TrakInvest on Blockchain — Coming soon.
Hey TrakInvestors,
TrakInvest is moving to Blockchain!
That’s right — All services on the TrakInvest platform will be payable through TRAK tokens from here on. Users across the globe can purchase subscriptions and certifications in TRAK tokens.*
To ensure compliance during this process, we will be introducing a mandatory one time KYC requirement for all users before they can transact in TRAK tokens on the platform.
How will this work?
KYC Screen: User will add their KYC details in the TrakInvest platform to get started. This screen will be available in the ‘Wallet’ section of the website and will never appear after the KYC is verified successfully.
2. The user saves his/her details. These details would match the KYC document being submitted.
3. Uploading the KYC document.
4. Within 24 to 48 hours, the KYC verification would be complete. Once done, a confirmation email will be sent to the user.
5. Post KYC verification, the user will be ready to deposit/withdraw TRAK tokens and Ethereum on our platform.
How to Deposit TRAK token/Ethereum
- The Wallet section will host the Deposit/Withdraw function for both TRAK and Ethereum. Going forward, wallets will be launched to accept Bitcoin and other Altcoins.
2. The deposit button will allow you to deposit your tokens. Every user is assigned a wallet address that will be shown as below. This is the recipient address when the user transfers TRAK tokens from his/her MetaMask to MyEtherWallet or any other exchange/desktop/cold wallet.
How to Withdraw TRAK token/Ethereum
The crypto wallet section has a withdraw option to withdraw TRAK/Ethereum. The user has to enter an Ethereum based wallet address in the recipient field, wherein the TRAK tokens will be transferred from TrakInvest platform wallet to the user’s Ethereum wallet . Users can transfer tokens to different recipient wallet address every time. Please note that the user needs to have enough Ethereum in this wallet to pay for the gas charges on the Ethereum network that effect the withdrawal transaction.
Pay Subscription using TRAK tokens
Now, users can even use TRAK tokens to pay for different subscriptions* available on the TrakInvest platform viz. Basic plan, Premium plan and GOTC. Going forward, all services/subscriptions such as AI tool, TRAKing other experts, etc. will always have the payment option in TRAK tokens. Check out the below screenshot.
Note: *Due to local Country guidelines on Cryptocurrencies, fiat payments may continue to be accepted in certain countries on our platform for customer ease.
