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As of January 2021, the number of cryptocurrencies traded worldwide has reached 4089. As new ones are added to increasingly common cryptocurrencies domestic cryptocurrency exchange Paritex has opened MPAX coin, one of Turkey's new and powerful cryptocurrency projects.
*** This release is originally published in Turkish.
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ISTANBUL (TR) - Digital coins are becoming an increasingly common investment tool. In parallel, the market values and numbers of cryptocurrencies are increasing every day. According to data published by Statista, the cumulative market value of cryptocurrencies has increased by 300% in 2020. The number of cryptocurrencies listed on US-based cryptocurrency market analysis and tracking platform Coinmarketcap reached 4089 as of January 2021. Domestic cryptocurrency exchange Paritex has listed the cryptocurrency MPAX Coin as a trading pair as of December 1, 2020 for investors looking to profit from solar energy production. After the mpax coin was listed on the Paritex Krito currency exchange, it reached a trading volume of TL 1 million in a short time and attracted great interest from cryptocurrency investors. In CoinMarketCap's ranking by analyzing a lot of data, the fact that the Paritex cryptocurrency exchange is among the top 50 largest exchanges in the world was also considered by cryptocurrency experts as one of the reasons for this intense interest.
Paritex CEO Özgür Serkan USLU said: "MPAX Coin stands out with its profit-making project by generating energy in renewable solar panel systems and selling the energy it receives to the states. Its aim is to make agreements with national and international companies in many countries in Turkey and the Balkans, allowing companies to pay for their products and services with MPAX coins through an online sales center. As Paritex, we are ready to cooperate as much as we can to export to the world by supporting domestic and strong projects coming out of Turkey. At the moment, we think that we have made a strategic listing, given the benefits that blockchain system will bring to be a new technology and its integration in a wide range of new areas." said.
Erkan ASLAN, who also conveyed the project plans for MPAX coin in the first quarter of 2021, said: “First, our goal is to allow cardholders to make purchases from their balances with MPAX Cash Cards. Second, to gain passive income to investors by selling each seller that will be included in the market with the online Sunday Place application. Another opportunity that we want to give MPAX investors and users is to include businesses in their country in the online Sunday system to enable them to earn MPAX coins from every product that will be sold. In addition, there are profitable areas that will encourage the use of MPAX coins by investing in the renewable energy sector in various countries., ” he said.
MPAX Coin will provide its investors with a daily fixed 1% profit without reduction and increase until April 2021. As the amount of Masternode they buy increases, investors will also have the opportunity to generate additional income from the increased amounts of profit. In addition, investors will be able to earn 0.5% coins from energy income, 0.75% coins between 1,000,000 and 3,000,000, 1% coins between 3,000,000 and 4,500,000, and 5% coins between 5,000,000 and over with their investment with 1,000,000 Masternode.