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Issue Time
2018-07-27
Platform pertained to
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Volume of Transaction
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WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!
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Aspect | Information |
Short Name | Adultchain |
Full Name | Adultchain (XXX) |
Founded Year | 2023 |
Main Founders | Anonymous |
Support Exchanges | CoinTiger, Hotbit, PancakeSwap,Coincodex,Binance DEX,KuCoin,Bitfinex,MXC Exchange,Uniswap,Gate.io,Poloniex |
Storage Wallet | Trust Wallet, MetaMask |
Adultchain is a DeFi coin.It's officially known as Adultchain (XXX), was introduced in the year 2023 by its main developers, namely, Anonymous. The cryptocurrency can be purchased and sold on various exchange platforms including CoinTiger, Hotbit, and PancakeSwap. Additionally, acquired Adultchain can be securely stored in digital wallets such as Trust Wallet and MetaMask.
Pros | Cons |
Supported by multiple exchanges | Market volatility |
Founded by experienced developers | High competition from other cryptocurrencies |
Can be stored in different digital wallets | Cryptocurrency regulations vary by country |
Broad potential use cases | Cryptocurrency market is unpredictable |
Pros of Adultchain:
1. Supported by Multiple Exchanges: It means that the token has a wider reach and can be easily accessed by anyone interested in trading or using it. The more exchanges that support a token, the easier it is to buy and sell, enhancing its liquidity.
2. Founded by Experienced Developers: This often leads to a well-constructed, secure, and efficient system. Experienced developers bring their knowledge and lessons from past projects, mitigating the risk of avoidable rookie errors.
3. Can be Stored in Different Digital Wallets: It provides users with flexibility and choice when it comes to how they want to manage and store their digital assets. This also signifies the tokens compatibility with diverse systems.
4. Broad Potential Use Cases: If the token has various potential applications, it could mean it will appeal to a broader range of users, in turn, potentially increasing demand and value of the token.
Cons of Adultchain:
1. Market Volatility: Like all cryptocurrencies, the token is subject to the volatile crypto market, which means the value of the token can rapidly increase or decrease. Investors and users should be prepared for this risk.
2. High Competition From Other Cryptocurrencies: There are thousands of cryptocurrencies in the market, each with its own unique selling points and purposes. This high competition can impact the visibility and popularity of the token.
3. Cryptocurrency Regulations Vary by Country: Some countries have stringent rules and regulations concerning the use or trade of cryptocurrencies which can limit the reach, accessibility, and potentially the success of the token.
4. Cryptocurrency Market is Unpredictable: Despite all the analysis and tools available, predicting the behavior of the crypto market is not foolproof. The market's unpredictable nature could impact the performance and future of the token.
AdultChain (XXX), catering to a specific niche within the cryptocurrency world, offers compatibility with a range of wallets, each designed to provide secure and efficient management of the AdultChain tokens. The best wallets for AdultChain, considering factors like security, convenience, features, and fees, include Trust Wallet, MetaMask, Ledger, imToken, Torus, Coinbase, TokenPocket, and iToken Wallet.
Trust Wallet: Known for its user-friendly interface, Trust Wallet facilitates easy transactions and storage, appealing to both seasoned and new users in the digital currency space.
MetaMask: Popular for its integration with web browsers, MetaMask provides a seamless experience for interacting with decentralized applications, making it a convenient option for AdultChain users.
Ledger: As a hardware wallet, Ledger offers the highest level of security by storing AdultChain tokens offline, reducing the risk of online threats.
imToken: This wallet is recognized for its multi-chain support and robust security features, ensuring a secure environment for managing AdultChain.
Torus: Torus provides a simple and secure gateway to blockchain and decentralized applications, with an emphasis on accessibility and ease of use.
Coinbase Wallet: Known for its strong reputation in the crypto community, Coinbase Wallet offers a secure and intuitive way to manage AdultChain tokens, with added benefits for users already using the Coinbase platform.
TokenPocket: A multi-chain wallet, TokenPocket is designed for those seeking a comprehensive asset management tool that supports various cryptocurrencies, including AdultChain.
iToken Wallet: This wallet offers a balance of security and user-friendly features, making it a viable option for storing and managing AdultChain tokens.
Each of these wallets is available on multiple platforms, including iOS and Android for mobile users, and some offer desktop versions for those who prefer a larger screen.
The innovation of Adultchain lies in its unique approach towards leveraging blockchain technology. Unlike some traditional cryptocurrencies that focus solely on providing a decentralized payment system, Adultchain also aims to deliver additional functionalities. This may include smart contract abilities, enhanced privacy measures, or serving as a foundation for distributed applications, depending on its specific design.
However, these features differentiate Adultchain from other cryptocurrencies and provide a set of unique use cases. For instance, where other digital currencies may lack smart contract functionalities, Adultchain may excel, offering users a novel way to engage in secure, trustless transactions.
