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Venezuela
2 Level
86 Review
264 Karma

Review on Syscoin by Eve Vallenilla

Revainrating 3 out of 5

Syscoin: economic solution for your payments in digital currencies

In today's world there is a need to make payments remotely to purchase products and services that are not physically within our reach and for transfers in investment products on a global scale. This forces us to use reliable platforms that allow us a secure and transparent digital asset management.

The market offers several platforms for online payments of worldwide recognition, however they are not so cheap services. For this reason, the creators of Syscoin designed a virtual infrastructure for payment processing based on blockchain technology that, in addition to security in operations, does not require the use of third parties that demand high commissions for the digital asset management service, which allows access to the platform to be cheaper.

In this way, the Syscoin network offers an inexpensive, intermediary-free and secure asset transfer service.

What is known about the platform's mining strategy?

Syscoin originated from the Bitcoin blockchain. Hence, it inherits many features but optimized. This allows you to use a dual mining mechanism for the issuance of both BTC and Sys cryptocurrency, simultaneously.

Syscoin is available on multiple exchanges in the global market, so traders and investors are recommended to select the exchange platform that has the most affordable rates, since they are variable between them.

Once you obtain the SYS tokens, you can select between different hardware or electronic wallets, taking into account the security that each one can guarantee for the protection of your digital assets.

Similarly, you can opt for the native Syscoin wallet in the versions that match the characteristics of your computer and operating system.

The SYS token allows you to trade multiple popular market currencies, and even FIAT currencies such as the US dollar and the euro, at low cost and fast in processing operations.



Pros
  • Offers affordable rates
  • Free from third party interference and control
  • Reliable platform for electronic payment processing
  • Stores transactions in an unalterable way
Cons
  • No disadvantages