EBCoin price is $0.00017897
As of today, the price of EBCoin (EBC) stands at $ 0.00017897, which has decreased over the last 24 hours. The trading volume for the last 24 hours was .
EBCoin is a cryptocurrency that aims to streamline the tax refund process for travelers. The Korean based project was designed with the aim of reducing the complexity, hassles, and inconvenience of tax refunds and promoting a more tourist-friendly environment.
EBCoin is a project of the Korea Pay Services company, which is a well-established payment platform that offers offline payment services. The project was initiated by a team of professionals who have an elaborate history in the Korean payment system market. The core team members have extensive software development and e-commerce experience.
EBCoin works by leveraging the idea of blockchain and smart contracts to implement a simpler and more efficient procedure for processing tax refunds for travelers and merchants. It envisages a global standard for these processes, making it easier for tourists to claim and receive their tax refunds.
The system is based on the EBCoin, an ERC20 token that will be used within the ecosystem to provide these services swiftly and securely. Tourists can use their tokens in many ways, including for tax refund claims, online shopping, or even exchanging them into their preferred currency.
EBCoin's uniqueness stems from its ability to make the processing of tax refunds much simpler and efficient for international travelers. Traditional processes are known to be cumbersome, with many travelers not claiming their tax refunds. EBCoin not only addresses this problem but also builds a stronger, more open relationship between merchants and tourists by facilitating a quicker and more streamlined tax refund process.
As of now, the circulating supply of EBCoin is at 4.6B, out of a total supply of 10.3B.
You can currently purchase EBCoin (EBC) from various cryptocurrency exchanges, and the ones currently trading it are listed as BitMart, CoinExchange.
Just like any other digital asset, keeping your EBCoin safe is a top priority. Ensuring the safety of your EBC tokens involves implementing a variety of safety measures. These include storing your tokens in a reputable and secure wallet, regularly updating your device software, utilizing secure and private internet connections, and refraining from sharing sensitive information about your holdings. It's also advisable to use two-factor authentication (2FA) whenever possible.
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