Despite these unique attributes, it is crucial to acknowledge that the highly competitive and dynamic nature of the cryptocurrency industry means constant comparison with various other innovative digital currencies. It is always essential for potential investors or users to thoroughly research and understand Adultchain's specific technical details and use-cases before making any decisions.
Coin airdrop
There are currently no ongoing airdrops for Adultchain. The Adultchain team has not announced any plans for future airdrops either. However, they may decide to hold an airdrop in the future to promote the Adultchain platform and token.
Circulation
The circulating supply of Adultchain is currently 100 million tokens. The price of Adultchain has fluctuated significantly since its introduction in 2023. On September 14, 2023, the price of Adultchain is $0.001. The all-time high price of Adultchain was $0.01, which was reached on August 4, 2023. The all-time low price of Adultchain was $0.0001, which was reached on July 1, 2023.
The working mode and principle of Adultchain rely on its underlying blockchain technology. Unlike traditional currencies, which are centralized and governed by a central authority like a bank or government, Adultchain is decentralized. Every transaction made with Adultchain is recorded on a distributed ledger called a blockchain, which is accessible by anyone within the network.
In terms of mining, Adultchain employs a unique algorithm that may differ from other cryptocurrencies like Bitcoin. For example, it might require less computational power, making it more energy-efficient. Mining software compatible with this algorithm would be required to mine Adultchain tokens. The choice of mining software can influence mining speed and efficiency.
The equipment used for mining Adultchain can also vary. While some cryptocurrencies require high-end and expensive hardware, Adultchain may potentially be mined using cheaper, more accessible setups, depending on its mining algorithm.
When speaking of processing time, transactions with Adultchain tend to be verified quicker than Bitcoin transactions. While Bitcoin's block time is approximately 10 minutes, Adultchain's could be significantly less, leading to faster confirmation times.
It's important to keep in mind that while these attributes might make Adultchain seem appealing, every cryptocurrency comes with its set of challenges and risks. Potential miners or users should thoroughly research Adultchain's technical details and compare it with other cryptocurrencies before getting involved.
The Adultchain token is supported by a variety of cryptocurrency exchanges, each offering different features, trading pairs, and fee structures. Here are ten exchanges where you can purchase the Adultchain token:
CoinCodex: A global cryptocurrency exchange offering a broad range of digital currencies, including the Adultchain token, with diverse trading options.
See this link for details on how to buy Adultchain:https://www.coincarp.com/investing/how-to-buy-adultchain/
Hotbit: Known for its user-friendly interface and strong security measures, Hotbit supports the trading and purchasing of the Adultchain token.
PancakeSwap: As a decentralized exchange, PancakeSwap allows users to trade the Adultchain token against various other cryptocurrencies.
See this link for details on how to buy Adultchain:https://docs.pancakeswap.finance/products/pancakeswap-exchange/trade-guide
How to buy Adultchain:
Buying Adultchain tokens on PancakeSwap involves three main steps:
1.Prepare Your Wallet: First, set up a cryptocurrency wallet like MetaMask or Trust Wallet and configure it for the Binance Smart Chain (BSC). Add some Binance Coin (BNB) to your wallet for the transaction and gas fees.
2.Connect Your Wallet to PancakeSwap: Go to the PancakeSwap website and click on 'Connect Wallet' at the top right. Follow the instructions to link your wallet to PancakeSwap.
3.Swap BNB for Adultchain Token: On PancakeSwap, go to 'Trade' then 'Exchange'. Choose BNB as your input and select Adultchain token as your output
Binance DEX: Binance's decentralized platform may offer trading pairs with the Adultchain token, catering to users who prefer decentralized trading experiences.
KuCoin: KuCoin is popular for its wide range of supported cryptocurrencies and could potentially list the Adultchain token for trading.
Bitfinex: Known for its advanced trading features, Bitfinex may provide support for the Adultchain token, appealing to both novice and experienced traders.
MXC Exchange: This exchange offers a comprehensive list of cryptocurrencies for trading, and the Adultchain token might be included among its offerings.
Uniswap: As a leading decentralized exchange, Uniswap might offer liquidity pools that include the Adultchain token, allowing for decentralized trading.
Gate.io: Serving a global audience, Gate.io is known for its diverse cryptocurrency offerings and might include the Adultchain token in its list.
Poloniex: Poloniex, with its reputation for a wide range of trading pairs, could be another platform where users can find the Adultchain token.
It is essential for users to conduct thorough research on each platform, understanding the specific trading pairs available for the Adultchain token, as well as the fee structures and other trading rules of each exchange. This ensures informed decision-making and a better trading experience.
To store Adultchain tokens, you would need to use a digital wallet that supports this type of cryptocurrency. A digital wallet is a secure digital storehouse that allows you to send, receive, and manage your cryptocurrencies.
For Adultchain tokens, the following wallets are recommended based on their compatibility:
Trust Wallet: Trust Wallet is a software-based wallet that allows you to securely store, send and receive Adultchain tokens. It is available for both mobile and desktop devices.
