*I'm not the author. Plz check link at the end*What is the problem of traveller in currency?
We live in a beautiful world. We have our own uniquely in each country and place. There are a lot of places that we have to see. Before we leave for the next trip abroad, please take a moment to think dollars and cents. I mean let us think first about the money that will be brought to overseas. Let us get the most for money overseas by doing a little homework first before visiting many beautiful places. RSS.Bitcoin Daily Bitcoin videos twitter The first important step is to know your optional places. We have to decide where we want to visit in which country. Each country has their own currency. After that, travelers usually checks what is the currency that valid there. Then, the most popular thing that must be paid attention is the way to carry money overseas. There are some ways to carry money overseas. We can bring money in cash which offer us an easy way to use it directly in markets. But, the one of the weakness is you need to more careful in your trip. Today’s travelers are much more likely to carry the money on credit cards and ATM withdrawals. The advantages are usually offer better exchange rates and lower fees. The problem is not all places have ATM machines and not people can receive payment by credit. Now the questions, what is the best option for us to carry money overseas? And how can we avoid the expensive currency conversion fees? Please read on the answers to these questions about the best technology solution for us when we are traveling overseas!
We need the best solution for the currency problem when we want to make our next trip. We need to pay attention on GLOBCOIN. We can call GLOBCOIN as a “Multicurrency Saving Account”. GLOBCOIN is a digital coin that combining the best aspects of cryptocurrencies. GLOBCOIN also combines the best aspects of traditional currencies. GLOBCOIN aims to link this digital coin into a basket of currencies from the 15 largest world economies and 5 % Gold. The concept of GLOBCOIN was inspired from Europe economy in previous decade.
Before the Euro was published, the European Union created ECU (European Currency Unit). The ECU was a currency basket that composed by several European currencies such as pound sterling, Lira Malta, Cupon Moldova, Franc Monégasque, etc. The European Currency Unit was used as the unit of account of the European Community. Besides that, the ECU was used to minimize fluctuations between member state currencies and also as an international financial transactions before Euro is existed.
What is “baskets of currencies corresponding”?
A basket of currencies corresponding is a selected group of currencies with different weightings to produce one value against which another currency is measured. The rate of resulting exchange can be fixed or variable. The currencies in the basket are weighted normally according to their respective importance in international trade. It is used as a measure of the value or the amount of an obligation. It is commonly used to minimize the risk of currency fluctuations. The currency basket functions is as a benchmark of regional currency movements. The composition and weighting depend on its purpose.
GLOBCOIN Multi-currency Prepaid MasterCard has been successfully offered in some places. The card becomes a simple, safe, and efficient card for anyone who looks for save money when travelling abroad. GLOBCOIN is a prepaid travel card. It means that we get the card and load funds before going travel. Then, we can use worldwide to get money from ATMs anywhere there is ATM machine with Mastercard Mark, and to buy things wherever we buy it in store with Mastercard Acceptance Mark.
GLOBCOIN Card can carry multicurrencies every time we travel, and it always knows which Currency that use wherever we visit any country. It can happen because GLOBCOIN links the digital coin into a basket of currencies from the 15 largest world economies and 5 % Gold. This card is one of the cards that allows the owner to hold several currency wallets. What is the uniquely of Globcoin? By using GLOBCOIN our life will be easier, cheaper and give us full control when it comes to managing our foreign currency exposure. It will be easier because we can use our card to fulfil our need by using GLOBCOIN in aboard travel. We can load the card with debit / credit card. We can also use our personal Globcoin IBAN in one of the 6 currencies: GB Pound £, US Dollar $, EURO €, Swiss Franc, Canadian Dollar or Polish Zloty. This card is free of charge and without obligation.
Read more at:
https://beat.10ztalk.com/2018/01/24/globcoin/