What is Civic (CVC)? How does it work?
Civic (CVC) was founded by Vinny Lingham and Jonathan Smith in 2015. Civic (CVC) provides blockchain-based tools that institutions and individuals can use to protect their personal identity information. Civic was created to make managing digital identities easy. The project’s native token is called CVC. If you have questions like what is Civic (CVC), how does Civic (CVC) work, how do you buy Civic (CVC) and how do you trade CVC/TRY and CVC/USDT trading pairs then you will find the answers in this article.
What is Civic (CVC)? How does it work?
Civic aims to provide a user authentication service that is high quality, secure and competitive in price. With Civic, users’ identity can be fully verified and shared securely with service providers. The Civic platform claims that all users’ store their data on mobile devices. Users who do wish to share their personal data can give permission by signing the Civic platform.
Users wishing to have their identity confirmed by the platform begin by sharing credentials with Civic. After the individuals and companies providing verification services to the network confirm that the credentials are correct, the users are fully authenticated, and their information is registered on the network.
Civic’s native token, CVC, runs on the Ethereum blockchain and uses the ERC-20 standard. Those authenticating for the network earn CVC when they verify user credentials.
The total supply of CVC is capped at 1,000,000,000 units.
How do you store Civic (CVC)?
Civic (CVC) is an ERC-20 based token that is used as a reward in the authentication process. You can manage CVC balances using desktop, mobile or hardware wallets that support ERC-20 based Ethereum assets.
How can you buy and sell Civic (CVC)?
You can buy and sell Civic (CVC) on the BtcTurk | PRO website and mobile application using Turkish Lira and Tether. If you’re not a member of BtcTurk yet, then you can become a member instantly on our website or app. In order to purchase Civic (CVC) you must deposit Turkish Lira to your BtcTurk account. Enjoy 24/7 deposits if you use one of our seven contracted banks.
