Pros and Cons
Pros
- Users can trade and exchange cryptocurrencies
- Regulates by VFSC and MEAC
- A global reach of 117 countries across the world
- Compatible with mobile devices
- Competitive commissions
- High focus on security and privacy
Cons
- Irreversible transactions
- Lack of transparency in fees
Accounts Types
Payeer allows you to choose between two types of accounts: Personal and Business accounts. The account you choose will affect the fees and features you’ll enjoy. If you opt for a personal account for your transactions, you will enjoy low fees and access to most features offered by the platform. The accounts also support international payments. A business account varies a little from a personal account in terms of fees and taxes. Nevertheless, you’ll be able to transact money both locally and internationally. The extra fees and taxes prevent account users from using it for money laundering.Currencies and Trading
Payeer was designed to support cryptocurrencies transactions. The platform supports seven cryptocurrencies. They include:- Bitcoin
- Ethereum
- Bitcoin Cash
- Dash
- Litecoin
- Tether
- Ripple
Deposits and Withdrawals
As we said above, Payeer supports several payment options. You can deposit fiat currency using the various methods, including:- QIWI
- Perfect Money
- Visa, Maestro, and Mastercard
- Advcash
- Perfect Money
- Ukrainian Bank
- MasterCard Int
- Payeer
- Advcash
