LEOcoin, a private-centric cryptocurrency for small businessmen, has garnered a good reputation for providing users with an impeccable set of digital financing services. The Lion of Cryptocurrency Industry enables people to be the part of a private – and legitimate – finance circle, where they are not made to submit their personal details, such as name, home address, and bank info. This makes LEOcoin a fast, safe and private means of payment, when compared to other digital payment methods.
LEOcoin is backed by a dedicated exchange that was launched in April 2015 in the UK. It is the first cryptocurrency to be launched in the UK, designed with a special focus on small business owners. What makes LEOcoin a better alternative than Bitcoin or other altcoins around is how easy it is to access and understand it. LEOcoin’s move to a Proof of Stake system, which is designed to make accessing and understanding the coin even easier, has helped it to reach a wider user base.
Moreover, the existing user base of LEOcoin members has only helped in stabilizing the exchange price as well as in faster uptake than previous coins. Other digital currencies started with a zero membership base. Whereas, LEOcoin’s existing user base have been involved from the start of the LEOcoindevelopment process, and as such they were a ready and waiting community of merchants, consumers and traders when the LEOxChange launched.
LEOcoin Foundation has been actively lobbying amongst lawmakers and regulators regarding the entire digital currency community in order to realise their aim of being more than a cryptocurrency platform. Dan Andersson, founder, believes it of incredible importance that the LEOcoin Foundation becomes a key contributor to the digital currency conversation and shapes the agenda.
LEOcoin has ambitious plans for the future and believes in its potential to transform the way business is done across the world. Its move to a Proof of Stake method has anyway helped to completely open the world of cryptocurrencies to a wider mass market audience.
Furthermore, LEOcoin believes itself to be the coin for mass market and sees itself as a key component in the global monetary system in the next five years; accepted even in local shops.