DECOIN: SPEARHEADING GLOBAL EXPANSION, EFFICIENCY & ADOPTION OF CRYPTOCURRENCIES
The world has grown and evolved over decades and centuries from the use of crude means of exchange to fiat currencies and even after the development of such fiat currencies, it has seemed inadequate over time, hence, the development of digital assets and currencies now known as cryptocurrencies. Despite the many restrictions and sanctions placed by regulatory bodies located in many countries of the world the use and acceptance of cryptocurrencies and digital assets has proven to not only be unstoppable but also inevitable in our contemporary time.
Decoin is a platform that seeks to sustain the expansion and growth of the use of cryptocurrencies in countries of the world. Boosted by a user-friendly platform, it enables trade and exchange of funds as well as the transfer of funds at little or no charges, decentralizing not only the trade and exchange system but also distributing profits across boards to all the contributors and users of the Decoin platform worldwide, which makes it a win-win situation for users and contributors alike.
PROBLEMS
The security of exchange platforms has come under a lot of criticisms lately as many have lost funds due to the use of insecure platforms. Some platforms whose algorithm and security protocol have proven to be porous and faulty have led to the loss of funds of their users and this trends have dissuaded a lot of people from the use of trade or exchange platforms.Most of these platforms have problems with multitasking and as such scalable transactions cannot be conducted on such platforms this is a major cog in the wheel of the development of crypto-based trade and exchange platforms. This problem is also compounded by the centralized nature of some of these platforms, making them not customer based or user-friendly in the terms of their use.
Transactions on most of these platforms are also very slow and are almost equivalent to the ordinary banking services gotten over the counter and as such it does not encourage many to participate in the use of these platforms. Similarly, there also exist problems arising from low profitability for external and internal users of such platforms which should ordinarily serve as incentives for users of the platform.
Finally, the problem of inaccessibility or use of cryptocurrencies by their owners in normal financial transactions and dealings has made many not to invest in the world of cryptocurrencies and rather stick to the use of fiat currencies. However, Decoin has come with a value proposition to make sure that an end is put to this many problems.
DECOIN REMEDIES TO THE MANY PROBLEMS
Decoin is a decentralized blockchain based platform that innovates the world of exchange and trading transactions which are based on the use of cryptocurrencies. It brings its own unique coin and decentralized system which operates 24/7 with an equally active support team and most importantly a secure and efficient system.
Trade in cryptocurrencies just got better and safer with Decoin. This is exemplified by the introduction of debit cards on the Decoin platform. This card is usable anywhere in the world and is capable of withdrawals in fiat currencies all over the world. It can be used in the conventional manner in which our normal debit cards work.
The exchange of funds is also made possible on the Decoin platform through the use of its own exchange platform i.e. D-Tep. The platform hopes to establish a semblance of a banking structure where funds can be stored in their unique wallet and can as well be exchanged for other cryptocurrencies or to the Decoin token on the same platform or used in the course of trade on the platform by various companies who may employ the use of the D-Tep platform. The system can be integrated into the system of many companies and as such this feat earns Decoin some form of bragging rights in the world of cryptocurrencies and their trade and exchange platforms.
Security on the Decoin platform is very much paramount and in lieu of that, the Decoin platform creates its own personal Exchange platform i.e. D-Tep that is secure in all ramifications, making adequate provisions for the protection of sensitive user data supplied whilst using the system. It provides a Multi-layered real-time authentication protocol which covers all forms of transactions on the platform such as the trading platform, also securing trades and withdrawals from the D-Tep exchange infrastructure, while putting in place all-out security to the user base. This is indeed a welcome advancement in the world of trade, exchange, and other crypto-based platforms.
The Decoin platform facilitates quick and scalable transactions on the platform. This is a giant leap from the conventional slow transaction speeds on similar platforms. This platform also solves the problem of multitasking on similar platforms and this is a very
welcome innovation.
It also initiates social trading for leading users of the D-Tep who consent to publish their experiences on their use of the Decoin platform so as to encourage non-users to use the Decoin platform and assure them of the efficiency of the platform. This is a very welcome development as it enables all its users to earn at all levels both high and low making it a highly profitable venture.
Decoin establishes the first ever index in the world of crypto. This is done not only to advance the course of the acceptability of cryptocurrencies but also to make the trading experience very much seamless and devoid of third party interferences. Efforts have also been taken to make sure that the user experiences are also enjoyable and profitable for all partners and users alike on the Decoin platform. This first crypto index is known as the D-TEP crypto index (DCI).
