Qoin is a decentralized digital currency empowering individuals and businesses to trade freely, without intermediaries. Designed for everyday use, Qoin is the preferred digital medium of exchange within the peer-to-peer economy.
Qoin is a decentralized digital currency empowering individuals and businesses to trade freely, without intermediaries. Designed for everyday use, Qoin is the preferred digital medium of exchange within the peer-to-peer economy.
The purchasing power of Qoin within the ecosystem of participating users is described as the Indicative Fair-Trade Value. Participating users accept the Indicative Fair-Trade Value in exchange for real goods and services.
The Qoin ecosystem is growing, with over 100,000 digital wallets created.
Qoin launched in Australia in January 2020, enabling peer-to-peer transactions.
More than 36,000 businesses have registered in the Qoin ecosystem since 2019.
With more than 560,000 transactions, Qoin is a reliable digital currency for everyday use.
The Qoin ecosystem is growing, with over 100,000 digital wallets created.
Qoin launched in Australia in January 2020, enabling peer-to-peer transactions.
More than 36,000 businesses have registered in the Qoin ecosystem since 2019.
With more than 560,000 transactions, Qoin is a reliable digital currency for everyday use.
The Qoin ecosystem is growing, with over 100,000 digital wallets created.
As a digital currency used in exchange for everyday goods and services Qoin aims to benefit both merchants and consumers.
The key benefit for businesses who accept Qoin is access to a modern community of buyers who have Qoin to spend towards their next purchase. Businesses then use this Qoin to purchase goods and services or to reward their customers.
The benefit for consumers is to earn Qoin as incentives or rewards from merchants, and to use their Qoin towards their next purchase anywhere in the ecosystem.
Launched in 2020, the Qoin project was founded on the principle of creating a self-sustaining, decentralised trading community. The mission: to establish Qoin as the most widely adopted digital currency for everyday commerce.
Built on the Base Blockchain, ensuring security and trust in every transaction.
Third party wallets in over 100 countries making it accessible worldwide.
Qoin operates on the Base Blockchain, providing sub-second transactions.
Qoin is a digital asset designed to enable everyday transactions across a global network of businesses and consumers. Originally launched on an Enterprise blockchain, Qoin has demonstrated real-world utility as a means of exchange for goods and services. It has now transitioned to a public blockchain environment to enable broader access, greater interoperability, and long-term decentralization. Qoin is governed by the Qoin Foundation, which oversees its compliance, governance, token reserves, and ecosystem development.
You can receive Qoin in a few ways:
Qoin’s value is currently based on an Indicative Fair-Trade Value set by the Qoin Foundation. This helps guide transactions between consumers and merchants as Qoin transitions to a public blockchain and eventually to an orderly open market.
The Indicative Fair-Trade Value is determined using:
For more information, please visit the Indicative Fair-Trade Value of Qoin page within the Resources section.
Qoin is compatible with any wallet that supports the Base blockchain, which includes:
During migration, users will be prompted to create a self-custodial wallet supported by Base. The Opteq Web App also offers enhanced features, including gas fee sponsorship for normal Qoin transactions.
If you use a Base-compatible wallet other than the Opteq Wallet, yes—you will need to pay gas fees (in ETH) typical of Ethereum Layer 2 networks.
However, if you use the Opteq Web App, the Qoin Foundation has arranged a sponsored for normal transactions to be gas-free for a period of at least three years from 30 June 2025. This means users and merchants can send Qoin without paying gas fees when using the Opteq Web App.