Factom is an open-source based digital coin built on blockchain technology and designed specifically for businesses. It makes fraud and forgery impossible as entries in the ledger cannot be changed, so the system is fully transparent. You can perform Factom exchange on our website, BestRate.org. Users of Factom crypto coins, which are called Factoids, can change them for Entry Credits. In this case the coins get burned. Users with FCT Servers pay transaction fees for Bitcoin and get Factoids as an incentive for that.
The Factom API can be integrated with existing software, which makes it possible to share, exchange and audit sensitive private documents which helps businesses reduce audit time and prevent costly disputes.
How to purchase Factom
Select the cryptocurrency that you want to exchange for Factom and put in the amount. Select the best Factom exchange price for the transaction.
Type your Factom address. Copy the address provided by bestrate.org. The transaction will be created and processed after that. You will see its status displayed on your screen.
How to sell Factom
Select the cryptocurrency to buy with Factom, put in the amount and repeat the procedure described above for cryptocurrency exchange.
BestRate.io provides you with the best bitcoin exchange rates so that you could maximize your profits.