As more people worldwide are getting into the cryptocurrency space, many are still grasping how cryptocurrencies actually work. Alot are tempted when they witness the high price swings, and merely look at this as a way to make quick returns. As that might be the reason, others along the line, find it more exciting when they witness that they get ‘free money’ as a result of cryptocurrencies forking.
Forking is the process of a split of a current coin, that becomes a new coin. Usually holders of the specific coin that is forking, will get the same amount of new coins that they hold in their wallets of the original coin. This automitcally gives the holder, two different coins of which both have different values. That also means that the holder now would have free money allocated to them as a result of this.
AltcoinTrader one of South Africa’s oldest exchanges, boasts the only exchange in Africa currently that has a basket of coins currently. Also the only exchange in South Africa that has to date given their current clients three forked coins from Bitcoin that recently forked, including the latest one, Bitcoin Private (BTCP).
Holders of original Bitcoin (BTC) in their AltcoinTrader wallets, got free Bitcoin Cash (BCH) valued at around R18 000 at 30 April 2018, 8.48 am, as well as Bitcoin Gold (BTG) valued around R931 at 30 April 2018 and now recently gave in April, Bitcoin Private (BTCP) in the recent fork to all their clients that are holding Bitcoin. It is currently worth R425 at 8.48 am, on 30 April 2018.
Richard de Sousa, Partner at AltcoinTrader says, “We are proud to say, that we are putting our community first, and as a result we are ahead of all other exchanges in the country that are giving the free coins back to our people so that they can benefit from this money. Any exchange holding these original coins at the time of the fork, will get the free tokens, it is at their sole discretion to give it back to their clients. Either way someone will be profiting from the forks, whether exchange or people. At AltcoinTrader we believe in spreading wealth and not profiting alone from our clients capital, and as a result our people also benefit.If you held one Bitcoin in your AltcoinTrader account before all the forks, you would have about R19 000 at todays rate,30 April 2018 for free from the forks.”
AltcoinTrader has released Bitcoin Private to all their wallets that held Bitcoin from 18 April 2018.
CLICK HERE to submit your press release to MyPR.co.za.
Source: MyPR
Submit your own Press Release or get free content for your publication.
Video – How to post your Press Release on MyPR:
My Press Release (MyPR) provides free South African targeted content and press releases for on and off line publishers and media. Registering on MyPR enables public relations companies and practitioners to post articles under their own author name. Public Relations Companies and practitioners, event organisers, sports and political writers use MyPR as a distribution mechanism for their press releases, content, images and news. A forever free subscription allows publishers and media free access to all press releases, content and images on MyPR.
This press release is courtesy of WP Robot plugin – CLICK HERE to learn more about WP Robot for WordPress – a massive time and money saver.
