MONTHLY UPDATE:APRIL

FuzeX
FuzeX
Published in
2 min readApr 30, 2019
  1. WEBSITE RENOVATIOM

FuzeX website(https://fuzex.co) was newly renovated which many people have been waiting for.

It unveiled the expected card design and contains membership policy.

We will continuously update the FuzeX website based on various feedback from holders and requirements from partner issuers and financial institutions.

2. LISTED ON UPSITE EXCHANGE

As we informed at the monthly update in March, FXT was listed on Upside Exchange last October. They had taken possession of the ‘ISO/IEC 27001’ certification which is an international standard (information protection management systems) to ensure that, customers’ assets are secure and traded

In addition, Upside Exchange run a Crypto Shop to enhance the usage of cryptocurrencies listed on the Upside Exchange in daily life trading. You can purchase more than 1,300 different products with the cryptocurrency.

FXT will also be a payment token in Upside crypto shop to extend use of FXT and increase exposure to crypto shop visitor.

The FuzeX team is pleased to be listed on the Upside Exchange and we will make FXT available at crypto shop as soon as possible so that FXT holders can purchase number of products with FXT soon.

3. PROTECTION ACTION FOR FXT IN COINBENE EXCHANGE

In order to protect the holders from recent accident in CoinBene exchange which is assumed a hacking, FuzeX and Cashierest exchange agreed to suspend deposit and withdrawal for the time being as 90% of FXT is now trading at the Cashierest exchange.

CoinBene announced the global notice that “ User assets on Coinbene platform are 100% secure, our platform promises that if any user assets will be lost, we’ll compensate 100%”

The FuzeX team has officially asked to CoinBene about the truth behind the accidence, countermeasures and how to compensate for the loss of FXT. We’ll inform to the community as soon as receiving an official response from CoinBene

4. FUZEX CARD ISSUANCE PROGRESS

Currently FuzeX team is still in the process of issuance of FuzeX cards in three different regions, Americas, Europe and Singapore.

As we mentioned in the last AMA, we are expecting to be able to acquire BIN from an issuer bank in US first who can issue the card to US and Canada. We will inform to the community as soon as receiving the confirmation from Issuer bank regarding BIN.

Thank you

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