Dear Users,
Due to popular demand. BingX Spot will add 1 trading pair on 2024-03-15, 08:00:00 (UTC+0).
• Asset: SOLC
• SOLC Deposit Time: 2024-03-15, 07:00:00 (UTC+0)
• SOLC Withdrawal Time: 2024-03-15, 08:00:00 (UTC+0)
What Is SolCard (SOLC)?
SolCard (SOLC) is a cryptocurrency aiming to bridge the gap between the world of crypto and traditional online shopping. Launched in early 2024 by a team of blockchain specialists, SolCard offers a unique payment solution designed specifically for the crypto community.
The key feature of SolCard is its no-Know Your Customer (KYC) approach. KYC is a common regulation where financial institutions need to verify the identity of their customers. SolCard removes this hurdle, allowing users to make purchases using their cryptocurrency holdings without going through the traditional KYC process. This caters to a specific segment of the crypto community who value anonymity and ease of use.
SolCard operates on the Solana blockchain, known for its fast transaction speeds and low fees. This technical foundation allows SolCard to offer a seamless shopping experience. Users can connect their crypto wallets to SolCard and then use their holdings to pay directly at over 150 million merchants worldwide. SolCard acts as an intermediary, converting the cryptocurrency into fiat currency (like US dollars or Euros) for the merchant, ensuring a smooth transaction on both ends.
One of the highlights of SolCard is its focus on eliminating fees. Unlike some other crypto payment options, SolCard claims no transaction fees for users. This makes it an attractive option for crypto holders looking to spend their digital assets without incurring additional costs.
Investment Risk Warning:
Cryptocurrencies are highly volatile and subject to various risks, including market, project, technical and compliance-related uncertainties. Therefore, you may experience potential investment losses due to high volatility and various risks associated. Exercise caution, stay informed on the potential risks and invest prudently.
Note:
1. Please make sure that the selected chain or network on BingX is consistent with the platform you're performing the withdrawal or deposit to avoid unnecessary losses.
2. The platform will automatically adjust the relevant parameter limits for spot trading based on market liquidity. If you have any questions, please contact our 24/7 online support.
3. The listing time specified in the announcement is for reference only. We will open the trading service once the deposit requirement for the above asset is met. The actual opening time shall prevail.
BingX Operation Team
2024-03-15
BingX Official Channels
Risk Disclaimer
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.
BingX attaches great importance to compliance and strictly abides by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend, change, or cancel this announcement at any time and for any reason without prior notice.
