FREEcoin Frequently Asked Questions
What is freecoin?
The FREE coin : the “learn hoThe FREE coin : the “learn how to crypto coin” of today, the “copper money of crypto” of tomorrow.w to crypto coin” of today, the “copper money of crypto” of tomorrow.
Your easy and low risk start in crypto investing !
Already more than 250 000 crypto traders use the FREE coin today !
With approximately 1280 FREE coins available for every person on earth, the FREE coin refers to itself as the first crypto coin with the correct level of supply to support the anticipated global crypto adoption.
The FREE coin was launched in April 2018 by a small group of volunteers based in Europe and Asia. The FREE coin is for its technical development backed by FREE Crypto Ltd, based in Mahe, Seychelles. The technical platform is the ETH ERC20 standard.
The FREE coin has no formal central Management team : Decisions are taken into consideration by the Administrators of the different FREE coin Telegram Groups (The FREE coin has Global, Regional and National Telegram Groups active).
All people working on the FREE coin are unpaid volunteers. No paid marketing is used. The team bootstrapped the project without external investors to reach a maximum spread of FREE coin over the population and to avoid crypto whales that can control the project.
Who is the creator of FREEcoin project?
Benn Bervoets an MBA Finance & IT,, with 6 investors from 6 country , and 30+ global development team mebers
Your easy and low risk start in crypto investing !
Already more than 250 000 crypto traders use the FREE coin today !
With approximately 1280 FREE coins available for every person on earth, the FREE coin refers to itself as the first crypto coin with the correct level of supply to support the anticipated global crypto adoption.
The FREE coin was launched in April 2018 by a small group of volunteers based in Europe and Asia. The FREE coin is for its technical development backed by FREE Crypto Ltd, based in Mahe, Seychelles. The technical platform is the ETH ERC20 standard.
The FREE coin has no formal central Management team : Decisions are taken into consideration by the Administrators of the different FREE coin Telegram Groups (The FREE coin has Global, Regional and National Telegram Groups active).
All people working on the FREE coin are unpaid volunteers. No paid marketing is used. The team bootstrapped the project without external investors to reach a maximum spread of FREE coin over the population and to avoid crypto whales that can control the project.
Who is the creator of FREEcoin project?
Benn Bervoets an MBA Finance & IT,, with 6 investors from 6 country , and 30+ global development team mebers
What can the FREE coin be used for ?
The FREE coin is the ideal starters coin to learn “how-to-crypto” : There is a large and friendly community that support starters in their first steps in crypto, being traded on a large amount of crypto exchanges, being supported by all major crypto wallets
The FREE coin develops together with external partners real- world use cases, to prove that crypto can be used for normal daily financial transactions. Some example of use-cases in the early phase of the project
Perform FREE coin QR payments (webshops, physical shops and person-to-person) via the Blockchain alternative for Paypal : SWFT PAY
Send FREE coin between Telegram users without the need to have a crypto wallet, using the AF-TX Telegram robot
Pay for coffee, snacks, … using FREE coin in Asia on the Vending Machines of IVENDPAY
Perform FREE coin “staking” on exchanges, and get a passive income.
The FREE coin is integrated in the TATUM/IFinancial Blockchain API for Banks, that is reportedly used by +25 banks to offer crypto currency services to their customers.
The FREE coin develops together with external partners real- world use cases, to prove that crypto can be used for normal daily financial transactions. Some example of use-cases in the early phase of the project
Perform FREE coin QR payments (webshops, physical shops and person-to-person) via the Blockchain alternative for Paypal : SWFT PAY
Send FREE coin between Telegram users without the need to have a crypto wallet, using the AF-TX Telegram robot
Pay for coffee, snacks, … using FREE coin in Asia on the Vending Machines of IVENDPAY
Perform FREE coin “staking” on exchanges, and get a passive income.
The FREE coin is integrated in the TATUM/IFinancial Blockchain API for Banks, that is reportedly used by +25 banks to offer crypto currency services to their customers.
What is the purpose of freecoin?
Our 3 main objectives :
1) Pave the way for the GLOBAL MASS USAGE of cryptocurrency : 98 % of the world population still has to “learn how-to-crypto”. Our FREE coin is ideal to learn how to crypto : a lowcost/lowrisk multi-chain community coin with real world use cases and a large supportive community.
2) Make cryptocurrency INCLUSIVE : allow access to cryptocurrency profits also to people with less financial means. Therefore we do the initial distribution at a low price.
3) FREEcoin-ize the unbanked : Low income areas are currently without classic banking services.Such classic banking services can not be implemented in a profitable way in those areas. The FREE will allow for P2P, P2B and B2B payment transactions at lowest cost in those areas.
