Learning the friendly way

Axie Infinity is a blockchain-based trading and battling game that allows users to breed, raise, battle and trade Axie creatures. Inspired by the likes of Pokémon and Tamagotchi, Axie Infinity incorporates blockchain technology and the highly popular NFTs (non-fungible token) into their new-age video game.

In a new wave of supported cryptocurrencies on the Tap exchange, the digital currency AXS was incorporated due to its high trading volume, impressive project, growing community and much-loved user experience. Through combining advanced tech with video game functionality, the Axie Infinity platform has proven to be at the cutting edge of the gaming revolution, for players and investors alike. Discover more about this decentralized asset in the article below.

What Is Axie Infinity (AXS)?

Built on the Ethereum blockchain platform, Axie Infinity is a video game that uses NFTs to represent unique creatures, abilities, land plots and other in-game assets. Through the game, users can earn Axie Infinity Shards (AXS) and Smooth Love Potions (SLP, formerly Small Love Potions).

Proving to be one of the most successful blockchain-based games in the industry, Axie Infinity has built a wide following indicated by its impressive USD market capitalization, price gains and on-chain trading volume.

Each Axie is created unique, with varying attributes that players can choose from. With over 500 body parts available across creature categories like beast, bird, plant, bug, aquatic and reptile, these also fall into rarity scales including common, rare, ultra-rare and legendary. With such a range of options, Axies have become rare commodities within the game and are based on ERC token standards. 

Who Created Axie Infinity?

Axie Infinity was officially founded in 2018 by Trung Nguyen, an accomplished entrepreneur, engineer and CEO of Sky Mavis alongside Aleksander Larsen, an accomplished business developer and COO of Sky Mavis. Sky Mavis is a technology-focused gaming studio based in Vietnam. Another notable name contributing to the development and success of the decentralized gaming tech is Viet Anh Ho, CTO of Sky Mavis and accomplished engineer. 

The company has attracted the attention of notable investors, including Blocktower Capital and Mark Cuban, and has gone through several successful rounds of funding. In the project's final round of funding on the Binance exchange Launchpad, it managed to raise an impressive $2.97 million. 

How Does Axie Infinity Work?

In Axie Infinity players battle their Axies, each based on an ERC-721 non-fungible token (a unique form of digital currency that centres around ownership). Monitoring stats across Health, Morale, Skill, and Speed categories, the Axies play against one another in order to determine the stronger of the lot. 

Axies come in various classes, notably the Aquatic, Beast, Bird, Bug, Plant, or Reptile class or one of the secret classes, Dawn, Dusk, or Mech. Each Axie also has six body parts: back, ears, eyes, horns, mouth, and tail, each category coming with a range of options. 

These unique creatures can then earn SLP for participating in the PVP Arena, Adventure Mode, or quests, and can be bred to create even more unique creatures. The maximum amount of times one Axie can be bred is 7, costing the breeders 4 AXS plus SLP (which varies from 150 SLP for the first round of breeding, reaching 3,150 SLP on the seventh and final round allowed). 

These characteristics and classes all play a role in determining how it will fair in gameplay. At its core, Axie Infinity is a video game based on battles and breeding, however, there is another valuable component to the game: land. Players can purchase and trade homes for Axies, called Lunacias, which are essentially plots of land in the Axie Infinity world. 

There is also the Axie Infinity Marketplace where players can buy and sell Axies.

What are Axie Infinity Shards (AXS)?

AXS are non-fungible tokens based on the ERC-721 Ethereum-based token standard. While used in the game for payments, these tokens also serve as governance tokens, allowing holders to have a say in the development of the project. These digital currencies can also be traded on external exchanges.

On the other hand, SLP is the in-game token used to breed Axies. With increased growth in the community, these tokens have gained investor interest outside of the gaming community.

Can I Earn From Playing Axie Infinity?

The Axie Infinity game is at the forefront of the latest play-to-earn video game economy. Through the game, players are able to earn money through three avenues: selling SLP (smooth love potions), breeding rare Axies, and AXS staking.

Selling SLP

Players can earn SLP in the game by fighting other players in Arena Mode, battling monsters in Adventure Mode and completing a variety of daily missions and quests. These NFTs can then be sold on outside marketplaces.

Breeding Rare Axies

As mentioned earlier, the breeding process can be lucrative as more rare combinations are created. Axies can then be sold in the Axie Infinity Marketplace, usually fetching around $200. In late 2020 an Axie by the name of Angle sold for $120,000.

