CCTL some info!! Coin Citadel owns and operates
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Coin Citadel owns and operates Bitcoiners7.com which will operate a Bitcoin trading platform, facilitating the exchange of bitcoins between individuals and businesses internationally.
Coin Citadel, Inc. / Global New Energy Ind. Inc. owns www.bitcoiners7.com a functional Bitcoin exchange allowing buyers and sellers to meet in a secure cyber marketplace. The fully functional platform is currently signing up members and will launch in the USA after it obtains the required MTB License. Coin Citadel will also operate Bitcoin ATM’s connecting bitcoiner7.com members with ATM/cash conversion and withdraw convenience.
Bitcoiners7.com was one of the oldest and most established Bitcoin businesses in operation today, having developed a reputation based on reliability and stability, allowing users to trade with confidence.
About Us
Coin Citadel, Inc. is incorporated in the State of Nevada. We are a development stage company that plans to engage both as an online bitcoin exchange as well as own and operate a Bitcoin ATM route.
Coin Citadel, Inc. / Global New Energy Ind. Inc. owns www.bitcoiner7.com a functional Bitcoin exchange allowing buyers and sellers to meet in a secure cyber marketplace. The fully functional platform is currently signing up members and will launch in the USA after it obtains the required MTB License. Coin Citadel will also operate Bitcoin ATM’s connecting bitcoiner7.com members with ATM/cash conversion and withdraw convenience.
Bitcoiner7.com was one of the oldest and most established Bitcoin businesses in operation, having developed a reputation based on reliability and stability, allowing users to trade with confidence.
Bill Schaefer was named President/CEO of Coin Citadel Inc. company.
Bitcoiner7
Several marketplaces called “bitcoin exchanges” allow people to buy or sell bitcoins using different currencies. Bitcoiner7.com is a bitcoin exchange that will operate as one of the United States exchanges, offering secure transactions, and secure bitcoin tranfers.
Coin Citadel will obtain a MTB license and fully comply with FinCen.
What is Bitcoin?
Bitcoin is a peer-to-peer payment system and digital currency introduced as open source software in 2009 by pseudonymous developer Satoshi Nakamoto. It is a cryptocurrency, so-called because it uses cryptography to control the creation and transfer of money. Conventionally “Bitcoin” capitalized refers to the technology and network whereas lowercase “bitcoins” refers to the currency itself. It operates with no central authority or banks; managing transactions and the issuing of bitcoins collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
Bitcoins can be used to buy merchandise anonymously. In addition, international payments are easy and cheap because bitcoins are not tied to any country or subject to regulation. Small businesses may like them because there are no credit card fees. Some people just buy bitcoins as an investment, hoping that they’ll go up in value.
Bitcoins are created by a process called mining in which participants verify and record payments in exchange for transaction fees and newly minted bitcoins. Users send and receive bitcoins using wallet software on a personal computer, mobile device or on the web. Bitcoins can be obtained by mining or in exchange for products, services, or other currencies. This exchange is where www.bitcoiner7.com enters the market. Members who utilize www.bitcoiner7.com have the ability to trade dollars or euros in an open exchange market for bitcoins.
Commercial use of Bitcoin is currently small compared to its use by speculators, which has fueled price volatility. Bitcoin as a form of payment for products and services has seen growth, however, and merchants have an incentive to accept the currency because transaction fees are lower than the 2–3% typically imposed by credit card processors.
Bitcoin ATM
Coin Citadel will own and operate bitcoin ATMs allowing consumers to quickly purchase bitcoin or to exchange bitcoin for local currency. The advantages of Coin Citadel’s Bitcoin ATM is that it is the easiest way to exchange cash for bitcoin locally and instantly is to complete a transaction using an ATM-like device. A purchaser simply scans his or her digital or paper wallet, inserts cash into the machine, and bitcoins are added to his or her wallet according to the exchange rate listed on the device.
Benefits of a Coin Citadel Bitcoin ATM
• Instant transaction
• Lower fees than online exchanges
• Security and privacy
• Benefits for unbanked and international