After your download and install you will create an account. Write your recovery phrase down on paper and keep it stored in a safe place.
Register on any of the exchanges that has City Coin, and put in an order to buy. When you receive City in your exchange wallet, you can withdraw to City Hub.
After you buy City Coin from any exchange, you can transfer it back to your wallet.
Did you know that City Coin supports staking?
Staking (Proof-of-Stake) is a form of cryptocurrency mining, but does not require a lot of computing like Bitcoin (Proof-of-Work). You can run staking on your laptop if you want to.
With City Coin in your wallet, you can turn on staking to earn a passive income by participating in the network.
You will receive 2 City Coin for every block that you make. The more City Coin you stake, the higher chance you have of being the one staking the new block.
City Chain generates a new block every minute (~60 sec). This ensures that you don't have to wait long for block confirmation.
In comparison, Bitcoin generates a new block every 10 minutes.
The txbit.io exchange has two trading pairs available for City Coin. You can trade with Bitcoin and Ethereum.
https://txbit.io/
Parag Khanna
Author, analyst, global theorist
Sondre Bjellås
City Chain Foundation
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