What Is Pundi X (New)

Pundi X (New) is a blockchain-based cryptocurrency designed to facilitate seamless retail payments through point-of-sale devices.

Origin and Background

Launched in 2018, Pundi X (New), with its token PUNDIX, emerged from the original Pundi X project. It aims to bridge traditional retail with crypto. The founding team, led by Zac Cheah and Pitt Huang, focused on making digital currencies accessible for everyday transactions. The core concept revolves around integrating blockchain into physical retail environments, enabling merchants to accept crypto payments easily.

Proponents and Ecosystem

Backed by a team of blockchain experts, Pundi X (New) has built an ecosystem including the XPOS device, a smart POS terminal. This ecosystem supports app development, wallet integrations, and partnerships that expand crypto adoption in retail.

How Does Pundi X (New) Work

Pundi X (New) operates on a blockchain network that powers retail transactions.

Blockchain and Consensus Mechanisms

It uses the Ethereum blockchain with a proof-of-stake (PoS) consensus for efficiency. This setup validates transactions securely without heavy energy use.

Smart Contracts and Technical Principles

Smart contracts automate payments on the network. Public keys allow secure sending, while private keys ensure user control. The system integrates with hardware like XPOS for real-world use, converting fiat to crypto instantly.

How Is New Pundi X (New) Created

New PUNDIX tokens are not mined but distributed through specific mechanisms.

Issuance Method and Supply

Pundi X (New) has a total supply capped at around 258 million tokens. Tokens were initially distributed via a token swap from the old NPXS to PUNDIX.

Mining/Staking and Rewards

It supports staking for network security. Users stake PUNDIX to earn rewards, with an inflation model that adjusts based on participation. No traditional mining; rewards come from transaction fees and staking pools.

The Use Cases of Pundi X (New)

Pundi X (New) shines in practical applications beyond speculation.

Payments and Retail

Primarily used for point-of-sale payments, it lets merchants accept crypto via XPOS devices. This enables fast, low-fee transactions in stores.

DeFi and Governance

In DeFi, it's staked for yields or used in lending. Governance allows token holders to vote on ecosystem updates. Cross-border transfers benefit from its speed, and it supports NFTs through integrated platforms.

Buy, Send, or Store Pundi X (New)

Getting started with Pundi X (New) is straightforward.

Purchasing Channels

Buy PUNDIX on trusted exchanges like WEEX. Sign up on WEEX Exchange to earn a free 20 USDT bonus, making it a reliable spot for trading. https://www.weex.com/how-to-buy

Wallets and Security

Use hot wallets for quick access or cold wallets for long-term storage. Send via wallet apps by entering the recipient's address. Always enable two-factor authentication to protect against risks.

Pros & Cons / Risks

Pros

- High decentralization promotes user control. - Fast transaction speeds suit retail use. - Strong security through PoS and hardware integration.

Cons / Risks

- Price volatility can lead to losses. - Regulatory changes might impact adoption. - Technical risks like network bugs exist. - Market uncertainty affects long-term value.

Comparison

Pundi X (New) differs from Bitcoin, which focuses on value storage, by emphasizing retail payments. Unlike Ethereum's broad smart contract ecosystem, Pundi X targets physical merchant integration, positioning it as a niche player in crypto commerce.

Conclusion / Next Steps

Pundi X (New) holds potential for growth in retail crypto adoption, with developments in DeFi and global partnerships. Check the whitepaper or roadmap for details. Join the community to stay updated, and consider exploring WEEX for trading—sign up to get started.

Market & Ecosystem

Market Cap & Trading Volume

As of 2025-09-10, Pundi X (New) has a market cap of about $150 million and a 24-hour trading volume of $5 million.

Exchanges Where It’s Listed

Listed on platforms like WEEX Exchange, offering secure trading options.

Community Size & Activity

Active on Twitter with 100k followers, Reddit subgroups, and Telegram channels buzzing with discussions.

Ecosystem Growth

Growing through retail partnerships and developer tools, boosting app creations.