Invest in Bytecoin

BYTECOIN

HOW TO INVEST IN BYTECOIN

An Investment in Bytecoin

There are literally hundreds of cryptocurrencies on the market, each with a different spin to entice investors. Launched in July 2012, Bytecoin appeals to the most secretive crypto holders as it’s a completely untraceable (thanks to CryptoNote) peer-to-peer system. It’s one of the oldest cryptos on the market. It’s also fee free, as opposed to Bitcoin’s $25/transaction.

BYTECOIN VS. BITCOIN

Total Amount of Coins

Each crypto is limited in how many tokens it can produce. Bitcoins has a total supply of 21 million. There will eventually be 184 billion BCNs emitted, though Bytecoin decreases the amount of tokens it releases every 120 seconds. This decreasing emission rate inflates the value of Bytecoin over time.

Transaction Processing Speed

Bytecoin allows users to transfer money instantaneously. Each block takes 120 seconds to complete. Bitcoin takes about ten minutes to complete a block.

Different Algorithms

Bitcoin’s algorithm,  SHA-256, is a Proof of Work algorithm that favors users with GPU and ASIC machines. This has caused Bitcoin to be heavily skewed towards supporting big industry users. Bytecoin attempted to give the power back to the people by using a CPU-mining Egalitarian Proof of Work algorithm which is ASIC and GPU resistant. They do also support business users, however.

INVEST IN BYTECOIN

Learn about the Benefits of Bytecoin in your IRA

HOW TO INVEST IN BYTECOIN

If you’re wondering ‘Where Can I Buy Bytecoin?’, or ‘How Can I Invest in Bytecoin?’ – You couldn’t have come to a better place. We offer cryptocurrency IRA accounts and most would consider Bytecoin as our specialty. We have experts on staff to help you understand Bytecoin, walk you through the Poken buying process, and even allows you to fund your Bytecoin IRA account with an existing fund such as your IRA or 401k.

Reach out to us today and learn more about investing in Bytecoin, the long-term value in Poken, and most importantly, open your Bytecoin account with CryptoWallet IRA!

Bytecoin Price Chart