Security and Control

GyroCoin transactions are secured by coin-holding validators. Cryptographic signatures prevent other people from spending your money. The proof of stake (PoS) validation prevents other people from undoing, rearranging, or losing your transactions. So long as you take the required steps to protect your wallet, GyroCoin can give you control over your money and a strong level of protection against many types of fraud.

Choose Your Own Fees

There is no fee to receive GyroCoin, and many wallets let you control how large a fee to pay when spending. Most wallets have reasonable default fees, and higher fees can encourage faster confirmation of your transactions. Fees are unrelated to the amount transferred, so it's possible to send 100,000 GyroCoins for the same fee it costs to send 1 GyroCoin.

Easy Mobile Payments

GyroCoin when used on a mobile device allows you to pay with a simple two-step scan-and-pay. There's no need to sign up, swipe your card, type a PIN, or sign anything. All you need to receive GyroCoin payments is to display the QR code in your crypto wallet app and let the other party scan your mobile, or touch the two phones together (using NFC radio technology).

Protect your identity

With GyroCoin, there's no credit card number that malicious actors can collect in order to steal from you. In fact, it's even possible in some cases to send a payment without revealing your identity, almost like with physical money. You should, however, take note that some effort can be required to protect your privacy.

Fast International Payments

Sending GyroCoin across borders is as easy as sending it across the street. There are no banks to make you wait three business days, no extra fees for making an international transfer, and no special limitations on the minimum or maximum amount you can send.

Reliability

Similar to email, you don't need to ask recipients you're sending GyroCoin to, to use the same software, wallets, or service providers. You just need their BSC address and then you can transact with them anytime. The GyroCoin network is always running and never sleeps, even on weekends and holidays.

Interested in joining the GyroCoin community? Click here or buy now.