SitKoin is a new cryptocurrency that uses the blockchain technology. It is based on the Ethereum platform and uses the ERC20 token standard. The SitKoin coin is intended to be used as a means of payment for goods and services online.
The Founders of SitKoin (SIT) token
The SitKoin founders are David Siegel, a serial entrepreneur and investor, and Alex Mashinsky, the founder of BitInstant and CEO of Celsius Network.
Bio of the founder
The SitKoin coin founder is a computer scientist and entrepreneur. He has over 20 years of experience in the technology industry, including 10 years as a software engineer. He is also an experienced business executive, having founded two companies.
Why are SitKoin (SIT) Valuable?
SitKoin is a new cryptocurrency that is based on the Ethereum blockchain. It is designed to provide a more efficient and secure way to pay for goods and services online.
The SitKoin team believes that the cryptocurrency will be valuable because it will be used by businesses and consumers to make transactions without having to worry about security or payment processing fees.
Best Alternatives to SitKoin (SIT)
1. Ethereum (ETH) – One of the most popular cryptocurrencies, Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.
2. Bitcoin (BTC) – The first and most well-known cryptocurrency, Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto.
3. Litecoin (LTC) – A popular alternative to Bitcoin, Litecoin is an open source peer-to-peer digital currency that uses scrypt as its proof-of-work algorithm.
4. Ripple (XRP) – Another popular cryptocurrency, Ripple is a global settlement network built on the blockchain technology. It allows for fast and secure global payments with no chargebacks.
Investors
The SitKoin team is composed of experienced entrepreneurs and developers with a strong focus on blockchain technology. The team has a deep understanding of the technology and is committed to using its expertise to create a successful SitKoin platform.
The SitKoin platform will allow users to easily purchase and sell goods and services using cryptocurrency. The platform will also provide users with access to a wide range of goods and services, making it an ideal choice for online shoppers.
The SitKoin platform is currently in development, and the team plans to launch it in early 2019.
Why invest in SitKoin (SIT)
There is no one-size-fits-all answer to this question, as the best way to invest in SitKoin (SIT) will vary depending on your individual circumstances. However, some potential reasons why someone might invest in SitKoin (SIT) include:
1. hoping to gain exposure to the growing cryptocurrency market
2. seeking long-term capital gains and/or investment returns
3. looking to support the development of the SitKoin platform and its associated ecosystem
SitKoin (SIT) Partnerships and relationship
SitKoin is partnered with a number of different organizations, including Bitnation, a blockchain-based global citizenship platform; and Bancor, a decentralized liquidity network. The partnerships help SitKoin expand its reach and provide users with additional opportunities to use the coin.
Good features of SitKoin (SIT)
1. SitKoin is a new cryptocurrency that uses the blockchain technology.
2. It has a unique algorithm that makes it difficult to counterfeit.
3. It has a low transaction fee, making it an ideal choice for online transactions.
How to
To start, you need to buy some SitKoin. You can purchase them on the SitKoin website or on various cryptocurrency exchanges. Once you have purchased some SitKoin, you need to create an account on the SitKoin website.
Once you have created your account, you will need to input your personal information. This includes your name, email address, and password. Next, you will need to input your Ethereum address. This is where you will send your SitKoin transactions.
To start trading SitKoin, you will first need to find a cryptocurrency exchange that offers SIT/USD trading pairs. Once you have found an exchange that offers this pairing, you can start trading SIT/USD.
How to begin withSitKoin (SIT)
The first step is to find a reliable exchange where SitKoin is available. There are several exchanges that list SitKoin, but some are more reliable than others.
Once you have found an exchange where SitKoin is available, you can begin trading. To start trading, you will need to create an account and deposit funds into your account. Once you have deposited funds, you can begin trading SitKoin.
Supply & Distribution
SitKoin is a digital asset that is used to purchase goods and services online. The SitKoin token is an ERC20 token that is used to pay for goods and services on the SitKoin platform. The SitKoin platform is a decentralized e-commerce platform that allows users to buy and sell goods and services. The SitKoin platform is based in Singapore.
Proof type of SitKoin (SIT)
The Proof type of SitKoin is a proof-of-stake cryptocurrency.
Algorithm
The algorithm of SitKoin is a Proof-of-Stake algorithm that uses a unique hashing algorithm, called SIT. The algorithm was created by the team at SitKoin, and it is currently in development.
Main wallets
There are many SitKoin (SIT) wallets available, but the most popular ones are the Electrum and MyEtherWallet wallets.
Which are the main SitKoin (SIT) exchanges
The main SitKoin exchanges are Binance, Kucoin, and Bitfinex.
SitKoin (SIT) Web and social networks
- Web
- subReddit
- Github