What is the relationship between icn and iconomi and how to trade icn?

preamble

Hello, everyone! Today we're going to talk about a topic that has been very popular in the cryptocurrency world: the ICN Coin and how it relates to the ICONOMI platform. If you're new to the cryptocurrency world, or you've heard of these names but don't know much about their use and value, then this is the article for you. I will give you an in-depth look at where ICN coins come from, what they are used for, and how you can use them to trade or manipulate your commissions. I will also explain the role and significance of ICONOMI as an innovative platform so that you can clearly grasp their core value.

The backstory of ICN Money and ICONOMI platforms

ICONOMIis a blockchain platform dedicated to simplifying cryptocurrency investing, launched in 2016 with the aim of making multiple crypto assets easily accessible and manageable for the average person.ICONOMI is more than just a trading platform, it's a tool to help users invest in and manage their crypto asset portfolios.

ICN Coin is the native token of the ICONOMI platform and was initially used as a key pillar of the platform's operations, primarily for paying transaction fees, participating in governance, and receiving platform profits. With the rapid growth of the cryptocurrency market, ICONOMI gradually completed its transformation of ICN Coin to other forms of tokens on Ether (ETH) in 2020. This allows the platform to be more flexible in its functionality and enhances the freedom of investment for users.

ICN Coin Usage and Value

ICN Coin has a clear functionality when the ICONOMI platform was first launched, which mainly includes the following points:

1. Transaction Fee Discount: ICN Coin holders can enjoy a certain percentage of transaction fee reduction when using ICONOMI.
2. Platform Bonus: In the early design of ICONOMI, users could participate in the profit sharing of the platform by holding ICN coins, which was attractive to long-term investors.
3. Participation in Governance: The ICN Coin gives holders of the coin a certain amount of voting rights, allowing them to express their opinions on the future direction of the platform.

With the functional transformation of the ICN Coin, it is no longer the core token of the current ICONOMI platform operation, but its former importance helped the platform gain a large number of users in the early days.

How to buy ICN coins?

Even though the ICN Coin is no longer ICONOMI's primary token today, it can still be traded or exchanged in certain ways:

1. Selection of supported exchanges
ICN Coin used to be available on several large exchanges, including Binance and Kraken, but over time many of these exchanges are no longer supported. It is important to confirm whether ICN Coin is still available on these platforms.

2. Use of decentralized exchanges
Since ICN Coin is based on the Ether blockchain, users can trade using decentralized exchanges such as Uniswap and use ETH directly as a counter currency.

3. Wallet Preparation and Security
Before trading ICN coins, make sure you have an Ethernet token-compatible wallet, such as MetaMask or Trust Wallet, so that you can store and manipulate ICN coins.

Current Status and Future Prospects of the ICONOMI Platform

ICONOMI has now transformed from the original ICN Coin model to a more flexible crypto asset management platform, offering a variety ofCrypto Asset Portfolio (DAs, Digital Asset Arrays)To help investors diversify their risks.

Here are the highlights of the ICONOMI platform so far:

• Simplify the investment process: No specialized technical knowledge is required, and it can be easily operated by ordinary users.
• Diverse Asset Selection: Support for dozens of cryptocurrencies and asset portfolios.
• Transparency and Security: Transparent transaction history and asset management based on blockchain technology.

ICONOMI's future direction will focus on providing more customized asset management services and collaborating with other FinTech platforms to further expand its user base.

How to operate on the ICONOMI platform with rebates?

1. Register and get a referral link
After registering an account on the ICONOMI platform, users can get a dedicated referral link and earn commissions by inviting other people to register and use the platform services.

2. Percentage of commission earned
ICONOMI offers different levels of rebate percentage, the specific figure will be determined according to the volume of your invitation activities. Generally, the rebate can reach 20%-50% of the trading commission.

3. withdrawals and redemptions
Rebate rewards are usually paid out in cryptocurrency, which users can choose to keep or convert to other tokens, or withdraw directly to their wallets.

Frequently Asked Questions Q&A

Q1: Is ICN still worth investing in now?
A1: As ICN Coin has been transformed by the ICONOMI platform, its value as a standalone investment is limited, but its historical value is still informative.

Q2: How do I verify the security of the ICONOMI platform?
A2: The ICONOMI platform is supported by blockchain technology and is continuously audited for security. Users are also required to properly manage their private keys to ensure asset security.

Q3: What other similar platforms to ICONOMI can be considered?
A3: Similar platforms include eToro, Coinbase, and Crypto.com, which also offer a diverse range of crypto asset management services.

I hope this article helps you to understand more about the story of ICN and ICONOMI and how it works. If you still have any questions, please feel free to contact me in the comments section!