After reading this article, you will not need to manually calculate the OneCoin to USD. We are going to discuss OneCoin to USD and other factors involve in OneCoin price.
We will also cover the necessary information about OneCoin exchange. OneCoin often deals in Euro which is the official currency of the European Union. If someone needs to calculate the OneCoin value in USD, he has to do some simple calculation.
We will be doing the simple calculation that will help us to convert “OneCoin to USD”. In future, the fluctuation in USD and Euro price can affect the price of OneCoin into USD mentioned in this article. But you can calculate it by yourself whenever you need it.
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OneCoin Rate Today
OneCoin to Euro
1 OneCoin = 20.75 Euros
OneCoin to USD
One Euro = 1.21 USD
1 OneCoin = 25.1075 USD
Hence a single OneCoin is equal to 25.10 USD. The price is expected to be increasing within next few days as the difficulty increase barometer is at 97%. Whenever it will touch 100%, the price of OneCoin will increase.
The price discussed above is the internal price of OneCoin which is decided by the company itself. To understand the OneCoin price mechanism, you need to understand how OneCoin works.
OneCoin is in its ICO phase and the coin will be launch to open market on 8 October 2018. It will be introduced to XcoinX exchange. The beta version of XcoinX has already introduced by the company to test its working.
Also read: What is Cryptocurrency Exchange
It worked perfectly and now the company is planning to introduce the full feature version on 8 October. After introducing the coin to this exchange the company will decide whether to introduce OneCoin to other exchanges or not.
Maybe the company launches the final version of XcoinX 4 to 5 days before the OneCoin launch to open market. But we can’t say anything about its exact launch date. The website is showing “The site is currently under maintenance.”
XcoinX will be the official exchange for OneCoin. Where OneCoin users will involve in trading with OneCoin. If some new user wants to join the exchange, he has to purchase to buy OneCoin by spending Bitcoin or Ethereum.
The company aims to turn OneCoin into a global payment system by introducing it to its own exchange XcoinX.
How Does OneCoin Works
OneCoin is enhancing its network through network marketing. OneLife is playing an important part in the networking of OneCoin. The company is basically selling education packages. Whenever a user pays for a specific package, he gets access to different courses related to OneCoin on OneAcademy.
Here are the details of all OneCoin packages and if you want to register yourself as a OneLife member, click here.
Along with this education package, the user also gets some tokens. These token can be different for different users depending on the package. After going through the process of the split, the token got double.
Next, these tokens go for mining. The mining is done by the company itself with its private blockchain technology. The company has recently shared information regarding its blockchain with investigation agency in Italy and Bulgaria.
After going through the process of mining the tokens got converted into coins. The process of conversion of the token into coin takes 6 to 7 months usually. But its duration can increase or decrease depending on user’s package.
Users hold his coin in his account and he can also use his coin on DealShaker to purchase different products. After 8 October 2018, the coin will be available for trade on XcoinX exchange and users can use it anywhere.
The company aims to launch the coin at its current price. After its launch to open market the price can go up or down depending on certain factors.
The user can play its role to help the coin in attaining stability by holding the coin and by creating positive hype about OneCoin.
It is the responsibility of the user to create positive hype as we all are the part of OneLife community. Together we can take our coin to the moon. Let’s hope for the best. Try to introduce new merchants to DealShaker.
If you are using OLX for selling your products, you can also use DealShaker for the same purpose. The community of 3.4 Million can help the company in achieving the targeted goal.
Share this article with your friends and fellow to let them know about some positive news regarding OneCoin.