CryptX
 | |
| Key people | Founder Joseph Bolkvadze, CEO George Gvazava[1][2][3][4][5] |
|---|---|
| Website | www |
| Launched | 2019 |
CryptX[edit]
CryptX Wallet[6] is a digital crypto wallet company, established in 2018 by Joseph Bolkvadze. The Company identified the need for an efficient, simple, and highly secure multi-asset operational crypto wallet.
History[edit]
Since becoming available[7] in mid-2019, CryptX has been performing thousands of digital asset transfer and swap operations for retail and B2B customers, seeking to transact with crypto, maintain liquidity and minimize the volatility of their cryptocurrency income. Dubbed the “Swiss Bank for Digital Coins,” the company is a leading cryptocurrency wallet that offers its users enterprise custodial services with institutional-grade security. It is fast and easy to onboard. The Company offers a digital asset and cryptocurrency safeguarding service with additional features. CryptX provides the simplest and most convenient way of sending, receiving, and managing crypto assets with minimal fees. The wallet secures users’ private keys in impenetrable Swiss bank-grade Hardware Security Modules (HSM) that are developed, manufactured, and programmed in Switzerland. This, in essence, means that CryptX users can rest assured that no one is gaining unauthorized access to their private keys according to the newest protocol of security, where customers' private keys, as mentioned, stay inside Swiss vaults throughout their lifetime.
CryptX cryptocurrency wallet supports a wide array of digital assets and regularly introduces support for new ones, thereby eliminating the need for individuals to maintain multiple crypto wallets. More than 100 coins and ERC20 tokens are supported, including top digital assets such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), and Chainlink (LINK), among several others. CryptX also supports other crypto-specific events such as forks, and token airdrops so that users do not have to shuffle and move their digital assets to other wallets. Through sophisticated public API, CryptX digital currency wallet functionality can be seamlessly integrated with any application. Additional features include an Auto Swap functionality, to automatically exchange cryptos inside the wallet. Due to optimized transaction wrapping through the usa of SegWit Bech32, Blockchain fees are reduced as much as possible. A complete record of all transactions and user activity is held, to meet audit requirements.
In August 2020, CryptX became[8] available as an integrated custodial option on Genesis Coin ATMs, and in October 2020 CryptX was integrated into General Bytes' BATM firmware.
References[edit]
- ↑ George Gvazava. "Medium Blog".
- ↑ IMTC Conference. "Geirge Gvazava IMTC".
- ↑ Business Media Georgia. "#FORBES - 30UNDER30 - STORY OF CRYPTX - GIORGI GVAZAVA".
- ↑ Cryptonews. "George Gvazava of CryptX To Speak at IMTC World 2020".
- ↑ BTU. "Academic Personal Profile".
- ↑ Crypto Adventure (September 26, 2020). "CryptX Review – A Crypto Wallet with Swiss Vault Storage".
- ↑ Coinspeaker (August 11, 2020). "CryptX Wallet Now available".
- ↑ Coinspeaker (September 17, 2020). "Genesis Coin Now Offers CryptX Wallet Option".
External links[edit]
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