Monday, 9 January 2017

What Is ONECOIN?


Onecoin is a crypto currency like bitcoin. You can also call it digital money for transactions. Just the way you use paper money.


ONECOIN FREQUENTLY ANSWERED QUESTIONS

Q] How do I invest in onecoin?

A] You buy a cryptocurrency education package or combination of packages that you can afford. This comes with free tokens which are in turn used to mine Onecoin.  The higher the package you buy the more tokens you receive.

Q] How do I pay to get the package?

A] You can pay for packages through bank wire transfer, perfect money or gift codes from older members.

Q] What do I do with the tokens when I buy them.?

A] You wait for your tokens to split (a split occurs every 10 to 12 weeks). The split doubles the number of your tokens before you send them for mining.

Q] Will the split take place immediately after buying the tokens?

A] It depends on when your package is bought.
There is a split barometer that reads on the site. When its filled a split occurs. It could take a few days.  Split barometer indicates when a split will occur. When it hits 100% there is split
Your initial tokens will double after split.

Q] How do I go about the mining after getting a split?

A] From your back office you go to MENU. Then click on EXCHANGE, then choose the blue box MINING. You can submit the number of tokens you have, and answer Yes.  The process of mining is as simple as that. Here is a video that shows you how here 

Q] When I submit my token for mining how long does it take for me to get the coins?

A] It takes about 3 months to return as coins.

Q] Is this the last process?

A] Yes. That is the last process.

Q] What is the advantage of waiting for a split?

A] To double your tokens, So that you have more coins

Q] I forgot to ask how many token makes a coin after mining?

A] This is determined by what we call Difficulty level in Onecoin.

Q] What is difficulty level?

A] It is the  number of tokens require to mine a coin. At present it is 70. It increases from time to time. It started as 5 in January 2015 when the first set of coins were mined. The more the difficulty level increases the more valuable the coins get.

Q] So at 70, if I mine 5000 tokens, I get 5000/70 = 71 Coins

A] Exactly

Q] What is the current value of the coin?

A] €6.95

Q] Hope the price of coin do appreciate over time?

A] Sure by December 2016 we expect the value to be €15 or more.

Q] What was the value when you joined? Has there been any increase?

A] When I joined (February 2016) it was €4.70 per coin. Last year May, the value was €1.90. Today its €6.95

Q] How do I sell my coins after processing it?

A] You can sell your coins inside our internal exchange, by end of this year you can use your coins to buy tangible products from merchants who will accept your coins, or exchange for paper currency on other external exchange platforms. You can also load your coins into the Mastercard directly for withdrawal.

Q] Lastly, do I gain anything when I introduce this opportunity to a friend?

A] Yes. You can make weekly bonuses if you decide to share the opportunity with others. But this is not a requirement. You choose either to be pure investor or you want to share.

Q] Why should I log in?
A] Because you want to kick a jackpot. Sign Up Here or through the Website




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1 comment:

  1. Thanks for the post... I've been waiting to read a post like this. I will give a try but next time always embedd your referral link or you want you want to render a free services...? Lol

    ReplyDelete

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