project. The project will succeed but depends if the team keeps the vision active and alive.
Make personal research on the coin, visit coin’s official website.
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