What is Champcoin: You must have surely heard a lot about Champcoin from your friends or family. But most of the people do not know what is Champcoin exactly, How to use Champcoin, How to Buy and Sell Champcoin and most importantly Champcoin Live Rate.
So if you are also having all these questions, then do not worry as I will clear all your doubts regarding Champcoins. I will try to make this article a full guide about Champcoin so that you get to know everything about it.
Before talking about Champcoin(TCC), I will like to throw some light on Bitcoins. I hope you already know what it is and if not then do not worry, as I will tell you about that as well.
Bitcoin is a Decentralized Digital currency which you can send, receive or buy products with. Bitcoin is the world’s first cryptocurrency and was founded by Satoshi Nakamoto in 2009. Bitcoin was just Rs. 0.20 when it was launched and currently 1 bitcoin is worth Rs. 971062.12 (January 3rd, 2018)
Confused? Don’t be! I will tell you all the thing step by step.
To Buy/Sell Champcoins Call/Whatsapp: 8302113054
What is Champcoin (TCC)?
Champcoin is a Digital Currency which you can use to purchase various products and transfer from one account to other. Champcoin is similar to Bitcoin and was launched in January 2017.
The transaction in this currency is person to person, hence there is no governmental body like Banks, RBI or any clearinghouse. This currency is pre-mined and is not owned by anyone just like no one owns the internet.
A total number of 100 Crore Champcoins will come into the market in next 4 years. These are made electronically by using various crypto techniques, thus this currency is very safe and secure.
Champcoin was launched in January 2017 and was Rs.020 per champcoin but currently, each champcoin is worth Rs.6.53. Moreover, Champcoin is a company of Chamcash App.
How The Price of Champcoin Increases?
If you are thinking about how the price of champcoin increases 100%, then I must say that you are very smart.
As I already told- the total number of coins that will come into the market is limited. So it works on Demand and Supply law. Since there was the demand for Champcoins(TCC) in the market, the price of Champcoin increased rapidly. And since people are interested in buying these coins, the price will keep on increasing day by day.
But the price of TheChampcoin can reduce as well, when people start selling it or when people might not trust it. It is like a stock which might go up or down anytime.
How Can I use ChampCoin App?
If you are willing to use Champcoin app and try your luck, then you must surely do. Champcoin (TCC) is available only on Android platform so you need to Download the App.
Just follow the below steps to use ChampCoin App:
- First of all, Download TheChampcoin App(TCC)
- If you are an existing user of Champcash App, then use your Referral id and Password to sign-in
- And if you are a New user then sign up using your details.
- Just Enter your 6 Digit Pin(Just note it down, as it is very important to sign-in)
- Answer any two security Questions.
- On the next page, you will get your TCC Exchange wallet address.
- Your TCC Wallet Address will be a 34 digits Code like (lkjd98jkcbal61lfvqpvl3qpl09hgs7ng)
#Tip: Make sure to write your TCC Wallet Address and Pin code at a safe place. If you forget your pin, your Champcoins will be gone forever.
How to get ChampCoins from Chamcash App?
If you are an existing user of Champcash then you must be familiar with Champcoins. Moreover, if you have some money in Champcash, then its a good news for you that you can convert your champcash money into Champcoins.
Champcash allows you to easily transfer your money in the form of Champcoins.
Just follow the below steps to convert Champcash Money to Champcoins:
- First of all, you need Champcoin(TCC Wallet) Address
- Now Open your Champcash Wallet and Click on Redeem
- In Redeem section, select Champcoin
- Now, Enter your TCC Wallet Address (34 Digit Address)
- Just enter the amount that you want to transfer and Click Submit.
- You will receive your Champcoin in your Champcoin Biz Wallet within 20 Days after redeeming.
I hope you have now understood how to transfer your money into Champ coins.
Champcoin Live Rate = Rs. 6.53
The price of champcoin is going up and down and if you are planning to buy Champcoin, then make sure to buy them at the lowest price. As I already told you that the price will go up and down regularly. So Just make sure to buy at the lowest price.
You can know about the Live Rate of the Champcoin from the TCC Exchange app itself.
Currently Champcoin Live Rate = Rs.6.53
The price of champcoin is going high as the Bitcoin price is also going very high.
Why Buy Champcoin?
As you know the price of Bitcoin was merely Rs. 0.20 when it was launched but within 5 years it went around Rs.80000. Similarly, The price of Champcoin might go up and you may be able to earn a lot of money from it.
But apart from this, there are no benefits of buying Champcoins.
Why not to but Champcoins?
Though you can earn money with Champcoins, there are huge chances that you might lose your money too.
- There are a lot of Coins(Cryptocurrencies) that came into the market and then vanished
- It is very difficult for a currency to survive in front of Bitcoin, Ethereum, Dash etc.
- There is no direct way of buying Champcoins.
- Champcoin has its own wallet which can be an issue in a long run. Because other currencies are made by developers and then traded amongst users.
- There is no “white paper” about Champcoin. Moreover, A White paper is a report giving information.
Verdict about Champcoin
Champ Coin is a new way towards Digital currency in India but it has a lot of flaws right now. Although you might be thinking that its prices are going up day by day and you should also make some profit by purchasing them, it is a risky way.
If things go wrong, the prices of Champcoin will slash down like a rolling stone and your money will be gone. Apart from that, the Champcoin developers will lose their money as well. So, before investing your money, just think twice and do not come under anybody’s influence. Otherwise, people would be rallying on the roads just like that in the case of Social Trade.
I hope that you must have understood everything about Champcoin, Champcoin Live Rate, How to Buy Champcoin, How to Buy/Sell Champ coin biz. Make use of the information and be wise at handling your money.