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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on Pakcoin by LUIS RIVERO R

Revainrating 3 out of 5

It has a good structure but I think it is not very used yet.

This digital asset is designed to become a payment currency, according to its official website it has several commercial partners that are already accepting pakcoin, allowing them to receive their funds in a few minutes using blockchain technology. The market in which it is bet is still small since there is a lack of purchase volume.

-Storage in multiple devices, basically it can be used from anywhere.
-With only keeping in your wallet and doing Starking you can receive rewards since the network is made more secure.

In general, this asset has a utility, it provides a payment tool for goods and services, it is necessary that its volume increase in exchanges
An interesting aspect is that it works as an intermediary between bank payments, making transactions cheaper and faster, allowing the merchant to settle the money in their bank account when required.



Pros
  • The transaction fees are low.
  • You can receive this asset and receive the money directly into your bank account.
  • You have multiple options to buy this fiat utility asset.
  • It is accepted in a large number of businesses.
  • It has multiple forms of storage.
Cons
  • Low market volume.

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