News

Nigeria and Binance Build a Blockchain Hub City for Blockchain Projects

The Nigerian government agency in charge of export processing zones, NEPZA, is negotiating with cryptocurrency exchange Binance to create a "virtual free zone" devoted to blockchain technology and the digital economy.

Crypto newsNEPZA's efforts aim to create an environment analogous to Dubai's digital free zone. Binance pledged in December 2017 to help Dubai build an industrial center for global digital assets, encouraging sustainable economic growth and attracting a broad range of crypto firms to become licensed in the emirate.

Bloomberg claims that the government of Nigeria is in advanced discussions with the crypto exchange giant to jointly construct a digital region in the nation, which would benefit the development of Fintech and digital assets across Africa.

Bloomberg reports that the goal is to create a digital center similar to Dubai, which has banned the open advertising of its Bitcoin and blockchain industries.

Nigeria, the most populous country in Africa and one of the wealthiest in commodities, notable oil, has been focusing on digital assets and blockchain to diversify its economy for some time now. It is helped by the fact that Nigeria also has one of the youngest average populations.

Companies like Interswitch Ltd. and Flutterwave Inc. are indicative of Nigeria's increasing dependence on the financial technology industry. Nigeria is the sixth most adopted nation in the world for digital currencies, according to the latest statistics from Chainalysis' Global Index Adoption.

CoinGecko revealed that Nigeria had the most significant increase in interest in cryptocurrencies after the market for virtual currencies began its stunning drop in April.

In June (2019), the Nigerian stock exchange stated that it would implement a blockchain-enabled platform to boost commerce and attract younger investors. A partnership between the Nigerian government and Binance has solidified Nigeria's ambitions to become a global crypto powerhouse.

Prof. Adesoji Adesugba, CEO of the Nigeria Export Processing Zones Authority (NEPZA), who is primarily seen as the government's principal point of contact in its intended relationship with Binance to execute this objective, said: “We want to create a flourishing virtual free zone to capitalize on the roughly trillion-dollar virtual economy present in blockchain and the digital economy.”

Binance sees Nigeria as a nation with a lot of promise. This collaborative initiative seems a great way to get into the market there. There is a long-term goal of spreading business over all of Africa.

After three years of infringement procedures in several countries, including Great Britain, which banned the exchange's activities there, Changpeng Zhao's exchange has begun significant collaboration with government and regulatory authorities in the countries in which it operates to get a license to function, as was recently accomplished in Italy and France.

A few weeks ago, Binance signed a similar landmark agreement with the Korean city of Busan. The exchange presumably provides technological and infrastructural assistance to Busan in its blockchain development efforts.


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- Coinbase Refutes Claims That It Lists Securities As SEC Kicks Off Investigation





Russia's Finance Ministry, Central Bank Agree To Legalize Cross-Border Crypto Payments

The Russian Ministry of Finance has finally resolved its long-running battle with the Bank of Russia, the country's central bank, by announcing that international cryptocurrency transfers would be legalized shortly.

E-currency newsDeputy Minister of Finance Aleksey Moiseev told the local news agency TASS that both organizations agreed that "it is difficult to function without cross-border transactions in cryptocurrencies" due to the sanctions imposed on Russia's economy as a consequence of the country's invasion of Ukraine.

Most cryptocurrency wallets in use today are established outside of the Russian Federation. It is essential that this be possible in Russia and that it be carried out by organizations subject to Central Bank supervision and so obligated to comply with the requirements of anti-money laundering law, and first and foremost, of course, to know their customer.

The move is meant to ease the process of international commerce and the importation of essential goods, both of which have been difficult for many Russian enterprises since they were shut off from the global banking system.

The Ministry of Finance has been trying to get Elvira Nabiullina, the influential governor of the central bank, to approve crypto usage by local bodies.

Anatoly Aksakov, chairman of the State Duma's Financial Markets Committee, announced at a news conference on July 7 that a crypto exchange should be founded as a section of the Moscow Exchange, suggesting that the ministry might depend on the backing of certain prominent legislators (MOEX).

Despite these attempts, the Bank of Canada has long argued that the government should instead prioritize the adoption of its own central bank digital currency (CBDC).

According to a paper published by the organization on August 11 titled "Ruble Digitalization," the introduction of a digital form of the ruble for settlement between people and businesses might occur as early as 2023.



