[ANN]Constant Stable Coin MVP Launch: A more useful money

[timnguyen89]

I think everything is clear now. The only thing I do not see the differences in the functioning of the same coin, which works as a replacement for the dollar. Such a coin is called USDT on many exchanges. If so, that is good.

A big difference between Constant and USDT is that we regularly publish independent audits of our USD reserves. You can also see how many Constant have been created on our smart contract. Being able to do both of these things means you can always check we're matching Constant to USD.

[alexmingdr]

hello. Is getting free 5 coins still available? To get free coins i need to pass the KYC verify?

[timnguyen89]

Hi team. Seems like your stablecoin is quite similar to tusd.
Thanks for your giveaways. How can I convert it to USD in my bank account?

Hi Dinhluc,

Great question. There are two ways to do this:

1. Convert your Constant to USD over our network. You can do this really easy on our website. You'll need to have verified your identity though, as the USD comes straight from Prime Trust, the regulated US trust company looking after our USD reserve. Once you've verified your identity, follow the steps on our site and you'll receive your USD (or local currency if you don't have a US bank account) as soon as your bank processes the transfer – usually a day or two, but maybe longer for some countries.

2. Sell your Constant for USD (or local currency) to a local buyer. The buyer sends USD or an equivalent local currency to your bank account, and our smart contract transfers your Constant to their account. Again, you can do this through our website.

Let me know if you have any other questions.

[timnguyen89]

Hi team. Seems like your stablecoin is quite similar to tusd.
Thanks for your giveaways. How can I convert it to USD in my bank account?

You can sell it on crex24 for bitcoins


Btw. Question for the team....when you are gonna make discord channel? We need one

Hey Kid_diK,

We already have one – https://t.me/constant_money

Come join the discussion

[Kid_diK]

Hi team. Seems like your stablecoin is quite similar to tusd.
Thanks for your giveaways. How can I convert it to USD in my bank account?

You can sell it on crex24 for bitcoins


Btw. Question for the team....when you are gonna make discord channel? We need one

Hey Kid_diK,

We already have one – https://t.me/constant_money

Come join the discussion

Joined telegram, however most of us prefer Discord

[timnguyen89]

hello. Is getting free 5 coins still available? To get free coins i need to pass the KYC verify?

Hi alexmingdr,

I'm afraid the 200 codes have already been used. While we didn't ask for KYC, we did ask for email verification.

But please do give Constant a try. If you want to secure value in the long term with the backing of the world's most stable cryptocurrency, or if you'd like to move money or value across the world without bank fees and delays, Constant is perfect. Try it!

[timnguyen89]

Hi team. Seems like your stablecoin is quite similar to tusd.
Thanks for your giveaways. How can I convert it to USD in my bank account?

You can sell it on crex24 for bitcoins


Btw. Question for the team....when you are gonna make discord channel? We need one

Hey Kid_diK,

We already have one – https://t.me/constant_money

Come join the discussion

Joined telegram, however most of us prefer Discord

Sorry, Kid_diK, for some reason I thought you meant Telegram! Yes, I've used Discord before and it's a cool app, however I like how secure and private Telegram is. Great to have you in our channel!

[kevin52]

I saw your project listed on three exchanges.
That great news. Good luck for your project.

Thank you very much – we look forward to announcing more news soon.

Stable Coin look like a good idea these days. The market is full of tokens and somewhere - scam coins. Yes I really need something stable.
Can you let me know how fast is it when I want to convert my constant token to USD and is there any fee? Thanks

Hi kevin52, great question. The answer depends on a few things, such as KYC, where you're based, and how quickly your bank can process payments. Assuming we've verified your identity (the KYC bit), the conversion takes place instantly and Prime Trust – the trust company looking after our USD reserves – sends the USD to your bank account. Since banks are typically slow, it might be a day or two to receive the USD (possibly longer if you bank outside of the US).

The fee to convert Constant to USD through our network is 0.5%, which reduces to 0.25% if you're a student or faculty member with a .edu email address. Fees start from as little $1 (200 Constant) for US bank account holders, and $35 (7,000 Constant) for international customers. You can also sell Constant to a local buyer for free. You can read more about our pricing on https://constant.money/static/pricing.

Let me know if you have any more questions  

Thanks for the answer. I can see the owner took care of this topic quite good. Its a positive signal for holders and investors like me. I through tons to some bad tokens last year and I really need something trustworthy to keep my hard working money save in this crypto. I hope you can share more team/real people activities to the community to earn my trust.

Thanks alot for making a new choice for me

[Kid_diK]

You should enable more than 200 codes though, as many people havent had a chance to claim signup bonus. Very good incentive though

[Dinhluc]

Hi team. Seems like your stablecoin is quite similar to tusd.
Thanks for your giveaways. How can I convert it to USD in my bank account?

You can sell it on crex24 for bitcoins

Thanks for your suggestion man. Will do.

[Dinhluc]

Hi team. Seems like your stablecoin is quite similar to tusd.
Thanks for your giveaways. How can I convert it to USD in my bank account?

