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It happens through certified exchangers available on the dashboard. For instance, you need to choose your preferred crypto account, following which, Payeer will give you a unique virtual address specific to the cryptocurrency you select. Get notified about the money debited from your fiat or crypto account and credited to your Payeer account. Choose your preferred fiat account from the list of available accounts. Your name and residential address on it should be in the English language. Uploading an old proof of address or a blurry one might get your verification request rejected.

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As an FCA-registered firm, it is no wonder that EXMO requires you to verify your identity before you are allowed to start trading. In order to verify your identity, you need to navigate to ‘Account Verification’ from the drop-down menu on your profile logo on the top-right corner of your screen. Next, you need to verify your email address in the email sent to you by EXMO. Once you have verified your email address, you are then transferred to the trading dashboard.

These minimum requirements vary depending on the fiat or cryptocurrency you select, and you can see a sample of Livecoin’s limits in the table below. Reputable exchange service with experience of work since 2021 and 4800+ positive responses. Applications are carried out in a semi-automatic mode.

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In that regard, eToro is considered the most well-known social trading platform in the world, and its CopyTrade tool comes at no cost and is known as the best in the industry. In terms of functionality and user experience, the EXMO mobile app is very intuitive and has a great rating on all stores as well as on TrustPilot. On Google Play, the EXMO mobile app has a score of 4.7 from 1642 reviews, on Apple Store a review of 3.6 from 23 reviews, and on TrustPilot a rating of 4 from 216 reviews. When it comes to the security of the EXMO wallet, this should be seen as a high priority. And, though EXMO is considered a reputable, trusted, and regulated digital assets exchange – we still recommend that you transfer the funds to a cold wallet where no one can steal your coins. After all, this is a small exchange that stores some of the clients’ funds on hot wallets and experienced a security breach last year in which 5% of total assets stolen.

Indeed, this is the era of mobile banking and e-wallets. However, the competition has created quite a whirlwind where another form of payment has gained considerable momentum – cryptocurrencies! But they cannot be kept out of the discussion when the talk is about the global banking segment. You have 7 days to activate the bonus, once activated welcome spins must be used within 24 hours.

Always read the fine print and terms and conditions of the payment processor as well as the gambling site to clear all doubts. Wait for the money to get instantly debited from your Payeer wallet and credited to your gaming account. Apart from its B2C banking method, Payeer also offers a B2B solution for businesses that need to accept payments online. Such business payeer ghana entities must become a Payeer Merchant first to avail of this product, which is a simple to use API. Clicking on the ‘Exchange’ button would take you to the fascinating Trade platform on Payeer’s dashboard where you can view the current exchange rates and price graph. The steps for funding your Payeer crypto account are similar with slight differences.

Instead, eToro offers commission-free trading or in other words, you do not pay any fees when you go in and out of a position. Further, the payment fees, as well as additional fees at eToro, are substantially lower than at EXMO. Overall, EXMO is a great cryptocurrency exchange and is a legit choice for UK investors that want to trade cryptocurrencies with UK registered exchange. But, if you still have doubts about this exchange, and you prefer to find a cheaper trading platform, we are going to compare EXMO to another FCA-regulated, eToro.

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However, for large volumes, the payment processor might ask you several questions to ascertain the security of your account. The site is protected from DDoS attacks, which tells us carrying out financial transactions via Payeer is safe. Payeer’s fees for transactions are competitive and among the industry lowest. Opening and maintaining an account come at zero costs. Internal transfers and trading operations might attract a small fee.

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