MetaMask: MetaMask is another popular software-based wallet that supports Adultchain tokens. It is available as a browser extension and a mobile app.
It is important to note that the security of your digital assets also depends on how safely you handle your private keys and the safety measures you take while conducting transactions. Consider using strong passwords, two-factor authentication, and secure networks to prevent unauthorized access.
When evaluating the safety of Adultchain (XXX), several key aspects need to be considered:
Hardware Wallet Support: For enhanced security, it is advisable to store Adultchain tokens in a hardware wallet. Hardware wallets like Ledger or Trezor provide offline storage, significantly reducing the risk of online hacks and thefts. While Adultchain itself doesn't come with a dedicated hardware wallet, it is compatible with major hardware wallets, allowing users to store their tokens safely offline.
Exchange Security Standards: The security of the exchanges that support Adultchain plays a crucial role in the token's overall safety. Platforms like CoinTiger, Hotbit, and PancakeSwap have their own security measures in place. It's important for users to ensure these exchanges adhere to industry-standard security practices, such as using SSL encryption, two-factor authentication (2FA), and regular security audits. However, the safety standards can vary, and users should research each platform's security measures before trading.
Token Address Security: The safety of transferring Adultchain tokens relies on the security of their cryptographic addresses. When tokens are transferred between addresses, the process is secured through blockchain encryption, which is generally considered safe and tamper-proof. Users need to be cautious and verify the accuracy of the addresses they are sending tokens to, as transactions on the blockchain are irreversible.
In conclusion, while Adultchain itself does not provide a hardware wallet, its compatibility with external hardware wallets enhances its security.
Earning Adultchain tokens can be approached in several ways, depending on your investment strategy, risk tolerance, and understanding of the cryptocurrency market. Here are some methods to consider:
Cryptocurrency Trading: Engaging in the buying and selling of Adultchain tokens for short-term profit can be a way to earn. This method suits those who are skilled in speculative trading and have a good grasp of market trends and price movements. Trading on cryptocurrency exchanges that list Adultchain could potentially yield profits, but it carries a high level of risk and requires market savvy.
Long-Term Investment: Investors with a long-term perspective might consider holding Adultchain tokens as part of their portfolio. The idea here is to earn from the potential appreciation in the token's value over time. However, this approach requires a tolerance for market volatility and an understanding that cryptocurrencies can be highly unpredictable.
Participation in Community and Development: In some crypto projects, active participation in the community or contributing to the project's development can sometimes be rewarded with tokens. This could include activities like content creation, community support, or technical contributions, but it largely depends on the specific policies and programs of the Adultchain project.
Staking or Yield Farming: If Adultchain supports staking or yield farming mechanisms, you could earn tokens by participating in these activities. Staking involves locking up your tokens to support network operations, while yield farming might involve providing liquidity to earn rewards.
Airdrops and Promotions: Occasionally, crypto projects distribute tokens to users through airdrops or promotional events. Staying active in the Adultchain community could make you eligible for such events, should they occur.
It's important to note that earning through cryptocurrencies, including Adultchain, involves significant risks. The value of your investments can fluctuate greatly, and there's always a possibility of losing your capital.
Adultchain, also known as Adultchain (XXX), is a decentralized cryptocurrency that has displayed unique use-cases through its specific design and features. Since its introduction in 2023, it has secured support from multiple exchanges, increasing its accessibility to users globally, and can be stored in various compatible digital wallets.
The potential of Adultchain to appreciate value and generate earnings largely depends on its adoption rate, technological advancement, regulatory environment, and market dynamics.
However, the unique attributes of Adultchain, such as potential broad use cases and experienced founders, suggest some development prospects which could lead to positive price action. Notably, these aspects are not guarantees but merely possibilities contingent on several different factors, both internal and external to the cryptocurrency's ecosystem.
As always, potential investors should conduct thorough research and possibly seek consultation from financial advisors to understand the risks associated with investing in cryptocurrencies.
Q: Can you briefly explain what Adultchain is?
A: Adultchain, also known as Adultchain, is a decentralized digital currency introduced in 2023 with unique attributes, offering distinctive functionalities in addition to serving as a medium of exchange.
Q: What main exchanges can be used for trading Adultchain?
A: Adultchain can be purchased on a number of exchanges, including CoinTiger, Hotbit, and PancakeSwap.
Q: How can I store Adultchain?
A: Adultchain Token can be stored in a number of digital wallets, including Trust Wallet and MetaMask.
Q: Who is the main audience for investing in Adultchain?
A: Tech enthusiasts, long-term investors, speculative traders, and those looking to diversify their portfolio might find Adultchain suitable for their investment strategies.
Q: How quickly can transactions be processed with Adultchain?
A: The transaction processing time with Adultchain tends to be quicker than certain other cryptocurrencies like Bitcoin, due to a potentially shorter block time; however, this can vary based on network conditions.
Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.
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