ChatCoin price is $0.00423560
The current price of ChatCoin (CHAT) is $ 0.00423560. In the last 24 hours, it has increased by +5.55%.
ChatCoin (CHAT) is a cryptocurrency that powers OpenChat, which is an open source messaging app. It's designed to facilitate communication, payment, and exchange within the social networking ecosystem. The goal of ChatCoin is to connect users from different social media platforms and allow them to interact and transact with each other, regardless of the application they use. The CHAT token comes into play as a medium of exchange in this ecosystem.
The team behind ChatCoin is linked to OpenChat, an open source messaging application. They spearheaded the development of this unique digital currency focusing on unifying social media platforms and facilitating transactions among users. The specific identities of the team members, however, are not prominently featured on their website nor on other online resources.
ChatCoin operates on the premise that social interactions shouldn't be limited by the boundaries of individual applications. By employing blockchain technology, it allows users from different platforms to interact, negotiate, and transact with each other. The CHAT token, which is the native cryptocurrency of the OpenChat platform, is used as a medium of exchange within this ecosystem. This makes social transactions seamless and efficient across different apps.
Users can earn CHAT tokens by contributing to the community, performing tasks and participating in promotions and campaigns. The tokens can then be used within the ecosystem for payment, exchange or to access certain premium features.
One of ChatCoin's unique selling points is the ability to connect users from various social media platforms, thereby creating an open and unified social network. It allows users to interact and transact with each other, regardless of which social media application they are using. It promotes more seamless social transactions by leveraging the capabilities of blockchain technology.
ChatCoin has a circulating supply of 690.0M and its total supply is 1000.0M. Please note that these facts are liable to change as the token is used more in the future within its ecosystem.
ChatCoin (CHAT) can be bought on YoBit, among others. Before purchasing, ensure to set up a secure and reliable cryptocurrency wallet where you can store your CHAT tokens. Remember, it's crucial to take responsibility for your own asset security in the cryptocurrency world, as digital assets can be susceptible to hacking and theft.
Keeping your ChatCoin safe involves good cryptocurrency security practices. This includes using hardware wallets or other secure forms of wallets for storage, applying two-factor authentication where possible, and making sure that your recovery phrases are kept in a safe and secure place. It's also recommended to keep your software up-to-date and to be wary of phishing attempts.
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