#Spectrecoin (soon going to be rebranded to a friendlier name) will put a much bigger emphasis on usability and newbie-friendliness, in order to achieve mainstream adoption. It's the first truly private Proof-Of-Stake cryptocurrency. Make sure to not miss the train 😉 #cryptocurrencies #crypto #privacy #bitcoin
@techit I've been a member of the Spectrecoin community for a long time! Similar for a few other projects.
@gandalf86 also how do you store and keep track of all the coins you own?
@techit I store the coins in the respective wallets on my PC. I usually don't trade much so there is not much to keep track of 😉 I just buy and HODL, and then eventually sell them.
@gandalf86 how could I mine this thing
@techit Spectrecoin is Proof of Stake, you can not mine it. Coins are generated by user wallets that already own coins. It's much more energy friendly than mining.
@gandalf86
Then where did you buy it?
@techit Livecoin I think? Or Cryptopia? Not sure, that was a looong time ago. 😁
@gandalf86 how many altcoins you've got?
@techit Right now only 5 plus a couple of old coins that are dead nowadays. How about you? You seem to be very interested in altcoins 😀
@gandalf86
Hua find it hard to get my first crypto... kyc and aml everywhere, I could just try someone from the street who could cheat me
@techit Livecoin is a pretty solid exchange, has many coins and does not have KYC as far as I know.
@gandalf86
How you send them the money?
@techit On most altcoin exchanges you can deposit the currency your altcoin is trading against. For example most coins trade against Bitcoin (BTC), so you can deposit BTC to buy the desired altcoin.
So the normal workflow is, first you buy BTC on a big Bitcoin exchange for fiat money, and then transfer the BTC to an altcoin exchange to buy altcoins.
@gandalf86 where you bring all of those coins from