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Author Topic: Which payment processor is least risky?  (Read 152 times)
SatHunter (OP)
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May 05, 2018, 10:06:05 PM
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Quite a while ago, for fun, I started playing in a russian mining game. But it went way better than I thought, and now I could take some money out. But payment options are ones I've never heard of. Which of these is most likely to let me actually end up with some money? Yandex, Qiwi, Webmoney or Payeer?
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May 05, 2018, 10:11:51 PM
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The most secure way to store whatever you have earned is bitcoin if the program support it. I think Yandex and qiwi is based on Russia and support bank withdrawal. Webmoney might also allow bank withdrawal but payer don't have that option for small amount. Go through each of them and check their withdrawal method and minimum withdrawal amount.
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May 05, 2018, 10:13:28 PM
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I should mention I'm in Canada, and can't do bank withdrawals in Russia. I need something that will eTransfer money to me, or at least allow me to spend the money electronically. Bitcoin would be fabulous! But no sign of it anywhere.
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May 05, 2018, 10:16:44 PM
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Webmoney is probably the least risky to use, however, there is a lack of automatic exchangers for it.

My recommendation would be to withdraw your money to Payeer. The company is pretty shady to say the least, but there is no risk of chargebacks and if your ultimate goal is to convert your earnings to BTC or other electronic fund transfers, Payeer probably has the most amount of automatic exchangers out of all of them, plus you're not going to be holding the funds for too long anyways.

Once you get your Payeer funds, go to bestchange.com and seek out the best rates. I would recommend selling for BTC first, then exchange it on Localbitcoins to your local payment method if that is needed.
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May 05, 2018, 10:27:26 PM
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By mining game, I suppose you mean investing in a company purporting to pay out profits made from mining? All four payment methods are pretty common with HYIPs and casinos, as magneto points out, Payeer has a shady feel but all are equally in the same bracket, if you ask me. Never had the chance to use them, but all the sportsbookies I use support one or more of the ones in that list, so I'm quite certain you'd be fine on any.

Suggestion: open an account at whichever you choose, ensure it is fully verified, ensure you'll never get any problems, and then request your withdrawal. How did you deposit, anyway?

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May 06, 2018, 10:53:23 AM
 #6

Webmoney is probably the least risky to use, however, there is a lack of automatic exchangers for it.

My recommendation would be to withdraw your money to Payeer. The company is pretty shady to say the least, but there is no risk of chargebacks and if your ultimate goal is to convert your earnings to BTC or other electronic fund transfers, Payeer probably has the most amount of automatic exchangers out of all of them, plus you're not going to be holding the funds for too long anyways.

Once you get your Payeer funds, go to bestchange.com and seek out the best rates. I would recommend selling for BTC first, then exchange it on Localbitcoins to your local payment method if that is needed.
Since op do live on canada then first 2 options arent included on the list which it would really end up for him to make use of payeer i do agree on suggestion dont hold your funds for too long in any of those payment processors and if you can able to convert it to bitcoin by means of other exchangers then you should do it then transfer it into your own bitcoin wallet.Any service would really have the risk thats why you should do steps as a precaution.

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May 06, 2018, 04:02:40 PM
 #7

Which of these is most likely to let me actually end up with some money? Yandex, Qiwi, Webmoney or Payeer?
Bitcoin would be fabulous! But no sign of it anywhere.
I use WebMoney on a regular basis (has BTCitcoin option [WMX]).

Take note: For unverified users (there are different verification levels with different limits for each), there's a limit in terms of the amounts you can trade/send.

Create a BTCitcoin purse (WMX) > After receiving the amount > Go to WMX > Click the big blue "Transfer funds" button > Exchange for BTC > Type your "Withdrawal Bitcoin address" > Send.

On a side note: They're quite strict, when it comes to verifying your account.

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LTU_btc
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May 06, 2018, 04:25:56 PM
 #8

Which of these is most likely to let me actually end up with some money? Yandex, Qiwi, Webmoney or Payeer?
Bitcoin would be fabulous! But no sign of it anywhere.
I use WebMoney on a regular basis (has BTCitcoin option [WMX]).

Take note: For unverified users (there are different verification levels with different limits for each), there's a limit in terms of the amounts you can trade/send.

Create a BTCitcoin purse (WMX) > After receiving the amount > Go to WMX > Click the big blue "Transfer funds" button > Exchange for BTC > Type your "Withdrawal Bitcoin address" > Send.

On a side note: They're quite strict, when it comes to verifying your account.
I also would recommend to use WebMoney because you can exchange your money to BTC. But verification proccess can be difficult, when I tried to verify my identity some their pages wasn't in English, luckily I understand Russian. And btw OP, which currency do you have on that game? If it's not BTC you have to create WMR (ruble) or WMZ (dollar) purse and only then exchange it to WMX.
You also can try Payeer.
I believe that Qiwi and Yandex Money don't have other withdrawal methods than bank account.

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May 06, 2018, 08:20:06 PM
 #9

Quite a while ago, for fun, I started playing in a russian mining game. But it went way better than I thought, and now I could take some money out. But payment options are ones I've never heard of. Which of these is most likely to let me actually end up with some money? Yandex, Qiwi, Webmoney or Payeer?

yeah as some of the previous recommended , Webmoney is the safest when it comes to Russian payment processors
Payeer is good for the moment , but Webmoney is way more trusted and you can count on them
the big names in gambling like pokerstars has always accepted Webmoney as well
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