What is FirstCoin (FRST)? FirstCoin is a cryptocurrency designed to facilitate free, fast, secure and low-cost transactions between users in the open source blockchain. It was founded by Alex Lazarenko and launched on March 11th, 2017 as a fork of Litecoin. Who founded FirstCoin? Alex Lazarenko, a former software developer and entrepreneur, is the founder of FirstCoin. He developed the technology and founded the project to create a new, independent digital currency that could be used freely by anyone around the world, without the permission or control of centralized institutions or governments. What makes FirstCoin unique? FirstCoin is an open-source, decentralized cryptocurrency, meaning it is open to anyone, anywhere, regardless of geographic or financial restrictions. It is not subject to any third-party interference, meaning it is entirely anonymous, and secure from outside control. Additionally, FirstCoin is a blockchain-based cryptocurrency, meaning transactions are recorded and cannot be reversed, providing users a secure and reliable environment in which to make and receive payments. Where is FirstCoin used? FirstCoin can be used to make and receive payments, in a safe, fast, and secure manner. It is accepted by a growing number of online stores and service providers, who accept payments made with FirstCoin. Additionally, it can be used as a way to store value, like an investment, or spend as digital cash. Where to buy/sell FirstCoin? FirstCoin can be bought and sold on various crypto exchanges, including Bittrex, Cryptohub, Cryptopia, HitBTC, Livecoin, and YoBit. The first step to buying and selling FirstCoin is to create an account on an exchange website and then fund your account with either Bitcoin or Ethereum, which can be done using a debit or credit card or through a bank transfer. Once you have funds in your exchange account, you can then purchase FirstCoin directly from the exchange, or sell it at the current market rate.