The 808Coin is the perfect currency for users who want to have a convenient wallet and not much interaction with difficult code. Launched in 2016, the 808Coin is hybrid currency, involving proof of work and proof of stake mining. The currency did not offer an ICO and was airdropped to investors. The number 808 plays a significant role, with the annual interest being 808% and the staking minimum age being 8.08 days. This is an intriguing facet of the currency and may generate user interest. Promoters explain that the name has been chosen based on a digital musical instrument.
The 808Coin tokens, called 808, offer plenty of value to users. In particular, the tokens can be used for purchasing things online, where privacy and speed are valued. The 808Coin offers staking as well as mining. This is ideal for miners. Also, as more users start transacting in the 808Coin, the value of the coin will improve, and thus be good for investment. The many benefits offered by the 808Coin makes it the ideal currency for different types of online transactions.
Users can download a Mac, Windows, or Raspberry Pi wallet to their device. Staking and proof of work will both fetch rewards. Annual interest on staked coins is 17% which increases for long term holders of the currency. The mining rewards also increase as the algorithm becomes more complex. So, the more work your CPU does, or you do in holding on to your currency, the more rewards you can expect. Staking rewards also increase as the interest is compounded.
The 808Coin can be bought from Tradesatoshi and other exchanges. Miners get not only good rewards, but explorer tools as well. The tools and applications are updated regularly, to ensure security and reliability. The 808Coin is also found on social media citations, and users can join social media streams to learn about updates and news. The website offers how to materials as well, so that users who are new to digital currency may also benefit from it. There are many other reasons that the currency might attract investors. Those who are fond of retro music for example, might have a sentimental reason to use the currency. Apart from that, the coin also offers good functionality, and is perfect for online transactions that need privacy and low fees. The 808Coin is therefore, promising rapid new strides in the cryptocurrency space.
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