Info about Jsecoin

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This topic contains 2 replies, has 1 voice, and was last updated by  Tzahnke 7 months ago.

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  • #6032 Reply

    Usman

    Hi there i just recently start mining jse
    i have few question
    how much 1 jse to usd ? i heard its 1$ right ?
    i receive Bounce 0.12 and after mining 20 mint its change to 1.12 which mean i have 1$ now ?
    can i exchange it with bitcoins ?
    what are the minimum withdrawal ?

    #6033 Reply

    James

    Hi Usman,

    There’s a FAQ here with a lot of these questions and others that might be of interest: https://jsecoin.com/en/support/FAQ/

    I’ll go through and answer each individually.

    how much 1 jse to usd ? i heard its 1$ right ?
    We are not listed on exchange yet so it has no market value. This will happen later this year after the ICO.

    i receive Bounce 0.12 and after mining 20 mint its change to 1.12 which mean i have 1$ now ?
    0.12 is a welcome bonus and 1 JSE would be your first mining reward.

    can i exchange it with bitcoins ?
    Not yet because we wont list on exchanges until after the ICO.

    what are the minimum withdrawal ?
    No minimum withdraw at this point.

    #6089 Reply

    Tzahnke

    Yes, there was a major JSEcoin fork about a month ago. JSE had a starting price of one dollar, but JSEcoins were larger back then. The supply and balances multiplied by 200, dividing the price by 200, so although they are not listed on exchanges, their current theoretical price would probably be about $0.005, or half a cent. The one dollar per coin fact no longer applies, and we hope to see the documents update. But that $0.005 value is only theoretical because it is not listed on exchanges. But in general theory, each coin could potentially be exchanged peer to peer for about $0.005.

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