Connect with us
Active Currencies 11247
Market Cap $1,573,032,954,142.30
Bitcoin Share 49.74%
24h Market Cap Change $0.95

CAIZcoin: the debut of pioneering Islamic compliant cryptocurrency on global exchanges is here

2min Read

Share this article

The eagerly anticipated global debut of CAIZcoin, a cryptocurrency based in the EU that adheres to Islamic financial principles, is just around the corner. With more than 30 exchanges set to list CAIZcoin, it is ready to make its mark on the global market.

A revolutionary deflationary system preserving the value

The Caiz Ecosystem operates on specific use cases and is designed to be deflationary. The number of Caizcoins in circulation is directly tied to the number of verified wallets within the ecosystem. Whenever a new wallet is verified, a predetermined amount of Caizcoins is released to the distribution wallet for circulation. However, the number of tokens released decreases with each slot, which is determined by the growing number of verified wallets.

This carefully planned schedule ensures that the supply of Caizcoins remains tight and becomes even tighter as the Caiz Ecosystem expands. In case the number of verified wallets decreases, the Distribution Wallet will transfer tokens back to the Minted Wallet. The initial slot will see a release of 40 million Caizcoins, with 20 million of them being locked in the Ecosystem Liquidity Wallet.

A groundbreaking approach to trading

“With the introduction of CAIZcoin to the market, we are witnessing the dawn of a new era in ethical finance,” says Philippe Theunissen, CEO of CAIZcoin Group. “Years of dedicated work on the blockchain alongside Islamic scholars have paved the way for an alternative reality that holds immense promise for over 2.2 billion people. It offers an ethical and transparent method of conducting exchanges, anytime and anywhere, with minimal costs and instantaneous transactions.”

The moment has arrived

After years of hard work and meticulous preparation, access to this global cryptocurrency will finally be available across more than 30 exchanges. Each partner has been meticulously selected, adhering to high standards to ensure the broadest and most suitable service for everyone involved.

All updates will be available in real-time on Coin’s social media channels and website, providing users with up-to-the-minute information on this groundbreaking development

About us

Caizcoin is the World’s First Islam Compliant Blockchain Ecosystem, based in the EU. Envisioned to be the bridge between the centralized and decentralized financial world.

Disclaimer: This is a paid post and should not be treated as news/advice.  

Share

With Masters in Mass communication and journalism, Anjali's interests lie in blockchain technology adoption across emerging economies.
Read the best crypto stories of the day in less than 5 minutes
Subscribe to get it daily in your inbox.