Contracoin

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**CONTRACOIN (CTCN)**: CONTRACOIN is a cryptocurrency launched on June 5, 2018, by a team based in Australia. Operating on the Ethereum platform, CONTRACOIN aims to address the global challenges associated with the sale and purchase of real estate by using the CTCN Token as the primary method of payment. The total supply of CONTRACOIN is 100,000,000, with 51,024,030.5 tokens currently in circulation. The most recent price of CONTRACOIN is $0.02101064 USD, showing no change over the last 24 hours. Currently, CONTRACOIN is traded on three active markets, with a trading volume of $1,167.43 in the past 24 hours. For more information, you can visit their official website at [https://www.contracoin.network](https://www.contracoin.network).

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FAQ

What is Contracoin and what purpose does it serve in the cryptocurrency space?

Contracoin is a cryptocurrency operated on the Ethereum platform, launched by an Australian team in 2018. Its primary purpose is to facilitate global real estate transactions using the CTCN Token as the main payment method. By integrating blockchain technology, Contracoin aims to simplify and decentralize the complex processes involved in buying and selling properties internationally, addressing traditional challenges such as transaction speed, costs, and cross-border limitations.

How does Contracoin benefit the real estate industry compared to traditional payment methods?

Contracoin offers several benefits over traditional payment methods for real estate transactions. By utilizing blockchain technology, Contracoin ensures faster, more secure, and less costly cross-border payments. It reduces reliance on banks and intermediaries, minimizing transaction costs and delays. Furthermore, using the CTCN Token can provide investors and buyers with a more transparent, decentralized method of exchanging value in real estate, ensuring trust and efficiency in every transaction.

How does Contracoin compare to other cryptocurrencies in the real estate sector?

Contracoin distinguishes itself by focusing specifically on simplifying real estate transactions using the CTCN Token as its payment medium. Unlike other tokens which may address broader real estate solutions or require proprietary platforms, Contracoin operates on Ethereum, providing accessibility and interoperability with other decentralized applications. Its targeted approach addresses specific real estate transaction challenges, such as speed, cost, and cross-border limitations, offering a specialized tool for real estate investors and buyers.

What are the current trading statistics for Contracoin?

As of the latest data, Contracoin has 51,024,030.5 tokens in circulation out of a total supply of 100,000,000. The current price of a CTCN Token is $0.02101064 USD, with no price change observed over the past 24 hours. It is actively traded on three markets with a recent 24-hour trading volume of $1,167.43. These statistics indicate a stable yet evolving market presence within the cryptocurrency sector, especially focusing on real estate transactions.

What role does Ethereum play in the Contracoin ecosystem?

Ethereum serves as the foundational platform for Contracoin, supporting the deployment of its smart contracts and facilitating transactions. By operating on Ethereum, Contracoin enjoys the security, decentralization, and wide-reaching compatibility that Ethereum offers. This choice ensures that CTCN Tokens benefit from Ethereum's established blockchain infrastructure, enhancing trust, security, and the seamless handling of real estate transactions across international borders. It also allows for integration with other Ethereum-based applications and services.

What should I do if I encounter issues with using or trading Contracoin?

If you experience problems with using or trading Contracoin, first ensure that your digital wallet is Ethereum-compatible and properly configured to accept ERC-20 tokens. Ensure that you have sufficient Ethereum to cover transaction fees. If issues persist, you should check the Contracoin official website and their provided resources for troubleshooting guidance or updates on network status. For unresolved problems, contacting their support team via listed channels could provide additional assistance. Ensure that you're using trusted and secure networks and platforms while handling cryptocurrency transactions.

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