Buxcoin is a form of cryptocurrency that provides private instant verified transactions. It is a decentralized, open-source c ... ryptocurrency that is focused on the privacy of its users. Its global community is run by a team of skilled mathematicians, proficient programmers and financial experts, with no links to the Federal Reserve System. Who Controls Buxcoin Network? Buxcoin’s network is like the technology behind the internet in that nobody owns it. Buxcoin is controlled by all of its users globally. The developers are busy improving the software for better results and user experience. The Buxcoin protocol is invincible as it cannot be changed since it is an open-source and all users are free to choose any version and software. How does one acquire Buxcoin? You can acquire Buxcoins through any of the following ways: 1. Receive payments in Buxcoins for the goods you sell or services you offer 2. Buy Buxcoins from Buxcoin exchange 3. Exchange or trade Buxcoins with family and friends 4. Earn Buxcoins through competitive mining What Are the Advantage of Using Buxcoin? Buxcoin provides users and merchants alike with many advantages. The prime advantages of Buxcoin include: 1. Payment freedom – You can send and receive Buxcoins anywhere, anytime. There are no bank holidays, borders or bureaucracy to worry about. 2. The ability to choose your own fees – Fees are completely unrelated to the amount that’s being transferred. There are also no fees for receiving Buxcoins. 3. Low fraud risk 4. No need for PCI compliance 5. Lower fees, larger markets, fewer administrative costs. 6. Security and control 7. Payments can be made without personal information tied to the transaction. 8. Strong protection against identity theft. 9. The ability to protect money with backup and encryption. read more