On July 25, 2017, blockchain payments startup Centra Tech announced the launch of its Initial Coin Offering (ICO) along with the world’s first debit card compatible with Bitcoin, Ethereum, Litecoin and over 8 major cryptocurrencies. The ecosystem also includes an insured digital wallet and a dedicated e-commerce platform called cBay, designed to bridge the gap between digital assets and everyday spending.
With the total cryptocurrency market capitalization reaching a record $93 billion on July 23, 2017 — a 1,263% increase from February 2016 — the need for practical spending solutions has never been greater. Centra Card works anywhere Visa or Mastercard is accepted, allowing users to manage their crypto assets via the Centra Wallet App with 0% fees on exchange, spending, and withdrawals.
Key Features: Zero Fees and Insurance
The Currency Conversion Engine (CCE) instantly calculates real-time exchange rates between supported cryptocurrencies and fiat money, enabling seamless global transactions. All assets stored in Centra Wallet are safe, secure, and insured. Users can also send money in 5+ currencies to over 100 countries without any charges.
cBay: The First Crypto Amazon
Centra also debuted cBay, a marketplace with 100,000+ items initially — including electronics, clothing, and household goods — with worldwide shipping. Vendors can list products for sale, and buyers complete purchases using their Centra Wallet, making it what the team calls “the Amazon of cryptocurrency.”
ICO Details and Token Utility
The Centra Token (CTR) sale runs from August 5 to October 5, 2017. Token holders gain access to a comprehensive rewards program and discounts within the cBay ecosystem. For full details, visit www.centra.tech.
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