Intuitive Cryptocurrency Wallet with Withdrawal to a Bank Card with UnionPay

From [d/dn] wiki
Jump to navigation Jump to search

At the moment, cryptocurrencies are very tightly integrated into the life of every inhabitant. However, sometimes it is very difficult for us to control our personal finances, because money is accessed from different systems. Suppose one type of cryptocurrency is in one wallet, some other variety in the second, some money is placed in an account in an exchange, fiat money somewhere else. The financial service Vexel, available on, helps customers manage their money from one place. How does it work and is it really convenient and profitable to work with the service?

Initially you have to open an account with the service, then if necessary you can verify your identity to expand your payment limits and activate some additional options, let's say using a bank transfer.

Vexel customers have the ability to deposit fiat funds and exchange them for crypto. To buy crypto from the system, users can use their Visa or MasterCard bank card. Plus, it should be noted that accepting cryptocurrency to their wallets in the service is commission-free.

It is possible to withdraw money from Vexel to third-party cryptocurrency wallets, these can be private wallets, balances of exchanges, other financial systems. Currency conversion is usually done on a derivative basis. Vexel customers can withdraw funds to Visa, MasterCard, UnionPay and other debit cards. The system also allows SEPA transfers to personal bank accounts.

The service has a unique feature, it is possible to make intra-system transfer to another client of the service quickly and free of charge. Users can quickly exchange their personal funds in different directions, for example, to change fiat money into Monero, the transaction will be carried out at a special system rate. Soon it will be possible to take a loan directly in the system, or send part of the funds to a deposit and earn interest. Due to the rich variety of various instruments this service is called one of the most promising in the financial sphere.