Review on Pakcoin by Gabriel Medina
Popular cryptocurrency of Pakistan
Pakcoin (PAK) is a peer-to-peer digital currency that enables almost zero cost instant payments to anyone in the world. This open source global payment network is completely decentralized without any central authority. Mathematics secures the network and allows people to control their own finances. Transaction confirmation times are faster and there is improved storage efficiency. Its main focus is Pakistani users inside and outside of Pakistan. International users are welcome and can participate in your mining, trading or long-term trend.
It can be purchased with a JazzCash account, EasyPaisa or through a bank transfer. Users can generate PAKs through the mining process. Pakcoin has a current supply of 68,594,750. The latest price for Pakcoin is $0.0097032 and it is up 4.43 in the last 24 hours. It is traded on two exchanges: Cryptopia and YoBit. PAK tokens are combined with BTC and USD tokens.
To use the tokens you need a digital wallet. To create a digital wallet, fill out the form on the digital currency website. Is free. Photo ID is required. Users can upload it to the website. The photograph must be taken with your identity identification, in the country it would be CNIC. With the digital wallet, users will be able to buy and sell the tokens. Tokens are sent to and withdrawn from a Pakcoin address.
There are several versions of the digital wallet. They are available for Windows, Mac, Linux, and even Android. A paper wallet and an electronic wallet are also available.
Pros
- Features faster transaction confirmation times and improved storage efficiency.
- It allows instant payments at low cost to everyone in the world. It is a decentralized open source network. In addition, international users will be able to participate in mining and trade.
- The digital wallet is available in various versions for Windows, Mac, Linux, and Android. In addition, it includes an electronic and paper wallet.
Cons
- It is only available on two exchanges. The token price is low.
