What is EuropeCoin? What Does ERC Do? - Coinleaks
Current Date:November 7, 2024

What is EuropeCoin? What Does ERC Do?

EuropeCoin is a unique cryptocurrency focused on widespread adoption in Europe. It plans to make extensive integrations with online and physical real-world traders across Europe. In this article, as Kriptokoin.com, “What is EuropaCoin?” We will answer the question. In addition to these, we will touch on all the questions about the project.

What is EuropeCoin? What does ERC do?

The project aims to become the official cryptocurrency of the European Union. In addition, it is among its goals to shift the economy of the union to the 21st century and make it a more economically compatible unit. EuropeCoin was launched in 2014 as a fork from NovaCoin. In 2016, this cryptocurrency was renewed with a new developer, Matthias Klees. He then restarted the project. The project is currently a pure PoW cryptocurrency based on Bitcoin code and forked from HOdlcoin.

What are the features of EuropeCoin?

  • Unique purpose: Among the hundreds of altcoins, it is one of the few coins with a tangible purpose. It aims to grow the European Union economy with Blockchain-based technology, where trade happens instantly, securely DApps across the European Union and around the world. This doesn’t bother everyone with long contracts or trade restrictions. It will create an unrestricted and distributed economy in which it can transact and trade within the Union.
  • Simple to adopt for regular users: ERC has many features similar to real world banking institution such as compound interest for balance in your account and time-fixed deposits. These concepts are especially easy to understand for people who do not have any technical knowledge.
  • FinanceCloud API: EuropeCoin’s innovative feature is the FinanceCloud API. This technology works to bring together the economies of Fiat and Blockchain-based currencies. The DApp is intended to be a peer-to-peer and cryptocurrency-independent solution. This in-development service aims to provide a centralized, cloud-based solution for managing all of a user’s assets on the Blockchain, from wallet balances to DApps and smart contracts. It also provides a currency-neutral API to allow cross-Blockchain transactions and DApps that decentralize the economies of the future.

How to buy ERC?

The largest exchanges traded with ERC; Bittrex is Coinexchange and CREX24. These steps can be followed to buy coins. First of all, access the web/mobile application of the ERC listing exchange you selected as the first step. Then complete the account opening steps. Complete the next step, the authentication and approval process. Follow the next step, the deposit steps. As the last step, choose ERC with the balance amount you want and create a buy order. Store it in your trusted accounts.