MagiCoin is a cryptocurrency that has been in operation since 2014. This cryptocurrency was founded by Magi coin and has been operating in the market
MagiCoin is a cryptocurrency that has been in operation since 2014. This cryptocurrency was founded by Magi coin and has been operating in the market globally. It can be mined through CPU and has a detailed documentation on the mining process. It also has a wallet that encourages its users to earn coins by using it. When it comes to security, the cryptocurrency has not had any significant issues that could harm its reputation as a secure option. A number of merchants accept Magi coin and it is also traded fairly widely. Here is a quick look at coin Magi.
Basic info about MagiCoin
Coin Magi operates in the global market through peer-to-peer networks. It was launched to specifically address the issue of instant payments in the online community. Since being launched, it has seen growth in various markets. As of 2017, a number of merchants are actively accepting this coin and various exchange sites trade the coin. The cryptocurrency has a distinct algorithm that claims to even out the mining market by giving a fair chance to smaller miners. The big community behind the development of the coin attests the success of the cryptocurrency to this algorithm.
Magi coin is traded in a number of sites which are listed and updated frequently on coin trading sites. The coin enjoys a fair distribution among its community and is accepted by a number of merchants globally. The coin has a unique verification process for payments where instant payments are involved. Magi coin’s value and price are not the biggest considering its age in the market. It is, however, stable enough to maintain a consistent price in most markets. Various indices provide the specific values of the coin on a daily, monthly and annual basis. Comparison charts and news also exist in plenty. Finding current information about this cryptocurrency is thus not a hard task.
To sum up
Magi coin has been in operation for a while and has seen growth. The coin is mined in a fair environment dependent on proof-of-mining. It has especially been attractive to the wider demographic since it does not promote a steep technical curve. The security standing is also good and there is a substantial community behind it. Information about the coin is not limited anymore. Its wallet feature has rewards for staking coins. The market price of Magi coin changes depending on its updates and the changes in the cryptocurrency market.