Digital Dollar Coin (DDCT)©
The etherMillennium Coin of the Century!
A cryptocurrency is a digital or virtual currency that uses cryptography for security and is difficult to counterfeit because of this security feature. Cryptocurrencies include bitcoin, litecoin, dogecoin, among others. It is any kind of peer-to-peer digital money powered by the blockchain technology. Ethereum, the popular cryptocurrency and blockchain system, is based on the use of tokens which can be bought, sold, or traded. One of the most significant token standards of all for Ethereum is called ERC-20, which defines a common list of rules for all Ethereum tokens to follow. This means that almost all of the wallets which support the ether currency also support ERC-20 compliant tokens. Therein lays the rationale for selecting Ethereum as the preferred choice for DDCTs cryptos.
The Advantages of Cryptocurrency Trading
Since cryptocoins can be traded both inside and outside the digital currency environment, digital currencies are more than just a way to pay for goods and services – they’re also a viable financial opportunity. In fact, cryptocurrency has several advantages over fiat funds when it comes to financial opportunities. One of the biggest is that it isn’t subject to the same market conditions that traditional currencies are when it comes to foreign exchange rates.
The best example of this is the state of the pound after the UK voted to leave the European Union. In the wake of the Brexit vote, the value of GBP began to plummet as investors responded to the realities of the UK leaving the EU and the financial instability this new situation created. However, the world of digital currency is insulated from such real-world issues thanks to its very nature – it’s not tied to any single bank or government – and as a result, the relative value of most cryptocurrencies did not show a negative impact. In some cases, cryptocoin value actually increased as traders realized that digital currencies like Bitcoin were unaffected by Brexit.
The Bottom Line
Using crypto cash to pay for goods and services, both online and in person has the potential to revolutionize the way we use money on a day-to-day basis. Additionally, trading and financing in cryptocurrency can be lucrative and rewarding, providing the potential for high ROI, thanks to how insulated the digital currency market is to conditions that would otherwise throw a wrench into a Forex or binary options exchange.
DDCT is a fully tradable and transferable digital decentralized asset that is simple to use and secure on the Blockchain and suitable for P2P and centralized environments. Make Sustainability & Renewability with DDCT your First Choice today! Come Join the Revolution!
Token/Coin Name: Digital Dollar Coin
Token/Coin Ticker: DDCT
Contract Address (ERC20): 0xb0DC7fdB068aBA78Cd79e1BF9006196fF3299C8f
Link to Block Explorer: Etherscan.io
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