Getting started with Fabcoin
Using Fabcoin to transact is simple.
1. Learn
Fabcoin is different than the normal applications that you are used to; you are completely in charge. Before using Fabcoin, there are a few things that you need to learn to use it safely and successfully.
2. Set up Your Wallet
You can use a Fabcoin wallet in your everyday life with your mobile lite wallet or you can have a wallet only for online payments on your desktop computer. Either way, setting up a Fabcoin wallet is simple and easy.
3. Get Fabcoin
You can get Fabcoin by trading with friends, mining or accepting it as a payment method for services. You can also buy Fabcoin on an exchange.
4. Spend Fabcoin
Merchants are beginning to accept Fabcoin all over the world. Use Fabcoin to pay them.
1. Learn
Fabcoin does not require service providers to change their habits. However, Fabcoin is different than the payments methods you accept every day. Before using Fabcoin, there are a few things that you need to learn to use it safely and successfully.
2. Processing payments
Currently, you will need to process payments and invoices by yourself. The good news is that transactions happen rapidly on the Fabcoin network. Learn how to begin accepting payments in Fabcoin, create digital contracts with vendors or trade information with partners.
3. Accounting and taxes
Rules around accounting and taxation with Fabcoin in your local jurisdiction will follow current guidelines with other cryptocurrencies. In some cases, Fabcoin works similarly to a foreign currency. For appropriate advice regarding tax compliance for your jurisdiction,contact a qualified accountant.
4. Build Your Market
There are many users searching for ways to spend their fabcoins and use the FAB network. Submit your business or application to the FAB Foundation so we can list it to help them easily find you. You can also display the Fabcoin logo on your website, application or your brick and mortar business. If you are interested in building an application for your business, contact us.