Walton Crypto Coin
What Is Walton Crypto Coin?
Launched via ICO using Ethereum by Chinese and Korean developers in 2016, Waltonchain is named after the inventor of radio-frequency identification (RFID) technology, Charlie Walton. This joint Chinese/Korean project aims to combine blockchain and RFID technology to track items and improve and decentralize supply chain management.
Waltonchain already has some strategic partnerships with entities primarily from China and Korea. They are also cooperating with Coinnest, one of the largest Korean cryptocurrency exchanges, in an effort to expand their share in that market and build a more global base.
Walton’s coin, WTC, is currently an ERC-20 token. Once the Genesis block of Walton’s main net has been mined, however, it will be replaced by the Walton Coin and move to its own blockchain.
How to buy Walton (WTC)?
You can’t buy Walton (WTC) with popular fiat currency (like USD) yet. You can only purchase it with South Korean Won KRW on two Korean exchanges – Coinnest & Coinrail. Otherwise, you can get some WTC coins with US dollars if you follow the below steps.
1. Convert USD to Bitcoin or Ether first.
There a number of exchanges that offer that, but we suggest that you use Coinbase. First, because it is very user friendly entry-level exchange that supports convenient payment methods, such as credit and debit cards, bank transfers and PayPal. Second, it holds a New York bit license and is available in many countries.
Once registered and verified at Coinbase, buy either BTC or ETH.
2. Register with another exchange that supports Walton (WTC). There are actually a couple of exchanges that offer that coin, but it is mostly traded at Binance.
3. Transfer the Bitcoin from Coinbase to the other platform of your choice.
4. Exchange your Bitcoin to WTC.
5. Store it in a secure wallet.
We advise our readers to keep their coins off exchange for security reasons. You can use MyEtherWallet for storing WTC, as it is an ERC-20 Token. Hardware wallets like Ledger Nano S or Trezor will also be appropriate, especially for larger purchases.
Theoretically, you can also trade Walton in the form of Contract-for-Difference (CFDs), instead of buying it on an exchange, which seems a bit complicated. Many forex brokers support trading in Bitcoin, Ether, and other altcoins, but unfortunately none of them offers WTC coins yet. Nonetheless, if you’d rather not bother with wallets and private keys, check out what brokers have to offer regarding cryptocurrency trades.
Below, you can find a list of exchanges that currently support Walton. Click on the “review” button, if you need further information about the cost of trading, reliability, and ease of use of each of them.
How to buy Walton Crypto Currency Conclusion
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