What Is Mooncoin Coin (MOON)?

Introduction

Mooncoin Coin is a proof-of-work based cryptocurrency that is mainly used for micropayments.

The company behind Mooncoin wants to make the cryptocurrency easily and securely accessible to everyone.

Mooncoin currently has a market capitalization of USD 7-9 million. Every day, around USD 4-8k is invested in the currency.

The current exchange rate per Mooncoin coin is USD 0.000034 (as of 24.11.2017). It is available on the digital exchanges Bleutrade, Novaexchange, C-CEX, CoinExchange, and CoinGather.

Mooncoin Coin – The Cryptocurrency

The Mooncoin platform is primarily designed for making micro-payments.

It is easy to use, making it easy for everyone to get started. In the meantime, the currency has been on the market for over three years and has continued to develop.

There will be a total of 385,000,000,000,000 coins. This is the average distance from Earth to the Moon and has given the currency its unmistakable name.

Since the currency was first released on the market, annual inflation has always been below 2%. The developers of Mooncoin Coin have so far implemented two major projects:”MoonWord” and “SmartLikes.”

MoonWord is a programming language. It is simple and free of charge. With the help of these, coins can be sent to your mooncoin address without a third party being involved or controlling it.

The voice is used to encrypt or record data on the Mooncoin blockchain. Up to 7 symbols can be used in one operation.

The project “SmartLikes” deals with the monetization of “Likes.” This means that money can be made from it, by creating content that is also the subject of many other people’s problems.

Mooncoin Coin

However, it is not only SmartLikes that can make money, but also the mining of the cryptocurrency.

Mooncoin Coin is based on a proof-of-work algorithm and the block time is 90 seconds per block. Mooncoin is also characterized by low transaction costs and a large coin supply.

Mooncoin Coin – The Company

The founder of the company is not much to say, except that he bears the nickname “deaconboogie.”

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The company’s philosophy is to develop a user-oriented and decentralized cryptocurrency.

It should not be “hyped over” and not accessible for criminal activities. Mooncoin appreciates the collaboration and development with and from its community, which has a global reach.

It wants to provide its users with a light, the reliable and transparent cryptocurrency that is faster than Bitcoin.

Mooncoin Coin has been designed in such a way that the platform is completely flexible and users can build and develop their projects within the Mooncoin system.

The platform is intended to be a tool to help all its users in every respect.

Conclusion

Mooncoin Coin is a cryptocurrency that specializes in micropayments.

The associated platform is intended to provide users with easy and transparent access to the blockchain so that they can fully exploit the advantages of the blockchain and earn money or develop their projects.

You can’t buy it directly for fiat on any exchange. You can choose the best bitcoin exchange for your region and buy BTC there, then trade it for MOON on exchanges. Learn here how you can instantly convert altcoins to bitcoin and vice versa.

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 is legit and safe cryptocurrency exchange.

If your country is not available on Coinbase – check for exchanges that are good Coinbase alternatives (such as Cexio and Indacoin – see here Cex.io review and Indacoin review) and buy BTC on one of those exchanges. You can always exchange your coins on Changelly (see if Changelly is legit), instantly and directly to BTC.

Best and safest option to store your coins is to download an official coin wallet and store it on a hardware wallet – our recommendation is just go and buy Ledger Nano S, it is the safest option.You can read our review of Ledger Nano S or check out other best hardware wallets here.


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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

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