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If you also want to be part of the crypto revolution but are confused about multiple coins and exchanges, stay through the passage and take the right decision. We will discuss one of the leading cryptocurrencies Coinlancer today for your reference with all the relevant details.
Coinlancer is a newer and advanced platform for meeting freelancers and clients. It is an improvised system from the traditional form of freelancing, that has been plagued by regulation, interference, payment disputes, etc. Coinlancer uses blockchain technology, is built on Ethereum, and works using smart contracts.
Coinlancer forms a decentralized ecosystem where freelancers and clients meet virtually, works with smart contracts, dealing in virtual currencies in the most secured environment.
How Coinlancer does work?
Coinlancer facilitates a decentralized platform for freelancers and clients from across the world. It is an effort to ease the process of freelancing by removing bottlenecks such as disputes related to work, payments, account suspensions without proper reasons, pending queries, etc.
Agree to terms: You as a participant can join as a freelancer or client. To initiate the process, first, go through the log-in process and read the terms of the agreement carefully. After a thorough understanding and completion of the login process, you can start posting or searching for projects to b worked upon.
Deposit funds: Coinlancer process funds deposited by clients for the projects and store in an escrow account. Freelancers bid online and clients choose the freelancer as per their requirements and budget. The system gives assurance of payment security and transparency for both parties.
Delivery of assignments: Freelancers work on the project and submit them to the client after completion as per guidelines and instructions in the client’s brief. The client evaluates the work and after satisfaction on all aspects, approves the project.
Approval and releasing the key: The client releases the key of the funds deposited in the escrow account on approval of the project.
Fund disbursement: The client releases keys to the fund after project closure and Coinlancer issues an equivalent number of tokens for the freelancer. Freelancers can hold or monetize the tokens on the platform.
The latest Coinlancer(CL) price in India is $0.009397. According to this Coinlancer study, the investment now has a 2.3 out of 10 safety rank and a +471.4 per cent predicted ROI with a price of $0.053695. Social Following is the most important ranking factor for this currency.
Being a freelancer with Coinlancer gives you access to a large number of jobs in the market. When compared to its competitors, the transaction and platform fees are significantly lower. Coinlancer is a trustworthy resource platform for its clients and freelancers to give consistent business and employment.
A high-security environment allows peers and clients to have a personalised wallet and hassle-free transactions. Much more hopeful and progressive than centralised freelancing platforms and creates multiple token generating sources. Coinlancer is a one-of-a-kind problem-solving platform.
To start trading and investing in Coinlancer and other cryptocurrencies, a reputed exchange is mandatory to have a cryptocurrency account that allows you to buy Coinlancer in India. Crypto exchange is a broker that allows you to trade Coinlancer in India and other cryptocurrencies.
Suppose you are interested in buying CL in India and getting the best pricing effortlessly and quickly. In that case, BuyUCoin Exchange is the sole exchange you need. It allows you to even buy Coinlancer using a credit card, debit card MasterCard NEFT or UPI.
Throughout all phases of its execution, the Coinlancer platform will empower freelancing opportunities and project transparent developments. Because the platform is built on a public blockchain, it is immune to censorship. The platform is run via smart contracts that are deployed on the blockchain. Furthermore, the platform’s use of Ethereum makes the entire process open and transparent. The Freelancers Tribunal will resolve all issues in accordance with the regulations outlined in the smart contracts.
There will be 300 million pre-minted Coinlancer tokens available during ICO — Cl Whitepaper
Coinlancer’s current focus is on developing a reliable freelancing platform. If we are successful in this, we intend to expand into the larger online labour market of BPOs and KPOs. We believe that the coordination and incentivization required for such initiatives may be accomplished more efficiently using blockchain and an Ethereum-based platform.
The current price of Coinlancer in India is 0.875915 INR, with a 24-hour trading volume not available. Our CL to INR conversion rate is updated in real-time. Coinlancer has increased by 0.19 per cent in the previous 24 hours.
Market Sentiments
According to Digitalcoin, the price of Coinlancer (CL) will rise in the future based on their forecasted data. Up to $0.0589318117 USD in total. In one year, the price of one Coinlancer (CL) could rise to $0.0204412873 USD, nearly doubling the current Coinlancer price.
Based on the data, it can be predicted that it is Profitable to invest in CoinLancer (CL) for the long term. By long-term, we mean that the CoinLancer forecast for a period of 5+ years. — cryptoground.com
Coinlancer is the safest platform for freelancers and given the impact of covid-19, we all are looking for work from home and freelancing works. Demand is evident and promising for Coinlancer.
However, like all market instruments and platforms for trading and dealing on Coinlancer, you must read and research all about cryptocurrencies and observe market trends before hiring or working through the platform.
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*This article is for knowledge purposes; we advise you to ask your financial experts before taking any investment decisions. *
Why 2021 is the Best Time to Invest in Coinlancer(CL)? was originally published in BuyUcoin Talks on Medium, where people are continuing the conversation by highlighting and responding to this story.