Alibabacoin (ABBC) is a cryptocurrency that was created by the ABBC Coin, ABBC Foundation, LLC. The foundation in question is run by John Smith and it’s main goal is to explore ways of getting cryptocurrencies to become integrated into the global financial system. Its other goals are to investigate on any workable method of delivering its coin to its intended clients. It has already built a website with contact information for interested parties. The coin can be bought in various exchanges including CoinMarketCap, Cryptsy, and Poloniex. For instance, one might see the website offering one Alibabacoin per one Litecoin.
With regards to the issue of maintaining its value, this coin is meant to be an easy way of making savings, while assisting in spreading out the burden of managing currencies. One of the things that make it appealing to buyers is that the coin is not regulated by any central bank. In fact, it’s not even controlled by any country. However, its volatility makes the idea of investing in it a bit risky, especially for beginners.
Its value has been known to fluctuate significantly. The community has been working hard to get the coin established, but it’s also difficult to establish the foundation itself since it has no stocks or shares. The Alibabacoin coin would need to be purchased by users. It was first announced as a great way to earn from online websites. Many websites now accept this cryptocurrency because it gives them the ability to charge more fees for the transaction. At the moment, many of the most popular sites have already started accepting the coin.