SkinCoin price is $0.00049356
The current market price of SkinCoin (SKIN) is $ 0.00049356. Please note that the price of cryptocurrencies is highly volatile and can increase or decrease rapidly.
SkinCoin is a cryptocurrency designed for the online gaming industry. It was specifically intended as a universal payment method for the online gaming community, allowing players and service providers to make transactions using skins. Skins are virtual items, commonly used in video games, to change the appearance of a player's avatar or equipment.
SkinCoin was developed by a team of experts in the gaming industry. The team's deep understanding of the needs and nuances of the online gaming community contributed to the creation of this unique cryptocurrency. Unfortunately, the specific identities of the team members are not readily available on their official website.
SkinCoin operates as a token on the Ethereum blockchain. It leverages smart contract technology to automate transactions and ensure security. SkinCoin's high liquidity allows users to freely exchange skins for SkinCoin and vice versa on the SkinCoin Exchanger platform. It can also be exchanged for Bitcoin on other cryptocurrency exchanges.
All transactions made with SkinCoin are stored on the blockchain and can be tracked using a wallet number. This transparency and security are two of the core benefits of using SkinCoin.
SkinCoin's key distinguishing feature is its focus on the online gaming industry. It was specifically designed to facilitate transactions using skins, making it uniquely valuable to gamers and the gaming community.
Apart from its specific use case, the coin uses an Ethereum infrastructure, which makes it secure and transparent. The use of smart contract technology also ensures that transactions are automated and irreversibly recorded on the blockchain.
SkinCoin can be obtained either through exchanges for other cryptocurrencies or directly on the SkinCoin Exchanger platform, where users can trade gaming skins for SkinCoin. It's worth mentioning that the specific platforms or exchanges offering SkinCoin may vary over time.
Specific circulation data for SkinCoin is not available at this moment. However, it is generally the practice for the total supply and circulating supply details to be regularly updated in accordance to SkinCoin’s distribution and monetary policy.
SkinCoin relies on the security mechanisms of the Ethereum blockchain, since it is an ERC-20 token. Transactions made with SkinCoin are securely encrypted and stored on the Ethereum blockchain. The use of smart contract technology also ensures that once a transaction is confirmed, it cannot be reversed, adding another layer of security to the system.
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