Review on Counos Coin by Gabriel Medina

Name: Counos Coin
Item: Counos Coin
Rating: 4

October 04, 2020

Litecoin-based cryptocurrency

Counos Coin (CCA) is a cryptocurrency similar to Bitcoin. You can join their system to make it safe, get rewards for mining and make safe and fast transactions. It is a decentralized cryptocurrency and its legal ownership remains with the users until the moment of making the transaction.

Counos Coin goal is to provide the highest standards from a trusted perspective for financial transactions and payments around the world.

The Counos platform features a wide variety of financial services. It is one of the most extensive and secure platforms in the world of financial Blockchain.
﻿
There is a mobile wallet for mobile users that is compatible with Android and iOS devices.

Counos has some important financial services in the field of cryptocurrencies and Blockchain:

Trust: Aims to provide users with a high level of assurance so that processed payments are protected against any misconduct and cryptographic assets are protected from any misappropriation.
Exchange: It allows users to manage their currencies directly without the presence of a third party and you will be able to directly convert the cryptocurrencies between themselves or fiat money in the easiest and safest way.
Counos Payment Gateway: Allows online stores to choose a specific cryptocurrency as a source of commerce, and then customers can choose any other cryptocurrency to settle their bills.

Counos is a decentralized network that offers users a commercial platform where they can carry out transactions without problems and without the requirement of any third-party financial institution.
﻿

Pros

All transactions are recorded and available on a public ledger, which helps to ensure their authenticity and prevents fraud.
Counos Coin is resistant to counterfeiting. It is not worth it financially for counterfeiters to tamper with the system.
Counos Coin is run by miners, the massive network of people who contribute their personal computers to the network.
Litecoin-based cryptocurrency.
It is established for the processing of payments and invoices online.
Efficient and independent network.
High security network thanks to the timestamp server and its consensus protocol.

Cons

There is a lot of shortage in the supply of coins.
There is no secure protection for your Counos wallet. If you lose your wallet hard drive data or even your wallet password, the contents of your wallet will be gone forever.