What you'll learn 👉
Introduction
LEOcoin Coin is a platform and a cryptocurrency, which wants to address the target group of entrepreneurs.
By providing a globally usable infrastructure, an extensive knowledge base and an accepted currency, LEOcoin Coin addresses founders in particular.
The focus is on privacy, which the company defines as the heart of the currency. The LEOcoin Coin Wallet enables anonymous transfer and communication.
In particular, LEOcoin Coin can create a high level of anonymity and security through encryption and “ring of trust” technology.
The company also relies on security guaranteed by the block chain.
A transactional transaction is therefore irrevocable and unchangeable. But especially the protection of manipulation is guaranteed by using the block chain.
To address the target group, the LEOcoin Coin has been developed in a user-friendly way.
Compared to conventional online banking, the use of LEOcoin Coin is simpler and easier to use.
The cryptocurrency is based on peer-to-peer technology. In addition, decentralization does not result in any transaction or bank charges when using LEOcoin Coin.
Who is behind the LEOcoin Coin?
The LEOcoin is developed by the LEOcoin Foundation, a non-profit organization that promotes the development and financing of LEOcoin.
The LEOcoin Foundation understands it as its highest task to create new possibilities to win more users for the cryptocurrency.
They also develop an open and extensible basis for LEOcoin so that the community can exert a significant influence on further development.
Dan Anderson is the Chairman of the Foundation and co-founder of Learning Enterprises Organisation Limited (LEO).
For him, the high transaction costs in particular are an obstacle to the growth of young companies.
His deputy is Bernard Landi, who at the same time played the role of CFO in several multinational advertising companies.
He is an absolute expert in finance and marketing and has extensive business relationships in the USA and Asia.
The third leader is Mihir Magudia, who has a high level of knowledge in the area of expansion.
He attaches great importance to disruptive business models. Magudia’s task is to establish new business relationships and improve the image of LEOcoin.
What is the vision of the LEOcoin Foundation?
The developers are pursuing a great idea with the LEOcoin, because LEOcoin was designed to become the world currency.
The LEOcoin also sees itself as a currency for entrepreneurs. In order to achieve this goal, the developers combine software development skills with an internationally accessible infrastructure, a high level of entrepreneurial knowledge, an international community and a platform that benefits from the strongest growth worldwide.
What is the market capitalization of the LEOcoin Foundation?
At present, the value of an LEO token is USD 0.366, bringing the total market capitalization to USD 23 million.
The daily trading volume is approximately USD 67k. In addition, 90 million tokens are currently in circulation and the currency ceiling is set at 100 million.
In addition, it is possible to obtain tokens through mining based on the proof-of-stake system. On 1 September 2017, LEO reached a high of USD 0.544 per token. Right now, it is sitting at $0.242832 USD per coin.
You can’t buy it directly for fiat on any exchange. You can choose the best BTC exchange for your region and buy BTC there, then trade it for LEO on exchanges. Read here how you can quickly convert other coins to bitcoin and the other way around.
Our recommendation is always check if Coinbase is available for your country and buy there – as it is by far the safest and best regulated bitcoin exchange. Coinbase has acceptable fees and limits and it is a leading platform for buying BTC.
If Coinbase doesn’t support your country, use Cex.io – read how Cex.io works – it is as good or even better than Coinbase. Coinmama is also legit exchange for buying cryptocurrencies – click here to visit Coinmama.
If your country is not available on Coinbase – check for best Coinbase alternatives (such as Cexio and Indacoin – see here Indacoin exchange review) and buy BTC on one of those exchanges. You can always exchange your coins on Changelly (see if Changelly is secure place to buy crypto), instantly and directly to bitcoin.
Best and safest option to store your coins is to download an official coin wallet and store it on a hardware wallet (if it is supported) – our recommendation is just go and buy Ledger Nano S, it is the safest option. You can read our article on how to use Ledger Nano S wallet and where to buy it or check out other top physical crypto wallets here. You can also create a paper wallet – learn here more about crypto wallets.
