Frequently Asked Questions

PKRD PLATFORM is an innovative model for investors and traders to trade, invest, pay, earn, hold stable PKRD coin against volatile currencies and contribute to GO Green Awareness simultaneously. Launched in 2024, it will revolutionise the global crypto ecosystem with multipurpose objectives. PKRD coins are stable, simple and secure to couple advanced blockchain technology with fiat currencies and present hybrid financial crypto activity for ideal private and corporate business opportunity.

PKRD stable coin provides a blockchain-enabled platform designed to facilitate the use of traditional fiat currencies in a digital manner and provide equal opportunity for cross-border transactions across the blockchain. PKRD enables to disrupt the conventional financial system with its modern approach to money by giving customers the ability to transact and invest with traditional currencies across the blockchain, without the inherent volatility and complexity typically related to a digital currency.

PKRD coin exist as crypto currency built on EVM compatible blockchain and integrated advanced technologies for smart PKRD contract or centralized applications.

These consist of open-source software that interface with blockchains to allow for the issuance and redemption of PKRD coins. Every PKRD coin is 100% backed by our reserves, which includes traditional currency, cash equivalents, assets and receivables from third parties under loan agreements. The PKRD platform is fully reserved, the sum of all PKRD coins in circulation is less than or equal to the value of our reserves. The real time chart is available at our Transparency page to view both of these numbers on a daily basis.

PKRD coins are stable coin-based assets that are pegged to real-world currencies on a 1-to-1 basis. These assets can be traded and moved across the blockchain just as easily as other digital currencies and are fully backed by PKRD reserves.

Each PKRD is pegged at 1-to-1 with matching fiat currency, for example 1PKRD = 1USD. PKRD coins are known as stable coins because of its price stability as they are pegged to a fiat currency. These coins hold low volatility and are much more secure for exiting positions in the market. With respect to our transparency, daily record of the current total assets and reserves is published.

PKRD coin enable private and corporate businesses including exchanges, wallets, payment processors, business & ecommerce, travel, rental, steam digital tokens, igaming, charity and financial services to easily use fiat currencies on blockchain. Some other businesses in the digital currency ecosystem are in the process of integrating PKRD coin.

PKRD coin are protected from cryptocurrency volatility because of holding their value at 1:1 to the original assets as each PKRD coin is anchored to real-world currencies on a 1-to-1 basis and backed by our reserves. The PKRD coins are digital formation as new assets to move across the blockchain just as easily as other digital currencies in a secure method.

Our platform ensures the best possible security of financial information and transactions. It is highly protected from fraud and cyberattacks with continuous upgrading of security features.

PKRD coins have all possible security features with innovative solutions to be stored, sent and received across the blockchain. These are redeemable for cash pursuant to the terms of instructions and service.

The value and liquidity of every PKRD coin is secured by pegging all PKRD coins at 1-to-1 with a matching fiat currency (e.g., 1 PKRD = 1 USD) and are backed 100% by PKRD reserves. For full transparency, Green Compass Holding s.r.o publish the value of our reserves.

PKRD coins have multiple advantages, price stability and low transaction fees because of its stable nature and advanced crypto ecosystem for transactions. A list of trading partners will be regularly update to use and spend PKRD across the world, online, PKRD approved online merchants and listed stores.

Yes. PKRD coin can be swapped to USDT and similarly USDT can be swapped to PKRD coin at PKRD platform.

PKRD registration process starts at PKRD sign up page. A new user can begin the registration process by filling in their personal details on the PKRD sign up page. Considering strict security rules, the user must activate Two-Factor Authentication 2FA for their PKRD account after first sign in. The user must then undergo a verification process and Identity verification service for user onboarding to mitigate fraud with government issued ID and face verification to meet the requirements set for Know Your Customer and AML regulations.

PKRD compliance team will then review the user’s verification request to evaluate due diligence and rating risks of every new applicant based on Know Your Customer (KYC) process. The review and evaluation process could take days to weeks to complete and user will be notified once account verification has been completed or rejected.

No, you can only create one PKRD wallet account. Your PKRD wallet is connected to your provided information such as Passport, License and Government issued ID. Owning more than one PKRD account at PKRD platform may result to seize your PKRD wallet and any PKRD coins in it.