Hi Dinhluc,

Great question. There are two ways to do this:

1. Convert your Constant to USD over our network. You can do this really easy on our website. You'll need to have verified your identity though, as the USD comes straight from Prime Trust, the regulated US trust company looking after our USD reserve. Once you've verified your identity, follow the steps on our site and you'll receive your USD (or local currency if you don't have a US bank account) as soon as your bank processes the transfer – usually a day or two, but maybe longer for some countries.

2. Sell your Constant for USD (or local currency) to a local buyer. The buyer sends USD or an equivalent local currency to your bank account, and our smart contract transfers your Constant to their account. Again, you can do this through our website.

Let me know if you have any other questions.

Thanks a lot, Tim! Sounds easy enough to do, I've already sent it to P2PB2B though =)) Hope I can get some luck there. Good luck guys

[timnguyen89]

I saw your project listed on three exchanges.
That great news. Good luck for your project.

Thank you very much – we look forward to announcing more news soon.

Stable Coin look like a good idea these days. The market is full of tokens and somewhere - scam coins. Yes I really need something stable.
Can you let me know how fast is it when I want to convert my constant token to USD and is there any fee? Thanks

Hi kevin52, great question. The answer depends on a few things, such as KYC, where you're based, and how quickly your bank can process payments. Assuming we've verified your identity (the KYC bit), the conversion takes place instantly and Prime Trust – the trust company looking after our USD reserves – sends the USD to your bank account. Since banks are typically slow, it might be a day or two to receive the USD (possibly longer if you bank outside of the US).

The fee to convert Constant to USD through our network is 0.5%, which reduces to 0.25% if you're a student or faculty member with a .edu email address. Fees start from as little $1 (200 Constant) for US bank account holders, and $35 (7,000 Constant) for international customers. You can also sell Constant to a local buyer for free. You can read more about our pricing on https://constant.money/static/pricing.

Let me know if you have any more questions  

Thanks for the answer. I can see the owner took care of this topic quite good. Its a positive signal for holders and investors like me. I through tons to some bad tokens last year and I really need something trustworthy to keep my hard working money save in this crypto. I hope you can share more team/real people activities to the community to earn my trust.

Thanks alot for making a new choice for me

No problem, kevin52. If you'd like to read more about us, we've already published several blogs on Medium. You can read a post from our lead developer and another from the CEO of our trust company partner.

Meet Trong – lead developer at Constant: https://medium.com/@constantmoney/meet-trong-the-man-putting-the-smart-in-smart-contract-b4345a31726c

Meet Scott Purcell – CEO of Prime Trust: https://medium.com/@constantmoney/meet-scott-purcell-ceo-of-prime-trust-ae7581835030

[timnguyen89]

You should enable more than 200 codes though, as many people havent had a chance to claim signup bonus. Very good incentive though

Maybe in the future, Kid_diK. While incentives are great, you'll get far more value from actually using Constant than from a one-off sign-up bonus. Instead of locking up your money in the fiat system or risking volatility with cryptocurrencies, you can buy Constant and get the freedom and flexibility of a digital asset but with the stability of the USD. It's the best of both worlds

[cryptoviking1]

Sounds interesting, but how does Constant make money?

[timnguyen89]

Sounds interesting, but how does Constant make money?

Hi cryptoviking1,

Thanks for your question.

At the moment, we make money through conversion fees. When you convert Constant to fiat through our network, we charge 0.5% on the amount of Constant you convert (or 0.25% if you have a .edu email address).

You can convert your Constant to fiat for free through a local seller, but please bear in mind they set the exchange rate.

Hope this helps

[ghdeveloper]

That's is a good pitch. Hope to see more good news from your project. Wish for the success. 
Where should I do OTC trading with Constant?

[timnguyen89]

That's is a good pitch. Hope to see more good news from your project. Wish for the success. 
Where should I do OTC trading with Constant?

Hi ghdeveloper,

Thank you for your support.

You can buy Constant in three ways:

1. Through our network.
2. Through a local seller.
3. Through one of our exchange partners.

Which one you choose is up to you

Let me know if you need any more help.

[tracerbullet]

Awesome project 
How do you plan on increasing users/liquidity?

[timnguyen89]

Awesome project  
How do you plan on increasing users/liquidity?

Hi tracerbullet,

Thanks for your support, and nice question – we're very passionate about growth.

When we began Constant, we wanted to create a better way for you to spend, send, save, borrow, and grow money. Like a bank, but with the full power of the blockchain behind it. It's our mission to deliver this to as many people as possible so they can take advantage of the Constant system. Growth is therefore a key measure for us, so we're exploring a range of different channels, markets, partnerships, and advertising initiatives that will help get Constant into the hands of as many people as possible.  

As you might've read in previous posts, we've listed on three exchanges already – Bancor, P2PB2B, and Crex24 – and have recently added another (IDCM). We're also working on a range of Constant incentives and unique features that will help us attract users in Asian and South American markets. We're a community-driven project, so welcome feedback and suggestions we can execute to attract even more users. We'll also be launching business features and developer APIs soon.

With this strong growth plan in place, we expect to increase users and liquidity at a rapid pace this year, so watch this space! And if you'd like to help shape Constant's future, please join the discussion here or on our Telegram channel https://t.me/constant_money

[ghdeveloper]

So far so good. What you spend years building may be destroyed over a night. Keep building anyway.