KITTOKEN

What is KitToken?

KitToken is a Singapore-registered company that offers a utility token. KitToken aims to help foreign workers in Malaysia transfer money to their homes which could be in countries like Indonesia, Philippines, Bangladesh, India, Nepal and Afghanistan. The rates offered are cheaper compared to normal, conventional banks and PayPal. KitToken has a platform called KitPay which is a payment gateway like an e-wallet. Tokens bought can be left in an e-wallet in hopes that the value of the tokens will go up to make profit. This profit can be sent back home as well.

KitToken will be creating merchants who accept KitTokens as a way of payment to encourage users to try their tokens which will be accompanied by discounts.

Why KitToken is better than its competitors…

KitToken provides cheaper platform to transfer protocol to achieve the transfer of payments from one person to another. They also aims to build a decentralized platform for achieving faster and quicker transactions across the borders.

KitToken’s Target Audience

Foreign workers working in Malaysia make up KitToken’s primary target audience. On top of that, KitToken is also targeting normal people who purchase from supermarkets daily.

Source: OKAYKRYPTO

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