Companies like Centra Coin are bringing Crytpocurrencies Mainstream.
Why Haven’t Crypto-currencies Gone Mainstream By Now?
In short — The usability. It’s not exactly convenient to use your crypto resources as real-life payment methods; very few retailers accept it yet — and even if they do, it can be quite the hassle to jump through the insistent hoops: scanning a QR code, waiting until the transaction has been confirmed… Hassle. If cryptocurrency really wants to attain mainstream adoption, it needs to be simple and quick for the user.
Introducing Centra Coin: Making any cryptocurrency as usable as a dollar bill in your pocket.
What Is Centra Coin?
Centra, located online at centra.tech, is a cryptocurrency wallet linked with a debit card. You can use the debit card worldwide, which means you can spend your cryptocurrencies where cards are accepted. Centra Coin also presents revolutionary rewards for its users. Every time they purchase something using the Centra Coin program or card, they will benefit!
This provides an incentive for both card holders and token holders, and is a game-changer from the niche market for cryptocurrency debit/credit cards. Read more about Centra Coin with their Whitepaper here.
What Makes Centra Coin So Usable?
Centra Coin is currently in talks with Visa, MasterCard and numerous banks to allow them to issue cards globally, officially supporting 100+ countries. By ordering a physical or virtual visa card, users can start spending their crypto assets at over 36 million points of acceptance in the world.
Besides the debit card and wallet, Centra is launching a stage called Coin Bay, which they’ve described as “the world’s first Amazon-style superstore that is intended to be cryptocurrency acceptable.”
CTR Details
The native cryptocurrency of Centra Coin is the CTR Token, which is constructed as a token on the Ethereum Blockchain.
Centra Tech currently offers a blockchain wallet to store digital assets. The Centra Wallet can store Bitcoin, Ethereum, Litecoin, Ripple, Zcash, Monero, Dash and CTR, with more assets in the future. Users can swap money in their wallet for Bitcoin, Litecoin, Dash, Ethereum, and a lot more.
The Centra Coin Card, Compared:
Centra Coin is not the first company to think of the idea of cryptocurrency debit/credit cards — but it offers its users some special benefits.
In comparison to popular alternatives like Monaco Card or TokenCard, the difference is instantly noticeable: Centra Coin is the only one that provides a huge variety of different currencies, NO national or foreign transaction fees, and is the only cryptocurrency to offer user incentives.
Conclusion
Centra Coin is a promising FinTech startup that aims to make it much more suitable to spend cryptocurrency in real life. They’ve created the first debit card that provides multiple cryptocurrencies, no transaction fees, and user incentives all in one. There is also a Centra Coin wallet app where you are able to exchange your tokens and add funds to your spendable card.
The company raised $7.5 million in just one day, and by September 26, 2017 has raised over 30 million dollars. Centra Coin is currently trading on spot #4 on the asset market cap ranking and the Centra Coin cards are estimated to be shipped within a matter of weeks.
