TigerCash to USD Price Chart

What's the current price of TigerCash (TCH)?

As of now, the current price of TigerCash (TCH) is at $ 0.00410806. Keep in mind, cryptocurrency prices are always volatile, and the price can change frequently within a 24 hour period.

What is TigerCash (TCH)?

TigerCash (TCH) is a platform token issued by the CoinTiger exchange. It is a decentralized blockchain digital asset based on the Ethereum blockchain. Officially launched on November 15, 2017, it was initially released with a total supply of 1.05 billion circulating tokens. Over time, 50 million TCH tokens have been bought back from the secondary market and burned, leaving a total of 1 billion TCH currently.

The CoinTiger exchange has switched from a mechanism where they use 50% of their profit to buyback and burn TCH, to a new mechanism where they allocate no less than 50% of their net profit to all TCH holders every year. This effectively grants CoinTiger equity to TCH holders.

Who created TigerCash (TCH)?

TigerCash (TCH) is a project directly spawned by the CoinTiger cryptocurrency exchange. CoinTiger is responsible for issuing the token and setting its mechanisms into play. The team behind CoinTiger Exchange are the creators of TigerCash (TCH).

Revenue benefits for TigerCash holders

CoinTiger employs an innovative system where holders of TigerCash (TCH) are given a share of the exchange's net profit. Every year, CoinTiger will allocate no less than 50% of net profit to all holders of TCH. This replaces their old mechanism where they used a portion of their profit to buy back and burn TCH tokens. Now, users holding more than 1% of the total TigerCash (10 million TCH) may apply for CoinTiger Singapore Company shareholder change registration.

How are TigerCash tokens distributed?

Initial total supply of TigerCash (TCH) was set to be 1.05 billion. Since then, a mechanism to buy back TCH from the secondary market was introduced, where a total of 50 million TCH have been bought back and burned. Right now, there are a total of 1 billion TCH in circulation.

Where can I buy TigerCash (TCH)?

TigerCash (TCH) can be purchased on the CoinTiger exchange, as well as a number of other cryptocurrency exchanges, .

TigerCash (TCH)'s Use Case

The primary application of TigerCash is quite unique in that it involves becoming a stakeholder in the CoinTiger operation. TCH can be used within the CoinTiger platform to pay for transaction fees. In addition, TigerCash holders may be granted a share of the platform's revenue. In the future, the token may be used for decision-making in the platform's council.

How does TigerCash (TCH) ensure transparency?

In order to facilitate transparency, records of buybacks of TCH are publicized and users can verify these records through a blockchain explorer. This ensures that operations involving TigerCash are public and transparent.

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