What is Trustercoin Finance?
Trustercoin finance is a cryptocurrency that operates on the Ethereum blockchain. Similar to other cryptocurrencies, it can be used as a form of investment, traded as currency, and used to buy services or items. However, Trustercoin Finance is unique because it uses a fee-per-transaction model to build its value.
What Is the Value of Trustercoin Finance?
Trustercoin Finance’s value is determined by the network of miners and users who are willing to use it. Although this will likely remain as a secondary use, the fact that Trustercoin Finance is backed by gold means that its value will be anchored in real assets. In other words, there will be more real-world use cases for Trustercoin than most cryptocurrencies and therefore, more economic stability. This means that users can rest assured that their investment will be stable and secure over the long term despite the volatility in cryptocurrency markets.
1. Trustercoin Finance supports fast transactions with low fees
The TRUST system that powers the transaction model used in Trustercoin Finance is intended to support a large number of transactions at a very low cost. This makes it an ideal system for companies and people that want to make frequent but small transactions for their business or personal use.
You get to enjoy mobile-ready wallets, instant transfers, and quick execution with little or no fees on every transaction you make. You’ll also be able to spend or earn TRUST tokens with ease, as the value of the TRUST token built into the Trustercoin Finance system is backed by a physical commodity. Its real-world uses are a major factor in why it’s an ideal investment.
2. Trustercoin Finance supports high volume transactions
The TRUST system that powers Trustercoin Finance allows for very high transaction volumes at low fees. As mentioned above, the TRUST system requires regular fees to be paid to ensure its stability. However, you can use your TRUST tokens on any digital currency exchange, including Bitcoin and Ethereum exchanges, even if you haven’t used them yet. This means that you’ll be able to use the TRUST token for exchange transactions without having to pay a fee.
3. Trustercoin Finance is a gold-backed cryptocurrency
With an initial value of 1 TRUST being equal to 0.0001 grams of gold, you can rest assured that your Trustercoin Finance cryptocurrency will remain stable over the long term. This makes it an ideal investment, as you won’t be at risk of losing your principal when markets fluctuate. It also makes it a great way to buy and sell commodities, products and services, especially if there is no other way to pay for them with crypto tokens.
4. Trustercoin Finance is designed for lower transaction fees
The TRUST system that powers Trustercoin Finance is a solution to the problem of high transaction fees in blockchain platforms. This makes it a strong contender over some of the other cryptocurrencies in its space that have yet to offer any solutions to this problem. As such, you can get started with Trustercoin Finance with very little or no money at all! It’s the perfect way for new users to experience cryptocurrency and for companies to simply move their operations into a cryptocurrency platform.
5. Trustercoin Finance can be used to send gold
Because it’s backed by a commodity, you can use Trustercoin Finance to send gold. This means that even if the value of the TRUST token drops, or if you lose your wallet password, you’ll still be able to recover your gold. Think of it as a safety net which ensures that your investments will remain stable regardless of what happens in the crypto world.
6. Trustercoin Finance is easy to access
The team behind Trustercoin Finance is working hard on developing easy-to-use wallets for their users. In fact, they’ve already released an iOS wallet for early adopters and are more than halfway done with the Android wallet. You’ll also be able to access the network using your computer and a browser on the company site.
7. Trustercoin Finance makes it easy to know your cash flow
Unlike other cryptocurrencies, Trustercoin Finance offers you an immediate way of knowing how much you can spend and how much you have to spend. You’ll just need your phone to get information on your balance, transactions history and remaining TRUST tokens. This makes it ideal for businesses that need to keep track of their fiat currency spending as well.
8. Trustercoin Finance’s reward system is based on the gold price
The TRUST system that powers Trustercoin Finance rewards its miners with regular coins and a percentage of the gold deposited in its central mint. The percentage is based on how the gold price has changed over time. This means that you’ll always have a fair chance of being rewarded by the TRUST reward system, even if the crypto prices drop drastically. The team behind it have already launched a bitcoin mining initiative where you can earn TRUST tokens as well.