What is the focus of today’s review? Just another "buy-sell" platform for withdrawal of tokens in cash and on cards? I can assure you, dear reader, that this project will be interesting. And spending 5 minutes to read this article would definitely bring you a profit.
Withdrawal of money through an agent
You can not just press the button and - bang! all your virtual tokens moved to the wallet like bills. For the withdrawal of funds we use a variety of platforms, and CryptoRiya refers to such.
To convert e-currency into real currency, you will need to install the application on your mobile or desktop. Then you will see a menu with access to the deposit account of the platform, where you will put that part of the bitcoins or other coins you want to transfer to the fiat. After verification of the operation, this platform offers you to enter a one-time password, which will secure the transaction. This password is only valid for a specific case - something like SMS confirmation when you’re checking online banking of your bank_._
Such a high level of protection against fraud is provided for both client and agent. The agent is a person who withdraws money and receives a reward for these operations. The principle of cashing is the same as in WebMoney or QIWI systems. However, on CryptoRiya, personal meeting with the Agent is important: the system simply looks for the nearest person to you, and you agree on a meeting. At which the agent will give you the cash for the amount that is reserved.
Plastic is fantastic
Plastic credit cards have squeezed up tight and heavy wallets. This is also convenient in the case of crypto-currencies: after all, what is really the use of your virtual millions, if you can not pay the bill in the supermarket?
Therefore, along with cash-out in the CryptoRiya system, the issuance of crypto-currency cards is realized. Each time you pay for purchases or services, the system communicates with the partner bank and, having received the confirmation, exchanges part of the money from the crypto-currency purse. Payment is in the usual way. Everyone is happy.
ICO CryptoRiya
Token’s name: CIYA based on Etherium platform
Exchange rate: 1 ETH = 2000 CIYA
Pre-ICO Start: May, 15th , 2018
Pre-ICO End: Juny 20th, 2018
Token Sale begins on July, 1st****Exchange rate
Soft Cap / Hard Cap during pre-ICO: 0 CIYA
Amount of tokens allocated to ICO****: 15, 000, 000 CIYA or 15% of total amount
This is how they are going to distribute the tokens:
And this is the bonus overview at the moment I followed the campaign:
Features of CryptoRiya
- A single CryptoRiya Wallet for all crypto-currencies (more than 1600 types) is provided to give them a single valuation and to cash out the money immediately, without intermediate exchanges.
- Protection against fraud through smart contracts;
- Absence of intermediaries makes transactions free of commissions;
- In the long term, buyers can become sellers;
- Two types of credit cards (at the moment of this review), which we will now consider.
What are the functions of the both cards?
Regular Debit Cards
It is free in service and can be used daily. KYC is not needed here, the monthly fee rate is 0, -. Well, what do its creators earn?
Primary charge for issuance of 25 USD (in tokens);
Crypto To Card Load Fees 1.5%
What you can spend in shops and by other payments is just 8500 USD per day;
Also you don't succeed to withdraw more than 6500 USD per day ( paying 2% commission);
Maximum that you can output onto this card is 7 bitcoins, but sounds great for the beginers;
Monthly costs - no more than 30 thousand dollars.
Luxury Debit Cards
This product is for those who are no longer satisfied with such scanty limits. But here KYC is required. There are also various commissions:
The issuance costs $ 100 in CIYA tokens;
Crypto To Card Load Fees 1%;
What you can spend in shops and by other payments is quite enough 50000 USD;
Daily cash withdrawal limit 25000 USD (2% commission);
Maximum balance is already much higher here: 75 BTC.
For the Luxury card the owner have to pay $20 USD monthly, which will be charged in tokens.
About the team
Strong and successful people are involved in this project. Each one so hopeful, highly qualified specialists, and it took them less than 1 year to realize this blockchain platform. The project team is ready to bring it to a high level, no doubt. A separate success will depend on the work of the advisers, and there are quite a few of them:
Summary
Instead of suspicious individual accounts suggesting to withdraw the crypto currency into the cash money, it is better to use one reliable platform. CryptoRiya causes trust already on the pre-ICO stage, more information about the project you can get in their WhitePaper ( find the link below). Exchange of crypto currencies is already being done in very large volumes, so the future of the project is great. And it will allow owners of CIYA tokens to earn good. Of course, to participate or not - it's up to you!
Web * WhitePaper * Telegram * Facebook * Twitter * ANN * Bounty
Bitcointalk username: ashao1015
Profile bitcointalk: https://bitcointalk.org/index.php?action=profile;u=199332
ETH address(ERC -20): 0xA9BFD3D38156416eA00AF4BF17F19E382CD4d29F
telegram:
