BTCC Mint has come out with a new offering of collectible Bitcoin in physical form. The coins are to be made out of Titanium, and as a result, the money will have imperfections, such as nicks and other blemishes, that can’t be avoided. This is because of all raw metals, titanium has the greatest ratio of strength to weight. These will be furnished with a satin veneer, are designed to rival the best casino chips, and are of circulation standard grade.
Details of the Currency
The denominations are broken up into sections called bits. The value of one Bitcoin currently is $720. This value, of course, is subject to change, as the worth of Bitcoin is known to sometimes fluctuate. A user would need to have 1,000,000 bits before they would own the equivalent of one Bitcoin, and the current printing includes six different monetary distinctions.
The smallest coin is for 1,000 bits and is equal to $.73 or .0001 of one Bitcoin. The selections are available in 5,000 bits, 10,000 bits, 25,000 bits, 100,000 bits, and in 500,000 bits. These are color coded as well, and they are red, blue, green, black, and purple, respectively, with the .0001 bit being white. The service provider has already minted a line of cryptocurrency that includes commemorative editions of Bitcoin.
Customers can order a few coins, or they can receive a roll of twenty. They can also get the “Six Color Signature Set” that features each of the hues made, and these will have their serial numbers issued in sequential form. Another choice is to have a group of 200 issued in the form of poker chips that can be custom designed.
The CEO of BTCC, Bobby Lee, has expressed that this new product will allow consumers to collect Bitcon and that it will also enable Bitcoin enthusiasts to acquaint their friends and family with the currency. He also said that this was a great way to make the trading method more accessible. The coinage comes with a section of the BTCC logo emblazoned on it, and it is engraved with the Bitcoin motif. On the front are inscribed the words “In Crypto We Trust”.
Digital Accessibility and Protection Against Hacking
Bitcoin traditionally exists within the realm of the internet, as it is transmitted from one person to another using software that records and verifies each transaction. This has been accounted for, as each coin will have its private key and internet code located under its hologram sticker. This will allow the information to be scanned and moved into a person’s digital wallet.
The chips will also feature several systems that are designed to prevent theft. For example, there are marks that have been made on each one that are distinct and that have been inscribed in a minuscule point size. In addition, other data has been added that can only be seen under ultraviolet light. Each coin has its public address written on it in partial form, and each one has a unique serial number.
About BTCC
BTCC Mint has been creating physical Bitcoin since 2016, is the oldest exchange service for the cryptocurrency, and was founded in 2011. The company originally operated under the name BTCChina and is involved in many aspects concerning Bitcoin. It offers services relating to mining, the processing of payments, the managing of wallets, the engraving of blockchains, and the converting of currencies. BTTC is located in Shanghai, has a client base that spans the globe, and enjoys a reputation of being a leader in the industry.