ABBC is a blockchain platform that enables secure payment transactions, helping to facilitate retail adoption of cryptocurrencies and make shopping online with digital assets a safer, more enjoyable experience for end-users.
The platform offers three main products: a multi-platform wallet capable of supporting Bitcoin (BTC) and Ethereum (ETH), in addition to a variety of other native cryptocurrencies and ERC-20 tokens; an online shopping application that can be used to shop at over 50 online retailers with cryptocurrencies; and a cryptocurrency exchange platform that offers secure trading and low transaction fees.
The ABBC Coin was created to give holders the ability to govern the development of the ABBC platform by delegating voting power to chosen block producers (BPs) — who are then able to vote on governance proposals. These governance proposals can be on a range of topics but might include launching strategic partnerships, implementing new features or expanding ABBC's services to new regions. Beyond this, ABBC Coins were created as a reward system for online shoppers and can be staked for regular rewards.
ABBC is currently based on the EOSIO blockchain, which enables it to achieve up to 5,000 transactions per second (TPS) while remaining environmentally friendly due to its energy-efficient delegated proof-of-stake (DPoS) consensus mechanism.
ABBC Coin was initially known as Alibabacoin but changed its name in March 2019 following a dispute with Chinese multinational e-commerce giant Alibaba.
How to Buy ABBC on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing ABBC. Some reputable platforms include LBNK, Okx, Kraken, and others.
Step 2: Register an Account
Here, we'll register an account on the OKX (registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing ABBC.
Step 5: Purchase ABBC
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of ABBC you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy ABBC.
Step 6: Store Your ABBC
After purchasing, you can choose to store your ABBC in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and ABBC assets, be sure to use a strong password and enable two-factor authentication.
ABBC Price:ABBC is a blockchain platform that enables secure payment transactions, helping to facilitate retail adoption of cryptocurrencies and make shopping online with digital assets a safer, more enjoyable experience for end-users.The price fluctuates daily, and as of March 30, 2024, the highest price for ABBC was $2.05
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