TrumpCoin is a cryptocurrency designed to support the 45th President of the United States, his vision of the future of the country and consequently, h
TrumpCoin is a cryptocurrency designed to support the 45th President of the United States, his vision of the future of the country and consequently, his goals. The coin aims at making a contribution to achieving a rather idealistic view of the States’ future. The main objective of Trumpcoin is to provide support for the development of America in order to become an even more thriving, wealthy and secure country. Additionally, Trumpcoin’s team claims to be raising money for causes such as helping and feeding the homeless and the poor, fighting against corruption, supporting the veterans and much more.
Trumpcoin is a relatively new cryptocurrency that was launched on February 20, 2016. It is the first altcoin that has become an actual CauseCoin that is planning not only to support Donald J. Trump but also to start a whole fundraising election campaign with cryptocurrency. Trumpcoin has a relatively low market capitalization which makes it cheap and accessible for everyone. It has negligible transaction fees that enable people to execute all kind of money transfers – from large to very small, almost without being charged at all. Furthermore, Trumpcoin payments are quick and are confirmed in just a few minutes.
Trumpcoin has a gradually growing coin supply which is increasing at a fixed rate or 2% per year and a current supply of about 6.5 million coins. The cryptocurrency is sustainable and energy saving because it does not need to be mined by consuming a lot of computer power. With the proof-of-stake algorithm, people only need to leave their wallets active and open in order to receive a reward of 2% annually for contributing to the network. Trumpcoin wallets offer people a safe place to store money. Currently, there are four wallets available – a paper one and three others that can run on Windows, Mac and Android. For now, users can only store coins in their wallets until they are fully synchronised with the Trumpcoin blockchain that enables actual transactions.
Trumpcoin can be traded for Bitcoins on several online exchange markets such as C-Cex, Cryptopia, Nova Exchange and Yobit. The cryptocurrency is mainly supported by its volunteer community of developers who are working in order to make the coin successful. Private donations also play an important role in the popularisation and development of the Trumpcoin. Regular people can also contribute to the growth of the currency by buying different items on the online merchandise store which can be found on the Trumpcoin’s official website. Customers can buy t-shirts, mugs, phone cases and bags with the logo of the coin. All the profit made out of this will be invested in the technical development of the Trumpcoin.