Send PM
Followers 109
Posts 4824
Boards Moderated 1
Alias Born 03/29/2009


Re: lone-wolf post# 6352

Thursday, 03/18/2021 12:18:19 PM

Thursday, March 18, 2021 12:18:19 PM

Post# of 7410
The token is full transactional instantly upon issuance. Any transaction it is involved in continues to settle instantly.

What settles in 2-3 days is the cash coming to gbox from the card of the consumer for the purchase of the token to free up the reserve capital to revolve another token purchase. The consumer isn’t impacted by this.

Exit from token to fiat or crypto will not be allowed until we collected our cash, so the reserve is never at risk. If a fraudulent transaction, we can cancel the token at any time.