How to pay with maxcoins?

Maxcoin frequently asked questions.
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Meconomy153
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Joined: Sun Oct 12, 2014 2:00 pm

How to pay with maxcoins?

Post by Meconomy153 » Fri Jan 02, 2015 8:25 pm

Paying with maxcoins is as easy as sending an email! The only thing you need to pay with the currency is the maxcoinaddress of the recipient. And you should of course be the proud owner of maxcoins and a maxcoinaddress.

You will have to fill in the maxcoinaddress of the recipient and the amount of maxcoins you want to transfer. Then click on the send bottom, and your payment has been made. Easy as that!

Sending maxcoins is an irreversible process, once sent the maxcoins are no longer in your possession. If you transferred them to the wrong address, there is no way to undo this. Maxcoins can only be spent one time by the owner. Once spend, they are gone. This is important for the reliability of the currency.

To make sure that no one else can transfer your maxcoins it is important that you are the only one who knows your private key. Never share your private key.

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