Post
Topic
Board Tokens (Altcoins)
Re: ANN [PAXPAY] Creating an Innovative Payments System
by
wireless474
on 27/04/2018, 10:46:17 UTC
The idea is certainly very interesting, but what about the high volatility of the crypto currency? Your token will not be subject to volatility?

Well to answer your question, all coins are going to have their volatility. In order to deduce the volatility problem for merchants, when a consumer makes a purchase with cryptocurrency using the bracelet, the payment to the merchant will be paid according to the current market value of the coin at the time the consumer made the payment. The merchant will have the option to either keep the payment in the form it came in (the cryptocurrency coin that was used to make the payment) or the option to have it exchanged into fiat immediately and deposited into the merchants pay account.

Thank you for your support and we hope you spread the word about us!