OneCoin FAQs

5
ONE COIN FAQ LATEST UPDATES

Transcript of OneCoin FAQs

Page 1: OneCoin FAQs

ONE COIN FAQ

LATEST UPDATES

Page 2: OneCoin FAQs

When will trading of OneCoin start?

The trading of OneCoin will start on June 15th,

2015

Where will OneCoin be traded?

OneCoin will be traded on the OneExchange in

the backoffice. All members can buy and sell

coins there.

What about the market capitalization of the

coin?

One of the highlights of our event in Dubai was

to see OneCoin climbing up the ranks in market

capitalization.

It is a huge success for us, that OneCoin

cryptocurrency is now listed on one exchange.

You can calculate market capitalization by

multiplying coins mined with market price (e.g.

coins mined*market price). You will see that we

have already surpassed Litecoin and we expect

to continue climbing the ranks.

Why can’t you find OneCoin on coinmarket and

other exchanges yet?

Because OneCoin is a very new cryptocurrency, not

open for trading for everyone (yet). Currently only the

ONE Network can mine and trade the coin at the ONE

Exchange.

There are many cryptocurrencies on the market – not

all necessarily listed on all exchanges. All listing and

trading of cryptocurrencies are held with private,

anonymous owners of exchanges - and they decide

alone what currencies to accept and list. It is up to

them, if they would like to list OneCoin and when they

will list OneCoin.

OneCoin is a successful, genuine cryptocurrency. We

believe that soon other exchanges will notice our

success and hence will list and trade OneCoin.

We are extremely pleased that OneCoin is listed on

www.xcoinx.com. We are confident that more will follow

in during this and the next year. Until then visit

www.xcoinx.com and watch OneCoin’s development.

TRADING: FREQUENTLY ASKED QUESTIONS

Page 3: OneCoin FAQs

Why are there limits on buying and selling

the coin?

Currently OneCoin is still in its very early stage.

Only 150 Mio coins out of 2.1 billion have been

mined. This is only 7% of the total amount of

coins. In comparison, Bitcoin has mined over

50% of the total coins. Therefore there is still a

long way to go for us and our coin and the

mining.

However our goal is to open the trading as early

as possible, so our members can get used to it

and start using the coin. In the first month we

have set limits of 1.5% of the total portfolio or 50

coins to be bought or sold (limits are similar like

today for Tokens). These limits will be increased

gradually the more coins are mined. When

enough coins are mined, the limits will be

removed completely.

What we need to avoid is big fluctuations of the price in

the beginning – and we want everyone to have the

same chances to buy and sell the coin. Our target is to

keep the price development of the coin stable – and not

to boost the value of the coin too early.

People who joined with a Tycoon in the early days (e.g.

September 2014) and did two splits should have now

more than 50.000 OneCoins – which means that their

account is worth more than 50.000 Euro. OneCoin is a

long term opportunity – and as a network we should

remember that it is not only for speculation and

investment purposes only, but to be used extensively

Can I buy OneCoin packages with OneCoins?

Yes you can! You can spend 5.000 OneCoins per week

if you are on a Tycoon package, 3.000 OneCoins if you

are having an Executive Trader, 1.000 OneCoins on a

Protrader, 500 OneCoins on a Trader package and 100

OneCoins on a Starter.

TRADING: FREQUENTLY ASKED QUESTIONS

Page 4: OneCoin FAQs

How long is the waiting list for mining

currently?

Currently it is 35 days.

What happens with the tokens market? How

can I buy coins from the mandatory

accounts?

Tokens will not be sold on the OneExchange any

more, as the coin trading has started. The

mandatory accounts can buy them, but the

mandatory accounts can also buy OneCoins

directly, to avoid the waitlist for mining and join at

a lower price.

On May 31st, 2015 the promotion for mining

and tokens splitting is over. What does this

mean for the members?

The promotion allowing you to mine with your

tokens NOW and still enjoy a split after they went

into mining is over on May 31st, 2015.

All accounts will continue to split as according to the

rules.

But if YOU send your tokens into mining be aware that

they will not split any more if your account is still eligible

for splits. Also be aware that escrowed tokens cannot

go into the mining during the escrow period

All members that have submitted their tokens for

mining before May 31st, will receive a split on these

tokens, depending on their packages and if eligible for

splits.

Members that have acquired packages after June 1st

will have the option to submit part of their tokens for

mining whenever escrow period is over or they can

decide not to go into mining yet keep their tokens in

order to receive a split as entitled to.

Members that submit all tokens for mining after June 1st

will not receive a split on the tokens that went into

mining.

TRADING: FREQUENTLY ASKED QUESTIONS

Page 5: OneCoin FAQs

Only members that have tokens in their tokens

accounts after June 1st will receive splits as

follows:

• Starter package splits once. You upgrade to

Tycoon. It will split two more times.

• Tycoon package receives 2 splits

• You buy a Starter package. It splits once.

You upgrade to Trader. It will split again once.

You upgrade to Tycoon – the account will split

only once more, as every account can split up to

maximum three times.

TRADING: FREQUENTLY ASKED QUESTIONS