Meet new generation of Safe cryptocurrencies.

XS coins (savings exchange coins)

The Coin that backed by Litecoin

Algorithm : SHA256 (PoW)

Total offer : 100000000 LXS

Time for block : 600 sec

Block reward : 50 LXS

Wallet : Downloads

Mining pool : coming soon

Get started with XS coins

What XS coins are :

Every XS coin use peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of XS coins are carried out collectively by the network. XS coins are open-source; its design is public, nobody owns or controls it and everyone can take part. Through many of its unique properties, XS coins allow exciting uses that could not be covered by any previous payment system. XS coins are forks of popular coins, first of all Bitcoin and Litecoin created to maintain mining as a decentralized business.

XS coins as Bitcoin :

  • Fast peer-to-peer transactions
  • Worldwide payments
  • Low processing fees
  • The coins are backed by Litecoin
  • Adjustable minimum quotes threshold
  • Stable coins, which price will only grow
  • Can be mined by Asic old models
  • Open source code that is being finalized by the community itself

XS coins features

Provision of currencies with basic cryptocurrencies

The XS coins group currencies are secured by the Bitcoin Reserve Fund. The security is formed at the stage of initial placement of 30% of each of the coins, 75% of which is the Reserve Fund. Also, the reserves are replenished by the implementation of 10% of each of the coins obtained with premine.

Serve as a tool to stabilize profits and minimize losses

Coins act as a tool to minimize losses in case of unpredictable volatility of exchange rates on crypto exchanges. This function is implemented by reinvesting.

Adjustable minimum XS coins courses thresholds

Remaining decentralized currencies, the minimum thresholds of rates are regulated by the biliSEF fund at the expense of reserves, ensuring timely pamp and dump rates on the main crypto exchanges

Called to support and increase mining profitability.

This function is a consequence of the systematic creation of new XS coins and ensuring their cryptocurrency reserves. Thus, the profitability of mining stabilizes and slows down the process of obsolescence of mining equipment by stabilizing the complexity of XS coins networks

A wide range of applications XS coins crypto community

XS coins are the main means of payment within the biliSEF fund services, both for startups, ICO applicants, and community members in the framework of the provision of paid services and voting. Also, XS coins are a means of payment on the websites of partners of the fund.

Provide security to third-party ICO leased currency

XS coins are the main means of payment for ICOs on the fund platform, thus providing guarantees to investors and the circulation cycle within the framework of the ecosystem being created.

for Individuals

Mobile payments made easy

XScoins when used on a mobile device allows you to pay with a simple two-step scan-and-pay. There’s no need to sign up, swipe your card, type a PIN, or sign anything. All you need to receive XScoins payments is to display the QR code in your current XScoin wallet app and let the other party scan your mobile, or touch the two phones together (using NFC radio technology).

Security and control over your money

XScoins transactions are secured by military-grade cryptography. Nobody can take your money or make a payment on your behalf. So long as you take the required steps to protect your wallet, XScoins can give you control over your money and a strong level of protection against many types of fraud.

Works everywhere, anytime

Similarly to email, you don’t need to ask recipients you’re sending XScoins to, to use the same software, wallets or service providers. You just need their XScoin address and then you can transact with them anytime. The XScoins networks are always running and never sleeps, even on weekends and holidays.

Fast international payments

Sending XScoins across borders is as easy as sending them across the street. There are no banks to make you wait three business days, no extra fees for making an international transfer, and no special limitations on the minimum or maximum amount you can send.

Choose your own fees

There is no fee to receive XScoins, your wallet let you control how large a fee to pay when spending. XScoin’s wallets have reasonable default fees, and higher fees can encourage faster confirmation of your transactions. Fees are unrelated to the amount transferred, so it’s possible to send 100,000 XScoins for the same fee it costs to send 1 XScoin.

Protect your identity

With XScoins, there’s no credit card number that malicious actors can collect in order to steal from you. In fact, it’s even possible in some cases to send a payment without revealing your identity, almost like with physical money. You should, however, take note that some effort can be required to protect your privacy.

for Businesses

Protection against fraud

Any business that accepts credit cards or PayPal knows the problem of payments that are later reversed. Chargeback frauds result in limited market reach and increased prices, which in turn penalizes customers. XS coin payments are irreversible and secure, meaning that the cost of fraud is no longer pushed onto the shoulders of the merchants.

Get some free visibility

XS coins are an emerging market of new customers who are searching for ways to spend their XS coins. Accepting them is a good way to get new customers and give your business some new visibility. Accepting a new payment method has often shown to be a clever practice for online businesses.

No PCI compliance required

Accepting credit cards online typically requires extensive security checks in order to comply with the PCI standard. XS coins still requires you to secure your wallet and your payment requests, however, you do not carry the costs and responsibilities that come with processing sensitive information from your customers like with credit card numbers.

Fast international payments

Sending XScoins across borders is as easy as sending them across the street. There are no banks to make you wait three business days, no extra fees for making an international transfer, and no special limitations on the minimum or maximum amount you can send.

Choose your own fees

There is no fee to receive XScoins, your wallet let you control how large a fee to pay when spending. XScoin’s wallets have reasonable default fees, and higher fees can encourage faster confirmation of your transactions. Fees are unrelated to the amount transferred, so it’s possible to send 100,000 XScoins for the same fee it costs to send 1 XScoin.

