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58 Karma

Review on Pakcoin by Yenkelys Barcenas

Revainrating 4 out of 5

Pakcoin. A Global Payment Network

Pakcoin represents an exciting new business opportunity for those looking for fast, secure and reliable transactions. It is designed as a decentralized open source blockchain, which allows its users to maintain authority and control in all the operations they perform. It is important to highlight that this platform is new, of Pakistani origin and is just making its way into the crypto market, however it offers many of the benefits of consolidated platforms in addition to the speed of operations and that according to its creators is consolidating as a proven commercial medium, since every day more businesses accept their offers and the attractiveness of their rates.
The native token of the platform is the PAK (Pakcoin), it is the main digital currency of Pakistan based on Litecoin, and can be obtained through the allowed exchanges or by mining processes, and one of its most relevant characteristics, you can perform the purchase directly from bank accounts by means of transfers. The price of the currency, although low, is supported by a good market capitalization and a good volume of circulation, however its shares are showing a downward trend, even so, it is considered a growing project.
Currently many businesses operate with this currency, specifically in Pakistan, its level of reliability has allowed hospitals in the country to also access the PAK as a means of payment. With this growth, the work team is providing technical support and advice to all who want to join this community. It is an ambitious project, growing and with good proposals, so we will have to wait for its worldwide extension, once it manages to attract the attention of more users.




Pros
  • The transaction fees are quite low.
  • Supports minimal investment operations.
  • It is being consolidated as a global payment method.
  • It is a good project that can be extended worldwide.
Cons
  • Needs to attract more users.
  • Its value is low and unattractive to new users.
  • Is not very well known

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