Kurecoin is turning to solving
numerous problem facing cryptocurrency users most especially in Africa.
Cryptocurrency is no more new most especially in some country in Africa with
High employment rate. Particularly in Nigeria where many who cannot find white
collar job are now shifting into trading cryptocurrencies. One of the problem
facing cryptocurrency traders, hobbyist and enthusiast is the existing gap
between cryptocurrency and Fiat currency. Converting bitcoin to fiat can be
somehow difficult in Africa. For example in Nigeria in order to convert bitcoin
to fiat you will need to go through local exchangers. This process maybe time
consuming because the payments are processed manually and sometime traders face
risk of losing their crypto asset as a result of scam. Some local exchangers
factor in volatility which makes them pay traders less than amount initially
required.
With Kurepay, users will be able
to withdraw and purchase cryptocurrency directly with their bank account. This
will be seamless as this will remove waiting too long before an asset is
received. Another interesting service the kurepay will offer is the kurepay card
which gives users freedom to spend their currency just like fiat. It means
users will be able to withdraw their cryptocurrency in their wallet directly
into fiat currency using the card anywhere in the world.
Furthermore, getting loan in a
centralized financial organisation such as bank is very stressful and sometime
the process involve a lot of document for collateral and above all the process
is not transparent and there are always elements of unfairness when disbursing
loan. With kurecoinhub, users who are already part of their cryptobanking
system will have access to loan which will be upto 50% of the total
cryptocurrency they have banked on the platform. Some of the benefit of the
kurecoinhub is that the process will be very transparent and the process will
not be cumbersome compare to the centralized bank loan. Kurecoinhub is
cryptobanking platforms through which users are allow to bank their
cryptocurrencies and also receive dividends from them.
Kure exchange is another
platform which will be developed for trading of many cryptocurrency available
in the market. The platform will be developed in order to accommodate all
traders most especially traders with little or no experience in trading. The
platform will have tools to help traders in analysing crypto asset. Bot will
also be integrated in order to help traders make perfect decision when trading.
The official kurecoin token is
KRC. KRC is an ethereum based token. 100 million KRC is the total amount in
supply while 50 million will be sold during the initial coin offering which is
currently ongoing. The token sales will be in different phases with 1 KRC token
equivalent to $0.65. For further information about the token sales kindly visit
the kurecoin website https://kurecoinhub.io/
or whitepaper https://kurecoinhub.io/Kurewhitepaper.pdf
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NOTE: The information contain in this article is written based on what is presented on the whitepaper of the above mention ICO. Investors are advice to take time and do their own research as well. In case you feel any information contain in this review is inappropriate or misleading kindly notify us on our Telegram page
Kurecoin: Revolutionalizing effective Cryptocurrency Banking, Trading and other financial services
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