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Crypto Currency

Global Cryptocurrency Exchange Paybis Rolls Out Instant Bank Payments Globally, Cuts Fees to 0.99%

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Global Cryptocurrency Exchange Paybis Rolls Out Instant Bank Payments Globally, Cuts Fees to 0.99%

Paybis introduces instant bank payments solution for UK and EU; adds support for local bank payments in the US and SWIFT USD for international clients.

Global cryptocurrency exchange Paybis is introducing several new payment options for its international customers. Paybis users will now be able to purchase cryptocurrencies using the United Kingdom’s (UK) Faster Payments system and the European Union’s (EU) Single European Payment Area (SEPA) for instant GBP and EUR deposits respectively. The exchange has also launched local bank payments in the United States (US) as well as SWIFT USD to allow international payments.

A Worldwide Solution for the Best Price

These additions are part of Paybis’ mission to help its customers participate in the cryptocurrency and blockchain world by cutting costs and lowering the barrier to entry. Accordingly, as part of the launch of new payment options, Paybis is reducing its fee for cryptocurrency purchases to 0.99% from 2.99%, as well as increasing spending limits for all customers, from 200,000 USD in single-purchases, to 1,000,000 USD.

Paybis on the Move

Paybis has been busy developing its cryptocurrency exchange services since its founding in 2014. The global cryptocurrency exchange has added several features, including a blog to help its users keep up with the rapidly-developing crypto-world, a referrals & affiliate program which rewards users who refer new traders and a news section so its users can keep up with the exchange’s developments.

Paybis has also introduced crypto-price tracking pages that anyone can use to check prices in realtime. Moreover a customer can check bitcoin price or any other crypto price in more than 90 different local currencies. Moreover, Paybis has added crypto-calculator pages, enabling visitors and customers to easily calculate the value of one of the 400 crypto-assets in several different currencies. All of these features are intended to ensure customers can buy bitcoin and other currencies easily and efficiently. In March 2021, the exchange also announced it is preparing to offer support for New York customers, which would bring the total number of US states it serves to 49.

About Paybis

Paybis is a cryptocurrency exchange that enables the user-friendly purchasing of Bitcoin and other cryptocurrencies via a diverse variety of payment methods, including debit and credit cards, instant bank payments in the UK and EU, local bank payments in the US, and SWIFT USD for international clients. The exchange also provides support for over 50 local currencies, in 180 countries. Also included in its reach are 48 US states. Paybis doesn’t take custody of clients’ funds, which means users are always in control.

Finally, Paybis also obtained a temporary cryptoasset registration from the UK’s Financial Conduct Authority (FCA), allowing it to operate in the regulator’s jurisdiction pending assessment of suitability for being granted a permanent license. The FCA guidance and regulatory framework is focused on preventing illicit activities in the crypto-space and encouraging a safe trading environment to foster the widespread adoption of cryptocurrencies.

Crypto Currency

Trust Payments partners with Kriptomat to facilitate 'everyday' cryptocurrency exchange

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Trust Payments partners with Kriptomat to facilitate 'everyday' cryptocurrency exchange

Trust Payments, the global unified payments group, has partnered with Kriptomat to power the payments engine behind Kriptomat’s cryptocurrency exchange.

Operating from Estonia since 2018, Kriptomat describes itself as “the most user-friendly government-regulated European cryptocurrency exchange.” Targeting cryptocurrency beginners, Kriptomat empowers everyday people to purchase, store, send, and receive cryptocurrencies without mastering the technical jargon and arcane details required at conventional crypto exchanges. Kriptomat’s mission is to give everyone online tools to manage and grow their digital assets and to make these tools available wherever users are. Kriptomat services and tools are currently available to users in more than 20 languages.

Kriptomat offers a full suite of portfolio management tools for beginning and experienced investors. Kriptomat allows customers to purchase, convert, track, store, and manage crypto funds via a web-based dashboard that provides comprehensive data on cryptocurrency prices, technical details, and market trends. All data can be accessed from Kriptomat’s free applications for iOS and Android mobile devices as well.

Trust Payments is a key payments player in the crypto space, offering crypto merchants the opportunity to minimise risk and break new ground. The exclusive agreement with Trust Payments ensures that Kriptomat’s customers will have access to Trust Payments’ best-of-breed payment platform for debit and credit cards, fraud screening, and multi-currency processing – plus a recurring-payments engine that will power the launch of a new subscription model for Kriptomat. The subscription model will allow consumers to set up recurring purchases of their chosen cryptocurrencies. Users can set up automated weekly and monthly purchases to automate savings, save time, sidestep the risks of day trading, and build their investment portfolios painlessly.

