08 Nov
08Nov

The Tonhub Visa card is an innovative solution designed to bridge the gap between traditional banking and cryptocurrency, offering users an easy and efficient way to use their digital assets for everyday purchases. By combining the best of both worlds—fiat currency and cryptocurrency—the card simplifies the way crypto users engage with the traditional financial system.

Key Features of the Tonhub Visa Card

1. Simplified KYC Process for Easy Onboarding

One of the standout features of the Tonhub Visa card is its user-friendly onboarding process. Users can quickly get started by completing a simple Know Your Customer (KYC) verification. This streamlined process ensures that new users can easily sign up and begin using the card without unnecessary delays or complex procedures.

2. Low Transaction Fees (1.5%)

For crypto enthusiasts who want to use their digital assets for everyday purchases, the 1.5% transaction fee is quite competitive. In comparison to other crypto payment solutions, this fee structure is relatively low, making it a more economical option for people who regularly engage in crypto transactions. Whether purchasing groceries, paying bills, or making online transactions, users can easily spend their cryptocurrency with minimal fees.

3. Wide Range of Payment Systems Supported

The Tonhub Visa card is designed to be versatile and accessible for users within the EU. The card supports major payment systems such as SEPA, SWIFT, Apple Pay, and Google Pay, allowing users to seamlessly integrate their cryptocurrency into their everyday financial activities. This wide range of payment options ensures that the card is practical for a variety of transaction types, whether they are made in physical stores, online, or through mobile apps.

Seamless Integration with the TON Blockchain

What truly sets the Tonhub Visa card apart is its integration with the TON blockchain. Rather than being a simple fiat-based prepaid card, Tonhub accounts are more than just a digital bank record—they are intelligent contracts directly connected to the TON blockchain wallet.This connection offers several advantages:

  • Complete Control Over Funds: Users have full control over their cryptocurrency, as their funds remain in their blockchain wallet.
  • High Security: Thanks to the underlying blockchain technology, transactions are secured through smart contracts, providing users with an enhanced level of autonomy and security.
  • Efficiency: The integration with the TON blockchain means that users can easily manage both fiat and cryptocurrency within the same platform, providing a seamless experience.

By upgrading users’ crypto wallets to function as a new kind of bank that accepts both digital and fiat currencies, the Tonhub Visa card sets the stage for a new standard in how cryptocurrencies interact with traditional financial systems.

Current Availability and Future Expansion

At present, the Tonhub Visa card is only available to users within the European Union who have a valid EU ID. This marks the beginning of the card's European rollout. However, Tonhub has ambitious plans to expand its services globally. By 2025, the company aims to offer the card to a much broader audience, helping to foster global adoption of digital currencies and redefine the relationship between crypto and traditional finance.

Conclusion

The Tonhub Visa card represents a significant step forward in making cryptocurrencies more accessible and practical for everyday use. With its low transaction fees, simplified KYC process, and integration with the TON blockchain, the card not only simplifies the crypto experience but also elevates it by offering users greater control and security. As Tonhub continues to expand its services globally, this card has the potential to revolutionize how people use digital currencies in their daily lives, bridging the gap between the worlds of crypto and traditional finance.

November 2024, Cryptoniteuae

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