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The related articles:

- Vitalik Buterin Says His Influence Over Ethereum Decreases As Network Nears The Merge

- E-Commerce Giant Mercado Libre Debuts An Ethereum-Powered Coin In Brazil

- Hyundai's Securities Affiliate To Add Crypto Data To Its Asset Management Platform

- Coinbase Refutes Claims That It Lists Securities As SEC Kicks Off Investigation





Vitalik Buterin Says His Influence Over Ethereum Decreases As Network Nears The Merge

Vitalik Buterin, the co-founder of the Ethereum (ETH) blockchain, has said on many occasions that his influence over the network has been diminishing over the last two years, as many other engineers have taken on different roles.

Ethereum newsIt is especially true as Ethereum (ETH) moves closer to the Merge. Buterin expressed a desire for Ethereum to develop into an environment "where my influence may decline solely because so many fantastic voices start to flourish and express themselves" in an interview with economics blogger Noah Smith.

In 2015, I was very busy both with various research issues related to the project and also with writing code. I was responsible for around 80%. By the year 2020, I was responsible for just about a third of the study and hardly little coding at all.

The 'high-level thinking, though, was still largely my domain. Over the last two years, "even the high-level thinking is something that has been slowly and certainly sliding away from me," he was reported as saying.

He thinks that recent ETH researchers like Polynya are steadily assuming more responsibility for leading the charge in developing innovative approaches to scaling Ethereum. Buterin claims that former employees employed for research roles, such as Justin and Dankrad, are now establishing themselves as thought leaders in cryptocurrency.

The developer didn't detail what he was working on at the moment. Still, he did talk about his recent inspirations and areas of interest. The fields of biotechnology and artificial intelligence (AI) have made remarkable steps away from cryptography, maybe even too impressive.

In the 21st century, "we're beginning to comprehend what both the politics and the technology is going to look like, and how each of the components of what we're working on is going to fit into the picture," he was quoted as adding.

Buterin's Proof of Stake, a collection of his writings over the last decade, will be released as a physical and digital book on September 27, entering the competition for this year's crypto-related blockbuster.


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The related articles:

- Nigeria and Binance Build a Blockchain Hub City for Blockchain Projects

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- Hyundai's Securities Affiliate To Add Crypto Data To Its Asset Management Platform






​Japanese Regulator Wants to Reform Crypto Tax Laws for Companies and Investors

The Financial Service Agency (FSA), Japan's primary financial regulator, has signaled its willingness to alter the country's tax regulations governing how businesses and their investors are taxed on their dealings with cryptocurrency.

E-currency news

Prime Minister Fumio Kishida has often said that Web3-related sectors have the potential to start an economic upturn, and the changes are a reaction to this pro-IT sector development push. Kishida has also made public statements this year supporting the reform of crypto-related tax regulations.

Some prominent lawmakers, including some in the government, have voiced concern that Japan's more onerous treatment of cryptocurrency as income rather than a capital gain for people is prompting a massive migration of Japanese businesses. Many countries' corporate tax codes include bitcoin as a taxable expense for businesses.

Businesses are required by law to report and pay taxes on "paper gains" or increases in token value relative to fiat currency. It implies that even if a corporation doesn't sell its tokens for fiat, it still has to pay tax on the gain in the value of the ticket over a year if it issues such a token and the value of the token increases.

In certain countries, businesses may not have to pay taxes on cryptocurrency holdings until they “realize” (or convert) its value to fiat currency.

CoinPost and Bloomberg report that the FSA has shown a desire to provide tax benefits to private investors in cryptocurrency startups. Investors on a smaller scale will also take heart from the FSA's stated intention to open up the Nippon Individual Savings Account (NISA) tax break program. This program may potentially exclude up to USD 2,900 in assets from capital gains tax.

From a crypto viewpoint, the cloud on this silver lining is unclear whether or not this will apply to crypto investments outside of the security tokens arena.

It is not required to comply with the FSA's requirements, and the regulator's ideas will be subject to examination by a legislative tax panel that will not meet for some months. However, the FSA undoubtedly has the country's single most substantial influence on crypto policy (other than the Prime Minister). Therefore, the suggestions will almost certainly be adopted.

Earlier this month, private sector organizations such as the self-regulatory Japan Virtual Currency Exchange Association (JVCEA) pushed for immediate tax reform. The JVCEA and its allies also requested that Tokyo make filing taxes easier for cryptocurrency owners.


