First of all, let’s list down some topics we gonna be discussing about here:
- What is Crypto Currency and Blockchain?
- What is Ecoin?
- What is an airdrop?
- How to get started with Ecoin Airdrop.
- Understanding your Ecoin Account dashboard.
- Which wallet can be used to store Ecoins?
- How to connect your wallet to Ecoin site?
- How to earn more Ecoins?
- How to Withdraw your Ecoins?
- Where can my Ecoins be used?
Let’s get started..
What is Crypto Currency and Blockchain?
Simply stated, a cryptocurrency is a new form of digital money. You can transfer your traditional, non-cryptocurrency money (like the U.$. dollar , Nigerian ₦aira, Indian ₹upees…etc) digitally, but that’s not quite the same as how cryptocurrencies work.
When cryptocurrencies become so popular, you may be able to use them to pay for stuff electronically which is already happening now, just like you do with traditional currencies.
Unlike our normal banks that keeps record of all the transactions we do daily, but that’s not the case when it comes to crypto currencies. All records of transactions that takes place using CryptoCurrencies are recorded on a Digital ledger called the Blockchain.
Blockchain is a technology that can allow individuals and companies to make instantaneous transactions of cryptocurrencies on a network without any middlemen (if they are decentralized). Transactions made on Blockchain are completely secure, and by a function of Blockchain technology, are kept as a record of what happened. Cryptographic encryption algorithms ensure that no record of any transaction on a blockchain can be altered or reversed after it is completed.
What is Ecoin?
Ecoin is a Crypto Currency Token built on TLOS Blockchain which can run as many as 5000 transactions(txn) per sec, which is about 800 times faster than Bitcoin transactions (txn). Which means transactions on Ecoin are not only cheaper but also near-instant.
Ecoin is an ‘email-based proxy Identity platform’ that rewards only one email per user, we achieve this using our advanced AI engine, which ensures that one person can’t claim free tokens more than expected.
As we use email for rewarding users, Ecoin will have the easiest onboarding mechanism(No KYC) for average users which greatly reduces the barrier for crypto adoption. Along with this, we have a simple yet powerful referral mechanism which ensures ‘Ecoin to be the first cryptocurrency to onboard billions of users’.
What is an Airdrop?
In the world of CryptoCurrencies, “airdrop” defines a type of crypto distribution where free coins are sent to multiple digital wallets. Sometimes people have to engage in community building efforts like retweeting, affiliate or Multi level Marketing (MLM) etc. One of the most common and cost effective methods most organizations do use is affiliate marketing. Meaning you have to refer other people into the project before you earn depending on the terms and condition of the project.
This days, many don’t actually seem to understand how all this works, so when they join a project they just ask ‘how to cash’, ‘how to withdraw’ etc when they haven’t even done anything in support of the project. But that’s not actually how it works, the project grows when you bring more people in. You don’t expect to get rewarded without fulfilling the terms and conditions of the project.
The idea is to distribute airdropped assets, so people become aware of the tokens as they are dispersed far and wide. Some airdrops that have been released over the years have gone from zero to gathering real-world value when measured in other digital currencies in the likes of Bitcoin(BTC), BitcoinCash(BCH), Etheruem(ETH), BinanceCoin(BNB) etc. This are just few ones mention out of all other awesome projects out there.
How to get started with Ecoin Airdrop!
Ecoin is the World’s Fastest-Growing Cryptocurrency powered by world’s first ‘AI driven email-based proxy identity engine’ which aims to launch the world’s biggest airdrop. They have acquired up to 3 million User-Base signups in just 3 months of lunching.
Steps on getting started
- Sign up on their site here https://ecoinofficial.org
You’ll be redirected to this page below, click on sign up when it pops up.
- After clicking on sign up, you’ll be redirected here.
Please read everything been mentioned, and Click on sign up to continue.
- It’s really advisable to sign up with Google for fast and easy experience.
Want to sign up with Google, click on sign in to continue.
Don’t use Google? skip to next step.
- When you Click on sign up with Email, you’ll be brought here.
Fill in your data accurately.
- Then a verification email will be sent.
Check your inbox for the verification button.
- Then your dashboard should appear like this below.
Understanding your ecoin dashboard.
Please read the following carefully to know how to navigate your dashboard and understand what those balances mean:
1. Savings Balance:
This is the total balance of Ecoins you have in your Ecoin Savings Account. You earn 10 - 15% interests on this balance ( subject to your level ) deposited on your current balance monthly.
2. Current Balance:
This is the 'available for withdrawal' part of your total ECoins asset from which you can withdraw, send, or even save back to savings balance and earn monthly Interests.
3. Gift Balance: This are just ecoins, the Ecoin Foundation offers free to you. And will be locked up for a certain period.
