News

Media Statement on Implementation of Digital Assets Prescription Order


Dear Users of Pinkexc,

As per media release on 17th January 2019 (https://goo.gl/cY6X2g), we only enable user to use Send, Sell and Coinvata. We will disable Receive and Buy function. Besides, we also will not accepting new user registration for a moment.

Any questions, you can issue ticket at www.pinkexc.biz/tickets.

Regards,
Admin Pinkexc

 

PinkExc Digital Token Issuer to Move from Ethereum to Stellar Blockchain. New Listing for XLM


Stellar Lumens (XLM) recently announced that a Malaysian digital token issuer, PinkExc is planning to move to their blockchain from their current Ethereum one. The company also informed that Utilex will soon replace PinkExc and hence will be run on Stellar blockchain. In the message they also stated that they made the decision due to Stellar blockchain technology being able to meets their needs. It is a faster, cheaper and more reliable asset value transaction token.       

Company made the official announcement on their official Twitter page. It stated: “Malaysian token issuer to move from Ethereum to Stellar. PinkExc currently operates several cryptocurrencies teller machines in the country, and hosts an online exchange. The project utilized blockchain to raise fund for expansion, besides as a utility medium for transactions”.

While the company confirmed that Ethereum blockchain is simple and fast to create ERC20, it still requires measurable efforts to work on it. “ETH had a solid development team but Stellar has evolved much more than Ethereum. Stellar offers built-in capabilities that can support multi-signature authorizations, generate dividends and limit who can hold tokens and more. Most importantly, Stellar features a decentralized exchange where any token issued through Stellar can be instantly traded without relying on a third-party exchange to list the token. This means that newly issued tokens can be traded in one day, which is really fast”, continued the message.  

MORE FROM STELLAR LUMENS (XLM)

Earlier, Stellar reported that a Canadian exchanger, National Digital Asset Exchange Inc. (NDAX) had listed XLM on their platform. They made the announcement on November 28 which stated that the platform will be offering XLM/ CAD trading pair. In addition, the company informed that users can trade the stated pair on the platform for free of charge. The deadline for free transactions is January 31st next year.

Source: https://ripplenews.tech/2018/12/05/pinkexc-digital-token-issuer-to-move-from-ethereum-to-stellar-blockchain-new-listing-for-xlm/

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Bitcoin ATM in Ipoh to buy cryptocurrency or cash out


PETALING JAYA: There is a Bitcoin ATM in Ipoh, where users can buy the cryptocurrency or cash out. 
The ATM, which was introduced by Pinkexc (M) Sdn Bhd in 2016, recorded an average of 50 transactions a day. 
That translates to about RM80,000 worth of transactions where users buy and sell Bitcoins. Users need to have their Bitcoin wallet handy on their mobile phones to conduct their transactions. 
The founders set up the company in Malaysia after coming across such ATMs in Japan and South Korea. 
China Press reported that the founders have applied to Bank Negara Malaysia to set up their ATMs across the country. However, they weren't able to get their permits yet. 
The software for the Bitcoin ATM is being upgraded to include other cryptocurrencies too, such as Ethereum, Lite and Dash.