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Buy Bitcoin with Advcash, Perfect Money, Payeer

The related articles:

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- Coinbase Refutes Claims That It Lists Securities As SEC Kicks Off Investigation





​Information concerning the security system

In the nearest future, we plan to disable the security system tool which was little used: „PIN Card Code”. Therefore, we ask the customers to replace the "PIN Card Code" option with "Google 2FA” as soon as possible.

Perfect Money Wallet Review – Sign up, Log in, Security, Verification, Fees

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Perfect Money wallet

In this article you will find overview in detail about the Perfect Money wallet: registration, security, fees, verification, deposit and cash out options. In the world, there are currently many different payment systems which offer electronic payments. Their popularity depends largely on the ease of use and commissions. In different countries, various EPS (electronic payment systems) are distributed - Advcash, Payeer, Epay, Payza, Payoneer, Skrill etc.

This article includes a detailed review of one of these – Perfect Money (PM):

1. Overview;

2. Registration;

3. Set up of the profile security;

4. Verification;

5. Advantages and disadvantages of Perfect Money;

6. Commissions;

7. Deposit;

8. Withdrawal;

9. Conclusions and recommendations.

This payment system is offshore, which involves its anonymity. The starting point for activities is considered to be 2007. Today this system is part of the company SR&I. It was registered in Panama, but the company itself is located not in the place of registration, but in Switzerland (the city of Zurich). It has got a license that allows issuing electronic cash.

Perfect Money logo

On the Internet, the company has its own official website: https://perfectmoney.com/. In the process of loading the page, in the address bar a green lock appears. This is an SSL certificate which informs that the connection is secure and complies with all the encryption rules. Among the clients of this EPS (Electronic Payment System), abbreviations of the name are quite common - PM. Most of the users call it simply - Perfect Money. In 2010, the Perfect Money system acquired a built-in domestic lending exchange. The most important point in verifying customers was the Trust Score (TS) – user rating. The highest rating has the accounts where a large financial turnover takes place, which should speak about the honesty and credibility of transactions. The highest Perfect Money Trust score according to the results of Bestchange.com has the XMLGold.eu e-currency exchange - 10 000+ (TS).

The popularity of Perfect Money began to grow since 2011 after the closure of the company Liberty Reserve (main competitor). Soon, Perfect Money was widely distributed in various sectors. First of all, it concerns high-risk earnings (different pyramid systems, high-yield HYIP projects, bookmakers, and so on). Also, the payment system has found its niche in business through the Internet. The appearance of applications in order to manage their operations by using a smartphone or tablet on iOS and, a little later, for Android, took place in 2013. With the help of these mobile applications, it is possible to freely make various financial transactions without mandatory access to a laptop or desktop computer. But the most ordinary users out of habit use exclusively the Perfect Money website.

Like in many other payment systems, there is an affiliate program in Perfect Money. It guarantees an additional passive income for those participants who invite other unique users. This source of income, at a fixed interest rate, provides a profit every month.

The Perfect Money website has been developed by the company’s engineers, with the aim to provide various payments from different websites. Perfect Money has partners who are certified by law and who have many exchange points. In the surveyed service, there is such a thing as prepaid cards. They allow their customers to replenish their accounts at any convenient time or make a purchase without logging in to their personal account.

The site of the payment system supports for 23 languages, which is very convenient for users. Next, let us dig a little deeper and figure out how to work with the Perfect Money wallet. First of all you need to create your personal account, i.e. to register.

How can you use Perfect money

- Transferring money from one user account to another;

- Receipt of payments on your site;

- Carrying out payment for goods and services on the Internet;

- Buying and selling bitcoin, gold, US dollars and euro;

- Issuance and receipt of loans within the system;

- Receipt of additional income from participating in a partnership program.

- You can buy and sell gift cards on the Buysellvouchers.com marketplace. This is a reliable online marketplace for the buyers and sellers of digital goods, founded in 2012. In this video you will learn how to buy products with Perfect Money on the Buysellvouchers marketplace:


Registration on perfectmoney.com

To get started to work with the wallet, first of all go to the official website. When we got to the desired resource, we choose our language and click "Sign up". We see the page where it is necessary to enter the details.

