For many, not every cryptographic currency out there offers the service they would expect from this new tech currency. But there is always the aspect of safety too, especially with most transaction and storage of these currencies being virtually online-based. So how can you be sure you are safe?
There is only one way, having the right site to turn to. And if you have been shopping around, you might be aware that finding such an option is not an easy task. It is always wise to be safe. And what better would it be than checking out this review before you jump into Skeincoin SKC so you can be sure whether you are in for the real deal or you should keep distance.
Without much ado, let’s look at a few things about this site that can help determine whether it’s worth every cent of your investment.
What is Skeincoin SKC?
Skeincoin SKC is a type of cryptocurrency founded in 2013 by Red Kendra. Its symbol is SKC and uses the SkeinSHA2 algorithm. And just like any other cryptocurrency out there, its coins come in a limited number. The user can make the most of it by trading or exchange it with Bitcoin or any other cryptocurrency in the exchange market for these currencies.
Above all, it is gaining ground in popularity, and making its way to the list of top thousands of cryptocurrencies in the market.
Why Skeincoin is Unique
One thing that makes this cryptocurrency unique is the fact that it uses Skein hashing algorithm, which is used along with SHA256 to serve as a proof of work. Moreover, Skeincoin hashing is quite fast, and it can be done for GPU, CPU, and ASIC. Currently, the currency is in circulating supply of 16.2 million, but its gross total is 17 million coins.
What Can Be Exchanged With Skeincoin SKC?
Well, this currency can be exchanged with several other cryptocurrencies out there, from Bitcoin to Litecoin and Dodge among others. What’s more, you can also store it in different wallets. These include a Windows X86 Wallet and Windows X64 Wallet.
Better yet, if you are into mining, you can as well mine this cryptocurrency using pools such as cryptotastic and pool.nosekefik, which is one of the factors that make it a perfect example of a blockchain tech, only that this one is considered to be of the new age.
And There’s More…
You will usually find something more interesting about Skinecoin since it has different strengths and weaknesses, as well as different places where you can trade it too. But what is of most interest among all is the wide range of its prices. One SKC is equivalent to $0.139, and €0.0114, ¥19.14 and £0.1026.
So, Is Skeincoin SKC Legit?
The good news is that looking at the characters that this cryptocurrency portrays, it is quite apparent it is something to be reckoned with when it comes to considering whether it is genuine or not.
The fact that you can mine it means it is in control of the users and not determined by any centralized authority, which makes it almost impossible to compromise. And we can say beyond reasonable doubt this cryptocurrency is something that you can count on and use confidently.