The FREE coin is a utility coin to support the digital transformation of the global money market : from Fiat to crypto
The FREE coin is circulating on the Ethereum Blockchain, Binance Smart Chain and on the TRON blockchain. More blockchains will be added in the future. This makes the FREE coin one of the few cross-blockchain coins (another example of a cross-blockchain coin is USDT)
The main functionality of FREEcoin is to make useful our project by anything exchange as like webshop , Exchanges , Wallets , Utility , Vending machine
1) Pave the way for the GLOBAL MASS USAGE of cryptocurrency : 98 % of the world population still has to “learn how-to-crypto”. Our FREE coin is ideal to learn how to crypto : a lowcost/lowrisk multi-chain community coin with real world use cases and a large supportive community.
2) Make cryptocurrency INCLUSIVE : allow access to cryptocurrency profits also to people with less financial means. Therefore we do the initial distribution at a low price.
3) FREEcoin-ize the unbanked : Low income areas are currently without classic banking services.Such classic banking services can not be implemented in a profitable way in those areas. The FREE will allow for P2P, P2B and B2B payment transactions at lowest cost in those areas.
The FREE coin is a utility coin to support the digital transformation of the global money market : from Fiat to crypto
The FREE coin is circulating on the Ethereum Blockchain, Binance Smart Chain and on the TRON blockchain. More blockchains will be added in the future. This makes the FREE coin one of the few cross-blockchain coins (another example of a cross-blockchain coin is USDT)
The main functionality of FREEcoin is to make useful our project by anything exchange as like webshop , Exchanges , Wallets , Utility , Vending machine
How can we determine that the price of FREEcoin will skyrocket and reach $1 soon?
Simple as a real community based project , FREEcoin have large multiple block chain. FREEcoin is the only project using all kinds of world best wallets. FREEcoin are currently running at 30+ good exchanges and will list to 100+ Exchanges from global country wise. And we have becoming very very largest community all over the world at all social places like Facebook, Twitter , Telegram and some more.
FREEcoin project really 100% different project from all others undervalued project if you compare with them into CMC then you will catch good answers all about FREEcoin future
FREEcoin project really 100% different project from all others undervalued project if you compare with them into CMC then you will catch good answers all about FREEcoin future
IS there any plan for Burn Token in the future?
We can't burn Peoples asset , so why we calling this is real community project because already 97% coin circulating in the market all are owned by peoples and maximum long holders.
Yeah simple , Peoples means community , and globally peoples already buy 97% so global mass adoption still in hand after 100% buy completed FREEcoin demand when started with crisis price will be automatic sky rocket 🚀 with new buyers and mass adoption we now 60k+ community our target 500k+ so still 97% fun remining with good potential gain , who buying at this cheap rate all will see FREEcoin is life change able asset
Yeah simple , Peoples means community , and globally peoples already buy 97% so global mass adoption still in hand after 100% buy completed FREEcoin demand when started with crisis price will be automatic sky rocket 🚀 with new buyers and mass adoption we now 60k+ community our target 500k+ so still 97% fun remining with good potential gain , who buying at this cheap rate all will see FREEcoin is life change able asset
MT4 Frequently Asked Questions
What is balance?
Your Balance measures the amount of cash you have in your trading account. If you deposit $1,000, then your Balance is $1,000. If you enter a new trade or in trader lingo, “open a new position”, your account balance is not affected until the position is CLOSED.
What is Equity?
Equity refers to the amount of money a trader has in their trading account (i.e. their Balance) plus or minus any profit or loss from open positions. If, however, the trader doesn't have any open positions, his or her equity is equal to his or her balance.
What is FREE MARGIN?
Free Margin is the money in a trading account that is available for trading. To calculate Free Margin, you must subtract the margin of your open positions from your Equity (i.e. your Balance plus or minus any profit/loss from open positions).
WHAT IS MARGIN LEVEL %?
Put simply, Margin Level indicates how “healthy” your trading account is. It is the ratio of your Equity to the Used Margin of your open positions, indicated as a percentage. As a formula, Margin Level looks like this: (Equity/Used Margin) X 100.
WHAT IS MARGIN?
Margin is essentially the amount of money that a trader needs to put forward in order to place a trade and maintain the position. Margin is not a transaction cost, but rather a security deposit that the broker holds while a forex trade is open. Trading currencies on margin enables traders to increase their exposure.
WHAT IS POSITIONS?
A forex position is the amount of a currency which is owned by an individual or entity who then has exposure to the movements of the currency against other currencies. The position can be either short (SELL) or long (BUY). A forex position has three characteristics: The underlying currency pair.