What Is Vertcoin?

What is Vertcoin (VTC)?

Vertcoin is an open-sourced decentralized cryptocurrency. It is made to be sent from peer to peer. To send and receive VTC one can use a digital wallet on the phone or computer. All the transactions are being published on a distributed public ledger. Then users verify a transaction. As a reward they receive VTC coins. To reach the consensus this system uses Proof-of-Work protocol.

Where did Vertcoin (VTC) come from?

Vertcoin follows the originals of digital money. It is a cryptocurrency that is owned and run by the users.

What are the advantages of Vertcoin (VTC)?

1. Vertcoin keeps mining accessible
2. It is easy and profitable
   
   The most important is that users don’t need more than usual PC to get profit. The idea is to protect users from mining with special equipment.

What are the disadvantages of Vertcoin (VTC)?

1. Although Vertcoin uses original Bitcoin principles, it definitely has some differences from other cryptocurrencies in its history.

How to exchange crypto on SimpleSwap?

If you are interested in purchasing cryptocurrencies, you can try SimpleSwap for that. Just check out the instructions below:

1. For example, you want to swap BTC to ETH. Select the currency you want to exchange (e.g. BTC) in the first drop-down list. Then enter the amount you want to swap.
2. Select ETH in the second drop-down list. You’ll see the estimated amount that you’ll get after the exchange.
3. Click the Exchange button.
4. Enter the Recipient's Address. ETH will be sent there. Be careful and make sure you use the correct address.
5. Create the exchange.
6. You will see the Bitcoin deposit address. You need to transfer the necessary amount of BTC to this address to start the BTC to ETH exchange.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.