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TRON has released more information about its recently announced cryptocurrency card, stating its preorder date, cost, and other relevant details.
According to TRON the preorder date for the new Grid X BitTorrent Crypto Card will be on February 198, 2019 at 8 PM UTC.
Loading Amounts
TRON also released dates about the loading amounts, stating that it will allow customers to load funds into their prepaid cards in three amounts, which include 15,000, 50,000, and 100,000.
Customers who will use the Grid X crypto card will enjoy various rewards from TRON, which will include monthly airdrops of BTT.
Because of its single-use design, the card will not be loaded with TRX after purchase. However, the monthly airdrops will be based on the amount of BTT one receives, and the spent TRX, without the card owner increasing their amount of the token. In simple words, the amount of the coin in the card will increase over time, but one will not be able to reload their card.
If a card owner doesn’t spend any funds, this won’t limit their ability to earn rewards. The rewards will continue to grow, which means that it could be used as a great cold storage wallet for investing instead of using it to spend BTT and TRX, like other crypto cards.
TRON Crypto Cards
TRON currently has two crypto cards, both of which use the Tron Network. TronCard, the first card, was built as a tangible TRX wallet, allowing owners to hold both TRX and TRC10 tokens – tokenized assets for dApps built on the TRX network.
Both the Grid and the TronCard can be used at outlets using Clover POS systems thanks to the new Poppy update.
Right Move for Cryptocurrency Adoption?
The introduction of the GRID crypto card by TRON is certainly some great news for the cryptocurrency community. While the design of the card may limit the ability for integration or TRX into the society, it does go an extra step towards the possibility of a surge in the adoption of crypto.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.