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Review of Chains.com vCHA Coin | in this page, you are going to know if chains is legit or not. Using a single Chains.com account, you can connect to a stack of products that allows you to earn, trade, spend and invest any currency you wish – without the need to learn to interact with the underlying technology – Is Chains.com Legit or Scam
What is Chains.com (vCHA)?
Chains.com is a platform focused on building radically user-friendly products for earning, trading, spending and accumulating cryptocurrency. The platform is designed to help users to also engage blockchain-enabled products such as NFTs, DeFi and more.
A single Chains.com account provides our users with access to a collection of interconnected products and services.
Chains is developing a set of products and services designed to simplify the way you use cryptocurrencies.
Using a single Chains.com account, you can connect to a stack of products that allows you to earn, trade, spend and invest any currency you wish – without the need to learn to interact with the underlying technology.
Chains.com Review – Is Chains.com (vCHA) Legit or scam
According to my research and finding out that chains.com domain was registered on the 31st of Oct, 1996. This shows that the chains.com domain has been existence even before the creation of Bitcoin which was created in 2009. So, I don’t think such a old domain can be a scam because they’ve already build a name in the internet.
And again, after I checked the team behinds this project, I find out that they are elite people’s with name’s and they are not just ordinary people who wake up in a day and start saying they want to create a cryptocurrency project.
So in my conclusion to my review of chains.com (vCHA), I find out that Chins.com is legit and not scam.
In case, everything is not clear with you, you can still go further to do your more research concerning chains.
The chains have four (4) features which are in below
Market research and analytics
Fully featured cryptocurrency exchange platform
A marketplace for products and services where everything is money
CHA token Genesis sale
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Here is the chains roadmap in the picture below
To get to know more about Chains.com (vCHA), you have to read the frequently asked questions.
How do I use Chains?
You can sign up as an early adopter and get lifetime discounts on Chains products. The discount is valid for Chains upcoming token sale, as well as for other Chains products that we are developing now.
Upon the introduction of the Launchpad, the CHA token will become available for sale on our platform. Following your purchase, head to your user dashboard to explore the features and products available on Chains.com at the moment.
What happens after the registration on Chains.com?
At Chains we are developing a variety of interconnected crypto-enabled products. For us to provide you the best experience and tailor-made solutions, we will be asking you to fill out a quick User Profile Questionnaire. Every question answered will reward you with 15,000 vCHA.
What is vCHA and how do I get it?
vCHAs are points, which are accumulated in your account and upon reaching every 200,000 vCHA are converted into a 1% lifetime discount on Chains. Reaching 1,000,000 vCHA will grant you the max lifetime discount of 5% on all Chains products.
Registering through an invite link of an existing Chains user
Providing information about yourself
Answering quiz questions
Inviting others to join Chains.com
How do I invite others to join Chains.com and what do I get from doing so?
The best way to invite users is by copying and pasting the link located in your user dashboard. If you are a registered user, goto your dashboard to visit it and copy it.
During the first 5 hours after registering on Chains, you can invite friends and receive a 100,000 vCHA reward for each user joining Chains. Those who join Chains using your invite link will get an additional 100,000 vCHA bonus.
I was invited by someone – why use their link instead of just signing up?
Both you and the person who invited you, will receive 100,000 vCHA if you use their link when signing up.
I accumulated OMYX during the preregistration campaign – what happens now?
First of all – thank you for being one of our earliest adopters. On Chains, your OMYX will be converted into vCHA at a 1:10 ratio, for a maximum of 500,000 vCHA. The conversion will happen automatically when you register with the email address you used to sign up for Coinomy during pre-registration.
As an example, if you have 9,000 OMYX, you will receive 90,000 vCHA when setting up your account.
What are you doing with my data?
Chains Launchpad and CHA Token Sale
The Launchpad is Chains’ first product and will be available to the public in the first half of 2022. The Chains Launchpad will be home to carefully curated cryptocurrency offerings by the top projects in the space.
What is the Chains Launchpad?
The Launchpad grants users with a Chains account early access to cryptocurrency issued by promising projects early in their lifecycle. Tokens offered for sale on the Launchpad are usually not available elsewhere and offer favorable, first-look terms to early adopters interested in supporting the project.
What is the Chains (CHA) Token?
CHA is a the native cryptocurrency token issued by Chains.com and is at the core of many Chains services.
It provides users with fee rebates, token sale discounts, as well as exclusive staking-based access to features and event taking place on the platform.
