Cryptocurrencies are volatile — incredibly so. Bitcoin was up more than 600% in 2017, while other majors like Ethereum and Ripple clocked in gains of more than 2,900% and 1,000% respectively. The ride up was however not a smooth one. Bitcoin dropped 30% in the space of weeks in September as the Chinese government announced a crackdown on cryptocurrency trading. Ethereum went from $8 in January to $400 by June, before falling below the $200 level in July. It has since staged a powerful comeback to a current all-time high above $900.
The incredibly volatility of cryptocurrencies has put into question their viability as a means of payment vis-à-vis the dollar and other national currencies. With prices making large moves in the space of seconds, it is difficult to know the value of your cryptocurrency holdings and how much you can buy with them at any given moment. For the same reason, retailers have been reluctant to accept cryptocurrencies, having too much difficulty matching fixed sale prices to a form of payment that changes value in real time. If you have a portfolio of different cryptocurrencies, you are likely looking for a way to store them and spend them in the fastest, cheapest and easiest way possible.
What’s the best solution then?
The Amon Card solves all of these issues by offering the world’s first multi-cryptocurrency wallet integrated with an internationally-accepted VISA/Mastercard debit card. With the Amon Card you can convert cryptocurrencies to fiat currencies in real time, exactly when you make a payment. As there is only one transaction to be made, unlike the 3-step conversion process of most crypto cards, you save both in terms of time and fees. In addition, while most crypto cards today only allow conversion from Bitcoin to fiat currencies, with the Amon Card you can also use Ethereum and Litecoin (more cryptocurrencies will be available with upcoming releases).
The Amon Artificial Intelligence System (AAIS) further helps you get the most out of your cryptocurrency portfolio. The AIIS calculates the performance of your cryptocurrency holdings and suggests the most convenient one to convert in real time. This helps better control the fluctuations in the value of your portfolio and optimise your spending decisions. Our 3 types of Amon Card, Silver, Gold, and Platinum, offer 3 different levels of service to satisfy all your needs.
The Amon Card and Wallet have already been successfully pilot tested in November 2017 and are ready to be launched. Our ICO is scheduled for Q1 2018. Sign up now to our exclusive pre-ICO whitelist at
www.Amon.Tech and become part of the Amon Card revolution!
