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View ChartPakcoin (PAK) is a cryptocurrency and decentralized peer-to-peer payment network introduced in 2015 and headquartered in Rawalpindi, Pakistan. CoinMarketCap lists it on 2015-09-15, while Coinbase's description states a June 2015 launch. The project's positioning tagline is "Pakistan's First Cryptocurrency (POS)", and it is branded as "the Digital Currency for Pakistani People." It is designed to facilitate instant, low-cost payments across the globe. The project states that anyone is welcome regardless of nationality if they have an interest in Pakcoin. Technically, Pakcoin is based on the Litecoin scrypt hash algorithm and operates as a mineable coin with no premine. Per CoinMarketCap's Chinese-language page, the coin launched with PoW Scrypt and switched to Proof-of-Stake in January 2019, which explains why older sources still tag it as PoW. In terms of supply, the maximum supply is consistently reported as 182,000,000 PAK. Circulating supply is reported inconsistently: one source states approximately 85.67 million PAK (about 99% of total supply), while the official description states 0 in circulation. The project's current stage is a subject of caution: Tracxn lists Pakcoin as a deadpooled company (company profile last updated September 30, 2026). Per an official notice, YoBit is currently trading an old chain of PAK, and users should refer to the project's announcement before transacting.
Pakcoin was founded in 2015 by an individual using the alias "Abu Shaheer," who is listed as the founder and key team member of the project. In May 2018, Asia Times reported on a Pakistani central bank notice affecting crypto, and the founder believed the notice worked in the currency's favor. Tracxn lists Abu Shaheer as the founder of Pakcoin. Beyond this, detailed public information about the broader core team, advisors, or organizational structure is currently limited. According to Tracxn, Pakcoin has not raised any funding rounds and has made no investments or acquisitions.
Pakcoin operates as a cryptocurrency and decentralized peer-to-peer payment network built on the Litecoin scrypt hash algorithm. Pakcoin launched with PoW Scrypt mining and, per CoinMarketCap's Chinese-language page, switched to Proof-of-Stake in January 2019; under PoS, block rewards come from staking rather than hash power. Older sources that tag it as PoW reflect the pre-2019 design. The network is supported by app-based wallets and paper wallets. The first stable release of Pakcoin Wallets for Linux and Windows was announced after thorough testing on different systems, with a Mac wallet stated to be released soon. The project focuses on innovative software to make fast, safe and cheap transactions. Its Pakcoin E-Wallet is a web-based wallet that provides instant access to digital assets with complete control over holdings. It features bank-level security, encrypted storage, two-factor authentication, transaction verification, automatic session protection, comprehensive activity monitoring, and QR code payment functionality that allows merchants to accept Pakcoins by displaying their wallet QR code.
Pakcoin positions itself as "Pakistan's First Cryptocurrency (POS)" and "the Digital Currency for Pakistani People," with an explicit open-door message that anyone is welcome regardless of nationality if they have an interest in Pakcoin. Its value proposition centers on facilitating instant, low-cost payments globally while serving the Pakistani market through localized services. The project's ecosystem includes the Pakcoin E-Wallet, which offers instant access to digital assets with complete control over holdings. Its QR code payment system is designed to eliminate manual entry of wallet addresses and reduce transaction errors. At the same time, prospective users should weigh these features against reported risks, including Tracxn's classification of the company as deadpooled and the official notice that YoBit is currently trading an old chain of PAK.
Pakcoin is used primarily as a medium of exchange for fast, low-cost payments within its network and across the globe. Its core utility includes sending and receiving PAK through app-based wallets, paper wallets, and the web-based Pakcoin E-Wallet. Pakcoin launched a merchants payment system on June 10, 2018, letting merchants convert all or some of the pakcoins received in a transaction to PKR. The Pakcoin E-Wallet's QR code payment functionality allows merchants to accept Pakcoins by displaying their wallet QR code. Customers can pay instantly by scanning it with a built-in camera scanner, eliminating manual entry of wallet addresses and reducing transaction errors.
The Pakcoin ecosystem has centered on its E-Wallet platform and QR code payment functionality. The Pakcoin E-Wallet is described as a web-based wallet for secure digital asset management, allowing users to store, send, and receive Pakcoins with bank-level security, encrypted storage, and two-factor authentication. Development milestones include the first stable release of Pakcoin Wallets for Linux and Windows after thorough testing on different systems, with a Mac wallet stated to be released soon. However, the ecosystem has faced significant setbacks in recent years. Per an official notice, YoBit is currently trading an old chain of PAK, and users should refer to the project's announcement before transacting. Tracxn lists Pakcoin as a deadpooled company based in Rawalpindi, Pakistan, last updated September 30, 2026. In May 2018, Asia Times reported on a Pakistani central bank notice affecting crypto, and the founder believed the notice worked in the currency's favor.
Pakcoin launched with PoW Scrypt mining and, per CoinMarketCap's Chinese-language page, switched to Proof-of-Stake in January 2019; under PoS, block rewards come from staking rather than hash power. Older sources that tag it as PoW reflect the pre-2019 design. Given the reported operational status of the project, including Tracxn listing the company as deadpooled as of September 30, 2026, prospective miners should carefully verify the current state of the network, mining software availability, and block reward schedule before committing resources.
Pakcoin offers app-based wallets and paper wallets, as well as the web-based Pakcoin E-Wallet. The project describes the E-Wallet as offering bank-level security, encrypted storage, and two-factor authentication; these are the project's own descriptions and no independent audit is cited in the available sources. The E-Wallet also includes transaction verification, automatic session protection, and comprehensive activity monitoring. To keep PAK safe, users should enable two-factor authentication, use strong and unique passwords, verify transaction details before confirming, and monitor account activity regularly. Paper wallets can be used for long-term cold storage, provided the private keys are kept offline and secure. Per an official notice, YoBit is currently trading an old chain of PAK, and users should refer to the project's announcement before transacting. Holders should exercise heightened caution, verify the current status of any wallet or service before use, and consider the reported risks when deciding how to store their assets.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for PAK are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Pakcoin (PAK) is $0.002271. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated PAK to USD rate at the top of BTCC’s price page. In terms of market scope, Pakcoin records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $209.494948K. Its current circulating supply stands at -- out of a maximum supply cap of 182M.
The price volatility of Pakcoin (PAK) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (182M), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Pakcoin (PAK) hit an all-time high (ATH) of $0.061334 on 2018-01-11 12:20, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.000002336839997950.052336 on 2015-09-25 03:35. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading PAK futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s PAKUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Pakcoin, simply log into your BTCC account with USDT margin available, navigate to the PAKUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for PAKUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.002271), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for PAKUSDT with zero financial risk.
Trading Pakcoin (PAK) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for PAKUSDT, and review its live price ($0.002271) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
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