Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
YoloCash (YLC) is a cryptocurrency and operates on the Ethereum platform. YoloCash has a current supply of 48,888,888 with 29,499,387.99998092 in circulation. The last known price of YoloCash is 0.00028506 USD and is down -4.73 over the last 24 hours. It is currently trading on 2 active market(s) with $0.00 traded over the last 24 hours. More information can be found at https://www.yolocash.co/.
What is YoloCash?
YoloCash is a multifaceted platform that combines the functionalities of a cryptocurrency wallet, payment system, and a decentralized e-commerce platform. It caters to both individual users and businesses by providing a secure and user-friendly environment for managing and transacting with cryptocurrencies. The platform is designed to facilitate seamless transactions, making it easier for users to send, receive, and store various cryptocurrencies.
One of the key features of YoloCash is its marketplace, which connects global merchants and consumers, allowing for the purchase and sale of goods and services using cryptocurrencies. This marketplace is built on the principle of decentralization, leveraging blockchain technology to ensure transparency, security, and efficiency in transactions.
Additionally, YoloCash offers a contactless crypto card, further simplifying the process of making payments with cryptocurrencies in everyday scenarios. This feature represents a significant step towards the broader adoption of cryptocurrencies in conventional financial transactions.
YoloCash operates on the Ethereum platform, indicating that it utilizes smart contracts to automate and secure transactions. With a total supply of 48,888,888 tokens and 29,499,387.99998092 tokens in circulation, it aims to provide a stable and reliable medium of exchange for its users.
The platform is accessible through various exchanges, highlighting its availability and liquidity for users interested in trading or investing in its native cryptocurrency. However, it's important for potential users and investors to conduct thorough research and consider the volatile nature of cryptocurrencies before making any financial commitments.
In summary, YoloCash is an innovative solution that bridges the gap between traditional e-commerce and the emerging world of cryptocurrencies, offering a decentralized platform for secure and efficient transactions.
How is YoloCash secured?
YoloCash employs a multifaceted approach to ensure the security of its platform and safeguard the assets and information of its users. This approach integrates both technological and operational measures to create a robust security framework.
Technologically, YoloCash incorporates encryption protocols to protect data in transit and at rest, ensuring that sensitive information is shielded from unauthorized access. This is a fundamental aspect of cybersecurity, providing a secure foundation for user transactions and data storage.
In addition to encryption, YoloCash utilizes two-factor authentication (2FA) for user accounts. This adds an extra layer of security by requiring not only a password and username but also something that only the user has on them, typically a piece of information only they could know or have immediately to hand - such as a physical token or a text message codes sent to their mobile device. This significantly reduces the risk of unauthorized account access.
Operational measures include a combination of online and offline storage solutions to protect users' assets. By diversifying the storage of assets between hot (online) and cold (offline) wallets, YoloCash minimizes the risk of significant losses due to online threats such as hacking. Cold storage, in particular, is recognized for its enhanced security, as it keeps assets offline and out of reach from online vulnerabilities.
Furthermore, YoloCash has implemented advanced security layers and banking integration, which not only enhances the security of transactions but also provides a seamless experience for users. The platform's security infrastructure is designed to detect and prevent fraudulent activities, ensuring a safe trading environment.
Lastly, the platform's sandbox structure acts as an additional protective measure, isolating systems and testing environments from live user data and operations. This helps in identifying vulnerabilities and preventing unauthorized access or hacking attempts.
It's important for users to conduct their own research and consider the security features of any platform before engaging in cryptocurrency transactions.
How will YoloCash be used?
YoloCash is designed to serve as a medium for transactions and payments across various sectors, emphasizing its utility in legitimate financial activities. It operates on the Ethereum platform, which suggests its integration into the broader ecosystem of decentralized applications (dApps) and smart contracts, enhancing its versatility and potential for adoption in different industries. The cryptocurrency's framework explicitly prohibits its use in illegal activities, including money laundering and financing terrorist activities, ensuring compliance with legal standards and promoting ethical use.
With a finite supply, YoloCash aims to maintain its value and utility in the market, supporting secure and efficient transactions. Its circulation within the market and its trading activity on exchanges indicate its availability and accessibility to users for trading and investment purposes. However, it's important for potential users and investors to conduct thorough research and consider the cryptocurrency's performance, including its price history and market trends, before engaging in transactions or investments.
YoloCash's potential use cases extend beyond simple transactions, potentially including integration into various applications that require a secure, transparent, and efficient means of transferring value. Its foundation on the Ethereum platform could enable it to leverage the capabilities of smart contracts, further expanding its applicability in automating agreements and processes across different sectors. This broad range of applications underscores the importance of understanding the specific attributes and compliance measures of YoloCash, ensuring it aligns with users' needs and legal requirements.
What key events have there been for YoloCash?
YoloCash, operating on the Ethereum platform, has experienced several noteworthy developments within the cryptocurrency landscape. These developments include updates to its system, forming strategic partnerships, and the announcement of a high roller casino project. With a total supply of 48,888,888 and 29,499,387.99998092 YoloCash in circulation, these events are pivotal in understanding the trajectory and activities surrounding this cryptocurrency. The recent updates likely aim to enhance the functionality, security, or user experience of YoloCash, reflecting the team's commitment to improving their offering in a competitive market.
Partnerships are crucial in the cryptocurrency world as they can provide access to new markets, technologies, or user bases. For YoloCash, forming partnerships could mean a broader acceptance and integration of its currency into various platforms or services, potentially increasing its utility and value.
The planned high roller casino represents a significant venture into the online gambling industry, leveraging blockchain technology to offer transparent and fair gaming experiences. This move could attract a niche audience interested in high-stakes gambling, providing a unique use case for YoloCash and possibly increasing its demand.
These key events underline the active development and strategic planning behind YoloCash, aiming to position it as a noteworthy participant in the cryptocurrency and blockchain ecosystem. However, it's essential for potential investors or users to conduct thorough research and consider the risks before engaging with any cryptocurrency.
The live YoloCash price today is $0.000428 USD with a 24-hour trading volume of not available. We update our YLC to USD price in real-time. YoloCash is down 3.19% in the last 24 hours. The current CoinMarketCap ranking is #8751, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.