HoboNickels (HBN)

HoboNickels (HBN) is a cryptocurrency that was founded by a group of anonymous developers in 2013, and is based on the CryptoNote protocol. It was created as a hobby coin, and is unique in that it has a built-in system of rewards for those who help to spread and publicize the coin. It is often compared to Dogecoin and Litecoin in its use of entertaining, lighthearted features and fun graphics. HoboNickels is traded on many exchanges, such as Poloniex, Cryptopia, YoBit and Bittrex. It is offered as a standard trading pair with Bitcoin, as well as several other cryptocurrencies. The coin also has a thriving marketplace, with users offering goods and services for sale in exchange for HBN. Additionally, the currency can be mined using common CPU and GPU graphics cards. What makes HoboNickels unique is its reward system. The developers created a system which offers rewards to users who “hype” and spread the word about the currency, which include low-cost advertisements as well as higher-cost services like designing logos or infographics. This incentivizes users to promote the currency and contributes to its overall success. Many users find HoboNickels useful for speculation and trading, as the coin boasts a relatively stable value. It is also useful for storing funds; the currency provides advanced encryption mechanisms for secure digital transfers. The currency can also be used for gaming, as the developers have integrated it into several popular third-party titles. For those looking to buy or sell HoboNickels, there are a few steps that must be taken first. Users must first create a wallet address, which consists of a unique string of alphanumeric characters. From there, users may deposit funds from an exchange, or transfer funds from a personal wallet. Once users have sufficient funds in their HBN wallet, they can purchase or trade the currency on an exchange. In summary, HoboNickels (HBN) is a fun cryptocurrency that was created in 2013 by anonymous developers. Its reward system entices users to promote the coin, while its advanced encryption technology make it a secure choice for storing funds. It is widely available on exchanges, though users must first obtain a wallet and purchase or transfer the currency to begin trading.