Recommendations:

1. Fill in the real data for further verification;

2. All fields with an asterisk "*" must be filled out on a mandatory basis.

Perfect Money signup instructionNext, you need to perform a few simple points:

- Establish your account name and enter your email address. It is very important that it is real and activated, because to it a letter with a unique login will be sent, with the help of which you will carry out operations on the site;

- It is also recommended to use authentication in two stages by using SMS;

- Indicate your phone number in the accepted format, again real;

- Test account will be of the type “Personal” (for more information about the types of the accounts can be found on the official website);

- Invent a complex password. It must contain at least 6 characters in Latin, different case, and numbers. You are required to remember it or save any file, because you will have to go through the process of checking personal data to recover the password. Do not show it to anyone for security purposes;

- Then enter a few characters to confirm that you are a human being, agree with the service and, finally, click "Register".

After, an email will be sent to the appropriate address. In email you will receive ID(number) – your identifier, consisting of numbers (it also serves as a login to enter the account).

If you forget or do not save your login, it can be easily restored by submitting a request with the button "Forgot?" at the entrance.

After you have entered your data, press "Login". The security system sends you a PIN code that you will need to enter in the field and click "Continue".

The process of registration is completed. After entering the code, go to your personal account. Here you can choose the type of account and issue an additional one, if necessary.

After that, go to the security settings in order to protect yourselves and your money from fraud.

Perfect Money profile security settings

To protect your data, go to the tab “Security Centre”. The option of checking the IP address from which the client comes in is included here.

Perfect Money securityEvery time you log in, a letter including a verification code will be sent to your address. This is a standard procedure and is not recommended to be changed.

Perfect Money provides additional opportunities for the protection of personal information:

- You can log in to the system using SMS, but this service must be paid, therefore,many users are not satisfied with it. Messages may also be delayed due to various problems of the mobile operator;

- Connection with the code card.

After using this option, a file with the extension ".png" will be opened. Here we will see the codes that will need to be entered when making any financial transaction. A similar file will be sent to your e-mail.

Perfect Money security codeThese data must be stored in a safe place. Setting profile protection is a very important moment that will allow the client to protect himself from hacking the account by intruders. Do not neglect this mandatory item. You can use Perfect Money services immediately after registering and setting security features. In this case, the commission is removed for each operation. To reduce the percentage of the commission, we need to verify your personal data. To do this, enter the settings section and begin to perform everything point by point.

Perfect Money (PM) account verification

Let's start with the explanation of the term “verification”. Briefly, this means the authentication of the entered personal data.

Perfect Money verificationThat is, the system checks if it is really your wallet and if the details entered during the registration are authentic

Passing this procedure has its advantages:

- Transfer fees are reduced;

- The credibility of your account increases.

The data verification in Perfect Money takes place in several stages

1. You must download the graphic files of the scanned documents (passport or driver's license);

2. You also must provide the scans of the receipts for payment of utility services or bank transfer (with the obligatory indication of the name and address, the registered address in the passport will not be accepted by Perfect Money);

3. Confirm your personal phone number. To do this, you must order a call, and the robot on the phone tells you the code. The numbers are dictated in English.

If the code is entered correctly, the number is confirmed immediately. But if you have made a mistake when entering, then you will have an opportunity to try again only after one day. Verification of user data usually does not take more than 24 hours. But it is possible to increase the verification time on weekends and holidays. If you are afraid to send your personal data in this way, then you can take advantage of additional measures to protect the scanned documents. For example, by putting a watermark.

Perfect Money fees

For each payment system, the developers set their fees for the financial operations. From the cash rates listed below, you can find out the percentage charged for various transfers. And you can easily conclude that the commissions for the users who have undergone the data verification procedure are much more profitable (as mentioned above). Exchange USD / EUR, EUR / USD at the market rate. The transfers within the system for a verified account – 0.5%, for an unverified account - 1.99%.

Having received a general concept of the Perfect Money electronic payment system, let us consider to its advantages and disadvantages.

Advantages and disadvantages of the Perfect Money payment system

All the electronic systems which make financial operations have both - good and not so good features. The way how to perceive them, depends only on the user.

Perfect Money reviewThe undoubted advantages include the following features:

- You do not need to pay tax on income for the financial operations;

- Every month, additional income in the amount of 4% per annum from the account balance is received on your balance;

- There is a program of partnership;

- Coverage of various investment programs;

- If you have passed the verification procedure, the fees for transfers is very small;

- A guarantee of security account.

