We are excited to announce that FIO has teamed up with MyCointainer to integrate the FIO Protocol into the MyCointainer Platform. Users of the MyCointainer website and app will be able to take advantage of utilizing features of the FIO Protocol which makes using cryptocurrency easier and less prone to mistakes. MyCointainer will also be adding support for the FIO Token and the ability to stake FIO Tokens.
MyCointainer is more than just a cryptocurrency exchange. While MyCointainer offers trading and other exchange services, platform gives users plenty of options within platform to earn through various cryptocurrencies that offer staking or yield-generating services. MyCointainer has stated that its goal is to enable easy access to varying rewarding crypto mechanisms for all. MyCointainer wants everyone to benefit from a changing financial landscape equally and speed up the global advent of crypto adoption. MyCointainer currently supports over 100 earning coins that users can manage from one simple wallet. To make the user experience even easier for existing users and attract more new users to platform, implementing the FIO Protocol, FIO Token support and staking support makes sense for everyone.
With the addition of the FIO Protocol, transacting in cryptocurrency becomes easier for users of MyCointainer. MyCointainer will be integrating FIO Crypto Handle registration, FIO Send, and FIO Staking. This process takes all the stress and the chance to make a mistake out of the picture by replacing your long-string public wallet address that you would normally send to with a human-readable FIO Crypto Handle. This makes sending and receiving cryptocurrency as easy as sending and receiving an email and eliminates the potential to make mistakes and possibly lose your cryptocurrency forever. A FIO Crypto Handle is in the format of username@domain, for example, janedoe@mycointainer. No longer will users have to worry about mistyping a character or any hack or exploit that alters the address where the user is trying to send funds. Also, as mentioned earlier, the FIO Token will be listed on the MyCointainer exchange so users can easily trade and stake FIO tokens. Those tokens can be used to purchase custom FIO Crypto Handles, or stake tokens to participate in governance and earn rewards. You can use the MyCointainer platform or download mobile app on your iPhone or Android phone. Get your MyCointainer account set up and keep an eye out for the announcement when the FIO Protocol is fully integrated into MyCointainer.
FIO, the Foundation for Interwallet Operability, is a decentralized consortium of blockchain organizations and community members supporting the ongoing development, integration, and promotion of the FIO Protocol. The protocol is an open-source, decentralized usability layer solution that works across all blockchains, and uses human-readable Crypto Handles to replace the complexity, risk, and inconvenience that comes with blockchain-based transactions using public addresses.