Global Trust Coin price is $0.71083700
As of our latest data, Global Trust Coin (GTC) is priced at $ 0.71083700, with a increased in value of +2.89% over the past 24 hours. Please note that cryptocurrency prices are highly volatile and can change rapidly within minutes.
Global Trust Coin (GTC) is a digital asset or token designed to operate as a medium of exchange, leveraging the security and transparency of blockchain technology. It is engineered to provide a new pathway for transferring value digitally in place of traditional fiat currency. GTC aims specifically to facilitate the trade finance sector, aiming to expedite the process of trade transactions and the exchange of goods through digital means.
Global Trust Coin is supported and backed by the Global Trust Investment Bank (GTIB). The token's primary purpose is to offer a secure method for digital transactions, effectively bridging the gap between fiat currency and digital assets. Additionally, it supports the trade finance industry by aiming to streamline trading processes and the exchange of goods, providing an innovative use case within this sector.
Global Trust Coin functions by utilizing blockchain technology to create a secure and decentralized ledger for transactions. This process ensures transparency and security for users when transferring the token. While specific technical details and mechanisms may not be disclosed here, the typical process involves participants sending and receiving GTC tokens through blockchain transactions, which are then recorded on a tamper-resistant ledger.
Global Trust Coin sets itself apart by being directly backed by a banking institution, the Global Trust Investment Bank. This backing gives GTC a unique footing in the financial world, especially within the scope of trade finance. By leveraging the trust and stability perceived in banking institutions, Global Trust Coin hopes to gain adoption among those looking for reliable digital transaction methods connected to traditional finance.
The Trade Finance sector can benefit from adopting Global Trust Coin by significantly reducing the time typically required for executing trade transactions and processing exchanges of goods. The use of blockchain promises enhanced speed and security, potentially lowering costs linked to these processes. GTC could also provide greater traceability and trust in trades, which is a valuable advantage for participants in the trade finance ecosystem.
Like many cryptocurrencies, Global Trust Coin likely employs blockchain technology, which is known for its robust security features. Transactions on the blockchain are encrypted and immutable, meaning they cannot be tampered with once they have been added to the ledger. However, it is important to note that security also depends on the specifics of the network's protocol and infrastructure, which are not detailed here.
As for now, the circulating supply information for Global Trust Coin (GTC) remains unprovided. Typically, this information specifies how many tokens are currently available for public trading and transaction. The circulating supply is a critical component for calculating the market capitalization of a cryptocurrency.
The total supply of Global Trust Coin (GTC) has not been shared. This number would typically designate the maximum amount of tokens that will ever exist for this cryptocurrency. The total supply can be a fixed limit or can vary depending on the token's underlying protocols and whether it has a deflationary or inflationary tokenomics model.
Global Trust Coin (GTC) is available for purchase on the various exchanges listed under . Those interested in acquiring GTC tokens can visit these exchanges and follow their procedures for trading.
Investors can keep their Global Trust Coin (GTC) secure by using reputable digital wallets that offer strong security measures, including encryption and private keys that only the investor controls. It's essential to conduct due diligence and choose a wallet with a proven track record of security. Moreover, practicing safe security measures such as using two-factor authentication and keeping recovery phrases in a secure offline environment is also advised.
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