4. Other Balance:
This is ECoin asset you earned from your referrals that are 'Valid' but are awaiting 'Fully Valid' user status. As each of your referral attain 'Fully Valid' user status, the Ecoins you earned from that referral will automatically get deducted from Other Balance and moved to your Current Balance Ecoin holding category.
5. Wishoo Referal Box: This refers to earnings gotten from your referrals that perform activities on wishoo.
6. Total Balance:
This is the total amount of Ecoins asset in your Ecoin Account (i.e. Savings + Current).
7. Lottery Tickets: You can win a lot more ecoins by just simply Holding your Ecoin in your wallet and you Earn 0.1 Ticket per day for every 100 Ecoins you hold. Also [ 1000 =1 ticket, 2000=2 tickets, 100K=100 tickets daily etc..]
8. Future Balance:
This is the Ecoin Organisation’s future target value for the total ECoins asset in your Ecoin account when the 100 million users mass is attained, i.e 10 ECoins = $1
9. Current Value:
This is the 'as it is now' value of ECoins asset in your "Total Balance" at present. For live price you can also check our partner exchanges: Probit and Hotbit.
- You can also navigate some extra menu, which you can find by the top left corner of your dashboard as shown below:
Which wallet can be used to store ecoins?
You can use, Ecoin Wallet, Wombat Wallet, CoolX Wallet or Tribe wallet.
If you’re been asked to link Ecoin Address (xxxxxx@tribe), you can get it from Ecoin Wallet.
But if you’re asked for Telos id, use CoolX or Wombat.
How to earn more Ecoins?
Earning Ecoins can be very easy, you can earn from the following ways;
- Getting Referrals: Refer others with your referral Link.
- 2nd Level Referrals: When your referrals also refer people under them.
- Lottery: Scratch Tickets and win up to 10,000 ecoins. What you will win varies because it’s a lottery.
- Wishoo: Posting/Upvoting Contents on our Social Media — Wishoo (wishoo. ecoinofficial.org)
- Ecoin HODLER: Buy/Keep Ecoins in your Wallet and you’ll be rewarded with more tickets which can be used to earn more Ecoins.
- Buy ECOIN: You get free 50 tickets when you buy from Ecoinlocally.com. This 50 tickets could earn you up to 10,000 ecoins. Send me a DM for guidance
Let’s Only Take a Look at how to share your referral Link to friends.
- When you login into your ecoin account, you should see your dashboard display like this.
- If you’re using Mobile, then scroll down a bit, you should see this below.
Tap on the little blue object circled to copy your referral link.
- Or you can simply tap on any of the social media icon as shown below to share your referral link with a promotional write up.
How to Withdraw your Ecoins.
First three are compulsory, then choose any one from the rest.
- Read our Strategies and Take the Quiz. [MANDATORY]
- Allow Notifications [MANDATORY]
- Become a Fully Valid User: This is when you Verify your number through WhatsApp and get a referral to do the same. [MANDATORY]
- Have at least 2 Fully Valid referrals and Claim Brave Airdrop: You’ll need to Download Brave Browser, use it to login to your Ecoin Account, then claim from here.
- Have 5 Fully Valid referrals and complete any of Taklimakan/Skill Gaming Airdrop.
NOTE: You can only withdraw from Current Balance. 250 Ecoins is the minimum withdrawal. Maximum withdrawals depends on how much Fully Valid Referrals you have and your Ecoin Holdings.
When you have fulfilled the requirements above, then you can simply Withdraw ecoins to your wallet by Tapping the Withdraw Funds button as shown below.
- Input the amount you want to withdraw, then Request.
- You’ll need to also confirm the withdrawal from your email to make sure it’s really you confirming that withdrawal.
NOTE: It takes 24 hrs ~ 48 hrs, for the withdrawal to reflect in your wallet!!
Where can my ecoins be used?
Well, we strongly advise that you don’t sell of your ecoins. Rather reinvest it in some other ways to earn more or use it for something useful.
Here, we’ll list some some of them.
- Hotcashbacks.com: This is a platform where you can easily buy Airtime with ecoins already in your wallet. As at now, this is only applicable to Nigerians and Indians. You can see how to do that here.
- EcoChain: EcoChain is a Smart Contract Investment platform built on Ecoin. You only need a minimum investment of 1000ecoins, then you can start earning unlimited ecoins straight to your wallet. Send me a PM on telegram to get started!!
In conclusion, remember to get as many referrals as possible for you to earn more. Try to earn more ecoins as possible
Don’t just be worried about withdrawals only, look for more ways to accumulate more ecoins.
We’re into this for long-term.
Stay Cool 😎
◾Follow me on my telegram channel for Crypto news and giveaways @dxcrypto
◾Join Ecoin official group @ecoinofficial
◾Subscribe to my YouTube Channel for more info on Ecoin and Crypto Related news.
Any questions or comments, drop in the section down below!
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