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Re: [ANN][PAK] PakCoin - Pakistan's Crypto Currency - Official Thread
Mubadil.com has been launched and since its launched it is maintaining a good volume despite of being a new exchange. First month volume was 1.1 Million PKR.
It is a p2p exchange with its own token backed by Pakcoins. Users dont need to deposit crypto on mubadil except pakcoins, but BTC, LTC, ETH, USDT could be traded in a p2p manner without any trade fee.
How it Works:
A buyer needs PRT (Exchange token) to trade against any asset, and PRT can only be generated by selling pakcoins at mubadil or bought against any listed assets from PRT seller.
The buyer then creates PRT sell order against USDT for example at his desired rate and seller would send his USDT on buyers address directly and confirm payment on mubadil, the deal is then locked. The buyer checks Transaction and confirms payment reception, PRT are released to the seller.
What is PRT
PRT is an exchange token equals to 1 PKR, and can only be generated by selling pakcoins on mubadil.com hence backed by pakcoins. Its supply is dynamic and increases with pakcoin selling at mubadil and vice versa. PRT can not be withdrawn from mubadil to any external wallet yet. Sold pakcoins against PRT are locked on mubadil wallet.
Re: [ANN][PAK] PakCoin - Pakistan's Crypto Currency - Official Thread
We will be launching our own p2p exchange on 15th October having a unique mechanism and it's liquidity would be backed by pakcoins.
The exchange is having 0 trade fees and crypto doesn't need to be deposited for trades hence saving transaction fees unlike traditional p2p exchanges.
At the moment we would be offering pairs with PKR only, so users need to adopt to it.
Re: [ANN][PAK] PakCoin - Pakistan's Crypto Currency - Official Thread
Please send an email to support@pakcoin.io
Re: [ANN][PAK] PakCoin - Pakistan's Crypto Currency - Official Thread
Pakcoin Mobile #staking android app has been released on pakcoin.io
You can download it from wallets section
It will soon be available at Google play store as well
You can download it from wallets section
It will soon be available at Google play store as well
Re: [ANN][PAK] PakCoin - Pakistan's Crypto Currency - Official Thread
Pakcoin staking mobile App going to be released on 30th november.
Staklet, Pakcoin's staking wallet is also offering unique feature that let's any user to fully control his pakcoin holdings at staklet and can withdraw them without even logging into the account through private key available to him, using pc wallet. It means that there nearly zero risk of any user loosing his pakcoins at staklet.
Re: [ANN][PAK] PakCoin - Pakistan's Crypto Currency - Official Thread
PAK Pakcoin is live on Altmarkets
https://altmarkets.io/trading/pakbtc
Altmarkets Discord for Support / Announces https://discord.gg/ZhQzy5f
Great news https://altmarkets.io/trading/pakbtc
Altmarkets Discord for Support / Announces https://discord.gg/ZhQzy5f
thanks Excellent.. but be careful since crypto currencies and any trade in crypto currencies is still illegal in Pakistan.
Buying and selling cryptocurrencies is not illegal in Pakistan. Please don't spread lies shahzadafzal As of April 06, 2018 yes it's illegal, may be there is some new update. I'm not aware.
Here is the official circular from SBP
Prohibition of Dealing in Virtual Currencies/Tokens [State Bank of Pakistan] April 06, 2018
http://www.sbp.org.pk/bprd/2018/C3.htm
SBP prohibits financial sector from dealing in cryptocurrencies, says it will take action on violations. [Dawn] April 07, 2018
https://www.dawn.com/news/1399997
Pakistan bans cryptocurrencies. [Express Tribune] April 06,2018
https://tribune.com.pk/story/1679446/2-pakistan-bans-cryptocurrencies/
I do not think Pakcoin has much to do with it. Basically people are scamming in our country with MLM schemes and MLM coins like One coins etc.
Also some people tend to take money and say that they will do trading on your behalf and then run away. There is nothing positive going on taking bitcoins in prospective.
Also some people tend to take money and say that they will do trading on your behalf and then run away. There is nothing positive going on taking bitcoins in prospective.
Yeah may be you are right but some where in Pakistan this Pakcoin gang really did a funny scam, you can see it here on youtube https://www.youtube.com/watch?v=toHWNACR23E
They told people, shake your mobile to increase the coins and the whole village was busy shaking mobile, walking or even running while holding their mobile to increase the coins and what really happened you have to watch this Sare Aam episode.
You will laugh how clever scammers are and how innocent are poor people of Pakistan
trade went well didn't caught up in scam fortunately
Excellent.. but be careful since crypto currencies and any trade in crypto currencies is still illegal in Pakistan.I will blame PakCoin for this.. .they created the confusion and made all crypto currencies a scam!!
Re: [ANN][PAK] PakCoin - Pakistan's Crypto Currency - Official Thread
Dear pakcoiners,
Pakcoin online staking wallet named as Pakcoin Staklet has been launched at PakCoin Staklet-https://staklet.pakcoin.org
Staklet name has been suggested by pakcoin dev for the first time for an online staking wallet, he has written it on pakcoin blockchain in this transaction as a proof.
