What is Coffee Token (CFT) | What is Coffee Wallet | What is CFT token

In this article, we’ll discuss information about the Coffee Wallet project and CFT token

Coffee Token (CFT) is a utility token for Coffee Wallet project. Tokens were created to croudfund the project. You can buy CFT to support and invest in further development of this open source project.

Coffee Wallet is an open source, multi cryptocurrency wallet with integrated portfolio and many other features like paper wallets generator, “send via message” or integrated exchange.

Besides supporting the project, CFT will give the following benefits: All CFT holders will become premium users (ads removed, discounts on provisions when buying or exchanging crypto). Other crypto projects will be able to pay with CFT for an ad inside of the app or use Coffee Wallet to airdrop their tokens to users. CFT will also be used to provide a symbolic reward for new users for completing a gamified tutorial. This will ensure they understand basic wallet concepts while giving them real value.

Coffee Wallet

Coffee Wallet is an open source, multi cryptocurrency wallet with integrated portfolio and many other features like paper wallets generator, “send via message” or integrated exchange.

Wallet

Send and receive coins using your device. Use generated keys or import wallets. Support for BTC, ETH, DOGE, LTC, ERC20 tokens and  more.

Portfolio

Whether you use hardware, paper or a third-party wallet, you can add addresses or balances to your ‘offline’ portfolio to keep track.

Exchange

Simply swap one cryptocurrency to another using centralised and decentralised exchanges directly from your wallet.

Open

Code is available under terms of Open Source license. And this is  more important that one might think.

Secure

Signed transactions are sent to third party providers. Private keys never leave your device. This makes you the owner of your own money.

Light

Created with Cordova and Vanilla JS, Coffee Wallet is light and able to run on multiple platforms and devices, even in your browser.

All features

  • Full wallet support for: BTC, ETH, LTC, ERC20 tokens, and more
  • Portfolio support for other coins.
  • Add address to your portfolio to keep track of its balance.
  • Configurable display currency and price source ( CoinGecko,  CoinMarketCap,  Coinpaprika)
  • Receive payment with QR code. Send payments using QR codes scanner.
  • Send payment requests with configurend ammounts.
  • Face/fingerprint authentication. If your device supports it, you will be asked to authenticate before sending payments.
  • BIP39 mnemonic support. Easy to backup 12-word passphrase generates all your private keys.
  • Exchange support. Use  Uniswap,  Changelly or  ChangeNow to exchange your coins without leaving the app!
  • Send crypto as a message (share via SMS, Messanger etc.)
  • Printable PDF paper wallet generator.
  • Bitcoin Testnet and Ethereum Ropsten support (usable tool for devs)
  • BIP72 payments (for example  bitpay)

Why Open Source?

“we keep part of our development in secret, in order to protect our users”

frequently repeated lie

You own your money only if you own your keys but how do you know if you really own your keys if you dont know what your software is doing? Wise man once said that a chain is only as strong as its weakest link. Same goes for secutity, decentralisation and privacy of systems.

Do you invest in a revolutionary technology that allows sending peer-to-peer transactions in a decentralised, transparent and secure manner but you make transaction using a closed software or you keep your assets on a centralised service? You might be doing something wrong. The sole purpose of blockchain is to allow transactions without trusted third party involvement.

That’s why transparency is a must in the decentralised world. The whole  source code of Coffee Wallet is available and you can even build it yourself.

Dowload Coffee Wallet: https://play.google.com/store/apps/details?id=coffee.software.coffeewallet

Coffee Token

Coffee Token (CFT) is a utility token for Coffee Wallet project. Tokens were created to croudfund the project. You can buy CFT to support and invest in further development of this open source project.

Tokens Utility

Besides supporting the project, CFT will give the following benefits: All CFT holders will become premium users (ads removed, discounts on provisions when buying or exchanging crypto). Other crypto projects will be able to pay with CFT for an ad inside of the app or use Coffee Wallet to airdrop their tokens to users. CFT will also be used to provide a symbolic reward for new users for completing a gamified tutorial. This will ensure they understand basic wallet concepts while giving them real value.

Technical Details

CFT is deployed on Ethereum blockchain as an ERC20 token at 0x5bf2390a68ab7db7d27ae81894c4e22e669af236 with 18 decimals

Coffee Token (CFT) is an ERC20 token with a closed supply of 7 000 000 (seven million) units.

1 000 000 Initial airdrop : 100 tokens per installation to improve App popularity, visibility and credibility in stores

1 000 000 Private ICO :

• Finish developing of 1.0 version (see above)
• Security Audit, to increase credibility
• Launching and Advertising public ICO, deploying website and ICO contract
• Legal counseling

4 000 000 Public ICO : Developing 2.0 version (see above)

1 000 000 Reserved: Project founder and team

How and Where to Buy Coffee Token (CFT) ?

Coffee Token has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT, BNB from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy CFT

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step - Transfer your cryptos to an Altcoin Exchange

Since CFT is an altcoin we need to transfer our coins to an exchange that CFT can be traded. Below is a list of exchanges that offers to trade CFT in various market pairs, head to their websites and register for an account.

Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase CFT from the exchange: Coinsbit

Contract: 0x5bf2390a68ab7db7d27ae81894c4e22e669af236

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once CFT gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

https://www.binance.com
https://www.bittrex.com
https://www.poloniex.com
https://www.bitfinex.com
https://www.huobi.com
https://www.mxc.ai
https://www.probit.com
https://www.gate.io
https://www.coinbase.com

Find more information CFT

WebsiteWebsite 2ExplorerWhitepaperSource CodeSocial Channel Social Channel 2Social Channel 3Message BoardCoinmarketcap

🔺DISCLAIMER: The Information in the post is my OPINION and not financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.

🔥 If you’re a beginner. I believe the article below will be useful to you

⭐ ⭐ ⭐ What You Should Know Before Investing in Cryptocurrency - For Beginner ⭐ ⭐ ⭐

Thank for visiting and reading this article! Please don’t forget to leave a like, comment and share!

#bitcoin #cryptocurrency #cft #coffee token

What is Coffee Token (CFT) | What is Coffee Wallet | What is CFT token
5.10 GEEK