On the Flexa network, users can stake AMP to provide collateral that guarantees payments to the merchants. AMP resolves the insecurity during the period the transaction gets confirmed.ĪMP crypto is a collateral token that uses the staking method to offer securing of any type of asset users want to transfer, such as digital payments, fiat currency, loan distributions, and proceeds from property sales.įlexa’s payment authorization is only made possible because of AMP tokens. Unlike Credit Cards where payments are almost instant, crypto transactions can take minutes to hours depending on blockchain capacity and fees. It acts as collateral during the period it takes to complete any crypto-based financial transaction.
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