MobileCoin (MOB) Trading 3.9% Higher This Week

MobileCoin (MOB) traded down 3% against the U.S. dollar during the one day period ending at 7:00 AM E.T. on February 11th. One MobileCoin coin can now be bought for approximately $0.32 or 0.00000666 BTC on major cryptocurrency exchanges. MobileCoin has a market capitalization of $23.91 million and $5.84 million worth of MobileCoin was traded on exchanges in the last day. In the last seven days, MobileCoin has traded up 3.9% against the U.S. dollar.

MobileCoin Coin Profile

MobileCoin (CRYPTO:MOB) is a SCP coin that uses the Blake2b hashing algorithm. Its genesis date was September 29th, 2021. MobileCoin’s total supply is 250,000,000 coins and its circulating supply is 74,218,324 coins. MobileCoin’s official Twitter account is @mobilecoin and its Facebook page is accessible here. The official website for MobileCoin is mobilecoin.foundation. The Reddit community for MobileCoin is https://reddit.com/r/mobilecoin and the currency’s Github account can be viewed here. MobileCoin’s official message board is medium.com/mobilecoin.

According to CryptoCompare, “MobileCoin is a privacy-focused cryptocurrency designed for fast, secure transactions on mobile devices. It was founded in 2017 by Josh Goldbard and Shane Glynn and is based in San Francisco. The MobileCoin protocol was open-sourced in 2020 and the network went live in December of the same year. It can be used to send and receive funds through the MobileCoin network and was recently integrated into the Signal encrypted communications app. To use MobileCoin, you need a MobileCoin wallet and MOB token, which can be purchased on their website. The MobileCoin network uses the Stellar Consensus Protocol and has 250 million MOB tokens, with more than 50% available for purchase on their website.”

Buying and Selling MobileCoin

It is usually not presently possible to buy alternative cryptocurrencies such as MobileCoin directly using US dollars. Investors seeking to acquire MobileCoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy MobileCoin using one of the aforementioned exchanges.

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