CoinsRace is an online cryptocurrency exchange and business development platform that educates about cryptocurrencies like MobileCoin. It allows users to buy and sell MobileCoin, provides digital wallets, and educates merchants on accepting MobileCoin through their Merchant Program. The MobileCoin e-wallet enables easy and secure transactions on mobile devices.
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MobileCoin
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About CoinsRace
CoinsRace is an online
cryptocurrency exchange
and business development
platform that educates the
global online community
about the benefits and use
of cryptocurrencies.
Our Values
CoinsRace stands for the global financial development and progress.
We believe that community-based cryptocurrency is the best way to
popularize the newly emerged technology and make real changes in the
flawed system.
Our History
The development of CoinsRace began on 30th January 2014 when the
website was registered. It took us a year to polish the technology, tools
and the whole idea behind it. Our platform was launched on 1st January,
2015 exclusively to the members of the CoinsRace community.
Idea was so well received that the very first MobileCoin purchase was
made possible very soon after the official launch. On 18th March, 2015
two users from Romania signed a deal,
exchanging 55,000 MobileCoins for a
house. Over 800 media channels reported
about the event where Several CoinsRace
representatives, media, local notary
representatives and the two parties of the
contract were present at the signing.
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Then, the whole market went crazy, starting to trade almost anything for
MobileCoin. The community started to actively trade cars, motor bikes,
real estate, land and other good on a daily basis. MobileCoin has proven
many times what the cryptocurrency market is capable of and that it can
be an active and essential part of business.
On 23rd May, 2015 the CoinsRace platform announced that its members
will be able to exchange their MobileCoins for gold and silver, alongside
the already available exchange for fiat.
The CoinsRace Platform
The CoinsRace exchange platform allows our users to both buy and
sell MobileCoins. In addition to this, it provides users with a digital wallet
which can be used on your mobile device, giving the full control over the
account balance no matter the location.
The CoinsRace website is
available in more than ten
languages: UK English, German,
Italian, Polish, Bulgarian, Turkish,
Slovenian, Hungarian, Romanian,
Czech, Croatian, Chinese and
more.
What CoinsRace does for its users?
• Explain how MobileCoin works
• Provide opportunity and long term benefits
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• Suggest possible uses
• Provide MobileCoin features
• Invite new users to join the community
What can our users do at CoinsRace.com?
• Learn the history of MobileCoin
• Trade your Mcoins
• Enrol for the Merchant Licence training.
• Purchase with MobileCoin
• Download a Wallet to manage your CoinsRace account
MobileCoin
At CoinsRace, we believe that cryptocurrency is an agent for innovation
in the current economic system.
MobileCoin (Mcoin, MCO) is a fully digital form
of money based on a self-sustaining user-based
network allowing instant transactions worldwide.
The coin was officially launched on 1st January,
2015 and was exchangeable for fiat currencies
ever since. The MobileCoin price jumped from 0.10
to 1.03 euro in less than four months.
MobileCoin is a payment method and a full-fledged cryptocurrency,
created and popularized by the CoinsRace platform.
MobileCoin is accepted for payment on numerous online games and
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websites. It has also been accepted by various leading private dealerships
for sales of automobiles and motorbikes such as BMW, Citroën, Opel,
Suzuki, and Yamaha.
On 10th July, 2015 a Slovenian dealer sold a BMW 750 as the first
recorded merchant purchase, using MobileCoins. The slightly used car
was sold for 32,400 MCO.
In August, 2015, a shiny motorcycle ‘Yamaha 1300A Midnight Star’ has
been sold for MobileCoins by a Bulgarian CoinsRace user. The fiat price
of the motorcycle was €10, 800.
MobileCoin Ambassador
Every devoted MobileCoin user can become a MobileCoin Ambassador
and invite new merchants to join the CoinsRace community. This is
possible after the user goes through the Merchant Program training.
Involving yourself in CoinsRace means being an ambassador of the
crypto revolution. You will be the one who brings changes and pushes
the digital development.
Thus, being an ambassador means engaging new adopters and
popularizing the currency.
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The time that you invested in attracting new merchants will return to
you as doubled or tripled Mcoin income. All of your referrals will bring
you commission payments, and it’s only up to you how grand the
commissions will be.
When you are an ambassador, your target audience is not limited to
online businessmen. You can approach even a café owner to join the
Merchant Program by accepting MobileCoin payments. It’s easy and
fast because such payments do not require cash – a visitor only needs a
mobile phone or tablet to send any payments digitally.
Mining with CoinsRace
As an internal exchange network, the CoinsRace system allows only
registered members to mine and exchange the MobileCoin, but the
nature of the technology is such that anyone in the world can use it at
any given time.
So how does an online payment happen? Does it require specific skills
or knowledge?
Online payments are easy and instant; they are also more secure. To
conduct a transaction, user needs to download an application that will
allow him send, process and receive e-money.
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MobileCoin Transaction Example
1. Joe installs MobileCoin application, a software that enables the
mining process of a MobileCoin. The application creates a Mcoin
file that contains information about Mcoin addresses and quantity,
owned by Joe.
2. If Joe wants to make his transactions more secure, he can create
a new address for each transaction. The wallet file enables to track
MobileCoin addresses value. Mcoin address consists of two parts:
private key and public key. Always keep your private key information
confidential!
3. When Joe’s friend
Alice wants to send
him a MobileCoin, Joe
has to create a new
Mcoin key pair and
share the public key
part with Alice.
