How to use your new The GCC coin wallet

THE COMPLETE GUIDE

The following guide will explain to you how to download the new upgraded officialThe GCC coin wallet, install it on your device, and use it safely. We prepared it specifically for new users and everyone interested in making investments in The GCC coin cryptocurrency. This step-by-step instruction will present to you what TheGCCcoin wallet is, how to use it, and will guide you through some of its most important functionalities.

AboutThe GCC coin

How todownload your wallet?

SAFE AND PROFITABLE

FAST AND EASY INSTALLATION

TheGCCcoin is a scrypt-based coin. It is a fast, safe, and reliable coin with a great prospect for future growth with transaction speed of only 60 seconds. It was initially released as a proof of work coin. TheGCCcoin transformed into a proof of stake type of currency and through the in-built functionalities (minting interests, decreasing every year) this transition allowed the investors to make profit on it – during the first year, it could provide them with as much as 20% interest using their own coins. In conomy, this process is called staking. Adding to the green profile of TheGCCcoin, staking reduces energy consumed by miners and can secure public ledger in place of the miners normally observing the transactions. The same process can be performed by the investors, as their wallets can take part in the staking process. This does not require additional computing power that is dedicated to mining.

Remember that you must download the new wallet to a device where your old wallet is located. This will allow your coins to migrate from the old to the new wallet.You can find the download link to TheGCCcoin wallet on our official website. It is available for Windows and Mac OS X. Remember to take all necessary safety precautions for your online activities and make sure that your firewall allows downloading. You may be required to disable it in order to download.Go to www.The GCC coin.com, click on Download and scroll down to choose the appropriate version of the new wallet.

After your wallet has been downloaded, you can start using it. Unpack the archive file and simply run TheGCCcoin-Qt file in the main folder. You might notice that your wallet is out of sync. The synchronizing process can take several hours before the wallet becomes fully operational, but you can already start configuring it. It is advisable that you encrypt your wallet once it has been downloaded. To do this, select Settings option at the top-right of the screen and choose Encrypt wallet.

It is highly advisable to choose a unique password and make a hard copy of it and store it in a safe place. It will be impossible for you to access your wallet if you forget the password. Write down the password in the upper bracket and repeat it in the one below.

Having chosen the password, confirm wallet encryption.

How toback up your wallet?

PROTECT YOUR FUNDS

Your wallet stores the history of all transactions, so it is important to make a backup copy of it. In order to do that, close your TheGCCcoin wallet and head to wallet.dat file, then copy it. You might need to make the folder that contains the file visible, because it is hidden by default. Go to Control Panel, select Folder Options, View tab, and check Show hidden files, folders, or drivers, to make it visible.Click OK and you will now be able to open the Roaming folder, where the wallet’s backup file is stored.

Windows:Press Windows key + R to open command line and type “%appdata%” in the bracket, then press enter or click OK button.C:\Users\YourUserName\Appdata\Roaming\TheGCC

Mac OS X:~/Library/Application Support/TheGCC/You can also back your wallet up by using the in-built Backup wallet option under File directory. The program will enable you to name the file and choose the backup folder. Make sure that you keep your backup files in a safe place, possibly in an encrypted folder on a mass storage device. Prepare multiple copies of such folders to avoid any risk of losing the files.

How tostake

MINE WITH YOUR OWN COINS

In order to open your wallet for staking in a way that it remains encrypted, double-click on Lock icon at the bottom of the screen. A new window will appear, make sure that “For staking only” box is checked, then provide your password to open your wallet for staking. The Lock icon will now change from “closed” to “open”.

Sendingcoins

IN A BLINK OF AN EYE

If you want to send coins from your TheGCCcoin wallet, all you need to have is the address of the recipient. You will also need to provide the password each time you send coins if your wallet is encrypted. Pay To: Type in the TheGCCcoin wallet’s address of the recipient. The addresses that you send your coins to are saved in your address book.Label: This is where you write the name of the recipient.Amount: Enter the amount of coins you want to send. While entering the recipient’s address, it is advisable that you copy it and paste into the PAY TO bracket, so that spelling mistakes are avoided.After you have provided all the required information, click on SEND TheGCCcoin.

Keeping your wallet safe is one of the things you should always remember to take care of, so it’s better if you only open your wallet for staking, and leave it encrypted for sending. Coins received from staking require 40 confirmations by miners and other stakers. The bigger the amount of coins in your wallet, the bigger a chance for you to stake. If you only have several hundred coins, the process will last much longer.

Now you will need to confirm the transaction (the data below is only exemplary).

Provide your password in order to send the coins and click OK.

Each transaction is send for a fee of 0.000001 GCC. Fees help support the network and process transactions.

Windows users will see a confirmation pop-up with the Type, Date, Address, and the Amount of TheGCCcoins sent.

Receivingcoins

GET COINS FROM ANYONE

In order to receive your coins, you will have to acquire your TheGCCcoin wallet Receive address. Receiving coins is just as simple as sending them. Provide the address (copy and paste it) to the person or entity who is going to send you coins. Each time you are about to receive the coins, you can generate a new Receive address. Click on New Address and label it in a way that will help you remember the transaction. If you are receiving coins you bought in an exchange market, the process will look exactly the same.

Once you have received coins, you will be notified about it. If a transaction was not confirmed, it will appear on your wallet anyway. The red bracket in the picture below indicates the area where you will see the amount of Unconfirmed and Spendable GCCs

Unconfirmed status means that the transaction is being processed in the blockchain. Normally, every transaction has to be confirmed 4 times by miners and stakers, but even one confirmation received enables you to send the coins. Then, they become Spendable. You can check the status of each transaction by double-clicking on it under the Transaction option in the left menu.

Is there anything that can help you monitor TheGCCcoin rate on your mobile device?

Actually, there is. We prepared our own GCC Ticker, a mobile application for Android that will help you monitor the current rate of TheGCCcoin on Novaexchange market. It is free, fast (updates every 60 seconds), and intuitive, enabling you to check the price for Euro, Dollar, and Bitcoin. As soon as TheGGCcoin is accepted in other markets, we will update the app. It will also become available on iOS. Blockfolio users can check the rate of TheGCCcoin too. You can download GCC Ticker for Android here: https://goo.gl/4KqdCw

Needassistance?

WE’RE HAPPY TO HELP

Contact our support on support@thegccgroup.comYou might also want to use the following links:Our website and download link to the new wallet: www.TheGCCcoin.comInstructional video on wallet installation: https://goo.gl/nd8nC1