Monday, December 12, 2016

Swisscoin Frequently Asked Questions and Answers (FAQ)

   
   
For the benefits of new comers, you might want to go through this SwissCoin Frequently Asked Questions and answers covering the meaning of Swisscoin, how it works, how to register, how to fund your e-wallet, how to buy packs, meaning of KYC, how to get bonuses, how split works, how to withdraw your money and so many other key questions commonly asked by new and existing members of Swisscoin business are answered here.

WHAT IS SWISSCOIN?
SwissCoin is a new digital currency also known as cryptocurrency. It works on the principle of blockchain technology.
Swisscoin Frequently Asked Questions and Answers
WHO IS THE FOUNDER?
It was created by a Switzerland-based company

Swisscoin is a product of the Swiss company Euro-Invest Solution GmbH - under Veto Conecpt AG.

WHEN DID SWISSCOIN START?
It was pre-launched on May 1st and their blockchain went live and started mining the first batch of the coin on June 4, 2016. In less than 60 days since pre-launch and 20 days since the blockchain went live, over 400, 000 registrations have been made.

WHO CAN INVEST IN SWISSCOIN?
Anybody can invest in Swisscoin.

WHAT COUNTRY CAN INVEST?
SwissCoin is a worldwide business and anybody from any country can invest.

HOW DO I INVEST?
You invest in Swisscoin by registering with the company and buying educational packs. When you buy this educational pack, the company gives you tokens which would be used to mine your Coin. Each pack comes with a certain split. The split ranges from 1 to 3 depending on the pack you buy.

WHAT'S THE PRICE OF SWISSCOIN?
At the time of writing this, the Price for one swisscoin is just €0.15, but it will keep growing after each split.

WHAT ARE THE DIFFERENT PACKS IN SWISSCOIN?
The packs ranges from the lowest, €25 to the highest, €15,000.
Swisscoin packs
HOW DOES THE MINING WORK?
The Mining of the Coins happens in “SPLITS”, then your Token get changed to SwissCoins.

WHAT IS A SPLIT?
A split doubles your tokens before submitting it for mining.
Swisscoin Split indicator
A SPLIT is a level of producing a limited amount of coins. As soon as this amount is reached the next SPLIT will start producing (mining) coins.

With every new Split it is more complicated to produce new coins, that means the price will grow up. The price of the Coins will grow and the price for the Token as well.

That means now in the beginning of the Mining the price is very low and the best point to get started.

WHAT IS A SPLIT INDICATOR?
The split indicator as its name implies shows how the split increases. It increases from 1 to 100%. When it gets to 100%, the split occurs.

WHAT IS THE RELATIONSHIP BETWEEN THE SPLIT INDICATOR, THE TOKENS AND THE DIFFICULTY LEVEL?
When you buy a pack, you're given tokens. This tokens doubles and when the split indicator gets to 100%.
Then, the doubled tokens would be divided by the current  difficulty level.

Assuming, you have 10,000 tokens before the split.

The 10,000 tokens would then be 20,000 tokens after the split indicator hits 100%.

Now, let's assume the Difficulty Level is 4, your 20,000 tokens would be divided by 4 making it 5,000 Swisscoins. Note that it's now 5,000 Swisscoin and not tokens again.

WHAT IS THE CASH AND TRADING ACCOUNT?
When receiving a commission with SwissCoin, 60% goes to cash account free for you to use and 40% goes to mandatory trading account, used to purchase more packs/tokens to generate even more SwissCoins for you to continue accumulating more income.

Click here to register with Swisscoin and get 100 coins for free.

Once you have registered with the link above, then click here to join my Swisscoin WhatsApp group where we guide you more

HOW DO YOU WITHDRAW YOUR COMMISSION BONUSES? 
After you must have earned some commission in your SwissCoin wallet, you have a couple of ways to withdraw your fund;

1. Cash-out to bank account.
2. Using SwissCoin MasterCard which will be available in year 2017
3. Reinvest your fund into buying more coins and earning more money.
4. Also, you can sell directly to merchants (companies that buy and sell cryptocurrency).

WHEN CAN I CASH OUT?
According to the company, you can start cashing out your Swisscoin from next year August (2017) when the Company would officially launch it for public trading.
However internal trading takes place weeks before so you can still cash out then.

HOW LONG CAN I LEAVE MY MONEY AFTER INVESTMENT?
You can leave your money in Swisscoin after investing for as long as you like. In fact, I advise people to leave it till year 2020 when the value of 1 Swisscoin would have been 10€. That means, if you have bought the €250 pack, you would have 2500 Swisscoin multiply by the €10 which is €25000. If you are a Nigerian, that would be 25000 times ₦600 which is equal to ₦15,000,000. That's fifteen million Naira. Now, calculate that in your local currency.
You got it? So, why would you cash out now?

WHAT DO I NEED TO REGISTER?
You need a valid email e.g Gmail, Yahoomail, etc. Register a FREE account and get 100 coins for free. Swisscoin is giving the first 1 Million Members free 100 coins.

WHAT IS THE KYC ABOUT?
The KYC (Know Your Customer) is introduced to avoid money laundry, fraudulent acts and also to know you as a customer. Also, this would be used to issue the promised MASTERCARD.
Swisscoin KYC
You need to upload your International Passport or National Identity Card for identification.

You would also be required to scan and upload utility bill which contains your home address.

MUST SOMEONE REFER ME?
Yes, you cannot register with Swisscoin without someone being your sponsor (referral). I would be glad to be your sponsor.

Click here to register with Swisscoin and get 100 coins for free.

Once you have registered with the link above, then click here to join my Swisscoin WhatsApp group where we guide you more

HOW CAN I FUND MY ACCOUNT?
You can fund your account on Swisscoin via Bank Wiring tranfer, Bitcoin, OKpay, SwisscoinPay Asia, Swift and Sepa for now.

RECOMMENDED ARTICLE
Detailed Explanation of How Swisscoin Works

You can also buy directly from Swisscoin registered members who have euros in their cash account. All you need do is send your username to the person and he would transfer the euros to you which you would use to buy your pack.

Are you still confused? Alright let's here from you via the comments section.
   
   
   
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3 comments:

  1. Oga wizy tanks for the post, how real is swisscoin i saw a post in some blogs which claims that swisscoin is scam, i have free 100.0000 swisscoin in my account when i registered some months, how do i proceed to fund my account if it tends to be real and am in difficult level 4 please what is meaning?
    Pls contact me via
    harmoneasy15@gmail.com
    thanks sir...

    ReplyDelete
    Replies
    1. Hi Festus, if Bitcoin isn't a scam then Swisscoin is real and it's different from the review you saw on some blogs. If you check closely, they were referring to swiscoin; not Swisscoin. They are two different schemes.

      As for the 100 free coins, yes once you register, you will be given free coins but to activate it and make it yours, you have to invest by buying packages which starts from £25

      There are two major methods to fund your account. Via Bitcoin and PayPal

      Millions of people have joined Swisscoins from Nigeria and many other countries around the world.

      Though you might call it a ponzi scheme so there is no 100% assurance but life is all about risk. A real business man must take risk to move to another level if not, you will remain where you are.

      Delete

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