The Orbitcoin offers tokens called ORB. The currency seeks to build on the strength of the blockchain. As such, it offers the security and decentralization that has enamored the users of digital currency. Users do not have to depend on a central authority or intermediary to send currency to recipients. Users located anywhere can send the currency to recipients anywhere, using the decentralized registry. This eliminates third party fees and makes online transactions more viable. The ORB forked off the Novacoin in 2013. This is therefore a long established currency in digital currency standards.
While offering ease of use, and fast transactions, the Orbitcoin also offers lower transaction charges. Another benefit is that the currency offers lower fees for transaction. The currency is based of open source algorithm, and the code is available for further download and use. The currency is ideal for users looking to benefit off the blockchain. The currency is featured on major exchanges such as Cryptopia and Coinexchange, which is proof of the wide recognition it has.
Users can download the currency to their computer to start using the tokens. Currently, 3 million tokens are in circulation. It is important to transfer tokens to wallet soon after purchasing them off the exchange, for security. You can choose to download the wallet to Windows, Mac, or Linux computers. Users can mine blocks of currency, and the payouts depend on the numbers of blocks mined. Staking the currency also helps users earn interest. Each block offers 1 ORB token, while a block time of 60 seconds makes mining more rewarding.
The Orbitcoin has been around for a few years, and is therefore an established currency. It is available on major exchanges. Miners can take advantage of the low block times and rewards on each block. The currency can be staked with your wallet. The Orbitcoin particularly lends itself to new applications, thanks to the open source code and other features. It is supported by a large user community. There are communities featured on social media as well as online forums. Users can choose to join any mining pool and start trading the currency. The currency offers exchange pairs with US dollars, bitcoin, British Pound, and other currencies. This currency has been showing rapid appreciation in value in the last few weeks. Investors can therefore look to benefit from purchasing the Orbitcoin tokens.
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