“We are excited to support Kriptomat with their expansion plans,” said Craig Brightly, Trust Payments head of sales. “Our dedicated cryptocurrency team understands the unique challenges crypto businesses face when searching for a payments partner. We believe it is critical to support crypto exchanges with simple terms, expertise in navigating new markets, fast settlement, and an easy application process.”

“The partnership with Trust Payments allows us to offer secure, reliable transactions to our customers,” said Dejan Davidovic, COO of Kriptomat. “Trust Payments is able to cater to all of our requirements, which will help us launch new products and features such as recurring buy. We are looking forward to expanding our partnership and offering even more features that will empower users to manage their portfolios more conveniently and profitably.”

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/trust-payments-partners-with-kriptomat-to-facilitate-everyday-cryptocurrency-exchange-301375535.html

SOURCE Trust Payments

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Crypto Currency

8 Best Cryptocurrency Blogs to Read Before Investing

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8 Best Cryptocurrency Blogs

From a handful of digital coins in 2013, there are nearly 6000 cryptocurrencies as of early 2021. Even the cryptocurrency Dogecoin which was initially started as a joke centered around the internet meme ‘Shiba Inu’ dog, is immensely successful today and has the internet amused. With a market value of $55 billion, Dogecoin as of June 2021 was one of the top four cryptocurrencies by market value after Bitcoin, Ether, and Binance.

If cryptocurrency has caught your fancy as well and you wish to benefit from its burgeoning popularity, there are a few basics you need to know before investing.

For a beginner, the information available on the internet could be overwhelming. So, we have for you a curated list of the best blogs on cryptocurrency to read before getting started.

1. CoinSutra

Founded in 2016 by Harsh Agrawal, CoinSutra has grown to be a prominent community of over 12000 users and 16 million readers from across the globe since its inception. It has been featured on Forbes, Microsoft, IBM among other well-renowned publications.

To benefit both beginners and advanced users, CoinSutra regularly shares well-researched quality content in the form of guides and tutorials on crypto wallets, exchanges, and every aspect of the cryptocurrency industry.

To get all the relevant resources and stay updated with the latest news and trends of the Cryptocurrency industry, CoinSutra is your best bet.

Amongst its exhaustive content, blogs such as Investing In Cryptocurrencies 101: A Beginner’s Guide can be specifically useful.

2. Cointelegraph

Founded in 2013, Cointelegraph is the leading digital media resource on blockchain technology, crypto assets, and emerging trends in Fintech.

By way of its in-depth analytics, regular reports, comprehensive cryptocurrency price charts, insightful articles by industry experts, and a frequency of over 10 posts a day its readers remain updated in both the decentralized and centralized digital world.

Cointelegraph offers a range of market tools for its users such as price indexes for several coins, ICO (Initial Coin Offering) calendar, and tool for comparing exchange rates. It also hosts conferences and international events regularly to benefit the interested users.

3. CryptoPotato

An understanding of the basic terms of cryptocurrency is a must before you start investing. 30 Must-Know Cryptocurrency Terms For Dummies by CryptoPotato can set the ball rolling.

CryptoPotato established in early 2016 is now one of the leading information blogs in the world for crypto investors. Its team consists of early crypto adopters which include seasoned writers, academicians, financial and technical analysts having credible experience in blockchain and cryptocurrencies.

They publish daily price analysis of cryptocurrencies such as Bitcoin, Ethereum, and Ripple, market updates, interviews of crypto industry experts, and Bitcoin and Crypto beginner guides. With a frequency of around 6 posts per day, it ensures the users have something new and interesting every time they come back.

4. CoinDesk

Founded in 2013, CoinDesk initially provided Bitcoin-related information to investors. The same year they created the Bitcoin Price Index which propelled it towards global attention. Today it is one of the most popular information service platforms for Bitcoins, Ethereum, and Altcoins.

Its popularity can be gauged from the fact that it is regularly quoted by international media and cited as a source by many other crypto websites.

The Consensus Summit which is one of the most popular events of crypto space has been founded and hosted by CoinDesk.

With over 10 million unique visitors, CoinDesk publishes news, views, research, and all that is relevant for a crypto investor.

5. Bitcoin Magazine

Vitalik Buterin the co-founder of Ethereum; the largest cryptocurrency by market capitalization after Bitcoin, co-founded Bitcoin magazine in 2012 along with Mihai Alisie. In late 2014 it was acquired by BTC Media.

It was the first publication in the world devoted exclusively to Bitcoin and continues to provide news, information, and expert opinion on Bitcoin, blockchain technology and the related industry.  

