Poloniex CounterParty BTC is online market maker for p2p online currency indicated as Cryptocurrency. Poloniex CounterParty BTC is traded in Bitcoins. BTC cryptocurrencies are getting more and more accepted by many online vendors as a form of payment for goods or services. Please note that Poloniex CounterParty BTC has not being traded in the last 1 month and is extremely volatile. Counterparty is not a traditional crypto currency and is more of a payment network - using bitcoin as the transport layer. Counterparty is a free and open platform that puts powerful financial tools in the hands of everyone with an Internet connection. By harnessing the power of the Bitcoin network, Counterparty creates a robust and secure marketplace directly on the Bitcoin blockchain, extending Bitcoins functionality from a peer-to-peer payment network into a full fledged peer-to-peer financial platform. In addition to sending money without third-party intermediation you can trade, do business, and engage in advanced financial contracts without having to trust anyone else to hold your funds or do your accounting. Along with the Counterparty protocol, the platform consists of the native XCP token to perform advanced operations, and the secure, browser-based Counterwallet to provide the functionality.. CounterParty is is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 6 exchanges including TuxExchange, BTER, Poloniex, BitTrex, BitSquare and Zaif in multiple currencies such as BTC, CNY, NXT, JPY and others.
Poloniex CounterParty has some characteristics of a very speculative penny stock
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