AXS staking

Coming soon, users will be able to stake AXS in interest-bearing smart contracts.

A consistent member of the top 10 biggest cryptocurrencies by market cap, Cardano has earned itself an impressive position in the market. The innovative project was developed by a team of brilliant minds, including the co-founder of Ethereum, Charles Hoskinson, and aims to be the next generation of Ethereum. Let's explore what Cardano is and why has become a popular cryptocurrency. 

What is Cardano?

Cardano is the blockchain platform that has taken the industry by storm since its launch. Alongside its cryptocurrency, ADA, Cardano provides developers with a platform on which to build decentralized applications (dapps) and smart contracts. Through a more scalable and sustainable model, Cardano seeks to improve on Ethereum's offering and propel the blockchain and crypto industry into a more eco-friendly future. 

Cardano uses a Proof-of-Stake consensus to facilitate the network and is considered to be a third-generation blockchain platform (Bitcoin being the first, Ethereum the second). Unlike other blockchain platforms, Cardano does not have a whitepaper and instead relies on rigorous academic and peer-reviewed research. The platform has numerous ties with universities around the world, contributing to the funding of the development of blockchain research. 

Who created Cardano?

Cardano was first conceptualized in 2015 and later launched in September 2017 by Ethereum co-founder, Charles Hoskinson. His goal was to build a highly scalable and energy-efficient smart contract platform. After leaving the Ethereum team, Hoskinson grouped together a team of expert engineers and academics and set out to build a layered blockchain platform from scratch. 

Today, the platform is developed by a group of organisations that each focus on different elements of the business. The first is the Cardano Foundation which is responsible for standardizing, protecting and promoting the protocol technology. Input-Output Hong Kong (IOHK) focuses on building technological solutions centred around financial inclusion, while its sister company Emurgo is a global initiative designed to "support developers, startups and enterprises in developing blockchain solutions".

Together these companies assist in the growth and development of Cardano. While regulatory news and Bitcoin may be behind many altcoin price swings, Cardano has done well to establish its value in the crypto market and build a community that supports its goals.

How does Cardano work?

Through a Proof-of-Stake (PoS) mechanism known as Ouroboros, Cardano provides peer-to-peer transactions, dapp development and the creation of smart contracts. The layered architecture makes this possible, with one layer, known as the Cardano Settlement Layer (CSL) responsible for validating transactions and maintaining the ledger of balances while the Cardano Computing Layer (CCL) is responsible for the execution of all dapp computations via smart contracts. 

The separation of these two layers allows the platform to offer lower fees, less network congestion and faster transactions. When thoroughly tested in 2017, Cardano was able to process 257 transactions per second (TPS), a large jump from Bitcoin's 4.6 TPS and Ethereum's 15 - 20 TPS. 

Through its network of validators (known as a miner on a Proof-of-Work mining network) who each hold a stake in the network, Cardano is able to deploy smart contracts, facilitate the peer-to-peer exchange of value and provide the building blocks for dapp and token creation. 

What is ADA?

Let's first cover where the name came from. ADA is a nod to the person regarded as the "world's first computer programmer", the 19th-century mathematician, Ada Lovelace. Cardano on the other hand was named after the 16th-century Italian polymath Gerolamo Cardano. Each phase in the project's development is named after famed historical characters pertaining to maths, physics and literature.

While ADA can be used as digital cash to conduct payments, the cryptocurrency has a wider range of uses. The native token to the platform's operations, ADA, can be used to facilitate transactions, as a store of value, to participate in staking functionality, and to pay transaction fees on the network. 

ADA will also be used as a governance token in the future, allowing its holders the ability to vote on upgrades and changes on the platform. This is in line with Cardano's intentions to make the network entirely decentralized and community-driven, incorporating an automated treasury system that would oversee and execute all funding required. 

Cardano's Roadmap

Another interesting element to the Cardano network is that all five development phases are consistently worked on at the same time, as opposed to moving on to the next once one is complete. 

Of the five phases, each focuses on specific functionalities:

Byron - foundation (completed)

Shelley - decentralization (completed)

Goguen - smart contracts

Basho - scaling

Voltaire - governance

Where To Buy Cardano (ADA)

If you're looking to add ADA to your cryptocurrency portfolio, you can conveniently and securely buy the token through your Tap app. If you haven't done so already, simply download the app, complete the quick identity verification step and load your account with funds (crypto or fiat) with which you can buy ADA. The cryptocurrency will then be deposited into your unique ADA wallet, available for your perusal.

