You might have heard of many CryptoCurrencies such as Bitcoin and much more. But there is another Cryptocurrency in the market which is The Champ Coin (TCC). This is a Cryptocurrency similar to BTC. The thing is that The Champ Coin is not yet that much popular in the market and people still do not know the use of The Champ Coin (TCC). If you are new in Cryptocurrency, then you might be not aware of sell & purchase of such currencies.
Here in this post, we will be discussing the TCC Cryptocurrency which is quite new in the market and performing well. I will try to cover each & every aspect of The Champ Coin in this article. Once you go through with this complete article, then you will be able to Buy & Sell The Champ Coin. Just follow the below-given procedure and enjoy. I have also shared the Live Rate of TCC which is mentioned below in the article.
The Champ Coin (TCC)
Before talking about TCC, I would like to introduce you to Bitcoin if you aren’t. Bitcoin is the Decentralized Digital Currency which can be bought or sold online. Also, it can be used as the other currency to buy goods only in those countries where it is allowed officially. Bitcoin is a Cryptocurrency and was founded by Staoshi Nakamoto in the 2009 year. When Bitcoin was launched at that time it’s worth was just 0.20 and at present 1 Bitcoin’s value is 4006.28 US Dollar.
What is The Champ Coin (TCC)
As we have already studied that TCC is a Cryptocurrency. TCC can be bought & sold online via its wallet. It is quite similar to Bitcoin, and the Champ Coin was launched in January 2017. Transactions done in TCC are person to person, and there are no intermediaries in this such as Banks or any third party.
TCC is pre-mined, and there is no such single person or authority who controls it. It is assumed that there will be more than 100 crore chamcoins by the end of 2021. Transactions of TCC are done electronically hence they are safe & secure. When the Champ Coin was introduced in January 2017 at that time, it’s price was 0.20 and today at present its price is more than 20 INR/-
Champcoin is owned by the Champcash. The rate of TCC is increasing rapidly, and it is assumed that price will increase at the higher rate in future. The Champ Coin was introduced by the Mahesh Verma.
How Pricing of The Champ Coin (TCC) Works
If you are wondering that how pricing of TCC works or you want to know that who controls the pricing of the Champ Coin. Then here I’m to clear your doubts regarding the pricing of TCC. The total number of coins which will come into the market are in limited form.
Pricing of TCC completely relies on the Demand and Supply. If there is the increase in the demand of TCC, then it’s prices will go up and if there is a decrease in the demand, then prices will go down. Since, people are interested in this currency and purchasing it regularly, so it’s prices are increasing every day and it is assumed that prices will go more up in the future.
There are some experts who are saying that the prices of TCC will go down as there will be no buyers. Prices can also go down if people start losing trust on this currency and starts selling it. Prices are just like share market.
How to use TCC Exchange App
If you want to invest in TCC or want to sell/buy TCC, then you will have to install TCC Exchange App on your mobile phone. This application works as TCC wallet, and you can buy or sell TCC online with the help of this application. Currently, The Champ Coin application is available only for Android users.
- At first download TCC Exchange app from here.
- No open the application.
- Sign Up for a new account if you are new user or Login if you already have an account of TCC.
- Enter all the details carefully and complete the Sign Up process.
- Secure application with six digits security code which will be used to Login.
- Once you are done with these processed then your account will be opened on TCC.
- Now you can buy or sell TCC online.
- You will be given a unique 34 digits code to receive TCC from other persons.
The Champ Coin TCC Live Rate And Market Price
Prices of The Champ Coin TCC may differ state wise, so there can be some differences in price as per your region. Prices of The Champ Coin fluctuates every day for live pricing you can download their official application. Live Rate of TCC is updated on a regular basis on TCC Exchange application.
Prices shown in the TCC Exchange App are in the form of Bitcoin, so you need to convert that into your desired currency to know the real price.
|The Champ Coin Price In INR (RS)
|9.39 RS (INR)
|The Champ Coin Price In BITCOIN (BTC)
|TCC Champ Coin Price IN USD Dollar $$
How to Earn Champcoins from Champcash App
You might be aware of Champcash application which pays for downloading applications and referring friends. So, If you are a Champcash user and want to convert your Champcash money into Champcoins then follow the below-given procedure carefully. Champcash offers you to convert your Champcash amount into Champcoins.
- The very first thing you need is your Champcoins Address which you can get from TCC Exchange app by creating a new account or Log In to existing account if you have any.
- Open the Champcash application and go to redemption page.
- There select Champcoin as redemption medium.
- Enter your 34 digits unique Champcoin address.
- Enter your desired amount available in your Champcash account.
- That’s it, Now your amount will be transfered into your Champcoin walled soon.
Why to Buy Champcoins?
As we all know that when Bitcoin was launched then its price was just 0.20 and now its price is more than 4k US dollar. Similarly, the price of Champcoin can also increase in future. I do not recommend you to buy the high amount of Champcoins. If you are interested in this Cryptocurrency, then you can buy a small amount as still there are no hopes of an increase in pricing.
Why Not to buy Champcoins?
Here I have mentioned some reasons that why you shouldn’t buy the Champcoins.
- There are many Cryptocurrencies available in the market, so there are less chances of TCC to stand in the market.
- Bitcoin has become the largest Cryptocurrency in the market so its difficult for TCC to compete with the Bitcoin.
- There is no “white paper” of Champcoin.
- There is only one wallet for trading which is itself TCC Exchange that can be an issue in long run.
Verdict About TCC:
As The Champ Coin is still a new currency in the market and it is still limited to the Indian market, and there seems to be no hope of its expansion. Also, there is no demand of this currency in the market yet. I will recommend you not to invest in this currency as its newly launched and nothing can be predicted about its prices.
Think twice before investing your hard-earned money. Here in this post, I shared the complete guide regarding What is The Champ Coin (TCC) and its Live Rate in Market at Present. If you are having any trouble while trading in TCC or having any question related to The Champ Coin, then feel free to ask it in the comments section below. We would be happy to hear from you. Also, share this guide with your friends so that they can also know about TCC.