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.
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.