Sign in

CargoX CXO Price

$0.201

-0.9%

$0.198

24h Range

$0.204

Market Cap

$33,570,735.0

Fully Diluted Valuation

$43,290,981.0

24 Hour Trading Vol

$26,182.0

Circulating Supply

167,160,147.7

Total Supply

215,119,016.0

Max Supply

Info

CXO Price Statistics

CargoX Price

$0.201

24h Range

$0.198 - $0.204

Percent Change 1h

0.08%

Percent Change 24h

-0.9%

Percent Change 7d

-4.01%

All-time high

$0.523

All-time low

$0.00003988

Simple View
Trading View

1D

7D

1M

1Y

Loading...
Simple View
Trading View

About CargoX

What is CargoX (CXO)?

CargoX (CXO) is a blockchain-based platform designed to enhance the efficiency and transparency of the shipping and logistics industry. It utilizes smart contracts to automate and streamline the documentation process associated with cargo shipping. The platform enables users to create, share, and manage digital documents securely, thereby reducing paperwork and minimizing the risk of fraud. As of 2024, CargoX aims to revolutionize the way logistics and supply chains operate by providing a decentralized solution that enhances visibility and traceability across the entire shipping process.

Who are the Founders of CargoX?

CargoX was founded by a group of experienced professionals in the fields of logistics, technology, and blockchain. The key figures include Samir Kordic, who has a strong background in logistics and supply chain management, and other notable contributors who have expertise in blockchain technology and business development. The team’s diverse experience has allowed CargoX to effectively address the challenges within the shipping industry while leveraging the benefits of blockchain technology.

How does CargoX Work?

CargoX operates on a blockchain framework, utilizing Ethereum as its underlying technology. The platform allows users to create 'Smart Bills of Lading,' which are digital documents that represent the ownership of goods during transportation. Here’s a simplified overview of how CargoX works:

  • Document Creation: Users can create digital bills of lading using CargoX's user-friendly interface.
  • Smart Contracts: These documents are secured by smart contracts, which automate various processes, such as payment and delivery confirmations.
  • Real-Time Tracking: CargoX provides real-time tracking of shipments, allowing all parties to monitor the status of goods throughout the shipping process.
  • Decentralization: By utilizing blockchain, CargoX ensures that all transactions are recorded on a decentralized ledger, making them immutable and transparent.

This system significantly reduces the time and costs associated with traditional paper-based documentation while enhancing security and trust among stakeholders.

Top Use Cases of CargoX

CargoX has a variety of use cases that demonstrate its effectiveness in improving logistics and supply chain processes:

  • International Shipping: Companies can use CargoX to manage international shipments more efficiently, ensuring that all documentation is secure and easily accessible.
  • Trade Finance: CargoX's smart contracts can facilitate trade finance by providing verifiable documentation that can be used to secure funding.
  • Supply Chain Transparency: Retailers and consumers benefit from enhanced visibility into the sourcing and shipping of products, allowing for better tracking and accountability.
  • Compliance and Regulations: CargoX helps companies comply with industry regulations by providing a transparent and verifiable record of shipping documentation.
  • Reduced Fraud: The immutable nature of blockchain reduces the risk of fraud associated with paper documents, protecting companies from potential losses.

These use cases highlight CargoX's potential to transform the logistics industry by leveraging blockchain technology for greater efficiency and reliability.

How to Keep your CargoX Safe?

To ensure the safety and security of your CargoX transactions and assets, consider the following best practices:

  • Use Strong Passwords: Always create strong, unique passwords for your CargoX account and enable two-factor authentication (2FA) when available.
  • Keep Software Updated: Regularly update your devices and software to protect against vulnerabilities and security threats.
  • Secure Your Wallet: If you are storing CXO tokens, use a secure wallet, preferably a hardware wallet, to protect your assets from hacks.
  • Beware of Phishing Attacks: Be cautious of emails or messages that ask for sensitive information or direct you to suspicious websites.
  • Monitor Transactions: Regularly check your transaction history on CargoX and report any unauthorized activity immediately.

By following these practices, users can significantly reduce the risk of losing access to their CargoX assets and ensure a secure experience on the platform.

How to Invest in CargoX (CXO)?

Investing in CargoX (CXO) or any other cryptocurrency involves several steps:

1Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4Buy CargoX: Once your account is funded, you can purchase CargoX directly from the exchange. Choose the desired amount and complete the transaction.

Investing in CargoX (CXO) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in CargoX using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for CargoX (CXO) in the Long Term?

CargoX (CXO) is currently trading at $0.201 and exhibits good potential for future growth. Check the latest CargoX (CXO) price prediction.

FAQs

Recent Big Transactions


CargoX Info

Info

CargoX Insights

Recent Big Transactions


Explore More Crypto Coins

Botsfolio Blogs

Instant Access, No Sign-Up Needed!

Create and Evaluate Portfolios in Minutes

With any investment, your capital is at risk. The value of your portfolio with Botsfolio can go down as well as up and you may get back less than you invest. Past performance is no guarantee of future results. Read our (investment risk disclosure ) for more information. By using this website, you accept our (Privacy Policy) (Terms & Conditions) .

PRODUCTS

BECOME A PARTNER

CONTACT US

Support: jasmine@botsfolio.com

Marketing: marketing@botsfolio.com

KribX Inc, USA

© 2024 © Botsfolio

Privacy Policy Terms and Conditions