Fully Diluted Market Cap: $805,326,313
24Hr Volume: $18,410
Max Supply: 1,000,000,000
36,050 ERC 20 holders
36,050 ERC 20 Transactions
Securing your wallet
Like in real life, your wallet must be secured. Bobcoin makes it possible to transfer valuable assets anywhere in a very easy way and it allows you to be in control of your money and assets.
Such great features also come with security concerns. At the same time, Bobcoin can provide high levels of security if used correctly.
Always remember that it is your responsibility to adopt good practices in order to protect your money and assets.
Irreversible – A transaction cannot be reversed!
When you hold Bobcoin in a wallet you control, you never have to ask for permission to use it. This means you can receive Bobcoin without waiting for a third party like a centralized exchange to approve the transaction. It also means you can send your Bobcoin wherever you want, whenever you want.
– Transactions can only be refunded by the entity or person receiving the funds. –
This means you should take care to do business with people and organisations you know and trust, or who have an established reputation.
Taxes, regulations and KYC.
Most jurisdictions require you to pay income, sales and capital gains taxes on anything that has value, including Bobcoins.
It is your responsibility to ensure that you adhere to tax and other legal or regulatory mandates issued by your government and/or local municipalities.
When you buy Bobcoin with a government-issued currency such as USD through an exchange service, you’re interacting with a regulated business. Such businesses must comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations pertaining to the transfer of money. These regulations require the collection and storage of customer information.
Bobcoin is not necessarily anonymous
Some effort is required to protect your privacy with Bobcoins. All Bobcoin transactions are stored publicly and permanently on the public blockchain, which means anyone can see the balance and transactions of any address having Bobcoins.
However, the identity of the user behind an address remains unknown until information is revealed during a purchase or in other circumstances.
Always remember that it is your responsibility to adopt good practices in order to protect your privacy.