You must be a participating Member in Hop2it and use our 2it Trade Token or Digital Trade Dollars. To join you must be introduced by an existing Member and sign up via their mobile APP or Hop2it’s web site.
2it Trade Tokens differ greatly to Digital Trade Dollars. The main difference is that 2its are redeemable for goods or services or via cashback. They are used to trade between Members against value stored in Hop2it’s virtual Bancs.
Both 2it Trade Tokens and Digital Trade Dollars can be used for transactions both online and at the point of sale (POS). 2its are a value backed token which Hop2it uses to create and distribute Digital Trade Dollars via Merchants.
Participating merchants hold a Gold Member status whic allows them to buy 2it Barter Tokens and convert them to Digital Trade Dollars.
Platinum like Black Opal Members are Traders. They participate in export trades and use their Trade Dollars to conserve cash.
Black Opal Members are able to expand their businesses to become Regional Trade Exchanges and issue 2it Barter Tokens.
2it Barter Tokens are redeemable for cash and can be converted into Digital Trade Dollars by Gold merchant Members.
Digital Trade Dollars are generated from 2its by Gold Merchant members who receive an uplift for buying them from Hop2it members.
Hop2it Bancs hold virtual value ($V) which when requested is converted into 2it Barter Tokens. Gold Merchants can convert 2its into Trade Dollars.