KingSwap Launches Their First High-End Fiat Metal Card Series to Users.

4 New Tiers of Metal Cards which are called the King’s Card, Queen Platinum Card, Royal Knight Card, and Blue Squire Card which cater to all users.

SINGAPORE — December 16, 2020 at 9.30am EST — DeFi project KingSwap (https://www.kingswap.io/) is proud to announce the launch of their first-ever fiat metal card series to users.

KingSwap will be releasing 4 tiers of cards which are called the King’s Card, Queen Platinum Card, Royal Knight Card, and Blue Squire Card.

The King’s Card is the highest tier of them all which is in a royal shade of raven black.

Users will require a minimum stake of 1 King NFT with an additional 1,000,000 $KING Tokens staked at Kingswap.exchange as well.

The Queen Platinum Card with a shade of moonshine color is KingSwap’s second-highest tier. Users need to have a minimum stake of 1 Queen NFT with an additional 100,000 $KING Tokens stake as well.

For users who would like to try out KingSwap’s ecosystem, KingSwap has a mid-tier Gold Knight card. This will allow Mid-tier users to be able to put in a small amount of 500 USD respectively without stretching their wallets and will still be able to see significant rewards such as earning 1% rewards monthly from their deposit.

Fret not for users who are new to this but are interested to try this out, with KingSwap’s basic tier — the Blue Squire Card cater to this category of users who will be able to put in a small amount of 100 USD in the basic tier and this will allow them to be on their first journey with KingSwap and owning their very first KingSwap card!

KingSwap cards feature a sleek, high-end metal design and are loaded with extensive rewards and high yield, with no annual or monthly fees, no foreign transaction fees etc.

Customers can reserve a card at HERE which has a quick onboarding process that includes ID verification. Applicants will be notified when their card is ready to ship, and check on their issuing status in the KingSwap social media channels.

Reserve your card now!

https://www.kingswap.io/card-program-form

Notes: KingSwap’s Debit cards are loaded with fiat, not crypto assets. All transactions are denominated in fiat currency. Images are for illustration purposes.

Use of the Card is subject to the terms and conditions of the applicable Cardholder Agreement and fee schedule if any. ATM bank fees may apply.

Kingswap NFT Card Program

There is 3 options to obtain the cards

  1. Present the details of our information (wallet address and image of staked NFTs) in the NFTs staking page from https://kingswap.exchange NFT staking. (staking must be for a minimum of 1 year) and completed KYC; OR
  2. Present details (wallet address and wallet balance), show NFT and a minimum amount of 2000 $KING tokens in wallet staked at https://kingswap.exchange NFT staking and pay 0.4 ETH. Must complete KYC; OR
  3. Pay 0.4 ETH, must show wallet address with the NFT in the wallet. Cannot trade NFT during this period of 1 year otherwise card cannot be used. Must complete KYC

KingSwap’s Team

KingSwap was founded by a team of experienced leaders in banking, finance, and crypto, including Dr. Anish Mohammed, who has advised and worked for companies including HSBC, Lloyds, and Zurich, and was an early advisor to Ripple and Ocean Protocol; Dunstan Teo, Chief Architect of the Fido Protocol and President of Sanctum Pte Ltd.

KingSwap’s advisors include Venture Capitalist Dr. Giampaolo Parigi; Professor Alex Nascimento, Faculty and Co-Founder, Blockchain at UCLA; Michael Terpin, Founder and CEO of Transform Group and Co-Founder of BitAngels; Lionel Iruk, Esq., and Dr. Robert Choi.

Prior to KingSwap’s public launch in October 2020, venture capital firms and cryptocurrency investors participated in a private fundraising round, raising more than $20 million USD in funding and liquidity support. KingSwap’s backers include Plutus VC, Hashstreet VC, Alpha Sigma Capital, Tradecraft Capital, and 7CC.

ABOUT KINGSWAP

KingSwap (https://www.kingswap.io/) is a DeFi project based out of Singapore with a fully regulated* token that introduces a liquidity pool platform with possible fiat conversions. KingSwap’s high-yield liquidity platform offers extensive staking rewards and digital collectibles.

*”Regulated” — KingSwap commissioned Gravitas International Associates Pte Ltd, a Singapore Payment Services Act (“PSA”) exempt company, to issue the $KING tokens. A legal opinion regarding the token issuance has been submitted to the MAS in accordance with the PSA requirements. Gravitas has already submitted an application to the MAS for full licensing under the PSA, and the said application is pending review. KingSwap itself has no licensing specific to DeFi projects, as there is no such specific legislation anywhere in the world at this point in time, and is following the regulatory framework of the PSA in Singapore at the time of writing.”

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