There are also some disadvantages:

- If you have mistakenly transferred money or your account is hacked, as a result of which the money is illegally withdrawn, the money will not be returned to the wallet, regardless of your complaints;

- Cash cannot be withdrawn using plastic cards, such as Visa and MasterCard;

- It is impossible to directly replenish the balance of the wallet.

How can you withdraw the money from your account, and what are the conditions for replenishment? Let us talk about this further.

Perfect Money account replenishment

Money in an electronic account can be entered in several ways. Let us see how the Perfect Money wallet replenishes its balance:

- The most common way, the use of the partner’s "E-currency exchange service". For example, XMLGold (Online Currency Converter which has the highest PerfectMoney Trust Score at the e-currency exchange market). Note, that commissions at different e-currency exchange platforms will not be similar.


- There is also the option - "Perfect Money e-voucher", which is also convenient deposit method.

- "Swift transfer" is not very convenient as it takes more than one day.

- "Bitcoin". This transfer system is suitable for the customers who use cryptocurrency. However, the rate of this electronic currency is constantly changing, therefore, additional difficulties can arise in relation to the transfer.

- And finally, the "Credit exchange". Replenishing the account by using this method is quite inconvenient and unprofitable, therefore we will not discuss it in detail.

Perfect Money withdrawal (cash out)

For any customer, sooner or later, there is a need for cashing electronic money.

Perfect Money cash outHow to do it? Perfect Money offers several options. Withdrawal is carried out by the same methods as account replenishment. What is more convenient for you – choose yourself from the options mentioned above.

The money transfer transaction looks like this:

- U1234575 — the sender's payment account.

- U9876512 — the number of the invoice recipient.

- Name — the account of the person who has sent the payment.

- Batch — the operation number.

Conclusion and recommendations

The Perfect Money payment system has proven itself to be a reliable electronic payment system. It has been working properly since 2007 and has manifested itself to be a good one.

Perfect Money feedbackHowever, storing large amounts of money in the online e-wallet in long term is not very safe. Create several accounts, do not keep all your money in one account. Electronic money is worth saving no less than paper money, as it is the same currency. This is what we would like to advise in conclusion. And the recommendations in this case are quite standard: use the security settings, change the passwords more often and keep them in a safe place accessible only to you.


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Payeer Wallet Review: Sign Up, Log In, Verification, Fees, Security

Payeer is one of the most used currencies on the XMLGold cryptocurrency and e-currency exchange platform. Let's find out what the Payeer e-wallet is and how to use it properly. In this review you will learn how to register in the Payeer payment system. The topics such as: Payeer security, fees, deposit and withdrawal options will be discussed. At the end of the article we will summarize the pros and cons of the Payeer wallet. We hope this review will help you better understand the Payeer payment system.

Payeer

As the number of people who use digital finance grows, therefore, demand market is also increasing. As a result, the number of digital asset management alternatives has grown. Digital asset management frequently provides users with digital or electronic wallets in which they deposit or withdraw funds.

Some of these systems have improved and expanded their features, and they now accept both fiat and crypto-currency payments. It has proven quite beneficial for the large number of consumers they occasionally attract.

Payeer is one such platform. Customers of Payeer can use this platform's numerous services and functions. Payeer is a crypto-currency exchange and a digital wallet for fiat and crypto-assets.

Payeer has a large number of features that have constantly resulted in excellent feedback for the platform. These include crypto-currency trading across many block-chains, asset storage, and rapid payment methods such as the Payeer payment system to fiat currencies.

The platform has also included a long list of new support options, such as withdrawals to Master-card, Maestro, and other credit cards. Individuals who are considering using it as their primary electronic wallet will like the variety of alternatives for making payments or adding cash to the wallet.

Payeer Sign up

Payeer SignUp Process

To sign up with Payeer, you will need:

1.Go to the payment service provider's official website.

2.Select "Create Account" from the drop-down menu (the button is located in the central part of the interface).

3.Type your E-mail address in the box provided.

4.As a code, type captcha.

5.Select "Create Account" from the drop-down menu.

6.Go through your emails.

7.Fill in the form field with the resultant number combination.

Payeer account sign up

Everything is straightforward, as you can see. Only an email address is required by Payeer. In less than a minute, the user becomes the owner of a personal account with a payment system. We will go over the Payeer wallet registration process in greater detail below.

Payeer Login

After arriving at the official Payeer website, the user should click the "Create an account" button in the middle of the main page. The users are redirected to a page where they must enter their email address and captcha code.

