Just as promised at the time of launch, we are here with another announcement for you. We are so elated to see our Arax family growing and our platform becoming more inclusive.
Arax-Your Universal Crypto Wallet has now integrated REP coins. This is especially exciting for all those users who are a part of the Augur Decentralized Oracle System. This integration will facilitate them to keep their REP coins safely in their Arax Crypto Wallet.
REP token is used to power the Augur Decentralized Oracle System which is a decentralized prediction market platform. This is developed on the Ethereum network and you can use this market to bet on the conclusions of future occurrences to win monetary rewards. The amount of rewards is dependent on the likelihood of the occurrence of an event. The less likely an outcome, the greater the reward for its successful prediction.
Augur generates real-time predictive data based on “The Wisdom of the Crowd” from predictors on the platform. Usually, this data’s accuracy rate is greater than the leading experts.
By Integrating Blockchain technology with the prediction community, Augur serves as a platform that is cheaper with fewer fees, more accessibility, and better accuracy as compared to other markets.
At launch, Arax supported 12 cryptocurrencies across different Blockchains. Staying true to our word, we have successfully integrated 9 new coins. We now support 21 cryptocurrencies across 7 Blockchains.
At present, Arax is supporting the below-mentioned coins:
- LALA Token
- Basic Attention Token
Arax also offers various in-app services including mobile bill payments & recharges via cryptocurrencies. We also offer instant cryptocurrency conversions, and remittance (to be live soon). You can also send crypto with its industry-first feature “Near By” via GPS instantly. It is a single storage app for multiple digital assets that gives each user true immutable ownership.
We are making every effort to bring the best services to our users and expand our partnerships. Follow us on our social media channels for more updates. We extend our heartfelt gratitude for your undying love and support.