PointPay Cryptocurrency Exchange Review : Pros & Cons

About PointPay

PointPay Exchange is a cryptocurrency exchange that allows users to buy, sell, and trade various cryptocurrencies. It was founded in 2018 and is based in Estonia. The platform offers a user-friendly interface, low trading fees, and high security standards.

PointPay Exchange supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, and many others. Users can make deposits and withdrawals in a variety of currencies, including USD, EUR, and GBP. The platform also offers advanced trading tools, such as limit and stop orders, as well as charting and technical analysis tools.

Information Table

How To Register At PointPay Exchange?

To register on PointPay , 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 PointPay Cryptocurrency Account ?

There is no mandatory verification at PointPay , but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of 0.01BTC. 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 PointPay , Revolut platforms.

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

There are two main options for topping up your balance on PointPay . 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 Bittylicious 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 PointPay 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.

Withdraw Limit & Fees

Features Of PointPay Crypto Exchange

User-friendly interface:

PointPay Exchange has a clean and intuitive interface, making it easy for users to navigate and trade on the platform.

Wide range of cryptocurrencies:

PointPay Exchange supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, and many others.

Low trading fees:

PointPay Exchange charges low trading fees, making it an affordable option for traders.

High security standards:

PointPay Exchange implements high-security standards to protect users’ funds, such as two-factor authentication and encryption.

Advanced trading tools:

PointPay Exchange offers advanced trading tools, such as limit and stop orders, as well as charting and technical analysis tools.

Multi-currency wallet:

PointPay offers a multi-currency wallet that allows users to store and manage their cryptocurrencies in one place.

Payment system:

PointPay has a payment system that allows users to pay bills and make purchases using their cryptocurrency holdings.

Debit card:

PointPay offers a debit card that allows users to spend their cryptocurrency at any merchant that accepts Visa or Mastercard.

Customer support:

PointPay Exchange offers 24/7 customer support to assist users with any questions or issues they may have

PointPay Conclusion

PointPay is a comprehensive platform that offers a range of financial products to help users integrate cryptocurrency into their daily lives. The platform includes a cryptocurrency exchange, a multi-currency wallet, a payment system, and a debit card, all designed to make it easy for users to buy, sell, and manage their cryptocurrencies.