MYKOBO | Terms of Service
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  1. Definitions

EURC

Last updated 20 days ago

The company issues and redeems EURC. EURC may be used, kept, or exchanged online wherever parties are willing to accept EURC.

EURC is 100% backed by reserves of the Company.

EURC is denominated in a range of the Euro fiat currency.

When you purchase 100 EURC, your EURC is 1-to-1 pegged to the Euro fiat currency. The company holds reserves valued at €100.00 to back your EURC, although EURC is not fiat itself.

In order to cause EURC to be issued or redeemed directly by the Company, you must be a verified customer of the Company. There are no exceptions to this provision.

The right to have EURC redeemed or issued is a contractual right personal to you.

More information on EURC maybe found by following the link below:

LogoEURCWhitepaper