Pexpay Cryptocurrency Exchange Review : Pros & Cons

About Pexpay

Pexpay started in 2021 with a simple aim to make cryptocurrency accessible to anyone, anywhere in the world by recognizing the importance of cryptocurrency and understanding the pivotal role of an exchange to the cryptocurrency ecosystem. Pexpay is a Seychelles-Registered cryptocurrency exchange platform focused on providing a safe and reliable trading experience for users in the Commonwealth of Independent States (CIS), Asia, and Europe regions.

It is one of the best P2P (Peer-To-Peer) trading platforms in the CIS region and has developed a suite of trading products for users including Spot, Futures, Convert, Savings and fiat on and off-ramp services. Pexpay has been developed with the latest security protocols in mind, ensuring that your user’s personal information and funds are always protected.

Information Table

How To Register At Pexpay Exchange ?

To register on Pexpay, click Register Now button at the top of the page. You can also start creating an account directly through the form on the main page.

You only need to enter your e-mail and come up with a password. If there is a referral code, it is also entered at this stage. Password requirements: at least 8 characters, numbers, upper and lower case.

Click ” Create Account ” then go to your email to verify it. Enter the code you received and registration is complete. You can start replenishing your account.

How To Verify Your Pexpay Cryptocurrency Account ?

There is no mandatory verification at Pexpay, but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of 0.18. In the future, depending on the actions of regulatory authorities, conditions may change.

For verification, you can use one of four documents to choose from: passport, driver’s license, identity card or residence permit. Artificial intelligence is used to evaluate the authenticity of documents. This service is provided by the Onfido online identification service, already used by the Pexpay, Revolut platforms.

How To Buy Crypto Or Deposit Crypto At Pexpay Crypto Exchange ?

There are two main options for topping up your balance on Kraken. Firstly, you can buy cryptocurrency with a bank card – it’s fast and convenient. Go to the ” Buy crypto ” -> ” Buy crypto with a credit card ” section.

Choose a cryptocurrency (currently there are 13 coins available for purchase in this way). Enter the amount and select the fiat currency to be used for payment.

After that, you will need to select a payment channel: each of them has conditions. You can choose between Simplex, Mercuryo, Banxa and Moonpay. Click ” Buy ” next to the appropriate option.

Agree to the terms and confirm the transition to the site of the payment provider. Enter information about the card and its owner, confirm the transaction. Cryptocurrency will be credited to the exchange account within a few minutes.

Second Method

You can transfer digital assets to the balance of the exchange from any external crypto wallet. For this:

• Go to the “Deposit” section from the “Assets” menu.

• From the drop-down list, you can select the cryptocurrency you want to deposit into your account.
• The wallet address will appear. You need to copy it and send funds to it from another wallet or exchange. Please note that only bitcoin can be sent to bitcoin addresses, similarly with other coins.
• You can also click “Show QR code” – for transfers from a mobile wallet, this is a more convenient option.

How To Withdraw Crypto Asset From Pexpay Exchange ?

Having completed all the necessary trading operations, it’s time to withdraw the received assets to an external wallet. Go to ” Assets ” -> ” Withdraw “. Please note that the operation is only available after enabling two-factor authentication in the settings. This is for added security and requires less than a minute, so don’t neglect this measure.

Select a cryptocurrency and enter the withdrawal amount. Each coin has its own withdrawal fee, for example, for BTC it is 0.00057 BTC. Click ” Output “. By default, the exchange processes applications three times a day, however, hourly withdrawals are available for Premium users. Also, the time of receipt of the cryptocurrency is affected by the workload of the blockchain network.

How To Secure Your Pexpay Account ?

Also remember to go to the Security tab and activate two-factor authentication using the Google Authenticator app – this is the most reliable way to prevent unauthorized access to your account.

Fees

Fees in the P2P market are 0%. Fees on the Spot market range from 0% – 0.750% (with 25% BNB deduction), Futures market range from 0.0200% (Maker) – 0.0400% (Taker) respectively. Free Bitcoin trading on the Spot market, and free maker spot trading for all BUSD trading pairs. Furthermore, users can receive 10%-25% off fees if they use BNB to pay.

Spot Trading Fees

Deposits and Withdrawal Fees

Pexpay Widget For Businesses and Crypto Projects

This feature enables crypto businesses to instantly provide buy-crypto services for their users via the Pexpay P2P Widget. A user-focused on-ramp solution available for all businesses in just a few clicks. Businesses will now be able to allow users to purchase crypto with 0 fees, without having to manage

Features Of Pexpay Crypto Exchange

Available At Android & IOS Store

Pexpay Cryptocurrency Exchange exchange application available on both world famous mobile store google play store and iOS store . You Can download App and start trading.

Easy to Use

Whether you’re an advanced or beginner trader, you have the power and freedom to invest in an ever-growing number of cryptocurrency pairs and leverage on a a selection of tools and features to chart your own financial growth.

User-focused

They value the community’s input. At Pexpay, this put users at the center of your product design and development.

24/7 Customer Support

Equipped with extensive product knowledge, your international customer support team is dedicated to understand your needs and provide personalized solutions to your queries and problems.

Multiple currencies

Pexpay allows users to send and receive payments in multiple currencies, including cryptocurrencies such as Bitcoin, Ethereum, and more.

User-friendly interface

The platform has a user-friendly interface that makes it easy for users to manage their accounts and send payments.

Fast transactions

Pexpay processes transactions quickly, allowing users to access their funds in a timely manner.

Low fees

Pexpay charges low fees for transactions, providing a cost-effective alternative to traditional payment methods.

Security

Pexpay implements strict security measures, such as two-factor authentication, to ensure the safety of users’ funds.

Integration with existing systems

Pexpay can be integrated with existing payment systems, allowing businesses to easily adopt the platform and offer their customers new payment options.

Customer support

Pexpay provides customer support to assist users with any issues they may encounter.

Pexpay Conclusion

Pexpay is a payment solution provider that offers businesses and individuals the ability to send and receive payments in multiple currencies, including cryptocurrencies. The platform aims to provide a fast, secure, and cost-effective alternative to traditional payment methods. Pexpay supports multiple cryptocurrencies, such as Bitcoin, Ethereum, and more, and has a user-friendly interface that makes it easy for users to manage their accounts and send payments.

Additionally, Pexpay implements strict security measures, such as two-factor authentication, to ensure the safety of users’ funds. Overall, Pexpay is a good option for those looking for a fast and secure way to send and receive payments in multiple currencies, including cryptocurrencies.