Introducing Cryptocurrency Online Platform - Token Room
Introducing Token Room
The online platform helping Kiwis embrace the digital currency trend
First, it was online banking. Then it was smartphones and payWave. Now, the latest life-changing tech trend you need to get behind is cryptocurrencies, also known as digital currency.
With the recent launch of New Zealand-owned and operated online platform, Token Room, it is now much easier for Kiwis to not only buy digital currency but also to navigate the somewhat perplexing and uncharted world of digital trading.
Paul Robinson, Token Room Founder and Director, says one of the aims of developing the site was to make building a digital asset portfolio accessible to people from all walks of life, not just the tech-savvy.
“A primary hurdle for many Kiwis wanting to join the cryptocurrency space was the actual process of obtaining the currencies locally, at a reasonable price and being able to store them securely,” he says. “From these challenges, Token Room was developed and we’ve addressed these hurdles along the way and we think we’ve nailed it.”
Token Room sells a range of digital currencies, from the well-known Bitcoin and Ethereum to the less known, yet highly regarded Zcash and Litecoin. Once purchased, these ‘cryptocurrencies’ or ‘value tokens’ can be stored in a digital wallet, which works like an online bank account or on a secure hardware wallet which is similar to an external hard drive.
These digital currencies can be kept as an investment and the growth monitored online, the value generally fluctuating over time with supply and demand as adoption increases. Or they can be used to purchase products and services, such as books, travel and wine from online or bricks and mortar retailers who accept cryptocurrencies. All without paying credit card or bank fees.
“The technology offers a new way to transact in the digital age and although it’s still in its infancy, it has seen huge growth in the last year, with some seeing a 1000% growth in their investment over this time. Another key benefit is that it gives people and businesses the ability buy products and services globally in minutes while eliminating the need to pay many of the fees that are required with credit cards and banks,” says Robinson.
Providing a secure and professional service is paramount to Token Room. The company’s founder, Paul Robinson, is active in the Blockchain community, a registered Financial Services Provider and a member of the Financial Dispute Resolution Scheme.
Once registered with Token Room, all that is required is a New Zealand bank account and selecting your desired currency. The New-Zealand based team then handles the purchasing of the cryptocurrencies on the international exchanges, the foreign currency transfers and sending the tokens to your wallet.
Token Room’s fees are kept to a minimum and contained within the advertised rate. There are no hidden costs. The site is also an authorised reseller of Ledger Wallets, for securely storing digital currency externally.
Like all investments, it is advisable to do your research before making any commitments. For further peace of mind, speak with a trusted financial adviser.
Visit Token Room for more information at www.tokenroom.co.nz
About the founder
Kiwi born and bred, Paul Robinson’s interest in cryptocurrencies was first sparked by Bitcoin mining in 2010, fast forward six years and that interest coupled with the introduction of new blockchain technology prompted Paul to establish Token Room.