What are the benefits of using and holding CHA?
CHA, held or utilised, provides the user with the various benefits within Chains.com
Flat Reduction of transaction fees when used for payment
Compounding fee reduction based on the amount of CHA staked
Business Prism Analytics account access
Launchpad whitelist access
Automated Airdrop access
To learn more about CHA token and how it is integrated into the various services provided by Chains.com, check out the Chains Whitepaper.
When will the CHA Token Sale take place?
Follow our social media channels and subscribe to our newsletter to receive updates about the upcoming sale.
Where will the Token Sale take place?
Users will be able to participate in the Token Sale and buy CHA exclusively via a launchpad on Chains.com.
How do I purchase CHA during the Token Sale?
You can purchase CHA using BTC, ETH, common stablecoins (such as USDT, USDC and more), TRON, BNB and cryptocurrencies supported by the Coinbase Commerce payment gateway.
Who can purchase CHA?
Anyone can participate in CHA Token Sale, except for users who are citizens or residents of the following countries:
Central African Republic
Democratic People’s Republic of Korea
Republic of Seychelles
Trinidad and Tobago
Final CHA allocation is subject to identity verification (KYC).
I’m a resident or citizen of the United States – can I participate in the Token Sale?
USA citizens or residents users interested in purchasing CHA Tokens must fill and verify their status as accredited investors in order to be eligible for participation in the Token Sale.
The minimum purchase amount is $100 or equivalent in cryptocurrency.
How long does it take for the vCHA token to be visible on my launchpad dashboard?
Your tokens will become visible after your transaction is cleared. This process may be nearly instantaneous or take up to 2 hours, depending on the payment method
I bought CHA. How does the vesting process work?
100% of the tokens are available for utility and staking purposes and provide the same fee discounts and can be used as medium of exchange on the platform.
12.5% of the tokens unlock each month for trade and placement in external wallets.
Vesting can be expedited by increased utilization of CHA. For every CHA paid, 2 CHA fully unlock.
All unutilized tokens will unlock over an 8 month period, in monthly installments.
Where is my allocated CHA placed during the vesting phase?
Illiquid and un-utilised CHA tokens are held in the custody of Chains until an on-chain transaction needs to be executed
What is the CHA price structure?
The token sale starts at 0.0104 USD per 1 CHA token. The Token Sale is split into 100 tranches, with a gradually increasing price. In order to participate in the earliest stage of the sale, you must apply to have your Chains.com account whitelisted
CHA Accumulation – VIP Tier Structures explanation
The more CHA you have on your account, the higher is your VIP status on Chains. And higher status means lower commissions and lower fees.
Global Fee Discount
User Tier Referral Bonus
Blue Diamond 65%
Black Diamond 70%
Why can’t I receive all my VCHA Tokens at once?
With a vesting mechanism, we ensure token liquidity that is proportional to the token’s utility on the platform. CHA tokens purchased during the sale are gradually unlocked for trade while providing 100% utility from day 1.
Tokens held by Chains will be gradually burned based on the value and utility of the token. A detailed schedule will be provided separately.
How do I launch a token on the Chains.com Launchpad?
The Launchpad will start accepting applications for new token launches in May, 2022.
The Prism is an analytics product due to launch in 2022. Prism provides Chains users with the ability to track and measure a variety of assets – cryptocurrencies, equities, commodities and more.
What is Prism?
Prism is an analytics service developed by Chains. Prism allows you to track and measure the value of cryptocurrencies, major currencies, stocks, and commodities based on your preferred underlying asset. For instance – you can see the price of Tesla stock in Gold or the price of Bitcoin in Litecoin.
What is a search query in Prism?
A search query is a request to see a value of a certain asset evaluated in the units of the underlying asset chosen by you.
How many queries can I run in Prism per day?
When using a standard account you can run up to 3 queries per day. Premium Prism account allows you to run an unlimited number of queries per day.
How do I get a premium Prism account?
You can buy Premium Prism access with CHA or by staking a sufficient amount of it.
The Chains Exchange, due to launch in the second half of 2022, is a fully-featured cryptocurrency platform and will be made available in select jurisdictions. Your Chains.com and vCHA bonuses will be fully integrated with the soon-to-be-launched exchange.
What is the Chains Exchange?
The Chains Exchange is currently under development and upon launch will support 50 popular trading pairs, as well as multiple CHA trading pairs unique to Chains.com
When will the Exchange go live?
We intend to launch the Exchange in the second half of 2022.
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