Update From CFXN Regarding Our Progress

CFXN Token
3 min readJan 29, 2023

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It is with great pleasure that we announce the pending closing of our second round of financing with a Five Million dollar investment from a European investment group. We expect to close prior to the end of the month.

The funding supports our Distributed Ledger Technology (DLT) cryptocurrency/fiat payment service launch geared to the needs of the two hundred-billion-dollar online casino industry. As a Las Vegas-based business, we understand the needs of both casinos and players to have safe, secure, and privacy-friendly funds processing. Our goal is to make it profitable for Players and Casinos to accept crypto and fiat seamlessly without extra fees and delays utilizing the advantages of DLT.

We are accepting applications for beta testers of our exchange service who would like to earn up to ten percent (10%) interest on their crypto for just a two-month test. Beta testers must own crypto in a wallet to earn interest for just using our wallet transfer test.

We are testing our exchange backend before we release it to the public with the help of private wallet holders. This is a limited test in terms of the total value of the cryptocurrency transferred.

The test is limited to the value of 15 BTC in ETH or USTD. We will accept cryptocurrency with a value of $1,500 up to $250,000 per participant in the test. The number of participants is based on the total value of the test.

The testers will receive their value in Crypto or Fiat after the test transaction plus 10% interest. If the value of the underlying cryptocurrency drops during the test transaction, we will return the original value plus interest. If the value of the crypto increases during the test transaction, we will return the original number of coins with the greater value plus interest.

This offer is to BORROW for the test, not a purchase, you will get your crypto returned plus interest. In addition to the interest, the testers will be able to join our exchange with preferred status with a no fee account. However, we will return your crypto at the completion of the test.

If you are interested, contact Tom Bowen at tdb@cfxnx.com with the subject “beta test account” in the message, provide the value you have in crypto and your contact information. We will provide you with a contract for the test and our details.

This is an official offer to join our beta test, it is not a solicitation for funding, as your crypto will be returned to your wallet at the end of the test.

We reserve the right to reject any offer without recourse if in our opinion it is not in the best interest of the test or participant.

Notice: This is not an offer to purchase, only to borrow tokens and coins for our test. We will pay interest in the crypto we receive. We are not offering tax advice on the transaction since we are returning your crypto to your wallet, you will need to check with your local jurisdictions for taxes on the interest.

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CFXN Token
CFXN Token

Written by CFXN Token

Institutional Strength Crypto Exchange Platform with Payment Solution for non-institutional users

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