All You Should Know About Coinmetro
Cryptocurrencies are becoming quite renowned among individuals, businesses and even large organizations. But with the increase in its popularity, there also comes an increase in the dangers associated with it. This ranges from fraudsters and hackers among a host of others.
For this reason, individuals are always in search of secure and reliable wallets to save their coins. One of these wallets which have been proven to be reliable and has stood out from the rest is known as CoinMetro. Let’s read on to understand more about what it is all about.
What is CoinMetro
CoinMetro according to the definition given by the producers is an ecosystem where organized financial sectors can link with the digital economy. The platform will provide a complete solution for organizations and people who are looking for ways to exploit the effectiveness of blockchains.
CoinMetro Token
The CoinMetro token is based on Ethereum and is compliant with ERC20. This ensures that it is fast and safe. The sale of the XCM token will begin in under a month. As at now, it is still in the stage of the pre-token sale. CoinMetro will kickstart its internal exchange in March 2018. This will be done as a beta test. Individuals will have the capacity to trade on the XCM coin when the alpha exchange starts in April 2018.
Services Offered by CoinMetro
• Provision of Debit Cards which is utilized in accessing funds and withdrawing Fiat ATMs
• Atomic Swaps: This provides users with the ability to directly convert their coins to other types without the need of trading pairs.
• Lending Facilities: Which provides users with the capacity to loan supported coins ranging from BCH, LTC, ETH and BTC while getting interests. Additionally, users can apply for loans if the need arises.
• Deposit of Fiat: it gives users the capacity to deposit and utilize fiat.
• ETF Board: provides users with access to a mutual funds program which can be used in diversifying investment portfolio
• It allows for trading in crypto fiats just like another form of exchange service.
These services are actually not new. But CoinMetro stands out from other providers of these services because it ensures these services are made available under one umbrella.
Cryptocurrencies that can be used in the coin metro wallet:
The CoinMetro wallet mostly makes use of the BitGo Multi-signature technology. Below are some of the kinds of cryptocurrencies that can be utilized in the Coinmetro wallet. They include:
• Ethereum or ETH
• Bitcoin or BTC
• Litecoin or LTC
• Ripple OR XRP
• Bitcoin Cash or BCH
The CoinMetro wallet system for cryptocurrency aids its clients in withdrawal, holding and deposit of funds dependent on their desire.
CoinMetro Conclusion
CoinMetro is a project which looks like it would go a long way. The team includes experts with experience in the financial sector as well as blockchain. To find out more about CoinMetro and their offerings, check out their:
Website, Bounty Thread, ANN Thread and join the Telegram group
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