Oxen (OXEN)

Oxen (OXEN) is a decentralized cryptocurrency that enables users to send and receive money across different geographic borders, while also allowing users to access basic financial services like loans, savings and storage. The idea of Oxen was first introduced by the blockchain-based financial platform, Programmable Money Inc. (PMI), which was founded in 2018. Oxen was created to provide users with a secure and global layer of value that could be used to transfer digital assets and store money without the restrictions of geography or government interference. Oxen utilizes public-key cryptography to create a digital financial ledger, which allows users to store, access and transfer digital assets in a distributed network. What Makes Oxen Unique? Oxen is unique compared to traditional digital payment networks because it relies on a decentralized network of computers instead of traditional financial institutions. Since there is no middleman or central authority involved in a transaction, users are less likely to encounter any delays or high fees when transferring digital assets on the Oxen network. The security and stability of Oxen are also noteworthy, as its blockchain technology is designed to protect user funds by utilizing an advanced authentication system and data encryption. Moreover, Oxen also boasts a built-in currency exchange, allowing users to quickly convert their funds into different currencies. Additionally, developers have also been able to effectively develop smart contracts on the Oxen network, making it a technologically advanced cryptocurrency. Where Is Oxen Used? Oxen can be used to make payments, facilitate remittances and create smart contracts. It can also be used as a store of value, similar to other digital currencies like Bitcoin. Additionally, Oxen is supported by several fiat (traditional) currencies, including the U.S. Dollar, Euro and British Pound. Where to Buy/Sell Oxen? Oxen is available for purchase on several cryptocurrency exchanges and digital asset brokerage sites, such as Binance, Bittrex, BitMex and Coinbase. It can also be purchased using credit cards and PayPal, depending on the payment processor being used. Overall, the cryptocurrency marketplace is flooded with choice when it comes to digital assets. But one thing that stands out about Oxen is its commitment to providing users with a secure, international digital financial layer to help them access basic financial services and move money around the world.