Multi-signature

XS coins also include a multi-signature feature which allows bitcoins to be spent only if a subset of a group of people authorize the transaction. This can be used by a board of directors, for example, to prevent members from making expenditures without enough consent from other members, as well as to track which members permitted particular transactions.

How it works

What is BILISEF (Bitcoin & Litecoin Savings Exchange Foundation)

XS coins group creating that backed by basic cryptocurrencies

Building community and popularizing decentralized solutions based on open voting

Analytics of existing startups and the formation of Black and White lists

Analytics White listed startups ICOs and the formation of Black and White lists for investors

Rework help services for startups and ICOs by biliSEF Community

Conducting secure ICOs using XS coins on the biliSEF Secure ICO platform list

The main activities of the fund

What is the BILISEF (Bitcoin & Litecoin Savings Exchange Foundation) fund in terms of currencies XS coins, hereinafter referred to as the Fund:

1. The Foundation is the authority responsible for the development and operation of BitcoinXS and LitecoinX projects.
2. The Fund is a guarantor of the stability of BitcoinXS and LitecoinX currency quotes
3. The Fund has a collegial structure for managing decisions on the activities of the Fund’s partners, based on open voting of partners in the system one wallet – one vote, thus respecting the anonymity and impartiality of all participants
4. The partner of the fund is every investor of the ICO currency group XS coins

For BitcoinXS and LitecoinXS projects, the BILISEF Foundation (Bitcoin & Litecoin Savings Exchange Foundation) is:

1. Authority engaged in the development, issuance and initial placement of 30% of BitcoinXS and LitecoinX coins throughout all stages of ICO
2. The body regulating the rates of coins BitcoinXS and LitecoinXS in the conditions of falling market quotations of currencies, thus acting as a guarantor of maintaining the stability of investments not below the threshold values ​​of + -10% relative to the initial price of coins starting from the date of listing on cryptocurrency exchanges at a specific ICO stage
3. The body regulating the creation and provision of coins of the XS coins group, by means of forks of the main popular hashing algorithms and conducting ICO of these coins, to ensure the timeliness of execution of the functions assigned to it
4. The body responsible for the popularization of coins of the XS coins group and the development of the mining of these coins, through the creation of public mining pools

Functions of the BILISEF Foundation (Bitcoin & Litecoin Savings Exchange Foundation) for third-party startups:

1. Accumulation of third-party startups to determine the feasibility of investment and the viability of projects
2. Analytics, marketing research, determining the audience of projects for the provision of biliSEF Community
3. Control and ensure open community voting on key parameters
4. Compilation of summary lists of screened and approved projects by the community and the Black and White list.
5. Timely provision of lists for the crypto community as a whole, as well as popularization

Functions of the BILISEF Foundation (Bitcoin & Litecoin Savings Exchange Foundation) of the upcoming ICO startups from the White list:

1. Accumulation of data from ICO startups from the White List to determine the feasibility of investments
2. Analytics, marketing research, determining the audience of investors for the provision of biliSEF Community
3. Control and ensure open community voting on key parameters
4. Compilation of summary lists of screened and approved projects by the community and the Black and White list.
5. Timely provision of lists for the crypto community as a whole, as well as popularization

biliSEF ecosystem

The main goal of the biliSEF foundation is to rally the community to accomplish the set tasks. The structural base includes:

1. Crypto community
2. Reserve background of coins of the group XS coins
3. Contingency reserve fund including BTC, LTC, XRP, TRX, ETH tokens

The main means of payment within the services are the currencies of the XS coins group. The total size of the offer of each of the coins of the group is 100,000,000 units. The next stage after the creation of each of the group’s coins is to hold an ICO in the amount of 30% of the total offer of coins, 75% of the raised funds form the Reserve Security Fund (RCF), 14% are related to the costs of ensuring the costs of developing the project infrastructure. Each coin’s premine accounts for 10% of the offer of each coin and forms the reserve fund XS oins (XSRF), which is further involved in the formation of additional reserves for providing coins. At the fourth stage of the ICO of each coin of the group, the fund provides data on the source code of the coins and all the accompanying information for the subsequent listing of the coins to the main crypto exchanges. After the initial placement of tokens, within 1 month the development team provides the official mining pool for public access, in the future ensuring the performance and reliability of the pool is a priority. Official pool commissions also form a reserve fund of XS coins. Each currency investor in the group, a miner, a trader, that is, the holder of coins of the XS coins group is a partner of the fund and is part of the biliSEF fund community and has the right to vote when voting on the fund’s service platforms.

Find out more >>

Step to step

1 step. XS coins developing

The creation of XS coins is carried out according to priority blocks, including the use of various types of equipment.

2 step. ICO

Initial placement of coins to attract investment in the project and further formation of reserve funds for the phased development of the platform

3 step. Reserve funds building

10% premine of each coin form the Reserve Fund XS (XSRF), 75% of the ICO form the Reserve Security Fund (RCF), which subsequently constitutes the regulatory mechanism of the fund

4 step. Coins listing

Providing data on the source code of the coins and related information for the subsequent listing of coins to the main crypto exchanges

5 step. Public mining pools

Development and implementation of the official mining pool for public access and further ensuring the efficiency and reliability of the pool as a priority task

6 step. biliSEF community building

Investors, miners and traders community formation for the implementation of projects and services of the platform.

Get connected

btalk

Bitcointalk.org

git

Github.com

twit

Twitter.com

med

Medium.com