Review on Rubycoin by francis fernandez
Rubycoin: offers the security of cold wallets
Since the launch of the first digital currency; countless cryptographic projects have emerged, each one with particular characteristics and specific functions that seek to ensure their permanence in the overwhelming electronic market.
Token:
Ruby has its own token, identified with the acronym RBY. This digital asset was launched on the market on August 10 through a sale promotion that offered the cryptocurrency at half price.
Characteristics of the cryptocurrency:
Ruby is a basic and functional currency. But nevertheless; it has a very valuable feature in its infrastructure; this is that it offers its users the possibility of storing their cryptocurrencies in a secure wallet type hardware or cold wallet.
This allows us to protect the assets that we possess from the electronic fraud to which the software or hot portfolios may be exposed.
Definitely; this particularity makes RBY a secure platform; very useful when opting for the use of a platform that guarantees us the good protection of our assets.
Utilities:
RBY has two main utilities:
• Its functionality to exchange currencies
• Guarantees quarterly earnings for owning your tokens
If we are looking for a digital gateway that allows us to carry out secure exchanges and a reliable and permanent performance; RBY is a convenient option. For now, it is only traded in 1 market but we hope it continues to rise towards the conquest of several markets.
Pros
- Allows you to exchange cryptocurrencies in a simple way
- Offers cool wallets for added storage security
- Guarantees distribution of profits with token holders
Cons
- It is sold in just one market
- It has low commercial value
