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What is Catcoin (CATS) and how does it work?

by Financial Economy

Catcoin is a digital currency that uses cryptography to secure transactions. It is built on the worldwide Binance decentralized computer network that manages the Catcoin transaction. Information about some topics that what is Catcoin (CATS), how it works, how to buy it, on which exchange, how much is it, etc. is in continuation of the article. You can browse here for information about NXT coin.

What is Catcoin (CATS) and how does it work?

Catcoin and other cryptocurrencies are digital assets because they are virtual and have a monetary value. For this reason, they are often referred to as “cryptocurrencies”. They share many characteristics with traditional currencies, which is why people often refer to them as “digital cash”.

Catcoin uses the Binance Smart Chain as its main chain, which is faster, cheaper and more scalable than Ethereum. Catcoin Token is a decentralized token running on the Binance Smart Chain.

Catcoin is a deflationary token. Each time a transaction is made, a certain percentage of the transaction will be burned. Over time, the number of coins in circulation will decrease, eventually causing the value of each remaining token to increase.

Catcoin features!

Passive Income: Every transaction using Catcoin has a 2% deduction allocated to the owner pool. This simply means that holding will result in the amount of coins automatically increasing each day as the community trades.

No Whales: $CATCOIN is programmed to prevent large wallet holders (whales) from trying to influence the price in their favor or sell it.

Community Driven: CATCOIN is a community driven project. To make this project healthy, 6% liquidity tax has been added to each sale. CATCOIN is listed with 90% Tokens and 3% is reserved for Token Marketing.

Catcoin aim!

Catcoin’s primary mission is to build a community of cat lovers and supporters who care about cats. Catcoin has also launched an initiative to help Animal shelters through donations and develop new fashion products.

Which exchange is CATS coin on?

Catcoin is listed on some cryptocurrency exchanges such as CoinTiger, IndoEx, LBank, BKEX,  PancakeSwap (V2), etc.

How to buy CATS coins?

Catcoin can be purchased from listed some cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

CATS token supply!

Total supply of Catcoin is 987.567.814.357.109 CATS.

CATS token price!

As of November 7, 2022, at the time of the writing, 1 Catcoin price is around $ 0.0…09934 (because of the volatility on crypto market the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

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