Knox Wire customers can use GSX to bridge two currencies in as little as three seconds, ensuring payments are quickly sent and received in local currency on either side of a transaction.
“Instant Liquidity allows companies to send payments to nearly 30,000 Financial Institutions without the need to pre-fund their account ahead of time. This saves capital and allows for institutions to leverage funds to increase profit.”
Gold Secured Currency is the first asset in a new genre of decentralized assets called a Growth coin. A growth coin combines most of the best elements of a stable coin, an investment coin and a traditional cryptocurrency into one secured currency.
Instant Liquidity on Knox Wire allows your institution to keep valuable capital earning so you can stay ahead of the competition. The way it works is by using a gold backed intermediary asset to facilitate the exchange and transfer between two currencies in a transaction. This intermediary asset is called Gold Secured Currency, or GSX.
Do not invest money you cannot afford to lose. There are numerous external factors that may affect the price or liquidity of a currency or currency pair. The value of virtual currency may change substantially in a short amount of time. Transactions may be irreversible, even if fraudulent or accidental.