Sibcoin was initiated in 2015 with the need to send remittances between the inhabitants of Russia and Ukraine. The cryptocurrency uses the source code of Dash, incorporating a series of additional algorithms with encryption technology specially designed by Russian cryptographers.
SIBB coin is completely private and decentralized, allowing international transfers in real time at low cost, guaranteeing the security and integrity of the operations loaded on the SibCoin blockchain.
The digital currency already has programs and applications designed for the storage of assets, most notably the purse called ‘Siberian Chervonets’.
One way to obtain Sibcoin is through mining, which can be done with a desktop computer through specialized software of the company. Through this method, the miners put processing power for transactions (HASH) at the disposal of the network, while generating new Sibcoin units.
Sibcoin has a market capitalization of just over ₹2,363,853,691.21 in India.
Bitbns is an exchange and a web wallet that you can access from your browser or downloading the app to your mobile. In this exchange platform you can buy or sell digital currencies instantly (Bitcoin, Ether or Ripple and many more), using payment methods such as net banking in INR.
The security measures are high and at the beginning you will receive more than one notice to authorize your computer and give you permission to access the Coinbase page.
The account is linked to your mobile phone and email You can set up 2-factor authentication (2FA) to enter your account or make transfers The sessions are saved in a record, so you can see if someone has connected to your account You can configure your account to receive an email before any movement