The Graph is making the process of interacting with blockchains much simpler by streamlining the building of new apps and the process of tracking valuable data, powering the growth of DeFi and Web3 platforms. The platform allows developers to provide improved user experience across the board, as opposed to having to create custom back-end infrastructure for each application.

The Graph indexes blockchain data in a unique and decentralized way which allows for the seamless querying and retrieving of data that is easily accessible and can be adopted by many. The platform's contribution to the global DeFi and Web3 infrastructure will be felt in years to come.

What is The Graph?

The Graph is a unique decentralized protocol that utilizes DLT (decentralized ledger technology) and the powerful GraphQL programming language to enable blockchain data collection without relying on third parties. The cutting-edge technology makes it simpler than ever before to index, organize, and query blockchain data information with remarkable accuracy and speed.

The Graph provides indexing and querying services that are compatible with networks like Ethereum, IPFS and PAO, with more to come in the future. The infrastructure can then organize data through the hosted service and implement automated workflow processes through open APIs, called subgraphs in The Graph ecosystem.

This indexing protocol resolves the issue of querying data security, chain reorganization, and other related matters with the subgraphs.

The launch of The Graph mainnet marked a milestone in creating entirely decentralized applications compatible with an expansive network of service providers. With these open, public subgraphs, developers can now build thousands of dapps on the network, with hundreds already hosted by The Graph mainnet. This allows for secure blockchain data access making the world far more connected than ever before.

The Graph (GRT) successfully raised $12 million from a public token sale and an additional $7.5 million from a private round funded by Coinbase Ventures, Digital Currency Group, and Framework Ventures including Multicoin Capital's investment of $2.5 million.

How is The Graph network secured?

The Graph mainnet is powered by nodes, while indexers, curators, delegators, and consumers use GRT tokens to ensure the integrity of the data secured within the network. GRT is The Graph network's native cryptocurrency which helps to assign resources within its ecosystem. All network participants are required to stake GRT in order to perform their roles, and in return can earn fees from the network.

The Graph Foundation offers the network participants coordination and support while steering and growing the ecosystem. The foundation is financially and legally accountable to The Graph Council, which oversees governance decisions.

Who created The Graph platform?

Driven by his firsthand experience of how hard it is to create new dapps on Ethereum, Yaniv Tal joined forces with Brandon Ramirez and Jannis Pohlmann in 2018 to form The Graph team. The Graph aims were to design the world's first decentralized indexing and querying application that could make Web3 and dapp creation accessible to anyone. This vision included the ability to build immutable APIs with the GraphQP query language. 

The three co-founders previously launched a developer tools startup together sharing a common interest in optimizing API stacks. All with engineering backgrounds, Yaniv Tal acts as project lead, Brandon Ramirez is the research lead and Jannis Pohlmann the tech lead.

The Graph launched on December 17, 2020.

How does The Graph protocol work?

By leveraging the Graph Protocol, developers and users can open APIs to build subgraphs for a variety of applications. In April 2021 alone, The Graph’s hosted service managed 20 billion queries - further demonstrating its power in data indexing, querying data, and its collection of data.

The Graph node sustains the whole system, scanning through the blockchain database to organize and index data. The platform's structure is centered around delegators, indexes, curators, and consumers, who use GRT tokens to participate in the network. 

Indexers - Graph node operators

With staked GRT, indexers can provide querying and indexing services to the network, earning query fees and rewards for their efforts. They are also responsible for running node software providing a vital part of The Graph ecosystem that grants access to data stored on Ethereum or other supported networks at lightning speed. Indexers are the most technical positions within the ecosystem.

Curators - identity blockchain data sources

Curators are responsible for developing subgraphs (open APIs are called subgraphs on the network) and signaling to indexers which ones should be indexed by the network. They also identify the most reliable data sources using their knowledge of the blockchain ecosystem, consumers and apps.

To incentivize the quality of their data sourcing, curators are required to deposit GRT into a bonding curve on specific existing subgraphs, earning a portion of the query fees for the subgraphs they signal on. The earlier a curator signals on a subgraph the higher the share of query fees they earn, dependent on the amount of GRT deposited. 

Curators are semi-technical positions within the ecosystem as they require an understanding of open data. As an example, say a new DeFi subgraph appears and a curator thinks it looks promising. They can signal on the subgraph so that indexers recognize its potential and make it discoverable for dapp developers. In return, curators receive a portion of query fees for being among the first to spot it.

