cPen Network is a mining platform where you can access and mine the $pen tokens every day. This platform provides a unique way where its users can accumulate their native token known as $PEN. So, in this cPen Network review, we’ll learn more about this platform, how it works, and extend to know if the cPen Network mining platform is Legit or a Scam.
The mining activities on the cPen network started some months ago and have attracted a lot of members to the platform who are currently mining and accumulating the cPen tokens. Although, the cPen mining app is still in its development process which means not many things that can be done on the app apart from mining.
In this article, we will carefully explain and unveil everything you need to know about the cPen Network mining platform, how to mine $PEN tokens daily and other vital updates about the cPen Network Mining. So make sure you patiently read this article till the end.
Table of Contents
About cPen Network (cPen.io Review)
cPen Network (cPen.io) is a crypto-mining app allowing users to mine $PEN tokens daily. This platform is similar to most mining applications you might have encountered. It is still in its development process which means more features will be added as time goes on.
According to the platform, “cPen Network is striving to become a sustainable future for blockchain, bridges the gap between blockchain and real-world applications, a community of like-minded individuals who are passionate about the future of blockchain technology and its potential to change the world”.
cPen Network is basically giving out free $Pen Tokens. Most crypto enthusiasts will love to embrace this kind of app because they can get free tokens by mining them rather than paying huge amounts of money to purchase them. So, when they get opportunities like this, they grab them with both hands.
cPen.io tokens can only be accessible through their mobile app, where users can mine the cPen tokens more conveniently than ever. This means you can only mine cPen tokens by downloading the cPen network on Google Play Store, App Store or your download it directly from their official website.
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How Does cPen Network Work?
cPen Network is a crypto mining platform that allows its miners to mine free cPen tokens on the platform. This platform is accessible to everyone who wishes to participate in the token mining anytime, any day. But you need to download the mobile app to gain access to mine the cPen Tokens. You can use my referral code.
Once you’ve successfully registered on the platform, you’ll be redirected to the dashboard where you can start mining the $PEN every day. As a newly registered user on this platform, you’ll be mining at a very low mining rate but you can boost your rate by referring new members to join the app through your referral link.
To secure your $PEN tokens, you need to complete KYC (Know Your Customer) on this platform. To complete your KYC on cPen platform, you have to mine actively on the app for 5 days to qualify for the cPen Network KYC. The KYC is very important because without completing the KYC, you won’t be eligible for the cPEN airdrop allocation once it has been listed.
So, it will be safer to complete everything required of this platform to secure your airdrop so that once this airdrop is listed, you’ll be eligible for the airdrop allocation and withdrawal. And make sure you join early to be among the early adopters to maximize your airdrop allocation.
cPen Network Registration/Signup
To get started on cPen Network, you need to download their mobile app from either Google Play Store or App Store and register an account. During the registration, you’ll be asked to provide your details and a referral code – use this code (smilehopego) as the referral code and submit.
Once you’ve successfully registered on the app, you’ll be redirected to the dashboard where you can start mining the $PEN token. As a new user, your mining rate will be very low but you can boost it by referring new persons to join the platform.
How to complete cPen Network KYC and Requirement
cPen has provided the option where users can now complete their Know Your Customer (KYC) on cPen. The consequence of not completing your KYC is that the coins mined by Coins mined by un-KYCed users won’t count toward the total supply and will be forfeited and Coins earned from un-KYCed referrals will be removed from your total balance.
cPen KYC Requirements:
To be eligible for the cPen KYC, here are the criteria:
- Make sure you use the latest version of cPen mobile app.
- You need to maintain at least 5 days of mining.
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cPen Tokens Total Supply:
- Verified Coins (per user) = Total Coins Earned – Coins from Un-KYCed Referrals
- Total Verified Coins = Sum of All Users’ Verified Coins
- Total Supply = Total Verified Coins ÷ 0.6
cPen Token Distribution:
- An upcoming app update will allow you to submit your BSC wallet address.
- KYCed users’ tokens will be sent automatically, gas-free.
Note that a 3% processing fee will apply.
cPen TGE and Listing Date
cPen announced that the Token Generation Event (TGE) and Listing of $PEN tokens will take place in Q1 2025 which is the first quarter of 2025 according to the information posted on their cStory (a section of the cPen app where the latest information is posted to keep their community updated).
So, let’s expect the listing of $PEN tokens on top-tier exchange around March 2025. Just make sure you stay ahead of the game by mining as many tokens as you can before the Listing date is officially announced.
cPen Network Pros and Cons
Here are the Pros and Cons you need to check out on cPen Network before diving into the project;
cPen Network Pros
- Legit Mining Platform
- Transparency in its activities
- Free mining project
cPen Network Cons
- Too many adverts on their platform
- Strict KYC requirement
Is cPen Network Legit or Scam?
cPen is a legitimate crypto mining project even though the project is still in its development process but with my analysis on this project so far and its transparency, cPen network is legit. The project still have a long way to go because according to their announcement, there will be more advancement on the app. So, let’s keep our fingers crossed.
However, this mining of $PEN tokens doesn’t require you to spend money to purchase mining powers or any other services that involve money. So, I’ll advise everyone to join cPen network and start mining the $PEN tokens.