as I read in white paper Cryptoriya allowed users to exchange their any crypto curency in real time.
The users can spend or withdraw in the ATM and does not need to maintain a minimum balance.
I must say sounds good, unlike in my country you need to maintain a minumum balance of 2k 5k 10k peso but
if you have no money to maintain this kind of amount and you need the bank for remittance and now your card is closed,
now they have Cryptoriya is the first blockchain offer this to make a new platform an easy access and less effort.
Last month, my maintaining balance in my ATM card was gone instantly. I don't know what happened to my balance but I really disappointed in the bank where I withdrawn my money. So, I think remaining balance is not advisable to the ATM holders because banks eat up all our balances. That's the problem that I want to address with CryptoRiya. I want to ensure that I can maintain balances anytime.
There's no indication of minimum adb, only monthly fees. There's a possibility that it would work like other cards since it's a visa card, so, the adb might be applied. I think they expect users to keep a high amount in the card since its source of funds is cryptocurrency.
I do not yet read the whole whitepaper of CryptoRiya so I don't know if this suggestion of mine was indicated already at the whitepaper of this project.
It is good if CryptoRiya will use a Proof-of-stake algorithms even we stored in ATM. Sounds amazing, isn't it? What I want here is that, if we store their native token in our wallet, we can assure that our coins will add up annually or quarterly. By that, I think I will gonna hold tokens at my wallet or ATM.
What do you mean, that for as long as you keep the native token in their wallet the token is expected to grow? I thinks this will only happen if the token value is growing and if not, the value no matter how much token you hold for how long will remain the same or as is the current value of tokens at the said time.