Cryptocurrencies are one of the safest ways to keep and transmit money. New tokens appear on the market regularly, and it’s not easy to select the best one, especially if you don’t have much experience in this industry. If you are interested in cryptocurrencies, pay attention to VectraCoin. This token is new but already well-known and can become useful for different purposes. Keep reading our VectraCoin review to learn more about this new release.
What Is VectraCoin
VectraCoin (VCT) is a brand-new cryptocurrency launched by the VectraNetwork team and its founder Marshall Ross. This token is developed on a multilevel blockchain, which allows it to combine smart contracts and anonymity. VectraNetwork is a group of developers based in England.
The development of the token started in May 2019. On October 19, the company launched a Vectra Coin ICO and sold 227 tokens that day.
As one of the founders of the projects says in the interview, they plan to sell 10,000 tokens and earn $1 million for the next improvement of VectraCoin.
Pros Of VectraCoin
Although VectraCoin is a new project, it already attracts lots of experts and traders. For example, in a VectraCoin CoinMarketCap news, professionals say that its price can go to the Moon. This statement is reasonable because this project has lots of pros, and here are the main reasons to buy VectraCoin:
- Fast speed. VectraNetwork processes up to 1,000 transactions per second. It’s much faster than the alternatives. For example, Ethereum processes 15 transactions per second, and the Bitcoin network processes only 7 operations. With VectraCoin you don’t have to wait much to transmit your tokens.
- Easy usage. You only need a smartphone to keep and transmit your Vectra Coins. The company offers users a safe and anonymous Vectra Wallet for these purposes.
- Safety. A VetraCoin algorithm is secure. All transactions are anonymous, and it’s impossible to access the user’s data thanks to the CryptoNote protocol.
- Decentralized system. Transactions aren’t regulated by a unified system. The founders of this project never share users’ private information with the government or third-party companies.
- Reasonable fees. Users don’t have to spend much on transactions, and this token is affordable because it has one of the lowest prices.
How To Buy VectraCoin
One more advantage of this token is that users don’t need to think of where to buy VectraCoin because they can do it via the site. Here is the instruction:
- Create a new account on the website.
- Confirm your email.
- Log in using your username and password.
- Go to the Buy page.
- Enter the purchase amount.
- Select the payment system. You can use BTC or ETH.
- Click Add Funds and wait for the coins to appear in your wallet.
VectraCoin Price Prediction
This token is a combination of usability, fast transactions, and safety, and its founders are constantly improving it. That’s why this cryptocurrency can become a profitable investment. It’s quite a new token, and there are not so many predictions about VCT. Yet, they’re mostly positive, and some well-known financial organizations, such as the FBC Fund, have already invested in it.
In December 2020, this token is traded for $100. VectraCoin price will rise, and many experts believe that a $100 investment can turn into a $1,000 one by the middle of 2021.
After all, VectraCoin is a new but promising cryptocurrency with lots of pros, including usability and safety. Users choose this coin for anonymous transactions, low fees, and high speed. Stay tuned for more news on VectraCoin and other cryptocurrencies on CoinJoy.
The content of this article is for informational purposes only and should not be construed as investment advice. We ask you to do your research.