For investors both beginners and experienced, entrepreneurs and industry enthusiasts, the platform provides quality content. It not only covers the positives but also educates on the things to be careful of while investing in the crypto space. The magazines also produce a print version.

6. AMBCrypto

An independent news site, AMBCrypto founded in 2018 has emerged as a leading source of information for crypto enthusiasts across the globe in a short time. It focuses primarily on the US and UK markets.

From initially covering price-specific updates, the site has evolved to providing in-depth analysis including insights from industry leaders. It has dedicated sections on Bitcoin, Ethereum, Altcoins, and the latest happenings.

Currently, it has over 1.5 million monthly page views and 3000 Telegram followers whom it keeps updated with its well-researched and quality content.           

7. Bitcolumnist

In the deluge of online information, engaging the user becomes all the more important. Bitcolumnist is one of the most engaging cryptocurrency blogs there is. It also provides technology-focused news, in-depth guides, and comprehensive analytics to keep its readers informed.

Started in 2018, Bitcolumnist has rapidly become very popular. It is especially well known for its product and service reviews. It provides in-depth reviews about crypto wallets, crypto assets, and crypto trading services among other offerings in the cryptocurrency space.

They also regularly conduct polls thus allowing their users to play an active role in their content strategy.

8. Crypto Briefing

Like any lucrative industry, Crypto Industry is also very susceptible to scammers. Crypto Briefing was founded in 2017 with the goal of “highlighting the builders and calling out the scammers”.

With the help of its research arm SIMETRI, Crypto Briefing separates legitimate projects from scams. Within a short duration, it has grown into a valuable resource that helps its users to be able to distinguish projects worthy of their investment from the undeserving ones.

Summing it up

Cryptocurrency has taken the world by storm. While investing in cryptocurrency can get you high returns, it is extremely volatile too.

If a single tweet by Elon Musk led to the phenomenal overnight success of Dogecoin, his tweets also led to a significant reduction in Bitcoin’s price in just two days.

As the industry matures, crypto platforms will also increase multi-fold and many of them could be misleading. So other than understanding the cryptocurrency industry, you also need to calculate your appetite for risk and research your sources such as this, before making an investment decision. 

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Acquisition

TechX Closes Acquisition of Fiat-to-Crypto Merchant Services Gateway XPort Digital

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TechX Closes Acquisition of Fiat-to-Crypto Merchant Services Gateway XPort Digital

TechX Technologies Inc. (“TechX” or the “Company”) (CSE: TECX) (OTC: TECXF) (FRA: C0B1), a fintech company focused on traditional and emerging financial services such as payment processing, mobile payments and digital assets including cryptocurrency, is pleased to announce that it has closed the previously announced agreement whereby TechX has acquired all of the issued and outstanding shares of XPort Digital Limited (“XPort“).

XPort is a merchant services fiat-to-crypto gateway onramp solution offering credit card processing for cryptocurrency exchanges, wallets and other cryptocurrency businesses.  XPort’s credit card processing solution provides real-time competitive cryptocurrency pricing and low transaction fees. 

As per the agreement, TechX has issued 5,252,100 common shares to XPort shareholders at a deemed value of $0.952 per share for a total aggregate consideration of C$5,000,000.

XPort Digital Key Features:

  • Lightning-Fast fiat-to-crypto purchasing with competitive market prices and processes transactions below current market rates through our retail site, Buybitfast.com
  • Buybitfast.com will be launching in Q3 of 2021.
  • XPort’s merchant services also offers various integration methods for a customized widget solution for our partners to integrate and process fiat to crypto transfers for their users.
  • Merchant wallet hosting allows merchants to bring their own wallet or use the XPort Digital wallets and liquidity pool for token distribution.
  • Full-service merchant dashboard to view transactions, administer refunds, automated reconciliation and reporting features.
  • Instant KYC with real-time video and AI to confirm customer identity within seconds and allow customers to complete purchases within minutes.
  • Secure – Partners with acquirers that are PCI DSS compliant to ensure high security standards are being used.

“We are very pleased to begin the next phase of our growth following the completion of this acquisition. XPort Digital has continued to prove itself as one of the cutting edge industry leaders in the crypto space and a benchmark for performance,” said TechX CEO, Peter Green. “We look forward to working with XPort’s talented team to build a solid and profitable business that allows merchants, exchanges and other cryptocurrency businesses to connect their cryptocurrencies to the platform and embed our white-label widget in their platform.”

“The really cool thing about Buybitfast.com is that it’s not just only a really simple and user-friendly site, but it’s a testament to how our XPort Digital technology empowers our users and merchants to take advantage of opportunities to trade their crypto in this hot, fast moving market,” said XPort CEO, Aaron Carter.

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