Cryptocurrencies make it easier to transfer funds between two parties in a transaction; these transfers are facilitated through the use of public and private keys for security purposes. These fund transfers are done with minimal processing fees, allowing users to avoid the steep fees charged by most banks and financial institutions for wire transfers.
In this guide, we'll explore the cryptocurrency applications available today for storing your digital wealth. If you prefer to hang on to your digital assets, you'll need a secure wallet to which you can transfer your virtual coins.
Founded in 2013, Cryptopay is one of the most popular and established digital currency service providers in Europe, It has a broad range of services for the digital currency world - starting with merchant services for bitcoin transactions and building on that to a full digital assets wallet with a prepaid card and payment services.
Here are some facts about Cryptopay’s current business:
- Established in 2013
- Headquarter is based in London
- Three offices worldwide
- 56 full-time employees
- More than 450,000 users registered
- More than 91,000 cards issued
- Monthly volume of transactions is over 22 mln EUR with a sustainable
growing trend - Profitable and cash flow positive since 2016
- Fully compliant with EU Data protection legislation
- FCA registered small payment institution
- PCI-DSS Level 1 certified
What you can do with Cryptopay:
- Send, receive, store, exchange in all-in-one Platform
- Buy and withdraw cryptocurrencies to your personal SEPA bank account
- Buy bitcoins with a bank card
- Order a plastic or virtual prepaid card to easily spend cryptocurrencies in everyday life
- Open a corporate account and accept bitcoin payments from your customers
A Bitcoin Wallet at Your Fingertips
Cryptopay Bitcoin wallet provides an easy way to buy, store and send bitcoins all over the world. Enjoy convenient deposit methods in major fiat currencies or hedge against price fluctuations using Cryptopay Flex Accounts.
The system makes it easy to convert your bitcoins into the fiat currencies that supported. Use this to secure your money against bitcoin price fluctuations. Send your bitcoins to anyone! Convert them into GBP, USD or EUR and pay with card at businesses around the world.
With charge only 1% fee to convert to or from BTC. That’s it - no hidden fees, and the price is always fair. This simple pricing system makes life easier for everyone and you get to keep more of your money. Take advantage of Cryptopay instantaneous conversions and have your money go further.
Order Cryptopay prepaid card and withdraw funds in your local currency instantly at any ATM. You don’t need to wait for your funds to arrive at your bank account. You can also use the card to make purchases both online and offline.
How to start using a bitcoin wallet?
Create an Account
Get Verified
Add Funds
Get Bitcoins
Products Under Development
Card Programme
Even before Cryptopay cards were temporarily shut down at the beginning of January, the team had already been hard at work developing a new and improved card programme for customers.
Bitcoin Stock Brokerage
Currently, Cryptopay CBDO George Basiladze together with legal advisors are working on the compliance and regulatory framework for the brokerage business model. You can expect more information to be released as we make more progress on this new service.
CPAY Initial Coin Offering
ICO is an opportunity to participate in the early development of cryptocurrency business, First and foremost, choosing a token or initial coin offering (ICO) to invest in is no different than buying a company stock or other asset. Doing so requires research, an awareness of specific goals, and an analytical assessment of profits and earnings. A quick snapshot of the industry reveals several promising options, including CPAY.
CPAY ICO proved highly successful, which was finalized back on October 30, 2017. The ICO was designed to expand the team’s crypto products suite, having since grown out of an initial Bitcoin payment gateway.
Beyond the high equity of growth potential, blockchain companies also see a number of strong considerations as well. Dividend yields can certainly make or break the attractiveness of a given company or token, and in this respect Cryptopay’s tokens (CPAY) fit the bill. Currently, CPAYs can be found on HitBTC and IDEX exchanges also coming soon on TIDEX exchange and in the nearest future, the list of the available trading places should be widened to include other venues.
HitBTC
IDEX Exchange
CPAY Token Listed on Coinmarketcap
Token Holders Rewards
Holders of CPAY tokens will receive monthly referral commissions. Starting from January 2018, 10% of the aggregate revenue from existing and newly developed products will be distributed every month to holders of CPAY tokens pro rata. According to the current performance of the business and latest medium-term projections, the suggested referral commission is equal to a competitive passive income on publicly available investment schemes. You can find the latest revenue share blog post on Medium https://medium.com/cryptopay/may-2018-revenue-report-analysis-95000eb7e605
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