Review on bitCNY by Kenan Nuhbabali
bitCNY: Chinese based coin
bitCNY is a Chinese based coin and its value is pegged to 1 Chinese Yuan. I do not recommend buying it for your investments to be valued, as it has a stable value. But if you say that I can invest in another coin at any time and you need a currency that I can convert to other coins, this project is for you. Another plus is that you can do this safely. But this, after all, shouldn't make you think that a stable currency will trade as much as I want on the stock exchange, exchange it together, or convert it to another coin. After all, it is a coin whose value is tied to the Chinese Yuan, and we cannot predict whether the value of the Yuan will increase or not.
Pros
- provides high security
- stable value
Cons
- a hard coin to buy and sell
