During the early development of the Ivykoin project, there were a number of important objects at play then. The total cryptocurrency market was valued at over $700 billion USD, volatility and anonymity were still very important hot subjects of controversy between mainstream financial applications such as traditional banking and cryptocurrency markets.
Ivykoin investment became an important research into developing a blockchain project that will provide a know your transaction (KYT) and know your customer (KYC) support for financial institutions. This feature inclusive in the blockchain platform will allow token holders the ability to de-anonymize their transaction data and provide necessary transparent features to financial institutions.
Digging deeper into Ivykoin analysis, it can be observed that very few projects actually consider building bridges between centralized and decentralized ecosystem despite their useful disruption tool at hand – the blockchain. However, this project is somewhat a step in the direction of mending the ideology cracks of what freedom of transactions and customer privacy entails.
On their website, the coin appears to be listed on 4 exchanges with trading pairs to ETH, BTC, LTC, and DOGE. Trading volumes across all exchanges and trading pairs combined are within the 5-figure range.
To buy IVY using a credit card, you would need to go through a two-step process which involves buying one of the mention crypto pairs above and then using it to buy the asset from the exchange of choice. It is important to note here that trading volume is a good tell for liquidity and should be considered if doing an instantaneous transaction.
As for the storage of the asset, the coin is an Ethereum ERC-20 based token, therefore, all Ethereum wallets with support capabilities can store the coin. This includes myetherwallet, metamask, and any of the hardware wallets such as Ledger Nano S.