Pakcoin Staklet is beneficial for those who are non-technical in this matter or don't have computer for staking.
For staking at Staklet, the process is simple:
1. Register at staklet.pakcoin.org
2. Login and get new address
3. Deposit pakcoins at given address
Fresh deposit needs at least two hours to start staking, after that you will get reward depending on your pakcoin amount.
For withdrawal, there is a 10 PAK per withdrawal fee.
For security, please use Google authenticator app and enable 2fa for your account.
Hope that you would enjoy Staklet
Happy staking
https://pakcointalk.org/index.php?threads/pakcoin-staklet-has-been-launched.2150/
Pakcoin online staking wallet named as Pakcoin Staklet has been launched at PakCoin Staklet-https://staklet.pakcoin.org
Staklet name has been suggested by pakcoin dev for the first time for an online staking wallet, he has written it on pakcoin blockchain in this transaction as a proof.
Pakcoin Staklet is beneficial for those who are non-technical in this matter or don't have computer for staking.
For staking at Staklet, the process is simple:
1. Register at staklet.pakcoin.org
2. Login and get new address
3. Deposit pakcoins at given address
Fresh deposit needs at least two hours to start staking, after that you will get reward depending on your pakcoin amount.
For withdrawal, there is a 10 PAK per withdrawal fee.
For security, please use Google authenticator app and enable 2fa for your account.
Hope that you would enjoy Staklet
Happy staking
https://pakcointalk.org/index.php?threads/pakcoin-staklet-has-been-launched.2150/
Re: [ANN][PAK] PakCoin - Pakistan's Crypto Currency - Official Thread
Those who have not claimed their pakcoin loss at cryptopia yet and have screenshots of their pakcoin balance should fill this form.
https://forms.gle/WjiR8HCDfmTKV9r78
https://forms.gle/WjiR8HCDfmTKV9r78
Re: [ANN][PAK] PakCoin - Pakistan's Crypto Currency - Official Thread
Those who had submitted the cryptopia pakcoin loss claim form with screenshots will get pakcoins on priority, others may get their pakcoins with a bit delay
Re: [ANN][PAK] PakCoin - Pakistan's Crypto Currency - Official Thread
Announcing pakcoin YouTube Bounty
For details please visit https://pakcointalk.org/index.php?threads/pakcoin-youtube-bounty.2108/
For details please visit https://pakcointalk.org/index.php?threads/pakcoin-youtube-bounty.2108/
Re: [ANN][PAK] PakCoin - Pakistan's Crypto Currency - Official Thread
Yes it is alive but volume is mostly zero due to majority of PAK traders funds stuck/lost at cryptopia.
We hope volumes will be back when traders would get their pakcoins back.
We hope volumes will be back when traders would get their pakcoins back.
Re: [ANN][PAK] PakCoin - Pakistan's Crypto Currency - Official Thread
FOR CRYPTOPIA SWAP
Please DO NOT withdraw pakcoins from cryptopia, unless we tell you.
If cryptopia does not update the pakcoin wallet and swap by themselves then we will ask you to send your pakcoins through transfer method to us, username will be announced once pakcoin wallet is enabled.
You will get new pakcoins on the new pakcoin wallets
DO NOT WITHDRAW PAKCOINS FROM CRYPTOPIA, UNLESS WE TELL YOU TO.
PAK looks to be POS now
PAK https://bitcointalk.org/index.php?topic=1096893.new#new
Pakcoin POS specifications are :
Client-Version
Algorithm Scrypt PoSv3
Block Reward 5 PAK
Block Time 60 seconds
Difficulty Adjustment Every block
Confirmations on Mined Blocks 121 blocks
Coinbase Maturity 120 blocks
Confirmations on Transactions 10 blocks
Fees Min 0.0001 PAK
Total Coin Supply Cap 182 Million
Port 7867
RPC Port 7866
Thanks for posting on our behalf PAK https://bitcointalk.org/index.php?topic=1096893.new#new
Pakcoin POS specifications are :
Client-Version
Algorithm Scrypt PoSv3
Block Reward 5 PAK
Block Time 60 seconds
Difficulty Adjustment Every block
Confirmations on Mined Blocks 121 blocks
Coinbase Maturity 120 blocks
Confirmations on Transactions 10 blocks
Fees Min 0.0001 PAK
Total Coin Supply Cap 182 Million
Port 7867
RPC Port 7866
POS is beautiful
Client version is 0.16.1
Website : www.pakcoin.io
Block explorer: https://chainz.cryptoid.info/pak/
Markets : https://novaexchange.com/market/BTC_PAK/
https://novaexchange.com/market/DOGE_PAK/
https://freiexchange.com/market/PAK/BTC
Discord : discord.gg/s2nFN8z
Re: [ANN][PAK] PakCoin - Pakistan's Crypto Currency - Official Thread
I see PAK is now full POS?
Stop by TALK thread to state the specs
Yes it's full POS nowStop by TALK thread to state the specs
Specs are mentioned in OP and https://www.pakcoin.io/pakcoin-pos-specifications/