The WomenCoin was offered through a premine in July 2017. The goal of the currency, according to the promoters, is to give women the benefits of using the blockchain. According to the promoters, the cryptocurrency trade is currently skewed in favor of men. With the launch of the WomenCoin, things are likely to improve in this regard. The currency is expected to help women operated businesses claim the rewards of using the blockchain.
The WomenCoin is a currency that helps women enjoy the benefits of blockchain use. The currency has been listed on two exchanges. Also, the wallet is under production right now. Trading will start in a few weeks. This gives investors the window needed to start trading as soon as possible. The mining uses the Scrypt algorithm. There is a reward of 150 tokens on every block mined. The target is 25 billion coins. This is expected to ensure that there are plenty of coins for all the women operated businesses, and there is no devaluation either. The currency will be available for mining soon and staking rewards are also on offer.
Users will be able to use the Windows and other wallets to stake the currency or to carry out online transactions. There are many mining pools that users can join if solo mining is something they do not prefer. They can get the currency through exchanges such as novaexchange and coinexchange, by trading bitcoin and other currencies. There is also an online forum for users, as well as social media points of contact. The WomenCoin was offered through a well appreciated premine, to raise funds for developments. The currency can be mined or staked.
The WomenCoin is expected to benefit women business owners and users. However, this is aimed at any user who wants to invest in a currency that is expected to grow in use and value over time. The currency offers very generous mining and staking rewards. The low transaction times and fees is expected to be good news for businesses, who can pass on the benefits to customers. Buyers would like the discreet transactions offered by the WomenCoin currency. Each transaction takes around a minute, and this makes the WomenCoin the currency for widespread use. Users also have generous interests on staking, as well as bonuses for mining. With the high mining target, there are plenty of opportunities for miners.
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