What is civic coin used for?

BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services tailored to meet the diverse needs of its users. Among its offerings, BTCC provides spot trading, allowing users to buy and sell cryptocurrencies at current market prices.

Civic (CVC) is a revolutionary Ethereum-based token that serves as the backbone of Civic's innovative identity verification protocol. This cutting-edge technology aims to streamline and secure the process of identity verification for individuals across various online platforms.

Additionally, BTCC also offers futures trading, enabling users to speculate on the future price movements of cryptocurrencies. This feature provides traders with advanced tools to hedge risks and capitalize on market opportunities.

By utilizing Civic's protocol, users can verify their personal information once and securely store it on the blockchain. This eliminates the need for repetitive identity verification processes, enhancing both convenience and security for users.

Once verified, users can then choose to share their information and verification status with trusted service providers. This seamless process ensures that users maintain control over their data while enabling seamless access to services that require identity verification.