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What is Monolith (TKN) coin and how does it work?

by Financial Economy
what-is-monolith-tkn-coin-and-how-does-it-work

TKN is a decentralized banking alternative powered by Ethereum. Monolith provides a non-custodial contract wallet to securely store Ethereum-based tokens. Information about some topics that what is Monolith (TKN) coin, how it works, how to buy it, on which exchange, how much is it, etc. is in continuation of the article. You can browse here for information about Calamari Network (KMA) coin.

What is Monolith (TKN) coin and how does it work?

Monolith is a token-to-card platform that allows cryptocurrencies to be used in transactions via a card. This card contains your crypto balance and works like a regular debit or credit card.

Monolith provides a non-custodial contract wallet to securely store Ethereum-based tokens. Users can then exchange them for fiat and load them onto their Monolith Visa debit card. Contract Wallet is non-custodial, open source and decentralized. It implements advanced security features designed to protect users’ funds in the event of an attack. The Monolith Visa debit card is accepted worldwide and is currently available for EEA residents (31 countries in Europe).

TKN coin features!

The Monolith token, TKN, gives community members a chance to participate in the success of the Monolith card. TKN is backed by a growing basket of ERC-20 tokens that people use to pay for everyday purchases. When a Monolith card user spends any tokens other than TKN, a 1% contribution is sent to the TKN Community Chest. TKN holders can then cash out and burn their tokens at any time to use their stake in the ballot box.

TKN token founders!

Monolith coin was developed by Mel Gelderman and David Hoggard. The TKN token was launched in 2016.

Which exchange is TKN coin on?

Monolith token is listed on some cryptocurrency exchanges such as Uniswap (V2), Bancor Network, etc.

How to buy TKN coins?

Monolith coin can be purchased from listed some cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

TKN token supply!

Total supply of Monolith token is 39.406.760 TKN.

TKN token price!

As of November 9, 2022, at the time of the writing, 1 Monolith coin price is around $0,0669 (because of the volatility on crypto market the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

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