What is Worldcoin? How to buy WLD with INR on KoinBX Crypto Exchange App from adaaliyajose's blog

Learn what is WLD and how to buy Worldcoin (WLD) with INR & WLD with USDT on KoinBX a global crypto exchange app (Android & iOS).

Worldcoin is a decentralized protocol or system designed to make the global economy accessible to everyone. And Worldcoin’s supervision and decision-making will be in the hands of its community. Worldcoin’s people and organizations work together to develop tools that help them achieve their mission. These tools include:

World ID — A digital identity that preserves privacy and helps to solve a range of identity-related issues, such as proving an individual’s unique personhood.

Worldcoin token — This is the first token that is distributed globally and freely to people, with the sole purpose of providing utility and governance.

World App — This is a self-service application that allows users to make payments, make purchases, and transfer funds globally using Worldcoin Token, Digital Assets, Stablecoins, and Traditional Currencies.

Moreover, Worldcoin’s unique digital identity can play a key role in demonstrating humanity in an increasingly artificial intelligence-driven online world.

Sam Altman, Alex Blania, and Max Novendstern are the co-founders of Worldcoin, which was originally funded by Tools for Humanity (TFH). It has since raised more than $250 million from investors around the world. Altman advocated universal basic income to address income inequality. In Altman’s view, if governments adopt Worldcoin (WLD) to provide universal basic income to their citizens, it could help to reduce fraud. Worldcoin is intended to bring people together, and Altman has stated that the journey will be long and the outcomes unpredictable, but the search for new ways to share technological abundance is “one of the greatest challenges of our time.”

At the launch of Worldcoin (WLD), the aim is to establish the most comprehensive identity and financial system with global acceptance at the level of a billion people. Unlike other crypto projects, the majority of tokens will be allocated to humans — solely to be human.

World ID will enable users to verify themselves as authentic, unique individuals on any platform that is compatible with the protocol, including web3 apps, social media platforms, and governmental programs. This will enable equitable airdrops, token / NFT sales, and social media bot / Sybil attacks, as well as the equitable distribution of limited government resources. Additionally, World ID may pave the way for AI-driven UBI.

Before the launch, over 2 million individuals from over 30 different countries have been verified at the Orb, a custom biometrics device designed to capture a high-resolution image of their iris. At the start of the World ID rollout, 1,500 orbs will be deployed in more than 35+ cities across 20+ countries to satisfy the global demand. And Worldcoin (WLD) is now available on the KoinBX crypto exchange, so you can trade WLD with INR.

Tokenomics

Token Name: Worldcoin

Ticker Name: WLD

Total Supply: 10,000,000,000 WLD

Circulating Supply: 109,947,145 WLD

KoinBX is a protruding cryptocurrency exchange platform that allows users to buy, sell, and trade various cryptos, including Bitcoin, Ethereum, and Worldcoin. This platform provides a user-friendly interface and offers a secure environment for crypto transactions. With a range of features and benefits that make it an attractive choice for beginners and experienced traders alike.

Step 1: Register on KoinBX App

To begin your Worldcoin(WLD) journey, download the KoinBX app from the Google Play Store (for Android) or the App Store (for iOS). Create a trading account by providing your necessary details and complete the registration process.

Step 2: Complete KYC Verification

You will need to complete the KYC (Know Your Customer) verification process. Submit your identification documents, such as your Aadhar card through the app, and once verified, you can proceed to the next step.

Step 3: Adding Funds to Your Account

Once your account is verified, it’s time to add funds to your KoinBX wallet. Choose a bank transfer, to deposit Indian Rupees (INR) into your account.

Step 4: Place Your Buy Order

Once your wallet is funded, navigate to the Market section within the KoinBX app. Select the trading pair (WLD/INR, WLD/USDT). And enter the desired amount of WLD you wish to purchase and review the order details.

Step 5: Executing the Trade

Once you have finalized your buy order, click on the “Buy” button to execute the trade. If the market conditions match your specified price, your order will be processed, and the corresponding amount of WLD will be credited to your wallet.

To make your WLD trade anywhere, anytime with the great trading experience with KoinBX Android and iOS app.