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Bitconnect coin Review

Bitconnect coin Review

Using the Bitconnect Exchange platform, you can exchange BCC to bitcoins directly with no central organization involved. BCC Exchange allows members to buy and sell Bitconnect coin (BCC) directly to and from each other.

What is bitconnect

​BitConnect- A self regulated Financial system​

BitConnect is an open source all in one bitcoin and crypto community platform designed to provide multiple investment opportunities with cryptocurrency education where it is entirely possible to find the independence we all desire, in a community of like-minded, freedom loving individuals who, like you, are seeking the possibility of income stability in a very unstable world.

What Determines, Affects, and Influences BitConnect coin Price and BitConnect ecosystem?

 

BitConnect Coin price is a perceived regard for its supply and demand features designed during Bitconnect coin algorithm along with bitconnect lending platform. The future value of BitConnect Coin is a result of many aspects coin supply mining and minting algorithm, BitConnect community network, and its features. This guide discusses the most important factors that lead its users to consider BitConnect coin to be valuable as of now and in near future.

BCC Coin Specifications:

Maximum coin supply: 28 millions

Current available supply: 6 millions

Fresh New supply: Adding 23 million more via BCC mining (2.6 million) and BCC minting (20.4 million) over the time and its purely dependent on public demand.

Supply and Demand

 

The general answer to “why Bitconnect coin valuable in terms of price?” is “supply and demand”. Price discovery occurs at the meeting point between demand from buyers and supply of sellers.

Following demand and supply model will create wealth in BitConnect ecosystem as a whole.

There are 3 channels in use to self-regulate the ecosystem:

1. COIN SUPPLY CHANNEL( Supply fresh new coins to the Bitconnect ecosystem)

Mining BCC: Total 2.6 million BCC will mine through miners. The BCC mining will continue for 1 year with 10 BCC generated every 2 minutes.

BCC Staking: Total 20.4 million Coins will supply through BCC Staking

BCC minting will continue until all possible BCC come in to existence and its 28 millions. The minting new coin commence as following interest rate:

Remember: Minimum Stake Age is 15 Days which means you require to hold BCC minimum for 15 days to start receiving minting blocks. The frequency receiving blocks depends on your stake weight.

2. COIN DEMAND CHANNEL (Creates demand in the ecosystem)

BitConnect lending platform

BCC Staking

3. COIN DISTRIBUTION CHANNEL ( Coin Distribution and price discovery occurs at this point)

BCC trading on exchange platforms

OTC trades

BitConnect Investment Opportunities

1. Invest in Coin Supply channel to mint new coins. The earnings are variable according to BCC mining difficulties.

2. Invest in Coin demand channel by BCC lending or BCC staking. The earnings are variable but steady return with capital security.

3. Invest in Coin distribution channel by trading BCC on exchange platform. The earnings are high with associated risk.

Why BCC price and BitConnect ecosystem will show upward movement over the time?

The coin supply channel has fixed steady supply of new coins, where coin demand channel is more strong and will take over the supply channel with more community members join in Bitconnect ecosystem and lend or stake their BCC.

In short, the system is designed in a way to self regulate Bitconnect ecosystem which creates wealth in entire Bitconnect community in near future.

nvesting in BitConnect Lending​


You can invest BitConnect coin in Bitconnect lending platform exclusively from the BitConnect Dashboard. This investment option involves profiting from Bitconnect trading bot and volatility software. You will receive daily profit based on your investment option. Upon investment term completion, you will receive your CAPITAL BACK to take out from the Bitconnect lending platform or optionally reinvest back in lending platform to continue receiving daily profit.

BitConnect Coin Lending Profits Interest

(Remember: Volatility software offeres you a variable interest as per bitcoin market fluctuations)

If you wants to invest in BitConnect lending, you have to buy BitConnect Coin in the first place. Buy BitConnect coin from BCC Exchange with Bitcoins first.

Just follow the steps below and in no time you’ll have your Bitcoins working for you.

1. Deposit bitcoins first

  1. Visit BCC trading page: https://bitconnect.co/user/trade?Market=BCC
  2. Simply Click on “Green Button” to get your BitCoin deposit address.
  3. Once bitcoin sent to bitcoin address you will see unconfirmed transaction appear with pending confirmation on transaction history page. It will be fully confirmed and available for trade with 3 bitcoin network confirmation. It can take around 30 minutes or more time depending on bitcoin network so do not worry and wait quietly.

2. Buy BitConnect Coin from BCC Exchange

  1. Once you see balance in your BitCoin wallet visit BCC trading page: https://bitconnect.co/user/trade?Market=BCC
  2. Simply Fill in buy BitConnect Coin (BCC) form for your desired price and click “Buy BitConnect Coin” Button.

(Remember: Your bitcoins goes into your escrow account until successful trade execution if your bid price is lower than seller ask price).

3. Lend or Invest BitConnect Coin (BCC) from BitConnect wallet

  1. Once all your BCC filled in your BitConnect wallet, go to your user Dashboard and press the “lend BitConnect button”. The invest Bitconnect box will appear. Enter the amount you wish to lend or invest in USD.
  2. After you have read the terms of service, rules and regulations and agree to the terms, check the small box.
  3. You may now choose to “pay from a BitConnect wallet” using the buttons on the bottom of your screen.
  4. Once you have click to pay from a BitConnect wallet, a confirmation box will appear. Hit the “confirm button”.
  5. You will see confirmation message, stating “payment completed.” You did it! The transaction is completed. Make sure you should have require BitConnect Coin amount in your BitConnect wallet.

All data taken from https://bitconnect.co

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