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How to Get Started with ByteCoin (BCN)

If you are a mid to long term investor who invest for good 1 to 3 years of period then not investing in ByteCoin (BCN) would be sheer foolishness. BCN is bound to grow 100 folds in next one year as all major exchanges would be listing it very soon along with Wallets like Jaxx have announced their plans to add BCN.  Leading online cryptocurrencies payment gateway GoURL is also adding BCN to the list very soon. So, the best time to invest in BCN is TODAY !! So how do you get started with BCN ? If you an existing crypto investor, You probably hold some BTC or other coins which can be traded for BCN on popular exchanges like HitBTC , Poloniex , Cryptopia . You can now either keep them in your exchange or bring them to your wallet.  USERS NEW TO CRYPTOCURRENCIES If you are a new investor and like me have decided to start investments journey with ByteCoin, then below are the steps to be followed -  Step 1 Get The Wallet Download the ByteCoin wallet for your OS ...

ByteCoin (BCN) Trading Now Open on Poloniex

If you are also one of the guys who waited for months to get BCN trading done on Poloniex then today is the time for you start. Yes, You can scream in joy and jump all you want.  Special Thanks to the BCN community and Team Poloniex for resolving it.  To mention a few -  @sydney40  @BCN_Official @CNTrade @ciscohite Special thanks to @jorritjaap for solving the wallet sync issue. and all our friends who signed the petition and voted for us on Poloniex.  Happy BCN Trading

Why ByteCoin (BCN) is Suitable for Long Term Investors

All transactions are carried out each 120 seconds. Miners ensure that the transactions are processed correctly and provide cryptographic protection of transactions and personal data. However, miners cannot access users' financial data since Bytecoin protects the identity of the sender and the receiver, and conceals the sum transferred. As a reward, miners receive roughly 65,000 BCN (Currently 4848 BCN) each 120 seconds. Such approach allows both new money emission and zero-fee transactions. Bytecoins are gradually getting more expensive over time, since the emission is limited to 184.47 billion BCN. The number of Bytecoin emitted each 120 seconds is slightly decreasing. As a result BCN gains value and exchange rate increase. While currencies with sharp decrease of reward per block are exposed to intense declines in network power, Bytecoin emission is decreasing slowly, which protects the currency from economic shocks.