F.A.Q

Is it a crypto coin or a crypto token?

takecoin is a utility token based on Stellar's blockchain, we have done several polls and found people tend to like more takecoin over taketoken as it commercially sounds better.

What are the available payment methods on the take app?

Users have the ability to chose paying using their local currency through their linked bank card or e-wallets as while as few cryptocurrencies at any store partner including (TAKE, SOL, XLM, XRP).

Why you don't accept payments using BTC, ETH, or any other major crypto currency?

Mainly because of two reasons: 1. It takes a long time to confirm a transaction. 2. High cost of gas/transaction fee (a single transaction fee may cost you more than that cup of coffee).

Why it's better to pay using takecoin rather than any other available payment method?

Here are some reasons:
  1. 1.
    Very fast, instant confirmation.
  2. 2.
    No transaction fees, no gas fees whatsoever.
  3. 3.
    Unlock higher cash-back rates.

What form of cash-back will I get?

Users have the freedom to chose to get their cash-back either in their local currency or in takecoin; however, it's not possible to get cash-back in another cryptocurrency.

How many coins are available?

The max supply is 100 billion takecoin and there will be no more than that. You may check all the details regarding that and more on Stellar's blockchain : https://stellar.expert/explorer/public/asset/TAKE-GDHFDRKG2VRWUGBFRC6IRRHWJHC3YWHKEJNV3VS455AGMDCLYU64M5XC-1

Is there a minimum/maximum of coin I can buy?

No, there are no limits; you can buy the coins directly from Stellarterm

How can I buy takecoin?

Please refer to "Token Sale Economics" section for more details.

What type of businesses do you partner with?

We mainly partner with offline businesses it may be a coffee shop, dentist, beauty SPA, or even the laundry next to your home.

What's the relationship between takecoin and take-cashback?

takecoin is the official crypto currency of take-cashback, meaning that users of take-cashback will be able to transact mainly using takecoin to pay for their daily expenses at any store partner.

How the buy-back works?

As the supply is capped to 100 billion and as we're giving takecoin as cash-back to our users, we will arrive at some point to run out of coins. At that time, we will be buying back our coins at the market price. We may also buy it back whenever we see that it has reached an interesting price level.

Is there a guaranteed return if I buy takecoin?

We can not guarantee profits or an increase in the value of takecoin. However, as we are a technology company managed by highly experienced people on the field, we work hard to follow our plan and roadmap. We believe, that we as well as our investors, be rewarded for the hard work/investment done on the project.

What are the officials links?

I have other questions, how can I reach you?

Sure! You may reach us via Telegram, as questions on Reddit or simply ask us via the live chat here on this page.
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On this page
Is it a crypto coin or a crypto token?
What are the available payment methods on the take app?
Why you don't accept payments using BTC, ETH, or any other major crypto currency?
Why it's better to pay using takecoin rather than any other available payment method?
What form of cash-back will I get?
How many coins are available?
Is there a minimum/maximum of coin I can buy?
How can I buy takecoin?
What type of businesses do you partner with?
What's the relationship between takecoin and take-cashback?
How the buy-back works?
Is there a guaranteed return if I buy takecoin?
What are the officials links?
I have other questions, how can I reach you?