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İstanbul
4 Level
158 Review
430 Karma

Review on Italian Lira by Kadir Akar

Revainrating 2 out of 5

italian Lira Rewiew

Italian Lira is a decentralized erc-20 token. It cannot be mined. For this reason it does not waste energy.
Uses blochain technology. Wherever you are in the world, you can transfer money without interruption. There is no intermediary, you do not need a bank.
This way, your financial information will be completely anonymous.
This project was developed and designed by 5 young people from different parts of the world.
The team said that the 100 billion token supply will burn about 70 billion by the end of 2021.
The coin is safe on the ERC-20 Network, but its trading did not make much sense to me, the stock exchange it is listed does not really add volume to the coin, the daily volume of the coin is really low at a level of $ 2, and you can only trade as BTC, I think the project will be far behind.
img 1 attached to Italian Lira review by Kadir Akar



Pros
  • decentralized money transfer without the need for a bank
Cons
  • high fee fees
  • much refund compared to competitors (never use it as a means of payment)
  • Listed on non-volume exchanges
  • few trading pairs