Which Cryptocurrencies are Available on Koinal?
Koinal is a platform that will cover all your needs. So, before we begin, let us take a closer look at which cryptocurrencies are available on Koinal.
What is Koinal?
Before jumping into what Koinal has to offer, it is a common courtesy to explain what Koinal is.
Koinal is a London-based payment organization that bridges two worlds for its customers: the world of paper money and the world of electronic money.
At Koinal, we provide you with a secure and fast channel from where you can instantly buy Ripple, Ethereum, Bitcoin, Bitcoin Cash, and Litecoin.
Koinal allows the purchasing of cryptocurrencies through fiat money. Besides, with its partnership with Binance, users can now purchase mentioned cryptocurrencies using debit and credit cards or Visa and Mastercard.
Binance Teams Up with Koinal
You must be wondering why haven’t we started finding which cryptocurrencies are available on Koinal? This is because Binance, a leading blockchain and cryptocurrency exchange system, has a partnership with Koinal. This means that not only has a partnership has opened new payment methods for Koinal, but it also has enabled its users to buy other digital assets.
Introducing this new service, CEO of Binance, Changpeng Zhao, said: “freedom to convert easily between fiat and cryptocurrency is key to bringing crypto further mainstream.”This means that the adoption of crypto by masses is the sole purpose of this collaboration.
Major Cryptocurrencies Available on Koinal
Bitcoin is a type of electronic cash, often referred to as cryptocurrency. It was first introduced in a whitepaper by Satoshi Nakamoto, whose identity is still in the dark.
It is a decentralized virtual currency that does not require intermediaries and can be sent to users from a peer-to-peer network.
You can either purchase bitcoin or create them. At Koinal, we offer various credit card payment channels from which you can buy Bitcoin.
To create bitcoin, you need a powerful computer that can solve complex mathematical equations. Once you find the solution, you will be rewarded with a Bitcoin.
You don’t want to solve math problems? Then what are you waiting for? Head to Koinal and start purchasing Bitcoin!
Bitcoin Cash (BCH)
Bitcoin Cash, similar to other cryptocurrencies, Bitcoin cash, is a form of digital currency that originated from Bitcoin’s fork.
Bitcoin Cash brings increased block size, which means you will have faster transactions at lower prices. The term ‘cash’ is used because it utilizes the native Bitcoin Cash client.
Ethereum is a public, open-source, and decentralized computing platform which is based on blockchain technology. Similar to other blockchain technologies, Ethereum has its own cryptocurrency called Ether (ETH).
ETH is similar to Bitcoin and has almost the same features. It is a virtual currency that can be sent to anyone and anywhere, instantly.
Furthermore, Ethereum is decentralized, means it is not controlled by a company or a government.
But unlike other cryptocurrencies, Ethereum is programmable and developers can use it for developing new applications. At Koinal, we know the true value of Ethereum. Visit our website to learn more about our services.
Litecoin is an open-source, peer-to-peer decentralized currency that allows almost-zero cost and instant payments.
The Litecoin networks are secured through the power of mathematics, and individuals can manage their finances. With its excellent liquidity, trade volume, and industry support, this cryptocurrency has proven its worth.
Ripple, previously known as OpenCoin, is a technology that is not only a digital payment network but also a cryptocurrency.
Ripple is more famous for its seamless payment protocol that allows smooth money and cryptocurrency exchange.
Unlike other cryptocurrencies that operate on a proof-of-work system, Ripple works on consensus protocol to avoid double-spending.
Now that you know which cryptocurrencies are available on Koinal, you can easily find what interests you the most.
As the blockchain industry matures, at Koinal, we will continue to add new digital assets to its list. So, make sure to visit Koinal regularly.
So, what are you waiting for? Follow Koinal and start purchasing crypto!