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What is Qcash?

QuickCash or shortly Qcash is a stable coin pegged to the value of the CNY (Chinese Yuan), i.e.

Full description of Qcash

QuickCash or shortly Qcash is a stable Coin (?) pegged to the value of the CNY (Chinese Yuan), i.e. 1 QC Token (?) always equals 1 CNY. The stability of the coin’s rate is guaranteed by digital currency over-collateralization which prevents it from being over-issued and completely freely circulated. The Qcash Cryptocurrency (?) is available in two versions: ERC20 which is based on the Ethereum network and is issued through a stable coin smart contract. Users can pledge Ethereum-based assets and get QC coins in return. QRC20 which is based on Qtum. It is similar to the first one in its functionality. But the difference is that users can also pledge BTC, LTC and QTUM. The QC token is available for purchase on a few Chinese exchanges such as BW.com and ZB.com. The project is launched by QuickCash Network Pte. Ltd which is headquartered in Singapore with an additional branch in Hong Kong. Since the project mostly targets the Chinese market, there is no information about the team members on the global web.
  • Exchange symbol (?): QC
  • Cryptocurrency type (?): Token (?)

Qcash for developers

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 Source: NOMICS

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