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WHAT IS THE KELSEY COIN CRYPTOCURRENCY?

Kelsey Coin is a digital bank with its own currency based on the US dollar set up by millionaire founder Chris Kelsey.

It offers instant payments to anyone via their Facebook email, anywhere in the world, along with no transaction fees as well as full-time support from its founder.

'Our vision is to create a fair global economy,' Mr Kelsey said in a written statement.

'There will always be a total of 1.2 trillion Kelsey Coin and this value will never change. One Kelsey Coin equals $1 (£0.76).

Kelsey Coins are currently only available by contacting Mr Kelsey directly, but his firm plan to build and deploy Kelsey Coin ATMs that let you deposit cash in exchange for Kelsey Coin using your Facebook email. 

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