HempCoin is a type of cryptocurrency focused in the agricultural field, which has the trillion dollar trade business worldwide but maintains its stability and value. HempCoin(THC) is one of the oldest cryptocurrencies which was developed in 2014. It describes itself as a digital currency for the Agriculture/ Farming Industry and Marijuana/ Hemp Industry.
What are the advantages of HempCoin(THC)?
HempCoin was created for multiple purposes. It can facilitate transactions between marijuana farmers and local dispensary shops. But why HempCoin and not USD? HempCoin runs on the Bitcoin core so that means the transaction will have a lower fee and farmers will receive its payment in HempCoins. The advantage for the farmer here will be that he can actually get a profit by holding those coins and selling them when the value is higher. HempCoin is also used for Agricultural trade which is a trillion dollar industry where if the HempCoin gain 2-3% share of it, it would gain a 500% increase in price or more. As agriculture is the most stable business, farmers, especially marijuana farmers will be benefitted highly from it.
How to buy and trade HempCoins?
Readers can go to hempcoin.org and get a link to bittrex.com. HempCoin is listed right now on Bittrex, one of the largest cryptocurrency exchange. One can go to this address https://bittrex.com/market/?marketName=BTC-THC to see the market cap and the 24h high and low prices of HempCoin and how to trade it. Hempcoin has an extremely cheap price right now, with a 251 Satoshi value. 1 Bitcoin equals 100,000,000 Satoshi and equivalent USD value is 16228.00000 USD. So, 251 Satoshi equals 0.04073228 USD, a very cheap price, which will be profitable to buy and hold the HempCoins because in 2018 all cannabis coins will pump 2 new highs 100X when Canada and California legalizes marijuana.
What is HempCoin Wallet?
HempCoin wallet is a freeware software which is used to store the HempCoins. The reader can download it from http://hempcoin.org/ and simply install it. One can deposit HempCoin in this wallet. The software is very helpful and also user-friendly.
Image citations & Article Sources
HempCoin
http://hempcoin.org
Crypto Exchange Insider
http://cryptoexchangeinsider.com
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