Delegators - securing the network

Delegators are non-technical contributors to the network and are responsible for securing the network without running a node. They select indexers based on performance metrics and delegate GRT to indexers via the Graph Explorer dapp, earning a portion of the query fees and indexing rewards in return. 

Consumers - end-users

Consumers are the end-users of The Graph and are the ones who query subgraphs and pay fees to indexers, curators, and delegators for their services. These query fees are paid through gateways or wallets that are built on top of the open-source contracts on the network. 

What is GRT on The Graph network?

The Graph (GRT) is an ERC-20 token and the native token to The Graph network. The coin is integral to the reward system created to benefit indexers, curators, and delegators, which incentives them to improve the market and network operations. 

Delegators can delegate their GRT holdings to Indexers, who use locked GRT to power the nodes on The Graph network. Curators receive a reward in the form of GRT for providing curation services and consumers pay using GRT to access indexing services. Additionally, unlocking dapps available through The Graph network as well as interoperable networks is done by using GRT tokens. 

Participants of the network earn money by receiving The Graph GRT tokens, which have a market value when traded on the cryptocurrency market.

10 billion GRT were created when the project launched, with an annual issuance rate of 3% for indexing rewards. The platform then burns the withdrawal tax that curators are charged as well as 1% of the total query fees. All issuance formalities are subject to future technical governance. At the time of writing, the current circulating supply of GRT was 6,9 billion. 

How can I buy The Graph (GRT) tokens?

It's now easier than ever to add GRT to your crypto portfolios with the convenient Tap app. The mobile app has recently introduced The Graph among the list of its supported currencies, enabling anyone to effortlessly and safely access this crypto market anytime. Get ready for a whole new level of trading experience.

GRT can be acquired with both cryptocurrency and fiat currency, or users may prefer to turn to more traditional payment solutions like bank transfers. The wallets integrated into the platform make it easy for customers to organize and manage their GRT tokens safely.

While this is an outline of the project we encourage all users to conduct their own research before investing in an cryptocurrencies or investments in the global economy.

A platform every sports fan needs to know about, Chiliz is the number one place to go for sports-related fan tokens. CHZ is the token behind the platform, and the platform is the gateway for fans to tap into unique experiences with their favorite sports team. 

What Is The Chiliz Network?

Chiliz is the company that owns Socios.com, CHZ is the token that fuels the platform. Through the Socios NFT marketplace, traders can buy their favorite fan tokens, using CHZ to facilitate all transactions. 

Built on Ethereum, Chiliz provides users with an opportunity to buy branded NFT tokens using the ERC-20 and BEP-20 CHZ tokens. Fans can also earn NFTs through contests or exchange them for team-specific merchandise and benefits. Some fan tokens reward fans with access to meet the players and vote on club decisions. The platform currently supports over 50 different sports and entertainment-specific fan tokens.

Leveraging blockchain technology, Socios directly engages fans with the team/entertainer, a step up from just watching games or buying team merchandise. Chiliz allows each team that partners with them to design unique experiences for their Fan Token holders. These Fans Tokens also give the holder sway over decisions usually left up to the team, like what songs play when a goal is scored, new uniform designs, and even which players start in some games.

Additionally, Chiliz helps sports franchises make money from fans in new ways, while providing unique experiences to their most loyal supporters.

Who Created The Chiliz Network?

Chiliz was founded in 2012 by Alexander Dreyfus, its acting CEO. The company falls under the Mediarex Group, an international sports and entertainment organization, and holds esteemed partners including Sam Li, former Vice President of the NBA, Nicolas Maurer, CEO of esports team Vitality, and Dr. DisRespect, one of the world’s largest video game streamers.

In 2018, the blockchain-based Socios platform was launched, alongside the CHZ token. Following funding of $66 million by Private Placement in 2019, the platform launched its website and app. Today, the company also has offices in France, Turkey, Spain, South Korea, and Brazil.

How Does The Chiliz Network Work?

The CHZ token can be used on both the Ethereum blockchain as an ERC20 token and on the Binance Smart Chain as a BEP2 token. Fans looking to engage on the platform can buy CHZ tokens from Chiliz.net, the platform's own exchange, or from other cryptocurrency platforms like Tap.

Users can then purchase Fan Tokens using CHZ from the Socios marketplace. The platform supports a wide range of sporting teams, from Formula 1 teams to FC Barcelona to Golden State Warriors basketball team. Each team that partners with the platform can dictate the fan tokens prices, distribution and supply as well as unique opportunities they wish to give to fans. Based on the token's performance, they can be burned in order to make a winning team's tokens more valuable. 

