Eternal Token (XET) is a token that can be exchanged with Eternal Coin (XEC) at a ratio of 1:10. Because the transaction and custody of Eternal Coin (XEC) can only be carried out in countries with authorized exchanges around the world, that is, the business scope of XEC does not include countries in the world that have not authorized exchanges. In order to make up for this shortcoming, Eternal Token (XET) was born, which can not only be obtained on exchanges around the world, but also be traded with various currencies.
As a new form of virtual currency issuance, the coexistence of the two virtual currencies XEC and XET also makes up for the defects of XEC and other virtual currencies with similar situations.
XEC is a centralized coin unlike other virtual coins on the market. This difference is mainly manifested in XEC's wallet system, namely the eternal coin wallet system. XEC users can conduct "equivalent overseas remittance" through transactions in the Eternal Coin wallet. Since there is no other virtual currency involved in the Eternal Coin wallet system, users can conduct transactions and remit overseas at very low fees. The XEC system can also trace data, which has the advantages of preventing hacking and fraud.