MoxyOne allows Cryptocurrencies and ICOs to create a Debit card using White Labelling

MoxyOne is an Australia based platform which provides ICO and other cryptocurrencies with a seamless payment infrastructure. The cryptocurrencies have become very popular, but there is no support which allows the users to utilise their tokens or cryptocurrencies with ease. With this infrastructure, MoxyOne wants to help the users to use cryptocurrencies just like FIAT and wants to help the ICOs and other cryptocurrencies with a financial system.

One of the solutions which MoxyOne has brought in is a usage of a debit card. Using the MoxyOne’s infrastructure other ICOs or token creators can provide a debit card to their holders. However, the companies which plan to use the infrastructure will have to partner with MoxyOne and white label its wallet system. Let’s look into the features to know more about it.

Debit Card

You can use the Debit card just like the other debit cards. To use it one will need to install a wallet app and set the default coin which you would want to be used for transactions. Once you’ve selected the currency, the coin chosen shall get deducted on the purchase of coins or withdrawal for FIAT. You can use this debit card at ATMs all over the world.

MoxyAI

The Wallet app comes with a setting called MoxyAI; it helps you with suggesting the best coin to be used for transaction based on past prices. So say, if you plan to transact using a currency which has fallen, it’ll suggest you a coin which has increased. That way you’ll be able to get the best value in FIAT.

Multiple Token Support

The MoxyOne platform doesn’t just support a single coin. You can use multiple currencies on it; For an instance, you can store your Ethereum and other backed currencies on the wallet. This way you don’t have to maintain accounts on different sites. However, if a coin which you want isn’t supported by MoxyOne, you’ll need to use a different platform.

SPEND Tokens

The SPEND tokens are the backbone of the entire infrastructure. Every transaction you perform using MoxyOne would require SPEND tokens in one or other way. For instance, if you have ETH in your wallet and want to withdraw it using the debit card. The system would first convert ETH to SPEND, then SPEND to FIAT. The increase in the usage of SPEND tokens would lead to a rise in the demand and could lead to rise in the value of the token.

Instant FIAT

Converting a cryptocurrency into FIAT could never be as fast as MoxyOne. One can simply hit the nearby ATM and get his cryptocurrency or token converted into the FIAT of his own choice. Or could use the debit card to purchase products/services from favourite sites.

Blockchain Solutions

MoxyOne is in talks with Raiden Network and Gladius to ensure quick and secure transactions. Both the companies mentioned are one of the most known names in the field of token transfers.

Multiple Exchanges

The MoxyOne team is in talks with a lot of exchanges. So there are chances that you will be able to see the token on one of your favourite exchanges. However, there’s no update on the exchanges which will be having it first. One can only say that after the pre-sale comes to an end.

The team at MoxyOne has strategized the sale in a such a way that there’ll not be a single token left. But if they fail to gain 4,000 ETH, they’ll refund the money. Also, if you’ll need to go through a KYC process if you plan to invest your money into the ICO. After signing up, you’ll get a referral link which you can share with your friends to earn some free coins. For more information visit https://moxy.one