PKT Price

What is PKT?

PKT (Payment Coin) is a decentralized cryptocurrency designed to be used as a medium of exchange for goods and services. It was created in 2018 by the developers of the open source project, Paycoin. The main purpose of PKT is to provide users with an easy and secure way to make payments online. PKT offers its users fast and low-cost transactions, as well as privacy and security features that are not available with other cryptocurrencies. Unlike other digital currencies, PKT does not require miners or staking to validate transactions. Instead, it uses a consensus algorithm called Proof-of-Stake (PoS), which allows users to stake their coins in order to earn rewards.

PKT also has a unique feature called "Proof-of-Burn" which allows users to burn their coins in order to receive rewards. This process helps reduce inflation and ensures that the value of the coin remains stable over time. Additionally, PKT has implemented several security measures such as two-factor authentication, multi-signature wallets, and encrypted messaging.

PKT is currently listed on several exchanges including Bittrex Global, Bitfinex, HitBTC, OKEx, KuCoin and more. It can also be purchased directly from the official website using various payment methods including credit cards and bank transfers.

Overall, PKT is an innovative cryptocurrency designed for everyday use. Its unique features make it an attractive option for those looking for a secure and reliable way to make payments online.