There has been much newspaper and TV talk recently about alternative online cryptocurrencies and how they fare in modern society. Bitcoin is one that has been heavily featured as the potential leader of the bunch but even that has been treated with mistrust and confusion as people struggle to get their heads around the concept of non-traditional, non-folding money. The fact is, however, that more and more online (and non-online) companies are finding it a very convenient way of paying and being paid for goods and services. Coinnext is an online cryptocurrency exchange that facilitates the buying and selling of cryptocurrencies such as Bitcoin. It features a wide range of market pairs available to trade and includes all the popular altcoins such as Litecoin, Dogecoin and Peercoin.
According to Wikipedia, a cryptocurrency is a "medium of exchange designed around securely exchanging information which is a process made possible by certain principles of cryptography. The first cryptocurrency to begin trading was Bitcoin in 2009. Since then, numerous cryptocurrencies have been created. Fundamentally, cryptocurrencies are specifications regarding the use of currency which seek to incorporate principles of cryptography to implement a distributed, decentralized and secure information economy." Phew, quite a mouthful, don't you think? Coinnext is a trading application that is custom developed and specifically targeted towards cryptocurrencies and is capable of reliably making thousands of unique trades per second. Its aim is to provide an online trading platform for people to buy and sell digital currencies safely and securely and provides the highest bank-grade security measures possible to ensure a safe environment for customers to trade and store cryptocurrencies.
Coinnext was founded early in 2014 by a pair of highly experienced Belgian entrepreneurs with a vast knowledge of design, engineering, marketing and software and with an extensive knowledge of cryptocurrency protocols. They were backed up by a legal councillor who specializes in international taxation as well as the tax and legal treatment of Bitcoin. Their mission is to try to offer the best cryptocurrency trading experience possible using a secure and reliable environment. The fact of the matter is, it isn't just new businesses that are accepting Bitcoin as a way of payment. Brand new startups, run by very experienced people, are coming to life and looking at introducing this new form of money - the cryptocurrency - into the real world and to an evergrowing market. Coinnext is a really good, reliable, secure and transparent way of getting in on the action first.