Canada eCoin (CDN) is an open-source cryptocurrency that seeks to provide efficient transactions. The cryptocurrency maintains a public blockchain whi
Canada eCoin (CDN) is an open-source cryptocurrency that seeks to provide efficient transactions. The cryptocurrency maintains a public blockchain which is open for access. There are a number of other features that also make this alternative currency a strong contender in the market. As its name suggests, the team behind the development is Canadian. It is traded in a number of exchanges and you can also use some approved wallets to store and make transactions with the currency. There are many facets to this cryptocurrency and we will look at some of them in the following sections.
Basic Info about Canada eCoin
The Canada eCoin is a result of a 2015 development project based in Canada. The coin has integrated a number of technologies into its development process. The key feature of the coin is that it is user-focused. This means that its development is geared towards providing a good experience for the clients. The development team claims that the incorporation of important algorithms has ensured that the coin is several times faster than Bitcoin. This means that confirmation of transactions is fast, convenient and efficient. The coin also features a number of privacy and security features.
Canada eCoin Trading and Market Information
This cryptocurrency is traded in a number of online exchanges. The main exchanges include Cryptopia, Bleutrade, and Nova Exchange. Looking at the information on the trade volumes, the cryptocurrency has a healthy level of trading. Information on the trading specifics can be found on platforms like coin market. In terms of the market capitulation, the currency has a volume of over half a million dollars as of May 2017. This market cap represents the results of a growing trend in the recent months of the year. Pertaining mining, the cryptocurrency can be mined via a number of pools where merged-mining support is provided.
Wallets, Resources, and Other Information
You can be able to use a number of wallets with Canada eCoin, the most recommended wallet, however, is Coinomi. This wallet is available on multi-platforms including android and apple. Other wallet options for desktop users are also available. Other resources available include a number of merged-mining avenues in Canada and the rest of the world where payouts are made on a regular basis. Being an open source cryptocurrency, there is no shortage of information on the various forums and official channels for users who want to utilize the product.
To sum up, Canada eCoin (CDN) is a relatively new alternative cryptocurrency which seeks to provide a fast and efficient choice to users. The currency is a different kind of option in a market that is exceedingly getting crowded with alternative coins. This cryptocurrency comes with important features that make it a unique option for Canadian users as well as global users. There is an active community that supports the development of this coin and the entire market and atmosphere around the cryptocurrency can be termed as healthy. The coin has had a commendable growth in the markets and users can only hope for a sustained trend in future.