TokenCard (TKN)

Market Cap

$22,727,844 USD

Volume (24h)

$33,323 USD

3.2

SAFETY

Ranking factors:

Markets

How many exchanges are there to trade this coin?

TokenCard Markets Rank: 4/100
Volume Ratio

How actively is this asset being traded on the market?

TokenCard Volume Ratio Rank: 1/100
Market Cap

The total cost of all coins available.

TokenCard Market Cap Rank: 94/100
24h Change

Is the price moving up or down?

TokenCard 24h Change Rank: 43/100
Social Following

How many users are following this coin?

TokenCard Social Following Rank: 71/100
Google Trends

How many users are searching for the coin?

TokenCard Google Trends Rank: 1/100
Twitter Citation

How many users are talking about this coin in Twitter?

TokenCard Twitter Citation Rank: 8/100
User Voting

How popular is this coin among Cointobuy community?

TokenCard User Voting Rank: 89/100

Tokencard investment analysis

Cryptocurrency is rapidly gaining recognition as a legal tender outside of the crypto-world. Though there are still many skepticisms surrounding its validity and has greatly affected its reception by vendors and traders, however, the future holds a promise for the wide acceptability of these currencies.

Tokencard investment provides a platform where trading and transactions can be made possible using either cryptocurrency or fiat currency all with a single payment card.

With just a swipe of a debit-like card, a user’s digital assets portfolio can be accessed and used to execute transactions and purchases made as applicable on any VISA or MasterCard. It also comes with a mobile app that allows easy management of your assets and a storage wallet that is ERC-20 compliant which stores other tokens. Token conversions can occur within the app and cryptocurrency used or exchanged for fiat based on the current exchange value. All of these will occur with the highest security of the digital assets.

$0.771859

+18.1%

$0.911541

438/2032

by Safety

1827/2032

by Profit

How to buy Tokencard?

As they cannot be directly bought using fiat currencies yet (as at the time of writing), to buy TokenCard (TKN), one would be required to buy any of the other trade pairs from an exchange that accepts the trade in fiat, which can then be exchanged for the asset.

The token is currently listed on about five exchanges with only a few being popular due to their 24-hour trading volume, and its current trading volumes are quite low. It is paired with ETH, BTC, USDT, and BNT with ETH having the highest 24-hour trading volume.

For storage, any ERC-20 compatible wallet can be used with the easiest and most convenient option being myetherwallet (MEW). Storage can also be done through a hardware wallet, such as Ledger Nano or Trezor. Whichever storage option one decides to use depends on preference and discretion.

ETH

ELA

SALT

NEXO

CEL

SKY

ELA

QTUM

ICX

LEND

MIOTA

ITC

IOTX

ELA

CPC

MAN

EXC

MLN

ONT

RVN

GTM

POLY

BURST

ONION

XLR

ARDR

PAY

AION

SALT

GTO

The accolade of being a smart contract based debit card places it on a high pedestal with traditional debit systems.

With the blockchain system constantly evolving, there is growing concern for the safety of one’s digital assets. To invest in TKN is a step in the direction towards a future free of cyber threats. In case of loss of the Tokencard, the user has the option of freezing his Tokenwallet from the App thereby ensuring the protection of his assets.

Several TokenCard analysis provides highpoints of investing in this platform is its ease of use, convenience, and easy accessibility. A number of different ERC-20 compatible tokens can be stored and managed on the Tokenwallet and token conversions within the app made possible without the hassle of going through an exchange.

The network also provides the option of regulating spending by placing a daily spending limit that cannot be exceeded. The card provides an avenue for payments and purchases that are not only online-based and together with the app, lets the user have control over their digital assets by the use of a fully user-configured smart contract.

The project is being developed by a team of knowledgeable experts working together to ensure the efficient functioning and running of the system, and together have already achieved some major milestones in the project. They recently released an alpha version of the App to a few members of their social community and are receiving feedbacks with an aim to opening it up to the larger community.

And as far as the legitimacy and authenticity of the project are concerned, the project is making headway to launch the application with full functionality.

Running an incentivized system, Tokencard collects a 1% transaction fee for transactions done whenever the card is swiped. This fee collects to a TKN smart-contract asset which is owned by the user and can be used up or 'burned' anytime. Burning the asset causes the value of TKN to rise as this burned assets are not recoverable.

Their social community has a whopping 19,000 community supporters on Twitter, over 1k members on their Telegram channel and a growing number of subscribers on their Reddit and Medium pages.

The project shows great promise for a future free of threats, and the benefits to be accrued from its full functionality is one to look forward to. The team recently made the Business Insider UK list of top 35 Fintech entrepreneurs, engineers, and marketers, with it being the only Ethereum on the list.

This article should not be treated as investment advice, rather, investors should have an in-depth understanding and foreknowledge thorough research of any project they are looking to invest in.

Leave your comment

Comments (0)

In order to leave a comment
please enter the website

Login

Sign Up

Reset Password

Remind Username