Post by John Skieswanne on Jan 29, 2022 15:28:48 GMT
The Tradit is rapidly gaining popularity. Here are some helpful tips about the Tradit, and how to use it.
The Tradit (contraction of the words "trade" and "credit") is the official currency of the Federation of Pangaea; although it can be used by anyone really, including any people outside of the Federation of Pangaea. It is completely independent from any other "financial" system. As such, coins you earn will always remain yours, and yours alone. No one can seize your coins; and the value of those coins remain stable with time.
How does it work?
The Tradit is not a cryptocurrency. It simply keeps an independent record of your wallet and of its balance. This record is updated only when you carry out a transaction, or when you receive coins from someone else. The Tradit system essentially keeps tab, nothing less, nothing more.
Tradit coins cannot be mined, they can only be earned. Unlike cryptocurrencies such as Bitcoin, a foreign country such as China cannot simply just mine a large amount of coins. This makes the Tradit relatively stable and reliable.
How Secure is it?
The Tradit is written in a language that was itself designed to be hacker-resistant. All code is executed on the server side, so the client cannot tamper with the code. In fact the code is never actually even sent to the client in the first place; the client only has access to his/her own results after execution. This makes the Tradit rather secure.
The Tradit is extremely private, and by design it is completely anonymous. You are only identified by your wallet id, and your password. Those are not shared with anyone. The Tradit does not require your name, nor your telephone number, nor your address, nor your email, nor your IP, nor any other information about you.
Why is it hosted on long domain names?
The Tradit coin is free, and will always remain free to use. There will never be any charges for using Tradit; there are no transactions fees, nor any fees of any type. To keep the Tradit free, the Federation is hosting the system on professional platforms using free plans; therefore the Federation does not need to require any maintenance fees from its citizens.
The official portal website to the Tradit is located at this address: traditcoin.weebly.com
Always use this address to access your wallet.
How can I get my own wallet?
Getting your own wallet is super-easy. Simply navigate to the official Tradit portal, and follow the options there. When you launch the Tradit system on your device, your device will act as your wallet. No registrations required, no log-in required. It's just plug-and-play. We do recommend you protect your device and prevent others from using it without your permission; just as you would do with a physical wallet.
How valuable is the Tradit coin?
Officially, the Tradit is a digital exchange token, and does not count as traditional money. However, the fiat value of a single Tradit coin is fixed at 1.00 Tradit = 100.00 USD, 2020 USD average value.
How can I use the coin?
If you have some coins in your wallet, you can shop for items on the official Tradit Marketplace. There you will find items that you can buy using your Tradits.
There are quite a few ways you can earn coins:
- You could join the Federation of Pangaea - every hundred days the Federation of Pangaea is required to grant a Tradit payment to its citizens. If, additionally, you turn property you own into a Country that's part of the Federation of Pangaea, or if you launch a Pangaean company, you will be eligible for an additional (and rather considerable) grant.
- You could sell something on the official Tradit Marketplace - there you can sell any physical or digital item or service, in exchange for Tradits. The Tradit Marketplace benefits from much visibility as it is constantly viewed by all citizens of the Federation of Pangaea.
- You could sell something on your personal website - yes, the Tradit coin can be used anywhere, including on your very own web pages! You have the option of creating automated, "buy now" transactions buttons, right from your wallet. This will create a button code, which you can then copy-paste into the HTML code of your website. When customers click on that button, it'll allow them to automatically buy your items; and you'll be earning Tradit coins even if you're away at work, on the road, or relaxing in front of the TV!
Have any questions? Experiencing some kind of issue? Ask away in the Q&A board of the forum; and the community will gladly help you out!