F.A.Q.

What is EZCoin?

EZCoin is a cryptocurrency project with a market ticker of EZC, it utilizes the Scrypt Proof of Work (PoW) and Proof of Stake (PoS) protocol methods for coin extraction and overall compounding in the wallet which not only allows for individuals with little working experience of digital currencies to get involved but this protocol method also protects the overall network from bad actors who fraudulently wish to game the system and unfairly mint or extract coins.

Are special computer skills required?

Yes, it would be beneficial to have a basic understanding of computers and the internet. Most transactions are done via computers, or mobile devices.  We offer EZCoin School for those who have reached this far.

How long does it take to get started?

Typically 30mins-1hr is enough time to setup our crypto currency wallet. This will depend on your computer skill levels in the fields of crypto currency and finance.  Please visit our EZCoin School for in depth instructions & tutorials.

Is EZCoin secure?

In terms of security, blockchains are some of the most secure transactions to date. They are verified multiple times before processing is complete. You can store your coins locally in your secure crypto wallet, or online. Never share your pass phrases or codes.

How do I purchase EZCoin?

Please visit Dex-Trade.com to buy EZCoin on the market now.

What is an EZCoin wallet?

We offer our users several choices to store your EZCoin securely. Our web wallet is the easiest way to get started from any device. Visit www.MyEZCoinWallet.com to Sign up and create your EZCoin wallet address.

Users can stake their coins to earn rewards by downloading the EZCoin Core Wallet to their PC, Mac, Or Linux platform. Only the EZCoin Core Wallets allow staking.

Also users can download our mobile friendly wallets from iTunes & Google Play when they become available. 

Where can I use EZCoin?

EZCoin will be used to purchase goods and services off of our e-commerce website. The future of EZCoin is unlimited. This is currently under construction.

What is an ICO presale?

An initial coin offering (ICO) is the cryptocurrency industry’s equivalent to an initial public offering (IPO). A company looking to raise money to create a new coin, app, or service launches an ICO as a way to raise funds. Interested investors can buy into the offering and receive a new cryptocurrency token issued by the company. This token may have some utility in using the product or service the company is offering, or it may just represent a stake in the company or project. We have completed an ICO and have moved onto an exchange platform.

What is an exchange?

Cryptocurrency is much like any market and will have exchanges. A website or platform where you can buy and sell multiple cryptocurrencies on the market. EZCoin is listed on Dex-Trade.com at this time. The current pair is EZC/USDT.

Why is EZCoin not listed on Coinbase, or Robinhood?

EZCoin is in early stages, and only listed on Dex-Trade.com at this time. One of our goals is to be listed on major platforms like Coinbase & Robinhood.

Will there be more EZCoins minted?

We have a maximum supply of 1,000,000,000 (1 Billion) EZCoin.  Current circulating supply is Apx. 330 million coins. Miners are adding 2,500 coins to the circulating supply daily. 

What is mining?

Users can earn rewards with hardware mining. Utilizing the Scyrpt algorithm, hardware can be configured to mine EZCoin and earn block rewards. 1 coin is awarded per block found.

What is staking?

Using the core wallets, users are able to store their coins like a savings account. The more coins you store in your core wallet, the greater your chances of receiving block rewards. 1 coin is awarded per block found.

What is a (POW) (POS) (Hybrid) coin?

EZCoin is a hybrid coin, utilizing both the proof of work, and the proof of stake consensus’ to verify transactions and mint new coins. (more soon)