Post
Topic
Board Tokens (Altcoins)
Re: [ANN]Constant Stable Coin MVP Launch: A more useful money
by
timnguyen89
on 21/02/2019, 06:54:56 UTC
I saw your project listed on three exchanges.
That great news. Good luck for your project.

Thank you very much – we look forward to announcing more news soon.

Stable Coin look like a good idea these days. The market is full of tokens and somewhere - scam coins. Yes I really need something stable.
Can you let me know how fast is it when I want to convert my constant token to USD and is there any fee? Thanks

Hi kevin52, great question. The answer depends on a few things, such as KYC, where you're based, and how quickly your bank can process payments. Assuming we've verified your identity (the KYC bit), the conversion takes place instantly and Prime Trust – the trust company looking after our USD reserves – sends the USD to your bank account. Since banks are typically slow, it might be a day or two to receive the USD (possibly longer if you bank outside of the US).

The fee to convert Constant to USD through our network is 0.5%, which reduces to 0.25% if you're a student or faculty member with a .edu email address. Fees start from as little $1 (200 Constant) for US bank account holders, and $35 (7,000 Constant) for international customers. You can also sell Constant to a local buyer for free. You can read more about our pricing on https://constant.money/static/pricing.

Let me know if you have any more questions  Smiley


Thanks for the answer. I can see the owner took care of this topic quite good. Its a positive signal for holders and investors like me. I through tons to some bad tokens last year and I really need something trustworthy to keep my hard working money save in this crypto. I hope you can share more team/real people activities to the community to earn my trust.

Thanks alot for making a new choice for me

No problem, kevin52. If you'd like to read more about us, we've already published several blogs on Medium. You can read a post from our lead developer and another from the CEO of our trust company partner.

Meet Trong – lead developer at Constant: https://medium.com/@constantmoney/meet-trong-the-man-putting-the-smart-in-smart-contract-b4345a31726c

Meet Scott Purcell – CEO of Prime Trust: https://medium.com/@constantmoney/meet-scott-purcell-ceo-of-prime-trust-ae7581835030