GINcoin (GIN), as of the latest update, is currently priced at $ 0.03664573.
GINcoin (GIN) is a cryptocurrency built on its own unique blockchain. It's intended to simplify the process of creating and maintaining masternodes, which are special servers that perform various functions in a blockchain network. GINcoin provides an intuitive platform for users, even those without technical knowledge, to set up their masternodes.
The specific creators of GINcoin are not publically disclosed on their website or in their official documents. GINcoin was designed and developed by a team of anonymous software developers dedicated to simplifying the process of masternode creation and management.
GINcoin works as the native token within the GIN Platform. Users can use GINcoins to pay for the subscription fees associated with setting up and managing masternodes on the platform. The novel part of GINcoin is its ability to streamline the process of setting up masternodes, which often requires a great deal of technical knowledge and time. With GINcoin, even inexperienced users can easily have their own masternodes up-and-running in no time.
The unique selling point of GINcoin lies in its focus on masternodes and making them accessible. Masternodes are an essential part of many blockchain networks, providing increased transaction speed, privacy, and governance votes, but setting one up often involves a complex process. GINcoin simplifies this process, aiming to make masternode benefits available to a broader range of people.
As seen at the latest update, GINcoin's market capitalization rank is #1 with a market cap of $ 0.3M. The 24-hour trading volume is , and it has increased +4.14% in the last 24 hours.
There are currently 8.0M GINcoins in circulation. The maximum and total supply of GINcoin is at 8.0M coins.
GINcoin can be purchased at several cryptocurrency exchanges that are included in the Livecoin, CoinExchange, Cryptopia. As with any other cryptocurrencies, to buy GINcoin, you will first need to set up an account with one of these providers. After setting up an account, you can deposit your chosen fiat or cryptocurrency, and then exchange it for GINcoin.
Keeping your GINcoin safe involves the same best practices as with handling other cryptocurrencies. Using secure and reputable wallets, avoiding sharing sensitive information, using two-factor authentication (2FA), and being aware of phishing attacks are some of the steps to ensure your GINcoins are safe.
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