This innovation makes it possible for users and Companies trading their coins through D-TEP to directly influence the appreciation of the value of the DECOIN and in doing so generate revenue for all DECOIN users who trade via the platform of D-TEP. This ensures that all users, in addition, relish the prospect of added proceeds from the directory investment cash-outs.
Decoin also achieves its prime position in the world of cryptocurrencies by the use of a Proof of Stake (POS) Blockchain protocol. This system has proven to be more encompassing and efficient than the Proof of Work(PoW) used by platforms like Bitcoin as all it requires for the validation of transactions is for the user to show that he/she owns some units of cryptocurrency on the Decoin platform. This promotes transparency in the system and saves the user money used in the purchase and maintenance of hardware required to carry out PoW protocols. It also enhances the security of transactions on the platform.
To further the course of Security and efficiency in correspondence on the platform a 24/7 live support system has been put in place to cater for this, it also provides answers to any complaints of all users on the DECOIN platform, to further enhance user and controller communication Decoin teams goes further to delineate the support system into a multilingual support team so as to make correspondences on the platform very fulfilling, interactive and all-encompassing. With these innovations, the Decoin team provides a system that is not only efficient but also one that is reliable.
The most important advantage accruable to a user of the Decoin platform is Revenue Sharing. The platform makes it possible for a percentage of the revenue generated on D-TEP to be distributed across the board to all her users. Decoin hopes to redistribute 10-20% of revenues gained on the D-TEP exchange platform to all its users. This distribution would be based on the average daily volume created on D-TEP’s platform. The revenues will be redistributed amongst all Decoin holders in proportion to all their holdings on the Decoin platform. This distinguishing feature makes it a topnotch system where all users and participants gain one way or another. The Decoin POS algorithm ensures 6.2% yearly earnings to be made to every Decoin owners who stake their coins on the Decoins online wallet. Therefore, whether the market trend is appreciating or depreciating all Decoin holders gain from transaction fees and the daily volume on the D-TEP exchange platform.
TOKEN DETAILS
The DECOIN token is a utility coin and it is represented as the DTEP and the platform has its own blockchain known as the DECOIN Blockchain. Transactions using Bitcoin, Ethereum, and fiat currencies would be accepted on the Decoin D-Tep exchange platform. A commission of a maximum of 0.25% per trade would be charged for none Decoin holders whereas Decoin holders would have a 0.15% commission charge. Pre ICO price was at 1 DTEP to 0.67 USD while the Price in ICO was 1 DTEP to 0.9 USD. Pre-sale token supply is 50,000,000 while the ICO token supply was 350,000,000 . Token distribution is as follows; 18% - for team, 2% - for bounty and partners, 80% - for investors. The Soft cap value is 4,000,000 USD while the Hard cap value is 30,000,000 USD. The minimum investment on the Decoin platform is 500 USD.
TEAM DETAILS
CONCLUSION
Decoin is a welcome development to the world of cryptocurrencies. It opens wide the doors of opportunities and profitableness in cryptocurrency platforms. It is a decentralized system that ensures perfection or at least near perfection since nothing is perfect and encourages trade as well as cryptocurrency exchanges due to its friendly rates and user-friendly nature. Decoin is a platform that brings the worldwide usage and acceptance of cryptocurrencies to fruition. With its introduction, we see the usability of crypto-based debit cards to perform transactions all over the world which is a major advantage of cryptocurrencies over fiat currencies. This is an advantage that needs to be exploited and used on the Decoin platform. This is further encouraged by the level of security on the platform as well as the standby 24/7 support team ready to see to it that the use of the platform is not only enjoyable but devoid of hitches. Decoin is the platform to use as the team has at least 10 years’ experience and are always ready to make relevant innovations on the platform to suit user needs.
THE TEAM:
We must commend the team for coming up with an invaluable and strategic platform that has a huge value proposition. The team comprising of individuals that have made their mark in different areas of endeavor has continued to receive rave reviews and I have huge confidence in them.
For more insight about the Decoin Project, please click on the links below:
Website: https://www.decoin.io/
Whitepaper: https://www.decoin.io/whitepaper
Telegram: https://t.me/xDECOIN
Facebook: https://fb.me/DECOIN.io
Twitter: https://twitter.com/@decoin_io
Medium: https://medium.com/@DECOIN
Github: https://github.com/DECOINio
Bitcointalk Profile ( Mulyo83 ) : https://bitcointalk.org/index.php?action=profile;u=181375
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