Perfect Money wallet review – sign up, log in, security, verification, fees

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.

Perfect Money wallet

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: 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 has (Online Currency Converter / Exchange) - 9289 (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.

Registration on

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.


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 instruction

Next, 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 security

Every 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 code

These 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 verification

That 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 review

The 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 out

How 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 feedback

However, 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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Romania has approved a 10% tax on profits from cryptocurrency trading

The local media inform that Romania has made amendments to tax laws, approving a 10% tax on the profits from the investments in cryptocurrency. In accordance with the new legislation, the income received from the purchase and sale of cryptocurrencies is classified as “the income received from other sources” and, therefore, is subject to the income tax.


“Now the income from the operations with Bitcoin are taxed and reflected in the annual report on the profits and losses. Only incomes or profits are taxed,” the Romanian daily financial newspaper Ziarul Financiar quoted Adrian Benta, the local tax consultant.

It is reported that the profits from one transaction of less than 200 Romanian leu (about $ 50) will not be taxed. However, the investors shall pay a 10% income tax on the profit from the cryptocurrency transactions exceeding 600 Romanian leu per year. Benta expressed the opinion that the cryptocurrency tax thresholds, according to the new legislation, were “fair”.

“Before that, we had a more complicated procedure, in which you had to register as a freelancer if you repeatedly performed the operations with cryptocurrencies. Currently, this income is considered as additional income from other sources.”

In this case, it is not clear in what way the government will ensure compliance with the tax rules for these operations.

In connection with the approaching deadline for the payment of taxes in many countries of the world, the issue of taxation of income from the cryptocurrency operations is increasingly raised. Recently, the Swedish tax agency demanded that a cryptocurrency trader pay a tax on income, but earlier this month it became known that the Chilean traders would pay taxes on cryptocurrency revenues.

Besides, in January, the Bulgarian tax service announced that it will check the cryptocurrency exchanges and their clients. The Danish Tax Authority also stated that it will verify that the citizens pay the taxes on cryptocurrency trading, but the United Kingdom, in the middle of December, issued a tax guide for the cryptocurrency investors.

The related articles:

- SEPA transfer time, regulations and countries

- VISA and MasterCard tighten the requirements for the issuers of the bitcoin cards

- What is Exmo code and how does it work?

What is eCoin Code/Voucher and how does it work?

What is eCoin?eCoin is a digital and cryptocurrency trading platform, which is located in Scotland, UK. has been functionating in the cryptocurrency area already from 2013 and has proved itself as reliable cryptocurrency exchange platform, partner. Official website:

This trading platform is one of the simplest and easiest for use of Bitcoin trading platforms. From account registration to trading there are only some steps. The concept of dashboard is very simple, convenient and will be understandable even for beginners and newbies. And this is not the only sympathetic thing about this cryptocurrency project. There are huge opportunities and options in the area of deposit and withdrawal methods. At deposit, withdrawal offered methods users will find electronic currencies, like, AdvCash, Perfect Money, Payeer, Bank Transfer and many more. Fees and commissions for this Bitcoin Stock Exchange are changing, but in general this trading platform offers one of the lowest fees at cryptocurrency market.

eCoin Code USD Review

eCoin Code USD is an internal currency of cryptocurrency trading platform, which was created with the aim to make deposit and withdrawal as possible fast, simple and without commission. It was made also with the aim to simplify the exchange of funds between the platform users. It gives the opportunity to transfer funds directly from user to user (p2p). At the moment, eCoin Code USD has achieved high popularity as a deposit and withdrawal method, it is also supported by many different other digital currencies exchange platforms.

The main advantages:

  • - Deposit, withdrawal 0%;
  • - Availability;
  • - Simplicity in use.

Customers can buy eCoin Code USD using payment systems, like, AdvCash, Perfect Money, Payeer and many others.

How to buy eCoin Code?

