UNBNK (UNBNK)
You can deposit Stellar-based UNBNK — among over a dozen other cryptocurrencies — into your Unbanked dashboard for the perfect debit card experience. Use UNBNK to fund your card, make purchases online, and use your virtual and plastic debit cards.
What is UNBNK?
UNBNK is Unbanked’s own digital currency and is the payment token used on all Unbanked products. Every BlockCard uses UNBNK as the default spendable asset. All non-UNBNK deposits such as Bitcoin are converted to UNBNK when deposited in the BlockCard dashboard. The value of UNBNK is tied to usage of the BlockCard ecosystem. As users deposit on BlockCard, the value of UNBNK increases. As people spend, the value decreases. We have worked hard to build utility of UNBNK into the functionality of BlockCard.
In June of 2021, Ternio as a company rebranded to Unbanked. This new identity speaks to the full suite of crypto-friendly services we offer and helps people “get unbanked” from the legacy financial system. Unbanked was founded on the belief that financial access and control is a fundamental human right, best empowered by the blockchain.
As part of this rebranding effort, we updated our digital asset acronym from TERN to UNBNK (pronounced Unbanked). You can find out more about the 1:1 swap here.
Name: | UNBNK |
Type: | UNBNK |
Symbol: | UNBNK |
Platform: | Stellar |
Circulating Supply: | 334,161,876 UNBNK |
Max Supply: | 922,811,615 UNBNK |
UNBNK can also be used outside of the BlockCard ecosystem to facilitate cross-asset transfer of value at a fraction of a penny. UNBNK is as good as cash when used with BlockCard as it can be used at over 50 million merchants worldwide, or at most ATMs to be converted directly into cash.
Currencies We Support
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Within minutes — you can register for your Unbanked account, add funds, pass KYC, get a virtual card and make purchases anywhere major credit cards are accepted.
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