City Coin is a revolutionary new type of token that is backed by real estate assets. This means that buying City Coin token gives you access to a unique portfolio of real estate properties around the world. These properties are traded on global property markets for exposure and income.
Each month, a fixed number of the most valuable cryptocurrencies are distributed among all buyers/holders of CityCoin Tokens. The more tokens owned, the higher your allocation will be. Below, you will get to find out how you can buy CITY Coin, how it is different from others, and more.
A quick guide on buying CITY Coin token
You can use Binance’s website or mobile app to buy cryptocurrency — either directly using your credit card or other payment methods, or by making an instant trade via its API. Before you start, You must verify your account before continuing.
- Clicking the Buy Now button on the main page of the exchange allows you to buy CITY instantly using fiat currency. You may also be asked to enter other personal information such as your email address.
- You can enter how much fiat currency you want to spend. The output shows you what amount of cryptocurrency your money gets converted into. After that, click Continue.
- You must then choose your preferred payment method at this point. If you choose a card, make sure you enter your details so that the card can be added.
- After this step, you must cerify all details and confirm your ourchase within 1 minute so that the amount of crypto you should get is not recalculated using the currenmt market price.
- As sson as you confirm your transaction, you are redirected to the banking opage where you must enter an OTP sent to you by your bank. After verifying the payment, your CITY Coin will instantly appear in your wllet.
Exchanges to buy CITY Coin
Binance
Binance has been dominating the scene. One of the biggest advantages offered by Binance is that of lower fees. Exchanges charge little while users enjoy high liquidity charts that make possible instantaneous purchases and selling in a moving market.
Luckily, many countries across the world allow Binance operation on THORChain, these include Australia, Singapore, and the UK while those from the USA are barred. Though Binance is barred from the USA, it still maintains large customer bases in many countries across the world and it looks highly probable that it will grow so huge to disband any form of competition.
Step-by-step Buying Guide
- Create an account
- Complete KYC process
- Add funds to your wallet
- Buy your crypto
eToroX
This platform was launched in 2007 and has grown to be one of the most trusted brokers due to its safety and security. Recently, it started offering cryptocurrency trading and most traders prefer it due to its user-friendliness.
Step-by-step Buying Guide
- Sign up for an account at eToro
- Verify your account
- Fund your account
- Buy your coin
TxBit
TxBit is a cryptocurrency exchange unlike anything else out there. Unlike other exchanges, this is a peer-to-peer trading system where no middle man takes a cut. Instead, the fees are distributed among those who provide liquidity and support.
TxBit’s unique approach allows us to offer a low-cost, reliable exchange service without compromising our core values. We believe in decentralized networks that allow everyone equal access to financial services.
Step-by-step Buying Guide
- Sign up for an account at Txbit
- Verify your account
- Fund your account
- Buy your coin
How CITY Coin project is different
Real Estate Portfolio
Over $4 billion in value with approximately 30+ listed properties. Properties include retail, office, residential, land, mixed-use, hotel, and apartment.
Crypto Portfolio
Over 120 different crypto assets are represented including Bitcoin, Ethereum, Litecoin, and other digital currencies.
Monthly Distribution
A fixed amount of the most valuable cryptocurrencies will be distributed among all holders every month.
Unique Structure
City Coin are the first tokenized asset class made possible due to Blockchain technology. These tokens are not just an investment but also allow users to be owners of unique real estate assets across the globe. It’s a win-win concept where both investors can gain exposure to cryptocurrency, while at the same time receiving monthly distributions from the properties they hold.
Global Marketplaces
The company is connected with some of the largest and most liquid global Property marketplaces. These properties have been vetted to ensure quality over quantity. Our goal is to provide only the highest quality listings on our platform.
Instantaneous Exchange
When purchasing or selling City Coin, there is no need to wait days, weeks, or even months as transactions are instantaneously conducted and verified through the blockchain using smart contracts.
Multi Chain Support
Users can trade between real-world fiat currency and cryptocurrencies via their own local currency. Fiat dollars can be converted into any one of hundreds of cryptocurrencies, which can then be quickly exchanged back into other cryptos/fiat.
Self Sustaining Economy
For each unit of real estate sold, the holder receives a proportionate share of the monthly distribution of the most valuable cryptocurrencies regardless of how much the price has gone up or down. Unlike traditional investments, these gains and losses stay within the CityCoin system and do not affect external markets.
