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There are several exchanges that are more like an exchange service. One of them is Localbitcoins, where we only find buyers and sellers. They pay a commission USD Payeer to the exchanger and they close the deal whenever they want. Some of the functions that cryptocurrency exchanges perform are recently performed by brokers.

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This is not surprising given its short history of not even 2 years. But we are much hopeful Payeer would soon be able to get the attention of the world and bag many awards on its way to success. Interestingly, it has not mentioned Payeer anywhere in its list of achievements, which leaves us questioning what could possibly be wrong. On the other hand, we failed to find a working website that could lead to Fincana Limited, the other partner company. But from what we know, this company has existed since 2019 and has no noteworthy achievements that can attest to its merit. Long story short, the history of Payeer is not extensive and hardly worth mentioning even if the payment processor heavily draws repute from its parent companies.

These include SWIFT for most of the world, FedWire for the US, EFT for Canada, FPS or CHAPS for the UK. Commissions will here range depending on the path used from just 0.09 cents to as much as $ 40. Care should be taken when checking such commissions and a minimum withdrawal amount should also be observed. This means that there is no need to burden yourself with opening a new account with some online payment system or other. Use your USD, EUR or RUB to buy and sell cryptocurrency at competitive exchange rates and with high maximums for verified accounts. Buy and sell major cryptocurrencies on one of the world’s most renowned cryptocurrency exchanges.

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Ensure additional security protocols are added to your account for accuracy otherwise you may struggle to reclaim deposits or withdrawals processed in error. Perfect Money is an established payment method at many global brokers, providing traders with a secure deposit and withdrawal system. Simply look out for the PM logo on your broker’s official website. Forex brokers that accept Perfect Money include AvaTrade, XM, and FXTM.

Payeer

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