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YoCoin, a decentralized P2P digital currency created to allow people to store and invest their wealth in a non-government controlled currency, while delivering attractive interest on investment has attracted investors’ attention recently.
As with Bitcoin, the YoCoin ethos is to provide financial freedom to those looking to get out of the world of banking and the centralization that comes with it, where the concept of customer care and security of information no longer exists.
YoCoin can be used to transfer money to friends and family, as well as to pay for goods and services, giving the holder complete freedom to transfer from one wallet to another in a safe and secure manner.
For businesses looking for an alternative to credit and debit cards and cash payments, YoCoin offers a cheap and secure platform, with no charge backs, low fraud and none of the form filling exercises and compliance checks that businesses and consumers have to go through to open an account and manage fund transactions.
YoCoin is also launching a ‘plug and play’ merchant platform to make it even easier for businesses to accept YoCoin as an alternative payment system.
Launched in 2016, YoCoin had an impressive end to 2017 and start to 2018, with YoCoin rallying from an end of September 2017 $0.001215 to a year-end $0.056882 and to $0.068136 as at the time of writing.
While YoCoin’s current market price sits well below its mid-2016 $0.343787 peak, the outlook is bright and with Bitcoin’s speed bumps, the current rally reflects the upbeat sentiment towards the capabilities and the future of YoCoin.
For those interested in YoCoin and all that it has to offer, the YoCoin website has a wealth of information and also provides a list of exchanges and wallets to help kick start the YOLife, also you are welcome to email [email protected] for any questions.