You wrote. "CREDBA also uses our AltcoinsCard gift card, which we issued in British stores." I would like to understand how this works? C But how can you use for trading cryptocurrency, given its volatility. How often do I have to rewrite the price? How many times a day?
Hi, Thanks for your response.. For us to clarify your point we have updated our original post to explain this.. We hope that this may be of some use.
Thanks!
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>> (6) HOW WE CREATE A STATIC VALUE ON AltcoinsCard Coins FOR SPENDING ON PURCHASES <<
If/when the value of the CREDBA Waves based coin fluctuates due to any potential 3rd party trading.. in order to ensure a static value is maintained on our AltcoinsCard when spending CREDBA in stores offline etc.. CREDBA coin holders simply sell their WAVES based coin at the current market rate and purchase what will be our static value CredbaX of which will be used for card & wallet payments.
As an example; if the CREDBA Waves based coin had a value of $3.40 then a holder can sell this for 340 CredbaX coins. These coins will be loaded onto the offline AltcoinsCard in order for static value spending to be maintained & achieved. Eventually this will be the only way users can obtain CredbaX for card payments.