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Vic Coin – The Digital Currency You Need

Vic Coin is an Internet currency that operates in the peer-to-peer sphere. Vic Coin enables instantaneous payments at almost no costs to any person in the world. Vic Coin is a global payment network that is open source and is completely decentralized with no central authorities. Mathematics provides the security to the network and enables the individuals to be able to control their own finances. Vic Coin has speedier transaction confirmation and has more efficient storage as compared to the other leading peer-to-peer currencies. With significant trade volume and liquidity accompanied by good industry support, Vic Coin is an established medium to conduct commerce and compliment Bitcoin.

Vic Coin is an open source software project that was released under the MIT/X11 license which enables you to run, modify, and copy the software and to distribute at your option, modified copies of the software. The software release follows a transparent process which makes it possible for independent verification of the binaries as well as their corresponding source code.

The Vic Coin blockchain can handle a higher volume of transactions than Bitcoin. Because of higher frequency block generation, the network is capable of more transactions without needing to change the software in the future. This allows the merchants to receive quicker confirmation times and still maintaining the ability to wait for more confirmations while selling bigger ticket items.

Your wallet is secure with the wallet encryption, hence you can check your transactions and account balances but before spending your Vic Coins you are required to enter your secret password. This protects you from the viruses and trojans that steal from wallets and also a 1-step layer before confirming the payment.

How to purchase Vic Coin through a Credit Card?

The procedure to purchase digital currency like Vic Coin is actually quite simple:

  1. As a first step, you need to register for a new account.
  2. Look for Add link on top of the site and click on it.
  3. Choose your currency and the amount you wish to purchase. It is important to note that you need to have a balance of a minimum of $50 to be able to transfer funds into Cryptsy or BTC-e so that this can work.
  4. Add the amount and click the Add button.
  5. A new payment page will open up where you need to select your payment options and then enter the credit card details. You will need to verify your card after that. Once that is done, you will then be required to take a snapshot of your credit card and your ID card together and upload it.
  6. For transferring your funds you also will need to register with Perfect Money (for BTC-e) or with Ego Pay (for Cryptsy).

Also note, that you need to verify your identity at the Cryptsy Exchange to process the transfer and for that you will have to submit a scanned copy of your passport scan, a selfie of yourself with the passport, bank account statement and a picture of you holding your credit card. Once the process is complete you will be able to add funds to your account and trade them for the digital coins like Vic Coin, Bitcoin, etc.

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