What is Student Coin? Student Coin is a Blockchain project that allows users to easily create personal tokens. In this article, you can find answers to questions that investors wonder, such as what is Student Coin, what it offers, what is STC, what it does, how to buy it. cryptocoin.com We have prepared it for our curious readers.
What is Student Coin?
Student Coin allows users (both organizations and individuals) to design, create and manage their custom tokens and NFTs. In addition to NFTs, tokens created can have various concepts such as DeFi, Web 3.0. Tokens created on Student Coin are primarily used to fund university education. Tuition fees are often a huge burden for students. Therefore, the project aims to use DeFi and Blockchain technology to solve this problem.
What does Student Coin offer?
Within the Student Coin platform, all the student has to do is create a decentralized token and then get a loan to finance his education at the top university. After graduation, the student has to pay the loan with a part of his salary. The purpose of the platform is to allow users to check their personalized tokens as easily as a social media platform. Student Coin’s ICO in 2021 was a huge success. At that time, the project had a market value of $28 million.
What is STC? What does it do?
STC is the native cryptocurrency of the Student Coin project. This cryptocurrency allows students to get student loans and easily create tokens. Users are required to pay all costs to create tokens with STC. However, users can stake STC. Accordingly, users who keep their assets in their STC Wallet without touching them can earn additional STC coins over time. In this regard, STC is a cryptocurrency that offers its holders the opportunity to earn passive income.
What are the advantages?
- It allows the creation of a cryptocurrency that can be personalized by individuals and organizations.
- Student Coin holders receive a cyclical profit generated from token trading fees and community funding on the STC Exchange.
- The project is characterized as a safe, basic, long-term product based on academic values.
What are the disadvantages?
- Student Coin has many competitors in the Blockchain industry when it comes to creating tokens in simple ways. It is possible for STC to fall behind its competitors over time.
- In addition to serving university students as student loans, it remains unclear whether or how students will pay these loans in the future.
What is Student Coin? How to take STC?
Although Student Coin has made a good debut in the market, it is not listed on major exchanges such as Binance. Users wishing to purchase STC should access exchanges such as KuCoin, CoinTiger, and HitBTC. Then they must verify their account by following the steps to become a member. Thus, they can deposit an asset suitable for STC parities in their wallets and buy the cryptocurrency.
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