What is Bolivarcoin? Bolivarcoin (BOLI) is a decentralized cryptocurrency developed in Venezuela by a group of cryptocurrency enthusiasts who sought to help the people of the country achieve financial freedom. It is based on the Bitcoin protocol, but it has been enhanced with the added features of transaction encryption and privacy. The coin is designed to be used as a medium of exchange within Venezuela, as well as a global payment system. Who Founded Bolivarcoin? Bolivarcoin was founded in March of 2018 by cryptocurrency experts Negocio Crypto, a Venezuelan digital asset trading firm. The team of founders includes financial, legal and technological experts from Venezuela, Colombia, Aruba and the United States of America. What Makes it Unique? Bolivarcoin is unique for its low transaction fees, quick transaction processing speeds, and high levels of security. Additionally, the coin is designed to be used specifically for the Venezuelan market, giving users access to the benefits of digital currency without the hassle of obtaining government approval. The coin also supports a unique Bolivarcoin-to-Bolivar instant conversion feature that allows users to pay with Bolivarcoin at merchants that accept the Bolivar currency. Where is it Used? Bolivarcoin is used primarily in Venezuela as a medium of exchange. The Bolivarcoin mobile wallet allows users to buy and sell goods and services, make payments, and purchase products, services and travel packages. It has also been used in international money transfers and remittances, as well as international payments between merchants. Where to Buy/Sell Bolivarcoin? Bolivarcoin can be purchased and sold on a variety of exchanges, including Coinsuper, C-CEX, Exx, Livecoin, and Coinexchange. Additionally, it can be purchased with fiat currencies such as US Dollars, Euros, British Pounds, and Chinese Yuan. Comments Bolivarcoin is a great example of how cryptocurrency can help people in developing countries realize financial freedom and gain access to global markets. It offers Venezuelan citizens the unique opportunity to use a digital currency without the need for government approval or oversight. This has made it a popular tool for those looking to circumnavigate currency controls and take advantage of international payments and remittances. As the coin continues to gain traction, it is likely to have an even greater impact in the future.