What is RED coin?
Redcoin currency can be used in exactly the same way other crytpocurrencies out there are used. The only significant distinction is that it’s completely decentralized and controlled by its users who buy RedCoin.How to buy RedCoin? There are 2 ways of obtaining it: mining and trading.
All the trading and exchanging data is stored in a blockchain. Those who mine RED are contributing the power their computers consume to support the network of the RedCoin stock market. They receive their benefit in mine coins. The principle is simple: the more power you give, the more coins you get.
Nearly 200 coins are being generated every minute. RedCoin chart relies more on GPU mining. CPU-only method is still an option, but it’s 20 times more time-consuming.Using RED for payment is as easy as any other 3rd party payment system. You just trade RED from/to desired address using your RedCoin wallet. RED coin is widely accepted worldwide, and transactions cannot be reversed.
You can track RedCoin price live and get real-world profit from it by trading RED for BTC and then exchanging it for cash at online exchanges. The development of direct RED – USD exchange is underway.