What is the Bitquence Coin?
Bitquence coin is the term for a cryptocurrency. It was primarily conceived as a means of payment on the platform of the same name. This coin provides access to all functions and services on this platform.
The user is mainly offered software that facilitates and improves the use of technical equipment. Unlike traditional currencies or credit cards, Bitquence is particularly secure and guarantees a high degree of anonymity.
On the internet, where cybercriminals regularly attack websites, this is a key advantage. The exchange of euros or dollars is also possible via the website. An alternative is to register at one of many crypto exchanges.
The latter usually offers dozens of coins to buy, with prices based on the market. Although the Bitquence coin can currently only be used on its own platform, a step into the rest of the online world is conceivable.
Rumour has it that the creators of the coin are negotiating with numerous parties to agree on acceptance as a means of payment. Cryptocurrency also has the potential to replace conventional currencies in the future.
Where else is the privacy of transactions protected as well as it is here? Furthermore, Bitquence offers incredibly fast processing speeds for transactions.
An Overview of the Bitquence Coin
When the Bitquence platform was launched, the developers had several goals in mind. Most importantly was to democratize the world of cryptographic money. With this coin, all investors have the opportunity to exert an active influence over its future.
This can take the form of suggestions for improvement, concrete tips, or even providing technical assistance. What the developers also aimed for was to produce a wallet that serves all cryptographic currencies equally.
The plan was implemented with the Universal Wallet. This digital wallet is used to manage different kinds of cryptocurrency. Bitcoins and Litecoins, as well as Bitquence itself, can be sent via this wallet.
Thanks to a large number of accepted currencies, users can distribute their assets in a flexible manner and make purchases in a wide variety of shops. Incidentally, this wallet and the coin itself have set new standards in security.
The technology used is based on the proven technology of other coins, but things have been taken to the next level. In this way, cybercrime is fought while the privacy of users is safeguarded. Thanks to a community integrated into the Bitquence website, investors can enjoy direct contact with like-minded individuals. In this way, tips and advice can be passed on with ease.
What is the Current Market Capital of This Currency?
In order to better assess the significance of this cryptocurrency, most professional investors look at market capitalization. This is the sum of all available coins and the current market price. Other terms for this value are market capital and market value.
In the case of the Bitquence coin, the amount currently equals approximately 60 million US dollars. For a relatively young cryptocurrency, this is an impressive amount. Experience over the past few years suggests that market value often grows in step with the popularity of a coin.
It is quite feasible to expect the same of Bitquence. It is rumoured that many major news outlets are looking to publish content regarding this currency in the near future. In just a few months, the market capitalization of this cryptocurrency could experience a boom because of the press coverage attained.
The number of coins that can be traded will also increase over the future. In order to keep the currency value stable, developers have a coin production limit. What this achieves compared to conventional currency is a significantly lower risk of inflation.
In contrast to the ECB, developers don’t have the option of flooding the market with newly generated currency. Also important to know is that the daily trading volume for Bitquence Coin is high.
Is Bitquence Coin Worth Investing In?
There is no doubt that investors are interested in one question: how high is the possible return on this currency? The fact is that nobody can give a completely accurate answer, though the financial sector can offer detailed forecasts.
These trend-based forecasts aren’t always perfect but are based on facts and sound evidence. The good news for Bitquence is that forecasts look promising. Experts agree that cryptographic currency will soon outstrip conventional forms in popularity.
Current developments, such as digitalization of everyday life and globalization make this next step for cryptocurrency inevitable. There is further cause for excitement because, in the history of the financial sector, value appreciation has generally followed growing recognition.
Despite its lucrative features, the Bitquence coin is largely unknown to the public, but could soon reach many. The goal of the developers is that one day soon, as many people as possible will use this coin as a preferred means of payment. In view of the increasing mistrust of nation-states, this is by no means an unlikely scenario.
A Summary of Bitquence Coin
Bitquence was developed as a result of the first-generation cryptocurrencies. As such, Bitquence and currencies like it are often looked upon as second-generation cryptographic currencies. The coin can be purchased by anyone aged 18 and over.
Today, this currency enjoys a market capitalization of over 60 million US dollars and experiences a large daily trading volume. In addition to the currency itself, the developers have produced a wallet that can use various forms of cryptographic currency. An investment in Bitquence can also potentially deliver high returns in a short period of time.
Coin-Report.net was founded by Thomas Mücke.
With the help of Coin-Report.net magazine, he tries to bring light to the field of crypto-currency.