Click "Create an account" once more, but first familiarise yourself with the payment system's requirements for service supply. By default, selecting the "Create an account" button indicates that the user accepts the rules' terms. While you click the button, a box will pop up asking you to input a verification code that was previously given to the email address you provided, when filling out the previous form.

Payeer Login Process

A Payeer client must do the following to log into their account:

1. Go to the payment service provider's official website.

2. In the center of the interface, click "Login."

3. Fill in the information that the system requires.

4.Press "Login" once again.

Advcash card

The user should have no difficulty logging into Payeer's system. Username and password generated upon registration are only needed by the system. This combination of numbers and letters will be the key to the Payeer account if the user has not updated them yet.

Let's take a deeper look at the procedure of accessing the payment system.

After visiting the main Payeer page, select the "Login" button next to the "Create an account" button at the first step. The system will prompt you to enter your username, password, and security code, or captcha, in the next window.

If you forget your password for any reason, it does not mean you will never be able to access your funds again.

Payeer password recovery

Normally, such situations are taken into consideration by service. In the form, next to the field requiring a password, there is a button labeled "Forgot your password?". This tool will assist the user in regaining access to their account and money directly.

After clicking the button, you will be sent to the restoration page, where we'll enter the login, secret word, and captcha code. Remember the secret word, along with the logins and password, was produced during the account registration process.

After you have successfully logged into Payer, it is a good idea to familiarise yourself with all of the system's features. Payeer offers an extremely easy UI, which makes engaging with the service more pleasant.



On the right side of the Payeer personal account page, you'll find the following sections:


  • - "Balance" refers to the number of funds held in the payment system account.

  • - “Transfer” is needed for settlements between the parties.

  • - "Exchange" for converting cryptocurrencies for the Payer's fiat currency

  • - History" is used to see the history of completed transactions and export them to CSV format (a delimited text file created to simplify work with large amounts of information).

  • - The "API" is helpful when integrating with internet services.

Let's have a look at the top panel now. As a result, the total quantity of funds on the user's accounts in US dollars is displayed in the right corner of the screen.



On the right are located:


  • - Notifications and news tab. It contains all of the information about your account as well as payment system news.

  • - The account number includes information about the account's current status. You may add other security to your account by verifying your IP address and turning on SMS alerts.

  • - The tab for selecting the interface language.

  • - It's worth noting that the "Personal Account" only supports Russian and English.

  • - Theme selection tab which includes dark or light, who likes which one.

  • - A tab for contacting support.

  • - Exit tab.

  • - Settings tab. It allows you to reset your password, log in, track referrals, and view information about the cards used to make earlier payments.

Also, double-check personal information. Go to "Profile" in the section, where a form will appear that should be filled to pass verification.

We choose the account type and input the entire name, date of birth, country, and address. We verify all of these details by uploading an international passport or national identity card, and any other document that verifies the address, to the system. A utility bill or a bank statement will work.

After you have finished uploading your papers, click "Send for verification" and wait for confirmation. Please keep in mind that document verification might take up to 7 business days. The procedure may need to repeat at times.

Payeer Fees

Payeer charges reasonable prices for the numerous services and features it offers to its customers. Each cryptocurrency has a separate trading cost. The deposit cost might be as high as 3.99 percent in some cases, depending on the payment method in use.

Other deposit and withdrawal transactions have a cost, and the company has listed numerous prices linked with their respective money.

Even though depositing Bitcoin into the wallet is free there is a minimum amount that is exchanged, which serves the same purpose as a minimum fee. Depositing fiat currency makes payments on the site.

Because of this direct digital deposits to the wallet are free to the platform, but fiat currencies are not. There are no fees associated with withdrawing crypto assets.

Although the charge appears to be larger than that of many local platforms, Payeer has maintained the fee reasonable by providing a more comprehensive package that minimizes the need to pay small amounts to various stages. As a result, consumers stop paying a single one for a small fee.



The fees for verified and unverified users are the same. Some rates are below:


  • - International money transfer is free;

  • - Currency exchange costs 2% of the amount exchanged, regardless of currency type;

  • - Replenishment is free;

  • - Output ranges from 0% to 5%;

  • - SMS notifications: $0.05 per notification;

  • - Password recovery is typically free; $50 if the account password is automatically recovered;

  • - Account transfers are free;

  • - The system pays back 0.95 percent of the amount received (if HYIP uses the API).

