e-Money token is another cryptocurrency gradually becoming very popular in the market today and as such, there are people eager to try the coin out either by investing in it or trading. But before then, you should learn about the legitimacy of the coin from cryptocurrency researchers and experts before diving into investing or trading on it.
So on this article, we will review the token by listing the major pros and cons.
Please note; This is not an Affiliate Link related article, neither is it a Promotional Article. You invest on this coin at your own risk. It is never a financial advice.
A proposed standard for e-money, bank and central bank money issued tokens, with extended functionalities such as holds, clearance, detailed compliance, funding, and payout.
There are 19,760,286.00 NGM in supply.
Pros of e-Money
- They are fully decentralized
- Has easy currency exchange while traveling internationally
- It is listed on Coinmarketcap
Cons of e-Money
- Coin still under research and developments
- The temptation to overspend likely to increase
- Multiple issues with its synchronizations between ledgers
- Difficult to save unlike fiat
Is e-Money Legit or Scam?
Due to the high rate of scam in cryptocurrency, a lot of traders have been trading in fear. e-Money is another cryptocurrency project people would love to check the legitimacy.
According to research and reviews, e-Money is not a scam coin. It has been listed on top cryptocurrency wallets. It is one of those project coins listed on Coinmarketcap.
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