Things to consider before buying CITY Coin
There are many reasons to consider getting involved with the world of cryptocurrency. We list them below.
Flexibility
One of the best parts about investing in cryptocurrency is the flexibility that you have. You don’t need to worry about waiting around for your stocks to perform better before you sell, as well as having to wait for the right time to buy. Cryptocurrencies like Bitcoin will always provide income regardless of whether the value goes up or down.
Accessible and Cheap
The costs associated with investing in cryptocurrencies can be very low compared to traditional investments. Most exchanges offer free signups and withdrawals because they do not make a profit off of trading fees.
Plus, you only pay fees each time you transfer a certain amount of coins, so you won’t incur large fees every month. And one of the greatest benefits of cryptocurrencies is their accessibility, as anyone can use them online through mobile apps.
Low Investment Amounts
You don’t necessarily have to invest a lot into cryptocurrencies either. Some exchanges allow you to deposit just fractions of a coin to start earning interest.
The main thing to take away from this is that you should carefully consider risks, rewards, and costs before deciding to become part of the cryptocurrency realm.
When making any kind of investment, we recommend starting small and gradually increasing your exposure until you feel comfortable enough with the asset class. By doing so, you increase your chances of success while minimizing the risks associated with a sudden spike in value.
Where to store CITY Coin token
1. Desktop Wallet
A desktop wallet is typically stored on a computer hard drive connected via USB. They typically require software installed on your computer to operate properly. Your private key is usually kept in sync with your computer and accessed from within the same program. Depending on how you configure your settings, desktop wallets can be quite easy to access.
- A great option if you already run an operating system on your laptop or desktop PC.
- A drawback though is that your funds are stored locally, which makes your hardware vulnerable to theft or malfunction. If you lose access to this file, then you cannot recover those lost funds. As such, many people prefer to avoid storing their crypto on a local device.
2. Web Wallets
Web-based wallets typically work by connecting directly through your web browser. This means you don’t need specific software installed on your computer. However, unlike a desktop wallet, your data isn’t saved locally. Instead, you must rely on the security of the website hosting your wallet, which makes it prone to hacking.
- No technical knowledge required
- Convenient since you don’t have to download anything and no additional software is needed
- Not recommended if you want to manage multiple currencies. For convenience, some websites feature separate wallets for particular digital assets.
3. Mobile Wallets
Mobile wallets are increasingly popular as a convenient way to store funds when using public terminals. Apps can easily be downloaded to almost any smartphone and come complete with built-in security features.
The main benefit of mobile wallets over other forms of online storage is speed. You can make payments quickly and easily just by entering your password into the app. In addition to this, you can connect to the same account from several devices at once. Although these apps do offer multi-currency support – typically only one cryptocurrency is supported per platform.
Some limitations include:
- Smaller screen size than desktop/web wallets
- You need an internet connection to use the app
- Only works on smartphones running the App
4. Hardware Wallets
Hardware wallets like Ledger and Trezor are becoming increasingly popular due to their ability to protect cryptocurrencies offline. These devices allow users control over what happens to their crypto holdings without needing to trust anyone else.
Since you own your private keys completely, you can rest assured that you won’t lose them even if your device gets stolen. The downside is that these devices tend to be very expensive. Therefore, not everyone has the means to buy one.
- An ideal solution for those who wish to keep most of their funds offline
- Requires dedicated software to interface with the hardware wallets
Privacy and security tips
You should still take steps to safeguard yourself against hackers. While keeping your accounts secure may seem like extra effort, it’s actually worth doing. Here are a few tips with regards to securing your CITY Coin:
- Don’t reuse passwords across websites
- Use different passwords for every site
- Avoid clicking links in suspicious emails or text messages
- Keep your wallet software up to date
- Use 2FA
- Use strong passphrases instead of simple words
- Beware of phishing websites
F.A.Qs
Can I invest in CITY Coin?
Sure, you can. This token is slowly rising to become a force to reckon with. All you have to do is ensure that you do enough research first.
Can I buy CITY using Paypal?
Most exchanges will not allow you to buy it directly with fiat currency. Therefore, you must first buy another crypto like Bitcoin first and then trade it for CITY.
Conclusion
City Coin is differnet from the other tokens because itr is backed by reall estate assets. Because of that, holders of this token have access to a rare portfolio of real estate properties. The great thing is that holders will be able to trade the properties on global markrts. This projects is exciting and promises great profits.
