Digital Bank Nubank Launches Cryptocurrency

Digital bank Nubank has launched Nucoin, which it developed on the Polygon (MATIC) network and consists of a supply of 100 billion units.
 Digital Bank Nubank Launches Cryptocurrency
READING NOW Digital Bank Nubank Launches Cryptocurrency

Digital bank Nubank has launched Nucoin, which it developed on the Polygon (MATIC) network and consists of a supply of 100 billion units.

Brazil-based digital banking company Nubank has launched a cryptocurrency called Nucoin as part of its loyalty program. Nubank, which allows its Brazilian customers to trade cryptocurrencies in the banking application, also launched the crypto money project it planned last year. While Nubank determined the total supply of Nucoin at 100 billion, it chose Polygon for its blockchain support.

Nubank Enters the Crypto Scene with Nucoin

Brazil-based Nubank, adding a new one to its move towards the crypto industry, launched Nucoin. Nucoin will have a supply of 100 billion units and will use the Polygon network.

In addition, Nubank will include the Nucoin parity in the crypto trading it started in the banking application. In this way, the bank will not need a secondary market and it will not be possible to withdraw units to a special wallet.

This project, announced last year, will begin to be actively offered to 70 million users, according to a press release.

Nucoin plans include airdrops, sweepstakes, commissions from payments, building an active community.

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