Vcash (XVC) which was formaly called Vanillacoin (VNL) is a decentralized open source cryptocurrency which was launched in December 2014 and was rebranded in April 2016 to Vcash (XVC). It was developed from scratch to be a fast and privacy oriented cryptocurrency which features a zero time (about 8 seconds) transaction confirmation that doesn’t have the need of master node and DarkPP which has a framework for building a decentralized DarkNet applications. This simply means that users can complete transactions without confirmation and download the blockchain currency in few seconds.
With Vcash, you can spend your coin immediately because it allows to immediately own the coin. Your coin can still be re-spend in many number of time among multiple users before it can be consolidated into the ledger.
The Vcash wallet application is very light in weight and has an easy to use cryptocurrency client with one special feature which is a built in command line interface that is meant for passing remote procedure call (RPC) commands.
However, Vcash happens to be a hybrid proof of work cryptocurrency which give the opportunity for both mining and staking with a yearly interest of 0.7%.
Vcash was built to be forward thinking and very innovative, it has the ability to prevent eavesdropping and censorship, instant network transaction and energy efficient. It also have these features:
Private And Secure: a standard encrypted 3-tier network that utilize widely deployed standard based algorithms.
Instant: all payments can be received instantly by the recipient because it was powered by the zero time technology.
Peer To Peer: by using a decentralized network, there will be no need to trust any third party.
Global: all transaction performed have no border.
Very Low Fee: all transaction fee are extremely lower than banks or credit cards.
Open and free: it has an open source code which will allow any person to contribute to its development.
How To Buy Vcash coin
To buy Vcash, either you buy from someone who has Vcash to sell or you buy from an online Vcash exchanger. There are three world class online exchangers we would love to recommend for you for a safer transaction, they are:
Coinbase is a global digital currency asset and exchange company that provides a platform to buy and sell all kinds of digital currencies globally. Coinbase as well sends all necessary information about your transactions to block chain network so that it can be verified.
Coinbase also serves as a wallet where all your digital currencies can be safely stored. In their platform, they exchange different types of cryptocurrencies such as Ethereum, Litecoin, Bitcoin, Vcash and also other fiat currencies in over 70 countries.
Coinbase has over 30 million customer base and has facilitated the exchange of digital currencies worth over 50 billion dollars since its establishment in 2012. So if you are interested in buying Vcash or trading in digital currencies in today’s digital world, then we recommend you sign up with Coinbase.
When buying and selling cryptocurrencies, Coinbase expects you to link your bank account or debit or credit card (whichever you prefer) to your account with Coinbase to be able to buy cryptocurrencies. To use a bank account in Coinbase enables you to have higher limit which is $100 per transaction and $2, 500 per week, but the disadvantage is that it takes long to verify such transactions, so you will definitely see your money between two to four days in your Coinbase wallet depending on your bank. But for those who want to sell digital currencies, once you have confirmed the sales, it will also take between two to four days for your proceeds to reflect in your bank.
For those with debit or credit cards on their Coinbase wallet, a lower limit of $200 per week is given, though you can still buy cryptocurrencies by transferring money from your bank to the Coinbase web portal and your bitcoin will show up in your Coinbase wallet instantly.
Binance is a cryptocurrency trading platform which offers the most competitive crypto rate in the world. Binance accepts users all over the world and they have received lots of positive reviews from cryptocurrency traders. Recently, they have partnered with top Israel based Payment Company called Simplex to enable credit card buying of cryptocurrencies at a premium.
Binance was founded by Changpeng Zhao and launched on July 2017. Their operation consist of crypto to crypto exchange which means that they don’t facilitate fiat currencies. Their partnership with Simplex will allow them to run brokerage services that will enables you to buy up to 6 different cryptos with your credit card and a service fee of 3.5% will be charged by them.
Binance only accepts crypto deposit in their platform, meaning that you can transfer your Vcash from Coinbase to Binance. Note that all the coins that are supported by Binance can be deposited and withdrawn at any time.
Kucoin is known as one of the best and tastiest growing crypto exchange in the world. Also known as the people’s exchange, it is very simple and easy to use for first time investors, and for advanced users who love cryptocurrencies. They have whole lot of altcoin on their platform and are also adding more on a regular bases.
Kucoin’s objective is to offer low fee for both withdrawing and trading. Zero deposit fee and their trading fees are only 0.1 percent on whatever you purchase making it very affordable to use their platform.
To ensure you get good trading experience, whether you are buying or selling Vcash, we recommend you register with the above mentioned exchange (Coinbase, Binance and Kucoin) for safer transactions.
Why You Should Buy Vcash Coin
There are so many reasons why you should buy Vcash now, because the future is very bright for Vcash coin. Below are more reason why you should buy Vcash:
- BlogIt is very impossible to intercept the transaction in the Vcash system
- The financial transactions on Vcash are completely anonymous
- It has maximum protection against double transaction in the system
- With the transaction speed in the system, money can be transferred in just 8 seconds or less
With all these and more, Vcash has the ability turn your financial story to success in the future.