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The FInsur Token (FI) is a cryptocurrency that provides buyer transaction protection. It operates on a secure domain ownership transfer process, ensuring the safety of buyers. With a strict monitoring system, any suspicious activity is immediately addressed. If the seller fails to fulfill their part of the deal, a refund is provided within 24 hours. The token aims to facilitate fast and easy transfers, with 98% of domain ownership transfers completed within 24 hours.
Payments for the FInsur Token can be made through various methods, including bank wire with a 1% discount or popular payment options like Adyen. Adyen is a trusted payment platform used by leading tech companies such as Uber and eBay. The token also considers the Value Added Tax (VAT) applied within the European Union (EU). Consumers in the EU are charged VAT on purchases, while businesses may be charged depending on the circumstances. The VAT calculation is done during the checkout process based on billing details.
The FInsur Token can be obtained through a full payment of USD 11,088 or a lease-to-own model with monthly payments of $241. The long-term service fee is added for periods longer than 1 year and covers transfer and renewal expenses, DNS hosting, continuous support, and monthly payment processing. The ownership transfer of the domain is ensured after the final installment is paid, and buyers can cancel an installment transaction at any time. Still, sellers can’t cancel the contract unless the buyer misses any final monthly payment deadline(s).
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