Payeer Security System

Payeer is expected to place a high priority on security, because of its activities on many continents and a rapidly rising user base. The platform has implemented several security measures to keep user information, data, and privacy safe and secure.

The measures include 2FA, which requires second permission and confirmation from the mobile device before performing transactions or utilizing specific Payeer platform services once the mobile phone authenticates with the account.

Verification may take time, based on many aspects to assure a close-knit and safe clientele. It may be discouraging, but having only authenticated users can be a wise tactic.

Without completing the verification, transactions, withdrawals, and other activities are limited to a certain point beyond which users are unable to advance.

Payeer is recognized as one of the most secure and trustworthy wallets currently accessible in much of South Asia, and it supports more than one cryptocurrency.

Users are alerted through an E-mail every time their account is logged into, another step toward a secure platform. It can assist them in keeping track of any activity that occurs within their account and catching a criminal in the act.

Payeer Deposit Options

The payment system wallet can be deposited in the "Balance" area, which offers information about the currencies supported by the service and their current status. There are a few options:

• Banks and cash (VISA, MasterCard, Maestro, and cash);

• Cryptocurrency (ETH, BTC, Advcash, Tether, LTC).



Bitcoin Deposit into Payeer's USD Account

Consider the procedure of using a cryptocurrency transfer to replenish a US dollar account.

Click the "Deposit" button in the "Balance" section of the USD account.

Select the deposit system and the required deposit amount in a new window.

Click "Deposit" once again. We consider the fact that this operation involves a commission from the system.

We then double-check the information and validate the operation.

If everything seems good, click "Deposit," but if you need to make changes, click the "Return" button on the form's right side.

The system will return the user to a page with the transfer address and the amount, which he has just 15 minutes to deposit after confirming the transaction.

Please keep in mind that the deposit amount should not differ from the amount offered by the provider, as this might cause issues with the account's receiving procedure.

We will wait for the amount on the USD balance to update now that the transfer is complete.

The system may prompt the user to validate his details depending on the deposit method selected.

So, if he wants to deposit money into an account using a bank card, he won't be able to do so until he uploads a photo of his passport and the bank card from which the transfer is made to a particular form after filling out all of the questions.

Payeer Withdrawal Options

Payeer withdrawals are done under the "Balance" area, which provides information about the currencies supported by the service and their present platform. Payeer money can be withdrawn in a variety of ways:

1.Banks and cash (VISA, MasterCard, Maestro, Cash);

2.Cryptocurrency (ETH, BTC, Advcash, Tether, LTC).



Withdrawing Bitcoins From A Payeer Account

Let's take a look at how to get money out of a Bitcoin account.

Click the "Withdraw" button in the "Balance" section of your BTC account.

The user will then be taken to a screen that requests the amount and the BTC address for the transfer. Withdrawing Bitcoin can only be done to another cryptocurrency network address.

The minimum and maximum withdrawal amounts are 0.001 BTC and 30 BTC, respectively.

We check for inaccuracies and confirm the withdrawal of funds when we finish the application.

In case of withdrawal limitations from other system accounts, the lowest withdrawal amount directly from Payer is $ 0.02, and the maximum is $ 2,000, provided the user sends from an unverified account.

Where To Use The Payeer Payment System?

Compared to many of its competitors, the financial platform provides much more options. The usefulness of the payment functionality is determined by how the account is used.

After all, the demands of the individual paying for items on the Internet are very important to the business that utilizes the Payeer wallet to handle online payments.

Below is a list of useful features:

• No or cheap commissions;

• Sending payments to any location on the planet;

• A diverse variety of money deposit and withdrawal options;

• HYIP-to-HYIP transactions are instantaneous and flexible;

• Mass payments make it simple to transmit money and conduct transactions;

• Exchange service; international SWIFT transfers;

• Deposit funds through SWIFT and credit card deposits;

• Automatic bank transfers (bank cards);

• Easy signup (just an E-mail address is required);

• Extensive security (IP security, SMS security);

• Virtual playing cards (as a replacement for real cards) Accounts with several currencies;

• Funds are sent instantly;

• There is an affiliate program;

• The account is not locked;

• There is an iOS app.

How to Exchange Payeer?

