About Counos Coin
Counos Coin is based on the Litecoin source code and operates within a completely independent network. The coin uses a SCRYPT-based algorithm which is similar to that of Litecoin. The proof of the Counos Coin functionality is created via “Proof-of-work” technology in the form of a peer-to-peer network.
The goal of Counos Coin is to provide the highest standards from a reliability perspective for financial transactions and payments worldwide. The unit can reportedly be used to purchase gold from sellers online. In addition, the users are reportedly able to purchase and receive Counos Coin from the community, agencies, or exchange services.
How do I buy cryptocurrency?
While some cryptocurrencies, including bitcoin, are available for purchase with U.S. dollars, others require that you pay with bitcoin or another cryptocurrency.
To buy cryptocurrencies, you’ll need a “wallet,” an online app that can hold your currency. Generally, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies such as bitcoin or ethereum.
Coinbase is one popular cryptocurrency trading exchange where you can create both a wallet and buy and sell bitcoin and other cryptocurrencies.