Akon’s has partnered with Baanx to officially launch a crypto debit card for his digital asset platform and cryptocurrency, Akoin (AKN).
Users will be able to pre-load and spend their Akoin anywhere in the world using the Akoin Card. It would also allow individuals to use Akoin’s Stellar-based cryptocurrency to pay for products and services anywhere in the world, across 40 million merchants, offering an immediate boost to crypto usage and awareness.
The card will be linked to the user’s Akoin wallet, allowing them to spend AKN anywhere in the world, while the Baanx platform will work behind the scenes to settle with merchants in their local currency. Users may also instantly convert their digital assets to fiat (USD, Euros, Pounds, or any other national currency) and top up their Akoin wallets via the Baanx payment gateway, establishing a platform that connects cryptocurrencies and traditional fiat financial services.
With a 24-hour trading volume of $80,231.52 USD, the current Akoin price is $0.171160 USD. Our AKN to USD pricing is updated in real time. In the previous 24 hours, Akoin has gained 6.35 percent. With a live market cap of not available, the current CoinMarketCap ranking is #4592. There is no circulating supply and a maximum supply of 450,000,000 AKN coins.
“It’s Done. The official AKOIN Card!!! Which allows you to now spend your AKOIN (AKN) were ever master card is excepted,” Founder AKON said in an Instagram post. “I’m sure you can’t freely spend your crypto in any of your favorite stores right? Well you can with AKOIN (AKN) so grab yours now on BitMart.com before we expand to the major exchanges.”
Akoin is committed to bringing a trusted and interoperable digital currency to countries within Africa which suffer from weak and over-inflated fiat currencies that prevent citizens from accessing financial services. The Akoin Ecosystem will provide token holders with access to a wide range of decentralized apps (dApps) and apps, and tools for entrepreneurs to connect, engage and scale business in regions such as Africa, while providing a positive social impact to their communities.
Through the Akoin Utility Token, Multi-Currency Wallet and Marketplace people are able to ‘learn, earn, spend and save’ through their mobile phone as they connect and transact with the digital global economy, offering both stored value and local fiat conversion.