Basically, all users of Cam.TV, the first social network to have integrated LKSCOIN as a payment method for “likes” and digital content, can use the CAM CARD to transfer their LKS earnings to their bank account or spend them.
Cam.TV’s MasterCard debit card allows users to convert LKS into fiat currency (such as euros) and, most importantly, to withdraw this amount from any authorized ATM.
As a result, LKS can be converted into ready-to-use cash. Furthermore, since it is a MasterCard, the opportunities extend.
In fact, CAM CARD holders can use LKS both to make purchases online and to make purchases through the POS terminal at authorized retailers worldwide.
Thanks to the CAM CARD, connected to the user’s LKSCOIN wallet on the Cam.TV platform where it is possible to monitor the balance and convert the crypto into fiat currency, the LKS cryptocurrency can already be used both in the digital and real world.
How to get the CAM CARD on the Cam.TV platform
By choosing to transfer LKSCOIN to Cam.TV’s MasterCard as an alternative to a bank account, it is essential to understand how to get it.
First of all, the CAM Card is free for those who have signed up for a Founder President Lifetime qualification, while for all others, an activation fee must be paid.
Cam.TV users can click on Cam.TV’s MasterCard item in the menu and fill in the form with the required data (such as name, surname and address) and submit the application by pressing the Request Now button.
At the moment, Cam.TV’s MasterCard is available only for users residing within the EEA (European Economic Area).
In addition, on the Cam.TV platform there is also a guide for the activation of the CAM CARD once received at the specified address.
Crypto cards: the evolution of digital payments
CAM CARD joins the growing crypto card industry that represents the evolution of digital payments.
In a way, crypto cards act as a bridge between the crypto world, which today counts over 2300 cryptocurrencies and tokens, and the world of traditional digital payments.
The need arises from the fact that cryptocurrencies continue to spread in the global economy, further propagating the benefits of decentralized finance.
However, to date, the adoption of digital assets as a means of exchange has not yet been formalized and many owners do not know how to spend their cryptocurrencies in everyday life.
As such, the possibility of expanding the use of cryptocurrencies, leaving the native platform, can only take place with traditionally recognized and authorized means of payment (such as the MasterCard circuit).
Precisely for this reason, debit cards still have a fundamental function for the use of tokens and cryptocurrencies in the real world, and LKS is prepared for this, but it is not the only one.
Just last month came the announcement of the EidooPay, the debit card connected to the Eidoo wallet, the hybrid crypto-exchange platform on which the LKSCOIN (LKS) IEO is taking place, which ends on May 27th, 2020.