One of the things that we hear most often when people talk about the advantages of using cryptocurrencies is that this digital money enables fast transactions; moreover, we are also familiar with the idea that being a decentralised system, the crypto market does not involve intermediaries (like banks or other financial institutions). Still, there are also a series of drawbacks to this mechanism - individuals cannot utilise this virtual money in traditional or conventional stores; they are unable to use this money with ordinary ATMs.
Is there a way to resolve these issues so that crypto could become something of our day-to-day lives? Could technology come up with a solution that enables cryptocurrency to be used as a traditional payment method? Find the answer to these questions right here, in today’s article:
Meet the nCrypt Debit Card Platform - a project that promises to bring an integrated approach to the entire crypto market and create a unique solution! It aims to connect the blockchain to the real world, in a way we’ve never thought possible.
The nCrypt Debit Card Platform was designed to convert cryptocurrency to fiat currencies, in real time easily. Moreover, this product can provide seamless and secure debit cards and payment infrastructure. How is this translated into our normal day-to-day lives? Simply put, this will allow individuals from all across the globe use the card as a standard debit card - of course, this little piece of plastic (like all essential types of Fiat debit cards) guarantees secure shopping on 38 million merchants, worldwide.
Another feature that is worth mentioning is that through nCrypt, users can even withdraw real cash from ATMs - this can be done at open market rates, without the need to hassle with huge or hidden transaction fees.
nCrypt Debit Card Platform, in short:
- Increased security for your data and funds (through encryption of the data and other mechanisms)
- A better way to send or receive money from anywhere in the world
- A tool for instant conversion
- A decentralised web electronic wallet
- Greater freedom in using and sharing personal finances
- An accepted payment method for everyday life
- The ability to use an electronic web wallet, through a secure mobile app
To conclude, the nCrypt debit card platform is designed to operate as a multi-currency wallet, correctly built to store and manage both the cryptocurrencies and the fiat. The adoption of this mechanism could mean a huge step for the entire cryptocurrency system and could make the crypto sceptics, and the regulators gain a better understanding and acceptance of the crypto market.
Understanding the complex nCrypt ecosystem
To see how this card operates within the ecosystem nCrypt has developed, visit the official website at https://www.ncryptclub.com/; download the latest version of the whitepaper and watch the videos that present this project and review its components and join their Telegram. By doing so, you will gain all the information needed to make the right decision and see where the crypto market is heading in the next few years.