How & Where to Buy ABBC Coin (ABBC)
Use ABBC Coin: Ways to send & spend ABBC
ABBC Coin Price & Information
Current ABBC price and historical price chart
What is ABBC Coin?
ABBC Coin is an online shopping platform where consumers can pay using ABBC Coins, buying other major online shopping mall products all through a single online shopping mall. This allows users to avoid exchange rates or transaction fees which accrue when using credit cards or PayPal, especially accounting for inter-currency conversion. Rather than signing up in a series of different online shopping malls, ABBC holders can simply visit the ABBC online shopping mall and buy products through one platform. An interesting feature of the ABBC payment solution app is that it makes use of facial recognition software to facilitate activation and security measures, which sets its app apart from most other cryptocurrency-based apps.
History of ABBC Coin
ABBC Coin was the corresponding ABBC Coin foundation was founded by fintech entrepreneur Jason Daniel Paul Philip, in 2018. The ABBC Coin ICO ran from March 16th to July 3rd, 2018, and upon completion announced that it would be listed on 8 exchanges simultaneously, starting in October 2018. In late February and early March 2019, the coin skyrocketed in price, tripling its market cap in a matter of 3 days, which surpassed $200 million by March 8th. Prior to the settlement of a trademark dispute with Alibaba Group China, the coin was known as Alibabacoin, and its foundation known as the Alibababacoin Foundation.
How ABBC Coin Works
Uses who register with the coin’s Online Shopping platform can receive reward points according to their total purchase expenditures. These reward points can be exchanged for selected products on the platform. Unlike traditional rewards programs where points are separately accounted for as they are gained from different online vendors, users are allowed to accumulate their rewards points in a single platform, rendering them redeemable across the entire site. ABBC Coin uses an X13 hashing algorithm, which means it can be mined using bmw, blake, groestl, jh, keccak, skein, luffa, cubhash and other hashing functions. The ABBC Coin payment solution app allows users to effortlessly integrate into their P2P business network and also provides for the conversion of other cryptocurrencies through their internal P2P crypto exchange, which currently include BTC, ETH, DASH, LTC, QTUM, BCH and XRP.
Why ABBC Coin?
As the native currency for an online shopping network, ABBC Coin has many advantages over its competitors, some of which include:
- Global payment solution. In addition to acting as the method of payment for partners connected through its online mall, ABBC Coin can be used to send payment digitally and around the world, all through the use of its app.
- Facial recognition software. The ability to access wallet features using facial recognition technology has already been implemented in the ABBC Coin app, helping to confirm the identity of a wallet’s user in order to reduce the risk of theft or fraud.
- Easy cryptocurrency conversion. With the ABBC Coin wallet app, users can easily convert in and out of other cryptocurrencies at competitive rates through its embedded exchange feature.
- Smart platform features. Through the use of a 3-key system, security, privacy and identity are all compartmentalized into different areas of storage, assuring that funds contained in user wallets cannot be stolen, and their identities not have to be broadcast upon each transaction.