As an example of the privileges offered with fan tokens: for eight years, the Juventus soccer club played Chelsea Dagger in the stadium whenever the team scored a goal. Recently, however, fan token holders chose Blur's Song 2 as the new victory song, and Juventus made the switch. The more fan tokens one holds, the bigger their vote.

The blockchain network is built on Ethereum and uses a Socios sidechain to create and verify all fan tokens. This process utilizes the Proof of Authority (PoA) consensus mechanism which relies on a small group of authorized verifiers. This consensus model leans towards business structures looking to be scalable and efficient.

Chiliz is also partnered with the decentralized oracle network Chainlink, through which it creates unique non-fungible tokens (NFTs). These NFTs are used to celebrate special events such as championships or player milestones.

What Is CHZ?

CHZ is compatible with both the Ethereum and Binance Smart Chain platforms. The token is used as a medium of exchange on the Socios platform, allowing fans to buy Fan Tokens. 

There is a maximum supply of 8,888,888,888 CHZ in existence, and at the time of writing roughly 70% are in circulation. 

Where Can I Get CHZ?

Users can simply buy /sell CHZ through the Tap app, one of the most secure solutions in the crypto space. Using a range of cryptocurrencies and fiat currencies on offer, users can exchange any of the supported currencies to build a healthy portfolio that can be safely stored in the unique wallet linked to the account. Find links to download the app from the Tap website.

Arbitrage is an alternative trading style where investors buy an asset on one marketplace and sell it on another for a higher price. Used across a wide range of asset classes in different markets, for example, the stock market like the New York Stock Exchange, financial markets, commodity trading, and cryptocurrencies. This style of trading can be very lucrative if you know what you're doing, but as always, there is a risk involved.

Below we explore what arbitrage is, what an arbitrage trade looks like, and what risks are involved.

What is arbitrage?

Arbitration is the process of profiting from differences in asset prices by simultaneously buying and selling the same asset in different markets. Arbitrage exists due to market inefficiencies, which it both exploits and resolves by bringing attention to the price difference. 

Traders that use this form of trading are called arbitrageurs and will typically look for arbitrage opportunities within one chosen asset class. Arbitrageurs look for unique circumstances usually across foreign markets that allow for the same goods to be traded for different prices. For instance, an arbitrageur will buy the same stock on the London Stock Exchange and sell it on the New York Stock Exchange and collect a profit.

While this sounds foolproof, the reality is that arbitrageurs require an in-depth knowledge of different markets, the skills required to spot arbitrage opportunities, and a keen understanding of the relevant news cycles. With notable risks involved, arbitrage trading is not advised for beginners. 

What are the risks involved with arbitrage trades?

While arbitrage trading may sound easy, it is quite complicated. Many things can go wrong if an investor does not fully understand the market and the variables involved before trying to make a quick profit.

Those with fewer resources and expertise are less likely to execute arbitrage because it requires a large amount of up-front cash as well as working knowledge of derivatives and margin trading. Arbitrage trading is not for every investor. Before you jump on any arbitrage opportunities, below are several risks involved in the practice:

Errors in market price differences

Considering that arbitrage trades are based on market inefficiencies, there is a high chance that the price could quickly take a turn, leaving the investor with a large amount of an asset. To overcome this unpredictability, arbitrageurs study financial markets, stay informed with the news, and build a deep understanding of the markets in which they invest. 

Fees and exchange rates

Brokerage fees, transaction costs and foreign exchange rates play a big role in unforeseen expenses when conducting arbitrage trading. These expenses should be factored into the cost calculations prior to taking on any arbitrage opportunities in order to best understand what you're getting into. 

Timing

Possibly the most crucial element to this trading technique, timing needs to be well calculated as it plays a role in whether you catch or miss the price discrepancies and ultimately profit from your trades. 

How does one get into arbitrage trading?

As arbitrage trading involved trading between international markets, the first place to start is by thoroughly monitoring and researching international markets and news. In doing so, the arbitrageur will look for any discrepancies in asset prices across the markets, and pinpoint a precise time to buy and sell the asset across the different markets. This is done at the same time so as not to miss out on price opportunities and be left holding onto an asset. 