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4. Alice enters the public key into her Mcoin application and sends a
coin to Joe.
5. When the transaction is complete, the information related to the
transaction is broadcasted within the Mcoin network.
Thisdataincludes:publickeyofAliceandJoe,theamounttransferred,
and a unique Mcoin signature based on Alice’s private key.
6. The MobileCoin network validates the transaction, and only then the
Mcoin sent from Alice to Joe is actually transferred.
The validation process happens when users resolved so-called
“puzzles”. Each puzzle has a pattern, and to be verified, a transaction
needs to fit into this pattern. The whole operation is called “mining”.
At CoinsRace, a MobileCoin transaction takes a couple of minutes.
7. By the end of the verification, the transaction code is added to the
public blockchain.
8. CoinsRace users, taking part in the MobileCoin mining, are rewarded.
Thus, the more active you are, the more Mcoins you will get.
Have Your Own CRX Unit
With CoinsRace, you can rent CRX units and this way to join the mining
process. CRX unit is a special hardware designed to create and validate
MobileCoins.
Because it is an expensive and complex hardware, at CoinsRace we
wanted to make the entire thing as user friendly as possible. We offer
the full support and management delivered by the team of crypto-
professionals. In this way, our users can fully participate in the mining
process without any additional costs or efforts.
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Why to rent a CRX unit with CoinsRace?
• One year contract
• Direct involvement in the network
• No electricity cost
• Heavy contribution to the stability and security
• No hardware setup cost
• No maintenance cost
• Instant payment
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Our E-Wallet
MobileCoin transactions happen thanks to the CoinsRace platform and
the MobileCoin wallets.
The MobileCoin e-wallet is a centralised mobile app for Android and iOS
platforms, which allows users to trade and exchange coins simply and
directly, through the mobile version of the platform.
The mobile app is a sure way to make the business aspect of the
cryptocurrency a lot more sustainable and user-friendly. At CoinsRace,
we work only with the latest technology; we want to ensure that our
merchants have the best tool available for doing business online.
Inaddition,MobileCoinjustlikeanyothercryptocurrencyhasdecentralized
foundation. That means any user can download a decentralized wallet
client and trade coins freely and anonymously.
Benefits of MobileCoin E-Wallet
In short, our e-wallet enables users to set up secure financial relationships
with partners from the CoinsRace network.
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Easy control over the account, transactions, and funds enables you to
save time and focus on the really important matters.
Download MobileCoin wallet as a mobile app to enjoy these features:
√ Security. Our e-wallet is protected by specific encryption software.
√ Fast transactions. They are possible only via an electronic network,
or, in other words, via e-wallet. Exchange your Mcoins, buy and sell
things with them just with a finger tap.
√ Stay connected to your favorite brands. Starbucks, Dunkin’ Donuts
and many other businesses adopted an e-payment technology and
accept digital transactions as a payment.
√ It is a business tool. If you are a seller, e-wallet will be a necessity
you have to adopt very soon.
Exchange, trade and pay with our MobileCoin e-wallet.
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Merchant Program
There’s a huge growth potential for cryptocurrency. That’s why we have
designed the Merchant Program that enables true entrepreneurs to
make the best use this digital phenomenon.
Merchant Program suggests a number of benefits that only authorized
CoinsRace members can have.
Merchant program is basically a reward program for the members to
introduce MobileCoin to the merchants. As the user network grows, so
does the opportunity. This incentive is something that really differentiates
MobileCoin from anything else.
Just imagine getting paid for introducing something that is free and
solves people’s problems!
Become an Ambassador of Crypto Revolution
Every devoted MobileCoin user can become a MobileCoin Ambassador
and invite new merchants to join the CoinsRace community. This is
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possible after the user goes through the Merchant Program training.
Thus, being an ambassador means engaging new adopters and
popularizing the currency.
There’s a huge growth potential for cryptocurrency. That’s why we have
designed a program that enables true entrepreneurs to make the best
use this digital phenomenon.
We want to be among the first ones who recognized the great potential.
Engaging New Businesses
When introducing MobileCoin to a new business owner, the certified
ambassadors shares unique insights of the MobileCoin and CoinsRace
systems, and explains their advantages.
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What are the benefits of using MobileCoin as a payment method?
√ Easy to adopt. A merchant does not need specialized equipment to
operate with MobileCoin. A smart phone, tablet or PC are suitable for
Mcoin transactions and management.
√ Easy to adapt. Your book keeping programs will not need serious
adaptation, because the MobileCoin system allows you to avoid
reprograming.
√ Lower fees thanks to the MobileCoin independency from banks or
other financial institutions.
√ CoinsRaceisapartofgrowingbusinessnetworkthatbringsnumerous
advertising opportunities. By accepting Mcoins, merchants get a
greater exposure for their products and services.
√ Potential additional profit based on the growth.
√ Ability to exchange for fiat immediately thus eliminating the risk from
the volatility.
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Why You Should Join CoinsRace?
√ It’s an entrance ticket to a private business community and large
advertising and marketing networks.
√ CoinsRace is a secure platform for a range of financial operations
with MobileCoin. Meaning, we offer an exchange and trading
functions for our merchants.
√ It offers a strong reward programs that allows a merchant to receive
commission payments when his referrals sign up. The merchant will
be rewarded every time his referral sells something within CoinsRace
network.
Additional opportunity to optimize the online presence and bring more
traffic (and potential clients) to your professional website.