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Flashcoin was first founded in the year 2016 and conducted its ICO in the same year. According to the reports they have raised enough funds like they touched their soft cap.
If you are planning to invest or trade Flash Coin then you are in the right place. In this FlashCoin review, you will get to know if it is a trusted project to invest in or it turned in to scam this year.
What Is FlashCoin?
FlashCoin is the redesigned form of Litecoin. If you have technical knowledge then you will get to know what is the core difference between Litecoin and FlashCoin. The website claims that users can do transactions within a second and without any problem. With a settlement time of around 5 seconds and consensus within 2 minutes
Why Flash Is Created?
FLASH was developed to be a decentralized, real-world platform, and solving problems that current cryptocurrency has. Current coins like Bitcoin and Litecoin. The major problems like transaction volume, speed, and mainly fees.
And the mining cost. The mining cost is very much high for mining BTC and LTC coins. The main costs are electricity.
The platform claims that FLASH is a fully decentralized coin and project. It is built on its own blockchain. Their consensus model called FLASH Consensus.
Also Read: Read Best Litecoin Mining Guide
Also Read: Best Cloud Litecoin Mining Platform
Is Flash Coin Is Trusted Or Not?
If we check the past and connect it with the current situation then we can say yes it is trusted. Because the project is active since then, I know it matters that they are not fully active.
Their BitcoinTalk thread is not active for many months. But their Twitter account was last active in October 2020. Here you can find their last tweet. Their coin is also active but trading at a very low volume.
If we check the overall then we will find that they are trusted but they are not much active.
If you are planning to invest in this coin then I would not suggest investing in them for now. But if you have a golden pocket then I can suggest investing a small amount as they are at an all-time low.
Flash Coin Price Prediction
The coin is not active for the last one year, the total last 24 hours volume is around $500 only. So predicting the coin is not worth it. Currently, there is no news that indicates that Flashcoin prices will increase.
Flashcoin price is $0.0062 and it is trading only on one exchange.
They have a mobile app that is available on the Play Store. The Flashcoin app was last updated on 23rd July 2020 and has more than 1K downloads. But they have positive ratings.
Where To Buy Flashcoin?
You can purchase FLASH on crex24 exchange. But the total trading volume is only $500 and the total market cap is $5,559,884. You can store your coin on Flashcoin wallet. Which is available for mobile and web both. Click here to visit the official wallet page, how to buy flash coin.