XMLGold is one of the best options for exchanging Payeer. At XMLGold.eu (online digital currency exchanger) you can secure and cheaply buy, sell or exchange Payeer EUR and USD in many other e-currencies and cryptocurrencies, for example, Bitcoin, Ethereum, Dogecoin, Litecoin, Dash, Dogecoin, Monero Tether, USD Coin, TrueUSD, Perfect Money, Perfect Money Vouchers EUR/USD, AdvCash, Bank Transfer, Sepa Transfer and many others.

How does it work?

Simply select the currency you want to buy on the right side and currency you want to sell on left side. Fill the necessary amount for you and press “continue”, then fill all the necessary information requested by the system. It will be fast and simple.

Note: If you want to buy or sell larger amounts, then choose option – “Extend Reserve”.

Tutorial on how to buy Payeer with Tether USDT:




Payeer vs Perfect Money

Payeer is a multi-currency payment method that involves sending and receiving fiat money along with cryptocurrencies. There are pros and cons to utilizing Payeer, but the best feature is that you may receive cryptocurrency and withdraw in fiat cash.

In addition to being a payment entryway for sending and receiving money, Perfect Money allows you to fund your account with bitcoin and earn interest. You may withdraw your funds by many methods, including using Western Union.

Pros and Cons of Payeer

Pros:

• VFSC has authorized and regulated the company.

• Maintenance of your account is completely free.

• The low transaction, payment, and deposit/withdrawal commissions.

• Excellent site for purchasing and managing cryptocurrency.

• Merchants will find the payment mechanism to be quite convenient.

• It is available in over 127 countries.

• On Android and iOS, the app has a good reputation.


Cons:

• Only tickets are essential for technical support (no chat or phone).

• Other cryptocurrencies can be added to the platform.

Conclusion

There are so many payment processors available nowadays that it is difficult for dealers and customers to pick the one, which is the best. It is difficult for businesses and consumers to choose the best payment processor when there are so many.

Payeer wallet is one of the greatest online e-currency e-wallets available. It provides both freedom and security. If you are looking for a new payment processor, you should try Payeer wallet and log in to your account to learn more about its features.

Payeer wallet can be helpful for you, particularly if you own an online store. It is a fantastic way for customers to purchase things without dealing with any hassles or restrictions. Take a closer look at this payment system if you are tired of the platform used for online settlements.


If you want to buy Payeer with Tether USDT (TRC20) press the button below.

Buy Payeer






​E-Commerce Giant Mercado Libre Debuts An Ethereum-Powered Coin In Brazil

Mercado Libre, a Latin American e-commerce company, has launched its crypto asset, Mercado Coin, in Brazil. The company, sometimes called the Amazon of the LATM area, has been making bullish moves in the crypto space, which is the latest.Crypto and e-currency news

The firm started taking bitcoin (BTC) as payment last year. In January this year, the business invested in two of the region's largest cryptocurrency exchange platforms: Mercado Bitcoin and Paxos.

The company also has a fintech component, Mercado Pago, which offers crypto exchange and wallet services. This month, the business announced that it would broaden the scope of its BTC, ETH, and stablecoin trading options.

And the company now has its coin: an ECR20 token based on the Ethereum network. Initially, the business seemed interested in using Mercado Currency as a loyalty benefit. Still, the corporation plans to handle the coin as a full-fledged crypto asset, listing it as a tradeable token on Mercado Pago.

The company said that it will not attempt to document the currency on significant exchanges outside of its ecosystem ” for the time being,” but that its connections with Mercado Bitcoin and Paxos may conceivably enable it to do so in the future.

To create the coin, the company collaborated with another cryptocurrency exchange, Argentina's Ripio. The coin's initial value would be USD 0.10, but it will be "subject to market volatility."

The corporation gave 500,000 of its Brazilian clients access to the currency yesterday. However, it anticipates that all 80 million of its users in the nation will have full access by the end of the month.

The corporation was cited as saying that it "still does not know" when it could aim to extend Mercado Coin's reach to other Latin American countries.

Mercado Libre described the currency as "rewarding consumers for their behavior" inside its "environment," adding that those who spent more money will earn better coin benefits.Mercado Coin will "further improve" the e-commerce platform's "loyalty program," and the company is "taking another step to democratize financial inclusion in Latin America."


If you want to sell Bitcoin for Perfect Money, press the button below!

Sell Bitcoin for Perfect Money


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- DeFichain’s DFI Token Starts Trading On Huobi Globall





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