XCH4NGE, a P2P platform based in the UK, will now be beta testing its new way to sell in January 2019.
Traditional users of platforms such as Local Bitcoins, have to manually verify customer ID and confirm they have received funds for the crypto into their accounts. This leaves the onus on the user to eliminate fraudulent transactions which is a huge risk.
XCH4NGE have created a revolutionary new method utilising its multimillion pound platform and state of the art technology.
How? Good question!
Firstly, XCH4NGE is not limited to just Bitcoin only. Offering four other major currencies including Ethereum, XRP, Litecoin and Bitcoin Cash, XCH4NGE offers users the flexibility to buy and sell assets all in one place.
Secondly, all users on XCH4NGE are verified to the same level as that used by banks and other financial services, using a well known third party software. This eliminates risky transactions by confirming identity, home address and bank details prior to users being granted access to the platform.
Thirdly, since the buyers pay into XCH4NGE first, and then funds are released to you directly from XCH4NGE’s verified bank account, as a seller you have assurance that the money is coming from a safe source eliminating the normal risk attached to accepting crypto payments via traditional methods.
We are now actively looking for beta testers to be the first to test the new method.
How Does it Work?
1. Seller completes Profile.
2. Seller lists their crypto for sale.
3. Buyer visits site and places a buy order.
4. XCH4NGE advises buyer to transfer money to XCH4NGE for the amount of crypto bought.
5. Payment is received into XCH4NGE account, and crypto is released from sellers account to Buyers account.
6. XCH4NGE transfers funds to seller. This can be set as single payments, daily or weekly batch payments to suit the seller.
Benefits for Sellers:
1. Safe source of funds.
2. All ‘Know your Customer’ requirements carried out by XCH4NGE.
3. No need to stay logged in, XCH4NGE does the work for you.
4. SMS and email notifications of sales.
Benefits for Buyers:
1. All ‘Know your Customer’ requirements carried out by XCH4NGE.
2. Ability to purchase from several different sellers with one bank account to pay into instead of setting up several payees.
3. Transactions are swift.
4. SMS notifications.
To learn more about our new service leave comments below or contact us by email at
support@xch4nge.comStart
Buying Bitcoin today.
