“How to buy CluCoin” is the question both seasoned and fledgling cryptocurrency investors want to know as it trends on Twitter and Google. According to the white paper, CluCoin boasts that it aims to be a “hyper deflationary token with a smart staking system.” If this sounds like gibberish to you, don’t worry, I’ll explain it to you in an easy-to-understand manner. In the crypto world, you can choose to “stake” your cryptocurrency, which is similar to locking your money into a CD or an IRA account so it can earn interest.
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However, just like an IRA account, there are some hindrances when it comes to “unstaking” — or withdrawing — your crypto. In many cases, your crypto is locked away for a specific period of time. CluShare, the team behind the CluCoin project, plans to offer a staking option that lets users earn passive income on cryptocurrencies without totally blocking off their digital assets. CluShare wants to let users withdraw their crypto whenever they want, but they’ll have to pay a 10% penalty: 5% goes back to CluCoin token holders and the rest goes back to liquidation. CluShare is also reportedly focused on philanthropy; they claim that each time someone sells CluCoin, a portion of it goes to charitable projects. The blockchain system offers transparency, so CluShare says that CluCoin holders can rest assured that donations will go to the right hands. If CluShare’s mission tickles your fancy, here’s how to buy CluCoin.
How to buy CluCoin
How to buy CluCoin
To buy CluCoin, you need to download the TrustWallet app and purchase Binance Coin (BNB). You can purchase BNB coin on Binance or BitMart and send it to TrustWallet. You can also purchase BNB directly on the TrustWallet app by selecting “BNB” on the Wallet tab and tapping “Buy” on the top-right corner. Note: If you live in a location where it’s difficult to buy BNB (e.g. New York), here’s a workaround: Buy XLM on Coinbase, send XLM to Atomic Wallet, exchange XLM for BNB on Atomic Wallet, and send BNB to TrustWallet. Once you’ve gotten your BNB, here are the steps to buy CluCoin.