PKRD coins are created by having multiple authorisation keys sign and broadcast creation transactions on the EVM compatible blockchain. These new coins are “authorised but not issued. These coins are stored in PKRD treasury and are not in circulation. These PKRD coins are issued only in response to market demand.

PKRD coins “authorised but not issued” are coins that are created on a blockchain and stored in PKRD treasury. These coins are not counted as part of the total market capitalization of PKRD as these coins have not been issued.

Equally, “Issued” PKRD coins are authorised coins those have been sold and issued to PKRD customers. These are in actual circulation and are fully backed by PKRD reserves.

“Authorised but not issued” PKRD coins are required to keep the entire creation and issuance process as secure as possible. There is a need to balance the security risks to PKRD private keys and catering to new market demand for PKRD. By creating “authorised but not issued PKRD limits the number of times PKRD’s signers need to access their authorisation private keys, thereby reducing their exposure to security threats. With “authorised but not issued” PKRD coins are stored in PKRD’s treasury and not in circulation or part of PKRD’s market capitalization, Green Compass Holding s.r.o can issue these stored PKRD coins as soon as new customer funds are received. This ensures that every PKRD issued is 100% backed by PKRD’s reserves.

Inventory replenishment is the process of creating new PKRD coin that are stored in PKRD treasury inventory as “authorised but not issued” PKRD. These coins are not part of the total market capitalization of PKRD, as they have not been issued or released into circulation yet.

Yes. PKRD platform is built to be transparent at all times. All PKRD coins are backed 100% by PKRD reserves. Our platform has clear rules and regulations that are publicly communicated to all participants before signing in as trader or investor.

You can purchase PKRD coins via “Express” button on dashboard after sign in or via “P2P PKRD platform”.

“You can redeem PKRD coins to your local fiat currency, by entering your bank details at PKRD platform. Redemption via bank has a cap limit of up to 1500$ per month. The Bank account name must match with your registered PKRD wallet account info. For completion of redemption, uploading of voided cheque from the same bank account is mandatory to prove genuine beneficiary, when and if you will redeem your PKRD coins to fiat currency.

Our transaction fee is composed of knowledge, network and innovation fees. The knowledge fee is contribution toward Research and development of PKRD. The network fee includes to cover the running costs of the PKRD platform and the innovation fees is to support environment friendly projects.

PKRD P2P is a peer-to-peer marketplace that allows you to directly trade PKRD coin with other PKRD coin users, using your preferred local currency, price and payment method. PKRD P2P also focuses on safeguarding all users with added layers of security and 24/7 customer support. You can buy and sell on PKRD coin P2P platform.

The offers you see on PKRD P2P are provided by other PKRD coin users, and some are from more experienced P2P Money Exchanger verified through PKRD’s P2P Money Exchangers Program. The P2P Money Exchanger Program was launched to add an extra layer of trust in the P2P marketplace, and safeguard users from common P2P scams.

Users can choose from a wide range of preferences for receiving/sending payments.

PKRD P2P may charge transaction fees from buyers/sellers for every completed order. The fees vary per market.

Fill out “PKRD merchant application” and once approved the API keys and documentation will be issued, specifically for your approved website or app. Integrate our API and simplify the checkout process with PKRD API for your website. Accept PKRD coin payments, for goods or services with no rolling reserves, global coverage, zero chargebacks, instant transactions and hold stable PKRD coin against volatile currencies.

Yes, you will get a new PKRD wallet for your payments coming from the customers. You must know that you can’t transfer PKRD coins from your personal PKRD wallet to your PKRD merchant wallet. Your PKRD merchant wallet is exclusively for the incoming PKRD coin payments from customers against the services and merchandize only.

Express checkout is one time opportunity to use PKRD platform as first-time customer to purchase any service and goods from our approved PKRD merchants and pay in PKRD to merchant only one and first time. If you look forward to buy again and again to pay in PKRD, you need to complete your KYC after log in.

You can redeem PKRD coins to your local fiat currency, by entering your bank details at PKRD platform. Your name as registered at PKRD Platform should be same as of your business bank account details because it must match with your PKRD wallet account info to complete redemption. You will also be required to upload a voided cheque of the same bank account to prove genuine beneficiary. Another option for Merchant’s is that you may trade your PKRD coins from your merchant wallet at PKRD P2P platform.