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Today there are thousands of cryptocurrency exchange platforms, which not only allow crypto trading but also give away crypto assets through faucet systems, giveaways and other types of projects. Cryptocurrencies are becoming more and more widespread all over the world. And anyone can have them and keep them in their own wallets. However, when it comes to using this virtual economic system it becomes difficult in many places, perhaps because they are banned or simply because, in some countries, they do not have the platforms to handle cryptocurrencies. That is why today I come to talk about a project that comes to give real use to cryptocurrencies, that is, to convert them into money (literally). This project is called LimonX.
As mentioned above, LimonX has its own blockchain called LimonXchain, which uses the consensus method PoS (Proof of stake) which unlike PoW (used by Bitcoin and Ethereum), does not consume an excessive amount of electrical energy nor requires high processing of GPU and CPU. By making the LimonX blockchain more eco-friendly, in addition, this consensus allows processing many more transactions than the PoW method, which makes the LimonX blockchain more scalable and faster.
Two of the use cases I exposed in the post I wrote about LimonX, were:
Ernest is a cryptocurrency enthusiast and loves to watch his series over and over again on Netflix. However, he forgot to pay the subscription. But that doesn't worry him because thanks to the LimonX service, Ernest can use his crypto coins to buy a Netflix gift card to pay his subscription on time.
Not only he can pay for his subscription, but he can also give away these types of cards so his loved ones can appreciate the Netflix service without having to sign up with a credit card. Isn't it great?
Erica is a girl who is crypto enthusiastic and also loves to visit the stores of shopping malls, unlike her friends, who buy everything by Amazon or electronically way. Erica likes to touch and observe all the details of the products before deciding to buy them. She uses her PCS Mastercard® Prepaid Payment Card as her favorite payment method. With LimonX, Erica can reload her card using her cryptocurrencies, making all her digital currencies cashable. In addition, Erica can also withdraw cash from the 34 million ATM Mastercard worldwide. She is literally cashing out her cryptocurrencies.
As we could see LimonX gives you the freedom to use cryptocurrencies to buy anything you want by converting them into prepaid cards or gift cards, which you can use to pay for services, buy products and even get cash anywhere in the world.
With LimonX you can purchase any type of prepaid card to buy in iTunes, Amazon and Google Play. You also have access to recharge prepaid cards such as PCS Mastercard, Transcash, Neosurf, Paysafecard, Toneo First, and Ticket Premium.
And for online game lovers, another advantage of using the LimonX platform is that it offers a wide range of cards to access games, game extensions, music, and other products from Xbox, PSN, Steam, League Of Legends, Battle.Net, and Nintendo EShop.