An example of arbitrage

To assist you in better understanding what is arbitrage, let's take a look at an example of an arbitrage trade. Say you have your eye on a stock that is traded on both the London Stock Exchange and Tokyo Stock Exchange (TYO). From monitoring the price fluctuations you pinpoint the perfect moment to execute a buy-sell trades. Let's say you're looking at stocks in an automotive company as it's valued at $100 on the LSE and $75 on the TYO (obviously priced in their respective currencies).

Taking advantage of the price discrepancy, time difference and fluctuating circumstances of each market, you buy the cheaper version of the stock and simultaneously sell it on the higher-valued exchange. 

While the price discrepancy indicates profits of $25 per share bought and sold, the reality is that there will also be discrepancies in the currencies used and the fees payable for conducting these trades. The more shares you buy the higher your profits will be, so ensure that you calculate the earning potential before investing a large amount of capital. 

Should I get into arbitrage trading?

While the opportunity for profits sounds great, there is a lot of research and calculations required in order to be successful in this field. As with all investment strategies and trading techniques, arbitrage is no exception to the amount of risk involved. If you're willing to do the work and put in the hours, arbitrage trading could work in your favor. 

‍

The financial industry has seen significant growth within its digital sector due to the adaptation required during Covid-19. With the increased interest in digital payments has come the rise of virtual cards.

Shopping online and online purchases continue to break barriers that traditional financial institutions never predicted. While these institutions do allow users to do online shopping, there are still a lot of limitations and risks to be wary of. 

Every time you shop online, you risk your account number and details being stolen and used against you. Credit card companies have had to evolve, and one way they have done that is through the introduction of an actual account-linked virtual card.

How do virtual credit cards and debit cards work?

Virtual cards are stored on your mobile device and can be used to make contactless payments in store or online. A virtual card has its own unique card number, CVC, and expiration date. These virtual cards are simply a copy of your physical card, linked to your bank account, and stored on your application or phone. Think of it as an online account and card.

Virtual cards are very similar to an actual credit or debit card, with the main difference being that they only exist digitally, and can not be used to withdraw physical cash. Virtual credit cards provide the same features and mechanics as traditional credit and debit cards. 

A virtual credit card still has an expiry date and 16-digit account number, and CVV codes. They are connected to payment networks like Visa and Mastercard and are generally accepted by merchants who use physical card machines, similar to Apple and Google Pay. 

Your virtual card information and virtual credit card number are stored digitally, eliminating the risk of someone stealing your card and simply entering your details when shopping online. 

Virtual credit cards act as digital wallets, providing more advanced security and ease of online access. Virtual cards are created for one-time use or act as a temporary account number, but what are the benefits of a limited-use virtual card number? Let’s get into it.

Benefits of a virtual credit card

The first and foremost virtual credit card feature benefit that you can expect is an enhanced layer of security. To combat fraudulent activity, a data breach, and account information being stolen, virtual cards have randomly generated and disposable card numbers. This makes virtual cards one of the safest payment methods, eliminating physical and confirmed details, meaning your temporary information can not be stolen or lost. If your info is compromised, you can cancel it without having to create a new bank account or waiting for a new card in the mail.

Control and customization is an additional layer of benefits users can expect from using virtual credit cards. Users can customize how many virtual account numbers they want, set spending limits, choose their preferred currencies, and more. Similar to a normal debit card account, you can also create recurring payments with merchant details, as tailored to the amount, time, and so on.

Some virtual credit cards provide users with point-earning rewards or store credit when used. Credit card companies can also easily access your information to improve your credit score based on your recurring payments set up. 

Creating multiple virtual debit cards allows you to distribute, allocate, and track funds with ease. This means at the end of the day, you have more visibility of your funds going in and out and can create a dedicated virtual debit card for a specific area of your financial responsibilities.

Getting your virtual card number

Whether you are trying to manage your funds with your debit or credit cards accounts, a virtual card can make matters easier. All you need is a debit or credit card account, such as the one offered by Tap and you can create your unique virtual card at the click of a button. With some traditional banks you can even create multiple cards if you want, each with its own unique account number and expiration date. 

These digital wallets and accounts provide ease when you want to shop online, avoid physical wallet and card theft, as well as easier fund management. A virtual debit card is a big part of the future, as we move into the digital era.

Experience a whole new world of digital payments and money management from the safety of your mobile device. You should be able to use your virtual card at any merchant that accepts debit and credit card payments, or contactless transactions, such as Apple Pay or Google Pay. Create your virtual account number today and enjoy purchases online and in-store. The future of payments is here.