What is ColossusXT Cryptocurrency? ColossusXT (COLX) is a decentralized and open source cryptocurrency launched in 2017 by the Colossus Grid Project. It is a privacy-focused and PoS-based cryptocurrency. COLX utilizes the masternode system to develop and enhance its blockchain network. Who Founded it? ColossusXT was founded by a team of cryptocurrency enthusiasts and blockchain professionals who believe in creating an innovative, secure, and reliable blockchain for the mass market. What Makes it Unique? ColossusXT has a unique development roadmap with several distinct features that set it apart from other crypto coins. Among these are the introduction of its decentralized network that is highly secure, and allows for low-cost and fast transactions, as well as a masternode system that enables users to earn rewards for maintaining and running the network. Furthermore, the project has committed to a continual development process which allows it to be more open and flexible to the needs of the users while providing them with the highest level of security and privacy. Where is it Used? COLX can be used as a means of payment, as the currency of the Colossus Grid, or as an investment asset. The currency is currently listed on several crypto exchanges where it can be bought and sold. The coin also holds a good potential to appreciate over time due to its unique features and the team’s commitment to continual development. Where to Buy/Sell It? COLX can be bought and sold on a variety of crypto exchanges, including Binance, OKEx, and Hotbit. Users can also purchase the coin through peer-to-peer exchanges such as LocalBitcoinCash.