How TTN coin will be used in multiple countries as a way of payment?
Titan coin, which is a peer-to-peer digital currency for faster and secure global payments, was launched in 2018 as an alternative to the existing cryptocurrencies like Bitcoin which failed to become mainstream because of limited reach and high volatility.
Naturally, Titan coin has been designed such that it enables faster, nearly instant, digital payments which are more secure than the alternatives. But like any other digital currency, the potential users of the Titan coin are asking the same question: Where can we use the Titan coin? We will try to answer that here.
Titan coin (TTN) is much bigger than just a digital currency for payments, although it was designed with that purpose only. But today, people expect cryptocurrencies to do more than just provide a way for exchanging. This is one of the reasons why Bitcoin was limited in real-world applications.
Titan coin, on the other hand, is designed to be compatible with a number of payment options in a range of industries in multiple countries worldwide.
What are the possible uses of Titan coin?
As a digital payment system, Titan coin can be theoretically used for any kind of payment transaction at any place. This includes shopping, online payments, mobile recharges, ticket booking, money transfer, money exchange, and more.
Designed as a payment currency, the primary use of Titan coin is for sending & receiving payments. The benefit of using it instead of traditional payment methods is that you get a more secure and cost-effective way of making cross-border payments.
For instance, if you are a company working with employees in many locations, Titan coin may provide a convenient and reliable way to pay salaries to all your employees in different countries, without paying a high transaction fee. Similarly, freelancers can use it to get paid from their global employers minus the high transaction fee of traditional platforms.
Why should people use Titan coin?
Titan coin is a decentralized currency, which means it is independent of any central entity such as a bank or the government. New coins are produced through mining/staking which is a transparent process. Titan coin uses blockchain technology for allowing users to make peer-to-peer payments using its network.
Some of the benefits of using Titan coin for making digital payments include:
- Global reach (cross-border)
- Instant payments
- More secure than traditional payment methods
- Peer-to-peer, so no exchange fee
- User anonymity
- Low transaction fee
- Immutability — transactions cannot be corrupted
- Mobile app for convenience
Is Titan coin currently being used as a way of payment?
Titan coin is still a new currency, which not many people know about. We are doing our best to spread the information so that more and more people worldwide can benefit from this convenient and secure payment system.
The Titan coin team will partner with merchants (online & offline) throughout the world to integrate this cross-border payment system into their payment processes.
Other than that, Titan is also developing its own range of projects where Titan coin will provide a reliable payment mechanism. The users of Titan apps, including Titan dating app, fantasy gaming app, family security app, etc. will be able to make payments via the Titan coin in a completely secure and anonymous manner.
To know more about the future plans and applications of the Titan coin, please visit https://titanprojects.co/
For any query or question, feel free to reach the team at the official Telegram channel @ https://t.me/TitanCoinOfficial
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