Onecoin is a distributed cryptocurrency that can be sent through the internet like Bitcoin. In other words, Onecoin is a form of digital money compared with other forms of money.
Onecoin has several advantages one coins are transferred directly from person to person via the internet without going through a bank or money transmitter. Therefore the fees are much lower.
Onecoins one minute block confirmation time is 10 times faster than Bitcoin and one coins 10 megabyte block size is 10 times larger than Bitcoin. Only the private key can access a one coin account. So there are no limits on how much you can send or receive.
Your won coins are kept in your private digital wallet. On your computer or mobile device sending one coin is as simple as sending an email. The one coin network is secured by miners, who are rewarded newly generated one coins for verifying transactions just like Bitcoin.
After transactions are verified they are recorded in an online public ledger. Transactions are identified only by their cryptographic key. So your identity is not revealed. One coin is built on the Bitcoin source code, which is completely open-source and it's free and easy to get.
Started just visit onecoin.io and will show you everything. You need to know you can purchase one coin with Bitcoin or key theorem on the website. You can also purchase one coin with PayPal a bank account or a credit or debit card.
So if you missed out on buying Bitcoin for less than the dollar per coin. Here's your chance to get an early on the only one coin blockchain cryptocurrency that actually has a blockchain visit us on one coin and purchase it.
Onecoin is one of the most known Ponzi schemes in crypto world. It cannot be considered as money, since one cannot buy anything with it and it has no intrinsic value.
This network marketing concept has many well-known fraudsters behind it, so should be careful when giving money to them. Due the clever structure, the company cannot be sued, so it's almost impossible to get your money back.
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It's understandable, that these kind of schemes lure people in by promising big profits. Usually when something seems too good to be true, it usually is fake.
Same goes with many "altcoins", which provide only cosmetic improvements, but can be used to make a quick profit by abusing people with little knowledge on how money works and what it is.
Life is all about learning new things, and one of the best advices is, that people should gamble only the amount that one is willing to lose. Instead of counting virtual numbers (money), time is spent better by focusing on enjoying little things in life and being happy!
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