Cryptopia Exchange, in its Tweet on June 18th, announced the launch of TokenPay on its platform. The pairs listed are TPAY/BTC, TPAY/LTC & TPAY/DOGE. TPAY is a Switzerland based open-sourced, decentralized platform that self-verifies payments and connects the financial space with the benefits of blockchain.
Its goal is to provide safe, secure, and reliable Banking & Merchant services to the crypto community & businesses around the world. It can be accessed exclusively through Tor Browser, as maximum user security remains their focal point.
On CoinMarketCap, TPAY stands on an insignificant 193rd position on the chart. The current price of TPAY is running at $2.62 USD with a market capitalization of $40 million. The data from past one month suggests that the highest that TPAY price achieved was $5.88 USD while the lowest is observed to be $2.30 USD.
As TPAY provides access through Tor Browser only, it is difficult to check the reliability of transactions. This also adds to the risk of cryptojacking due to its anonymity focus.
ES, a Twitter user who was affected by the recent hacks tweeted:
“My over 11K PAC coins and 17,5K ETN coins were hacked and stolen during Cryptopia maintenance period.
Admin replied : change password, log in email and file a police report.
Further investigation will be conducted but funds
will not be fully recovered. “
Another crypto investor enquired:
“how long will it take to deposit in to Cryptopia from desktop wallet??”
Abhinav Shukla, an altcoin investor from Bhatinda says,
“Cryptopia has been listing many insignificant coins recently but as an investor, it is good for me, you can trade with multiple highly volatile assets make tons of money if you are smart. TPAY is just another shit coin which no one will talk about in the next year but good for investing”
Recently, Cryptopia Exchange has also added to its platform several other less known coins, namely, ZEST, PROOF, GINcoin, Quasarcoin, and BlitzPredict.
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