ISLAMIC COIN vs ZugaCoin: Which Cryptocurrency is suitable for the common man? Buy and HODL


The world of finance is constantly evolving, and the rise of digital currencies is changing the way we think about money. Islamic Coin and ZugaCoin are two innovative digital currencies that aim to make a positive impact on society while providing users with fast, secure, and low-cost financial services. Both coins prioritize philanthropic causes and financial inclusion, making them attractive options for socially conscious investors. In this article, we’ll take a closer look at these two digital currencies and explore the ways in which they are changing the financial landscape.

Islamic Coin is a native currency of Haqq, a community-run network which boasts a finite total supply and allocates 10% of each issuance to philanthropic causes. It promises users greater access to low-cost banking, faster remittances, economies of scale in multiple regions, increased goods/service processing speed and much more.

ZugaCoin shares similar goals as Islamic Coin but has its sights on developing nations in Africa and other parts of the world with sparse economies. Its ambition is to improve financial inclusion where it’s most needed by giving users an easy way to transact without relying on traditional banking systems.

By investing in either (or both!) of these innovative digital currencies you can rest assured knowing you’re aligning yourself with ethical values, contributing to global generosity and helping build more equitable societies all around the world.

READ ALSO  ZUGACOIN: Automatic withdrawals commence worldwide as presales of the GREEN ZUGACOIN begins next month

What Is the Difference Between ISLAMIC COIN & ZugaCoin?

Islamic Coin and Zugacoin are both cryptocurrencies, but they have some major differences that make them well-suited to different needs:

1. Purpose: Islamic Coin aims to promote ethical, Shariah-compliant investments and bring financial services to those living in developing nations with reduced fees and access barriers. Zugacoin seeks to empower the largest and fastest-growing workforce in the world by providing learning and earning opportunities in Africa and other developing nations.

2. Philanthropic Allocation: Islamic Coin automatically allocates 10% of each issuance for philanthropic purposes, while Zugacoin does not have a similar feature.

3. Market Volatility: Zugacoin has features that protect users from market volatility, such as pegged savings accounts and biometric mobile wallet security. Islamic Coin does not mention any similar features.

4. Targeted Users: While both currencies are aimed at improving financial inclusion in developing nations, Islamic Coin focuses on Shariah-compliant investments and reducing access barriers, while Zugacoin focuses on providing learning and earning opportunities.

READ ALSO  Pi Network Coin vs. Luna: A Clash of Cryptocurrencies

5. Finite Total Supply: Islamic Coin has a finite total supply, but it is unclear whether Zugacoin has a similar feature.

The rise of cryptocurrencies has brought about new opportunities for financial inclusion and philanthropy, and Islamic Coin and Zugacoin are two examples of this trend. Both digital currencies have their unique features and aims that cater to different needs and audiences. Investors interested in ethical investments and philanthropy may find Islamic Coin to be a suitable option, while those looking for opportunities to empower developing nations’ workforce may consider Zugacoin. Regardless of which digital currency you choose, it is crucial to research and understand the risks involved before investing. With the right knowledge and approach, cryptocurrencies can be a powerful tool for positive change.

How to Buy ISLAMIC COIN & ZugaCoin?

If you’re looking to buy and hold either ISLAMIC COIN or ZugaCoin, there are a few simple steps that you’ll need to take. To get started, it’s important to choose the right exchange or wallet provider.

  • Choosing an Exchange or Wallet Provider: The first step is to select a provider and create an account. Make sure that the provider you choose is reputable, secure and has extensive experience with cryptocurrency transactions. It’s also important to verify the security of your purchases by confirming that the exchange or wallet provider is compliant with Shariah law at all times.
  • Transferring Funds: Once your account has been created, you can deposit funds with a debit card, credit card, bank transfer or other payment method offered by your chosen provider.
  • Buying and Storing Your Coins: Once you’ve deposited funds into your account, you can take advantage of the exchange’s integrated market order system and buy one of ISLAMIC COIN or ZugaCoin in whatever quantity desired. It’s highly recommended that you store your coins safely in a cold storage wallet for added security.
READ ALSO  HAPPY EID-EL-FITRI TO MUSLEM BROTHERS AND SISTERS–Dr. Samuel Tondo

Buying and holding ISLAMIC COIN or ZugaCoin can be an excellent investment opportunity for those looking to support ethical values and financial inclusion. By following these simple steps, you can purchase your desired digital currency and store it securely. Remember to choose a reputable exchange or wallet provider, verify its Shariah compliance, and always exercise caution when investing in cryptocurrencies. With the right approach, buying and holding digital currencies like ISLAMIC COIN or ZugaCoin can be an excellent addition to any investment portfolio.


Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts