BitcoinPanther
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May 26, 2018, 10:13:29 AM |
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I understand the convenience of being able to convert right away your coins/tokens into cash. But since you are being connected to fiat money. government rules and regulations should apply. To be fully operational, each government in every country needs KYC for every customer. So if you are going to be KYC free, then I doubt that the government will allow you to proceed with your project.
This question really caught my attention. That I am waiting also for an answer to this interesting question. We really need to clarify things to be able to fully support this project. Though, this is really a great and promising project for everyone in terms of converting our cryptocurrency. We also want to know if it is really feasible especially now that the government closely monitoring the crypto industry. They don’t need a kyc once you have a visa or mastercard you can just swipe it anywhere. They just need to operate on a country that doesn’t mind cryptocurrency. Also having visa and mastercard id an international thing. Government doesn’t have the rights to block those people that will have Cryptoriya master or visa card. Visa and mastercard is good as cash in almost all atm branches around the world i have never heard of any mastercard or visa card that did not do their client verification. the banks will never let you just take out money anywhere in the world without them knowing who's taking the money out of their vault, even though its actually your money, they still need to know who you are. Let us see how will CryptoRiya team will resolve that problem in the future. CryptoRiya is different from banks which are centralized. Therefore, let us also believe that KYC process is not anymore big deal to a project that has security and decentralized system. It very feasible even though we need to pass KYC/AML for this project. It's not a big deal with need to follow the rules, Well i guess we need to change our password and create new email address and don't connect it to your own email add. Crypto to cash anywhere without bank it's really possible just like converting it to gold and money. KYC is not just a rule imposed in a project, it is for the safetiness of the people. Because if all people are legitimate user of CryptoRiya, we can guarantee that we are using a service that is safe and secure. We don't need KYC but we need to have assurance that all user of CryptoRiya are legal. To break this ussue with/without KYC People can just fake etheir identity in internet it’s so easy for Cryptoriya to give visa or mastercard without KYC look at Centra they just issue cards without kyc on other investors Thank you for imparting your ideas about KYC and how the system will possibly work without KYC. Please let the information flow. I am monitoring this conversation to be able to understand more about KYC's Pros and Cons. CryptoRiya is a great project that is why I want to know more about how they will make things simple and easy. Criptoriya says we can cash out our money without using of KYC, but this is important, this is to identifying and verifying the client they used this to refer the bank and to anti laundering regulations which governs the activities. So what are you promising to entrust our money to be safe and to avoid this money laundering. As many may have read already from CryptoRiya's whitepaper, KYCs are not needed for regular debit cards whose monthly spend limits is at $30,000 which is under the radar of Money Laundering as it is not so huge of an amount so to say to be qualified as such. But that monthly spending limit is changed to "unlimited" when one opts for a Luxury Debit Card of which, is sensitive for money laundering issues, thus, CryptoRiya imposed a KYC on this part. With the above given, CryptoRiya is well in check of the possibilities of money laundering and placed enough limit and security to ensure customers and users are well regulated and compliant with governing financial laws.
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Nellayar
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Roobet supporter and player!
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May 26, 2018, 12:05:18 PM |
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Base on white paper cold wallet is a offline wallet for storage a digital assets on platform that are not connected in the internet, how can you say this is a 100% safe? And the wallet where you can storage over 1600 types of currencies in 1 wallet. I can’t imagine with the new technology in this millenial was so very techie.
As I can see with it mate this one is more like in Electrum wallet. Because Electrum is one of the cold wallet that can be consider or an offline wallet, meaning there is an instances that can be hack like what happened to others electrum users. But I am hoping this one is not the same with the electrum scheme. I do not yet encounter electrum waller since I am just using android phone. Having electrum wallet is my dream but when I saw your criticism, I think it is hard to trust in a cold wallet such as eletrum. However, I can modify this if I will testify that CryptoRiya is trustworthy even our wallet to this project is a cold wallet. I want to use cold wallet because I think it is more secure when our coins are far away from internet. Safe and secure, I am hoping that CryptoRiya will make that for us!
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xandiel01
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May 26, 2018, 12:28:42 PM |
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one of the good features of the cryptoriya is that the cryptoriya allows the people to hold their crypto currencies and sell it in a good price if the price of a certain crypto currency is high.
that is right and also the advantage off the cryptoriya is that you can encash or withdraw any form of the crypto currecies in to a real money. Cryptoriya, surely will have an internal exchange of coins to bitcoin so that they can easily change ot to cash. Cryptoriya is like your local exchange but this time Cryptoriya is international based where u can use visa or mastercard to withdraw. It’s the same with abra but with card for withdrawals Well, in this project, they will help a lot to the investors and crypto holders because in any place in the world they can withdraw their crypto, but i wonder if this is automatic change in local money when you go to other country, is their any process that can easily and fast to do to get money also?
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xamil
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May 26, 2018, 12:37:05 PM |
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Base on white paper cold wallet is a offline wallet for storage a digital assets on platform that are not connected in the internet, how can you say this is a 100% safe? And the wallet where you can storage over 1600 types of currencies in 1 wallet. I can’t imagine with the new technology in this millenial was so very techie.
As I can see with it mate this one is more like in Electrum wallet. Because Electrum is one of the cold wallet that can be consider or an offline wallet, meaning there is an instances that can be hack like what happened to others electrum users. But I am hoping this one is not the same with the electrum scheme. I do not yet encounter electrum waller since I am just using android phone. Having electrum wallet is my dream but when I saw your criticism, I think it is hard to trust in a cold wallet such as eletrum. However, I can modify this if I will testify that CryptoRiya is trustworthy even our wallet to this project is a cold wallet. I want to use cold wallet because I think it is more secure when our coins are far away from internet. Safe and secure, I am hoping that CryptoRiya will make that for us! We can't say or predict what will happen to our wallet, we do not know when the hackers attack, we need more secure our wallet when we open don't just trust the unfamiliar sites, cryptoriya will give us a chance to have a cash anywhere without bank, i want to try it as soon as possible if it is available in our country.
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Ola3
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May 26, 2018, 02:30:47 PM |
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Nice project, I hope in near future this project will be huge.
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makry007
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May 26, 2018, 02:34:04 PM |
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I watched the intro video and project looks so promising. I hope they finalize the project as soon as possible.
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kaizie
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May 26, 2018, 02:48:03 PM |
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The cryptoriya is a project developed by a group of best traders and specialists. work on the new generation of crypto exchange the goal is to enjoy or to be satisfy a potential customers'. Cryptoriya is an exchange platform with a decentralized network gives services for peer to peer and also peer to exchange.
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Read Our WHITEPAPER ((( BIDIUM ))) ICO Active | JOIN NOW! Revolutionizing Auction & Freelance Hiring with a Crypto Exchange Powered by Blockchain ███████████ | FACEBOOK | TWITTER | TELEGRAM | ███████████
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doandung
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May 26, 2018, 03:24:09 PM |
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URCRYPTOKNIGHT
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May 26, 2018, 03:38:19 PM |
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Base on white paper cold wallet is a offline wallet for storage a digital assets on platform that are not connected in the internet, how can you say this is a 100% safe? And the wallet where you can storage over 1600 types of currencies in 1 wallet. I can’t imagine with the new technology in this millenial was so very techie.
As I can see with it mate this one is more like in Electrum wallet. Because Electrum is one of the cold wallet that can be consider or an offline wallet, meaning there is an instances that can be hack like what happened to others electrum users. But I am hoping this one is not the same with the electrum scheme. I do not yet encounter electrum waller since I am just using android phone. Having electrum wallet is my dream but when I saw your criticism, I think it is hard to trust in a cold wallet such as eletrum. However, I can modify this if I will testify that CryptoRiya is trustworthy even our wallet to this project is a cold wallet. I want to use cold wallet because I think it is more secure when our coins are far away from internet. Safe and secure, I am hoping that CryptoRiya will make that for us! We can't say or predict what will happen to our wallet, we do not know when the hackers attack, we need more secure our wallet when we open don't just trust the unfamiliar sites, cryptoriya will give us a chance to have a cash anywhere without bank, i want to try it as soon as possible if it is available in our country. nothing is predictable but it is certainly worth trying Cryptoriya as this give a good hope for cryptocurreny if it become successful. Cryptocurrency is definitely known by now around the world but people are still having a hard time cashing out their cryptos, so having cryptoriya will be a dream come true.
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ysabel30
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May 26, 2018, 03:43:49 PM |
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one of the good features of the cryptoriya is that the cryptoriya allows the people to hold their crypto currencies and sell it in a good price if the price of a certain crypto currency is high.
that is right and also the advantage off the cryptoriya is that you can encash or withdraw any form of the crypto currecies in to a real money. Cryptoriya, surely will have an internal exchange of coins to bitcoin so that they can easily change ot to cash. Cryptoriya is like your local exchange but this time Cryptoriya is international based where u can use visa or mastercard to withdraw. It’s the same with abra but with card for withdrawals yes cryptoriya will have an exchange of its own, its like everything you want to happen in crypto rolled out into one. but they have offered services more than the current exchanges in the market are offering. its high time that exchange should be more than exchanges.
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franjohn
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May 26, 2018, 03:48:38 PM |
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there are lots of advantage of the crptoriya one off this is the p2p all crypto means to say that the cryptoriya project supports the exchange of any cryptocurrencies around the globe with zero fees, so is zero fees means for free?
This one applies only in transferring crypto from one wallet to another inside the platform. Sending it to other wallet in other platform will mean payment already. It is normal though it is better than other exchanges though some exchanges implement also the non payment wallet to wallet transfer. I would agree with some point but the thing here is are all countries will adopt crypto to cash system? Coz some countries will restricting this kind of technologies in the future, that's why they need to adopt a system that is something better for them. full crypto adaptation is still a work in progress but with projects like cryptoriya who keeps on innovating the cryptocurency market, the goal is within reach. people had already open their minds on how cryptocurrency can improve their life and finances, and cryptoriya will help them make everything easy between cryptocurrency and fiat conversion.
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sscnp
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May 26, 2018, 04:03:42 PM |
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I hope project success
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Monga12
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May 26, 2018, 05:23:04 PM |
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Excellent nice project.
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Arceusz
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May 26, 2018, 05:58:43 PM |
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I am so amazed by the cryptoriya project platform because of all project only the cryptoriya project has the physical depit cards that contains all of the coins you have,for me the cryptoriya project platfomr is very amazing.
That's right the platform of cryptoriya project is really amazing because this project will allow us to exchangeor convert any forms of crypto currency to a real form of money, this project is very cool.
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onionpealer
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May 26, 2018, 07:01:42 PM |
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I've seen this "MVP" in a couple of places but can't figure out what it exactly means, not just the letters but what is it all about, the web site still leaves me confused. a simple explanation would be good. http://www.cryptoriya.io/mvp/
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raven.tiu17
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May 26, 2018, 08:17:52 PM |
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I am so amazed by the cryptoriya project platform because of all project only the cryptoriya project has the physical depit cards that contains all of the coins you have,for me the cryptoriya project platfomr is very amazing.
That's right the platform of cryptoriya project is really amazing because this project will allow us to exchangeor convert any forms of crypto currency to a real form of money, this project is very cool. The project of Cryptoriya reminds me that we don't need a bank anymore just a peer to peer transaction. Just like a website of localbitcoins meetip somewhere else and exchange it with cash with your favorite crypto. This is huge in the next few years so pay attention with this project.
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joeljames23
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May 27, 2018, 05:01:19 AM |
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I've seen this "MVP" in a couple of places but can't figure out what it exactly means, not just the letters but what is it all about, the web site still leaves me confused. a simple explanation would be good. http://www.cryptoriya.io/mvp/Mvp most valuable player opps not that mvp, minimum viable product (MVP) its like they will lunch a product together with sufficient features to attract/satisfy early user's and after the result or after the MVP they will make a complete and final set of features that will design regarding to the response from the early user's ...
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kwendy
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May 27, 2018, 06:22:37 AM |
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It is my pleasure to see a project that looks like abra or coins.ph. Looks like similar but they are too different from this project. I believe that CryptoRiya wanted to have an efficient transaction for the people who uses cryptocurrency as well as fiat currency.
In some cases, many people will also hate CryptoRiya because they don't want fiat to exist anymore. And as a bridge between this two currency, many people will embarrass in this project. Yet, I don't care about them. As long as I am benefiting to what CryptoRiya platform had.
CryptoRiya has its own platform and a very useful for the people who are really want faster transaction, and in this project, people will easily withdraw a cash from card,without going to the bank or any part of moneychanger to get cash from their crypto currency.
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nkrypt
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May 27, 2018, 08:24:58 AM |
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as I read in white paper Cryptoriya allowed users to exchange their any crypto curency in real time. The users can spend or withdraw in the ATM and does not need to maintain a minimum balance. I must say sounds good, unlike in my country you need to maintain a minumum balance of 2k 5k 10k peso but if you have no money to maintain this kind of amount and you need the bank for remittance and now your card is closed, now they have Cryptoriya is the first blockchain offer this to make a new platform an easy access and less effort.
yes this is good features we have here but they maybe will have problem will some regulation in some country cause at this moment not all gov. agree and legally accepted crypto as payment also some of them not support for crypto transaction. cmiiw but after all this idea was kinda great it can cut a lot of rules just like you say Crypto to crypto, no prob, not sure about minimum balance for the card, though. There are disclaimers in the wp of all projects I believe regarding crypto as not being a security investment, and that some countries which ban it are not allowed to participate. However, cash is still legal there, and the card issued is also legal since it's visa or mastercard, so there is a possibility of directly using your card to to purchase probably with equivalent crypto amount in fiat.
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benalexis12
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May 27, 2018, 12:06:26 PM |
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as I read in white paper Cryptoriya allowed users to exchange their any crypto curency in real time. The users can spend or withdraw in the ATM and does not need to maintain a minimum balance. I must say sounds good, unlike in my country you need to maintain a minumum balance of 2k 5k 10k peso but if you have no money to maintain this kind of amount and you need the bank for remittance and now your card is closed, now they have Cryptoriya is the first blockchain offer this to make a new platform an easy access and less effort.
yes this is good features we have here but they maybe will have problem will some regulation in some country cause at this moment not all gov. agree and legally accepted crypto as payment also some of them not support for crypto transaction. cmiiw but after all this idea was kinda great it can cut a lot of rules just like you say Crypto to crypto, no prob, not sure about minimum balance for the card, though. There are disclaimers in the wp of all projects I believe regarding crypto as not being a security investment, and that some countries which ban it are not allowed to participate. However, cash is still legal there, and the card issued is also legal since it's visa or mastercard, so there is a possibility of directly using your card to to purchase probably with equivalent crypto amount in fiat. Probably we can use debit card for transaction anything that is legal by our government. Cash is legal i think coz we're using peer to peer transaction here. However there are countries that they ban crypto for transactions.
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