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May 15, 2018
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Hash Card Review
Cryptocurrencies are not always a practical means to buy goods and services with, as not many vendors accept them as legal tender. You could of course exchange your cryptocurrency tokens for fiat money, but this is a slow and expensive process. With the Hash Card, all that is taken care of. Every time you make a transaction, your cryptocurrencies are automatically converted into fiat money.
What are the features?
The Hash Card can be used anywhere credit and debit cards are accepted, whether in online stores, physical stores, or ATM machines. The transactions happen in real time, and the conversions from cryptocurrency to fiat money happens using interbank exchange rates. You can also instantly transfer money to other Hash Card owners at no cost to you. The Hash Card comes with a Hash Card Wallet, which is a digital wallet and an app you can use to monitor your balance.
How does it work?
By using your Hash Card, you can withdraw money from an ATM or pay for goods and services with your cryptocurrency without having to convert them to fiat money first. When you use the Hash Card, the value of your transaction (in fiat money) will be debited from your digital wallet in cryptocurrency. As there is a transaction fee, you need to have a balance available in your Hash Card Wallet to be able to cover this transaction fee.
What is a Hash Card Wallet?
This is your digital wallet, where your cryptocurrencies are stored for use with your Hash Card. The Hash Card Wallet currently supports 25 different cryptocurrencies, and is available as an app for iOS and Android devices.
What about security?
The Hash Card Cybersecurity and Governance Architecture is a framework that the team behind Hash Card have designed to keep its users safe. All the transactions are made with SSL encryption and two-factor authentication is used all the time.The framework has been adopted based on the security regulations laid out by NIST (National Institute of Standards and Technology) Cybersecurity Framework, ISO (International Organization for Standardization) and IEC (International Electrotechnical Commission) IT 27001 and 27002 frameworks, ISACA, COBIT and PCI DSS.
How do I get a Hash Card?
You can sign up to get a Hash Card by visiting their website, fill out a quick form, and then it will be sent to you shortly afterwards. At this present stage, only 3000 Hash Cards will be issued.
Are there more than one kind of Hash Card?
The team is currently working on developing more exclusive versions of the Standard Hash Card. These will be Gold, Platinum and Black, and will have incrementaly lower transaction fees. They are expected to be available in the third quarter of this year.
When is the token sale and what is the bonus structure?
The token sale will be from May 1 to June 12, and depending on how early you get in, there are some nice bonuses to get. You get a 30% discount if you buy between May 1-3, 20% discount if you buy between May 4-13, 15% discount if you buy between May 14-23, 10% discount if you buy between May 24 and June 2, and 5% discount until the end of the sale on June 12.
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