You can buy, sell or exchange eCoin Code on (Online Currency Converter) fast and with low commissions. The usage of XMLGold currency exchange system is easy. XMLGold allows to convert eCoin Code into many different currencies like : PerfectMoney, Payeer, ePay, Perfect Money Voucher, AdvCash, Bitcoin, Litecoin, Bitcoin ABC (BAB), Tether, Wire transfer EUR/USD, Sepa transfer, Exmo Code, Wex Code, XMLToken, Cash, C-CEX Code.

How does it work?

Simply select the currency you want to sell on the left side/frame and currency you want to get on the right side/frame. Then enter the desired amount and your e-mail address. After that press – continue…

Note: If you want to buy or sell more, you can use the option – „Extend Reserve”.

The related articles:

- SEPA transfer time, regulations and countries

- VISA and MasterCard tighten the requirements for the issuers of the bitcoin cards

- What is Exmo code and hows does it work?

Google Ads blocks ads with the word “ethereum”

Startup Decenter, which is engaged in auditing smart contracts, has posted a message on its Twitter account – the company's tweet says that the Google Ads platform has added to the black list all the keywords mentioning Ethereum (ETH). The answer from Google Ads followed almost immediately. As the platform management informed, only those cryptocurrency exchanges which target Japan and the United States can move on it. The rejection of advertising could be due to its focus on the users in other countries.


However, after the notification of a startup about the nature of its activities, Google Ads advised it to become more familiar with the section of the platform called “Cryptocurrency”, which supposedly reflects the financial services and products policy of the company. Decenter went further and turned to the Ethereum Community on Reddit. As a result, cryptoentuzists confirmed that the requests with the word “ethereum” do not show ads, instead an error message is displayed. The message of one of the users of Reddit under the post Decenter informs that Google does not stop to use its services to promote personal political and economic favourites.

Recall that since June 2018, Google has completely banned cryptocurrency advertising. But in the fall, the policy on advertising virtual assets was changed. Some crypto companies were allowed to promote their product on this platform. For example, the provider of Bitcoin wallets Samourai Wallet offered to disable some security features in exchange for the right to place their decisions on Google Play.

The related articles:

- SEPA transfer time, regulations and countries

- VISA and MasterCard tighten the requirements for the issuers of the bitcoin cards

- Epay Review 2018

What is Exmo voucher or Ex-code and how does it work?

EXMO is a cryptocurrency exchange/trading platform with a more than four-year experience at the digital currency market, trading area. Until now, this company has proved itself as a trustful partner and digital currency exchanger. More than 560 000 customers from all over the world use this platform for exchanging cryptocurrencies. Official website:

Ex-Code Review

Exmo Code, called also as Ex-code, is an internal currency of EXMO cryptocurrency trading platform.


The Benefits of EX-Code:

  • - EXMO Codes can be generated in any currency;

  • - Deposit and Withdrawal Commission 0%;

  • - Instant money input and output of any amount of currency.

In other words, EX-Code is a very convenient and low cost method for fast money transfer. A lot of digital currency exchangers already work with it. Number of the customers which uses this option for cryptocurrency deposit, withdrawal and trading constantly is growing.

How to buy Ex-Code?

If you want to exchange Exmo Code safely, choose XMLGold (Online Currency Converter). The XMLGold will offer fast and secure transactions together with acceptable exchange fees. The XMLGold supported e-currencies / cryptocurrencies list: Advanced Cash (Advcash), Perfect Money, ePay, Tether, Bitcoin, Perfect Money Voucher, Litecoin, Payeer, Wex-code, C-CEX Code, Bitcoin ABC (BAB), XMLToken, Cash, eCoin-code, Sepa Transfer EUR, Wire Transfer EUR / USD etc.

How does it work?

Select currency you want to convert on the left side/window and currency you want to buy, get on the right side/window. Enter the amount you need, your e-mail address, and then press “continue”. It will be fast and easy.

Note: If you want to buy/sell more, but the particular reserves are finished, you can always use the option – „Extend Reserve”!

The related articles:

- SEPA transfer time, regulations and countries

- VISA and MasterCard tighten the requirements for the issuers of the bitcoin cards

- We have added Bitcoin ABC (BAB)

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