Token2049

Connecting Web2 and Web3

Are you rich in digital assets and seeking a seamless way to use them on real-world expenses?


Simply convert your digital assets to DCS Tokens, redeem for immediate spend limit on a UnionPay or Mastercard Card, and you’re set to spend anywhere in the world.


DCS Tokens are payment tokens issued by DCS Card Centre, a financial institution governed by the Monetary Authority of Singapore (MAS) under the Banking Act and licensed to issue credit and charge cards.

Designed to provide value stability where 1 DCS Token is equivalent to 1 payment value in USD or SGD, DCS Tokens act as a trusted connection between Web3 and card payments globally in Web2.

DCS Tokens are currently issued on multiple blockchains:

  • DUS on PlatON and Polygon Mainnet
  • DUSD on Ethereum Mainnet
DCS Tokens can be redeemed for an equivalent spend limit on any DCS Card via the DCS Cards App instantly.

Why DCS Tokens?

Value Stability

1 DCS Token is equivalent to 1 payment value in SGD or USD. Respond quickly to market volatility by instantly redeeming DCS Tokens into card spend limit in the equivalent payment value.

Instant Offramp

The redemption of DCS Tokens into card spend limit is an instant process on the DCS Cards App, available 24/7 and from anywhere in the world.

Corporates and Merchants onboarded by DCS have the option to transfer the card spend limit back to their designated corporate bank account provided upon onboarding.

Safe & Credible

DCS Tokens are issued by DCS Card Centre, which is governed under the Banking Act by the Monetary Authority of Singapore

Strong Risk & Compliance Foundation

DCS Tokens are issued from the core credit issuing and merchant acquiring business of DCS Card Centre, subject to the same prevailing risk and compliance policies.

How to get DCS Tokens?

1
Enrol as a DCS Merchant
(POS and/or online)

Opt to receive DCS Tokens as a settlement option.

2
Apply for a DCS Corporate Card

Convert your assigned credit limit into DCS Tokens for Web3 payments. Corporates can increase their total card spend limit via (i) bank transfers and/or (ii) digital assets (via DCS Tokens or other digital assets).

3
Convert via Partner Exchanges

Conversion between selected digital assets is available via our Partner Exchanges including Bitget, BTSE and imToken, with more to come.

How can DCS Tokens be used?

Stable value of exchange

Corporates that currently make disbursements in digital currencies can now consider using DCS Tokens that provide guaranteed value stability where each token is equivalent to a payment value of 1 USD. The access to offramp DCS Tokens for immediate spend limit on a UnionPay or Mastercard Card for global use will be very useful for end users.

Web3 business

Corporates can apply for a corporate credit card with DCS and securitize their credit limit with specified assets (eg bank guarantees, securities, etc). With the credit limit, they can disburse DCS Tokens that can be used to facilitate various business operational models within Web3.

Crypto Wallets/Custodians

Offering trading pairs between selected digital assets and DCS Tokens will allow your wallet users to instantly offramp these (selected) digital assets into card spend limit via the DCS Cards App, anytime, anywhere.

DCS Tokens Exchange Partners

 

Swap with imToken mobile app:
  1. Open imToken mobile app
  2. Tap “Market” on bottom menu
  3. Choose what token you would like to swap from, search DUSD token as destination token
  4. Tap “Exchange now”
Swap with TOKENLON website:
  1. Click here to access TOKENLON website
  2. Connect your wallet
  3. Choose what token you would like to swap from, and search DUSD as destination token
  4. Click “Review order” to complete the swap

Step 1: Click here to access BTSE website

Step 2: Login with your BTSE account, Search for DUS under Buy

Step 3: For SG customer, search what token your would like to swap from under Pay with.

1)Open Wallet Component (https://wallet.platon.network/)with your pc/mobile browser, Click your wallet logo or wallet connect logo to invoke your wallet app, and sign the connection with wallet app

2) Alternative, open Wallet Component in wallet app’s built-in browser and sign the connection

3) With Wallet Component, you can deposit or withdraw your assets from other blockchain, and swap with DCS token

1) Open browser with https://www.bitget.com/, or open Bitget App

2) Login with your Bitget account

3) You can deposit and withdraw DCS token from Ethereum

4) Swap DCS token with USDC or USDT, or vice versa

5) You can also earn savings with DUSD

Wallet Set-up for DCS Tokens

Setup token contract under Ethereum Mainnet

Token Contract Address

Setup token contract under Polygon Mainnet

Token Contract Address

Participating wallets: Metamask, imToken, Token Pocket, Mathwallet, Bitpie, BitKeep, Coinhub, Particle, Coin98, Cobo, Onto, Nabox

STEP 1: Add PlatOn network to wallet

PlatON network

Network URL
Chain ID
Currency
Explorer URL

If you're a Metamask user, simply click tab below to add network:

STEP 2: Setup token contract

USD Token Contract Address
SGD Token Contract Address

If you're a Metamask user, simply click tab below to set-up:

Note: Remember to collect free gas from Platon before redemption

Have a question about DCS Tokens?
Join our Telegram group to learn more!

Download the DCS Cards App to manage your payments on-the-go!

Download Now

Download DCS Cards App Now