WorldCoin, a decentralized system supported by the WorldCoin Foundation and Tools for Humanity, has introduced a new payment mechanism to enhance accessibility and security of financial transactions globally. The protocol aims to change the way individuals transfer, receive, and hold digital assets, stablecoins, and traditional currencies, with the user community responsible for oversight and decision-making. WorldCoin's protocol includes World ID, WorldCoin Token, and World App, and can be purchased on exchanges like BitGet, XT.COM, and Poloniex using various payment methods. Users can sign up for World ID through the World App and receive free WDC tokens after verifying their uniqueness at an Orb. Safe storage of digital currency can be achieved through a crypto exchange or broker, or through a crypto wallet with varying degrees of protection. P2P trading platforms and third-party payment services can also be used for direct transactions and money transfers.
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