What is CYFM?

What is CYFM?

CyberFM (CYFM) is a cryptocurrency token that represents a regulatory compliant cryptographic form of currency for Streaming Radio listeners globally. Listeners are rewarded with the CYFM Token for simply listening to the Radio.

How much is CYFM coin?

CYFM Price and Market Stats

CYFM Price $0.00000160
Market Cap Dominance 0.00%
Trading Volume $67.24
Volume / Market Cap 47.3799
24h Low / 24h High $0.00000141 / $0.00000166

How do you earn CYFM?

How to EARN CYFM tokens using the CyberFM app? Print

  1. Select Polygon (Legacy)
  2. Select Login Using Existing Wallet and paste a Polygon wallet address. *If you selected email login, the app creates a new wallet address on the blockchain for you.
  3. Choose a station or podcast.
  4. Enjoy the music and content.

Where can I trade CyberFM?

CyberFM (CYFM) is an ERC-20 Token that is now trading on several exchanges such as IDEX, Fatbtc & TokenStore under CYFM/ETH pair.

What is Crypto?

Cryptocurrency, sometimes called crypto-currency or crypto, is any form of currency that exists digitally or virtually and uses cryptography to secure transactions. Cryptocurrencies don’t have a central issuing or regulating authority, instead using a decentralized system to record transactions and issue new units.

What is an Altcoin exchange?

An altcoin exchange is a place where you can trade one altcoin for another. Most major cryptocurrency exchanges allow you to trade altcoins as well as Bitcoin. Larger exchanges will have more trading pairs, including fiat to altcoins, bitcoin to altcoins, and altcoins to altcoins.

Are Bitcoins safe?

While Bitcoin technology is pretty safe, there are some risks to consider before you make an investment. Bitcoin isn’t anonymous, the price of cryptocurrencies can be extremely volatile, Bitcoin relies on passwords, and cryptocurrency wallets are not immune to theft.

Is cryptocurrency legal?

The sale of cryptocurrency is generally only regulated if the sale (i) constitutes the sale of a security under state or Federal law, or (ii) is considered money transmission under state law or conduct otherwise making the person a money services business (“MSB”) under Federal law.

Is coin DCX safe?

With BitGo protection, the users’ funds are completely safe with us and makes CoinDCX, one of the safest cryptocurrency exchange in the world. We at CoinDCX have always given paramount importance to the security of digital assets, cryptocurrencies, and personal information stored within our exchange.

Why you should invest in altcoins?

Rather, Pape says “The purpose of altcoins is to be projects that build on top of open-source blockchain technology, providing alternative use cases to the traditional financial system and big tech companies – think DeFi (decentralized finance) or NFTs (nonfungible tokens).”

Do I pay tax on Bitcoin?

Bitcoin has been classified as an asset similar to property by the IRS and is taxed as such. U.S. taxpayers must report Bitcoin transactions for tax purposes. Retail transactions using Bitcoin, such as purchase or sale of goods, incur capital gains tax.

Are Bitcoins illegal?

As of June 2021, bitcoin was legal in the U.S., Japan, the U.K., and most other developed countries. In general, it is necessary to look at bitcoin laws in specific countries. Bitcoin appears to have flaws for those seeking anonymity, so illegal activity is moving to other cryptocurrencies.

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