Aave pay a new online platform that allows users to pay with cryptos!
This was originally posted yesterday at whaleshares.io don't miss to visit it and create an account there!
A huge problem about cryptocurrencies that everyone faces nowadays, is indeed the mainstream adoption and of course spendability, here comes Aave pay to solve this problems wherever bank transfers are accepted.
Aave pay allows users to send or spend digital currencies which are converted and then transferred in the form of fiat money to the recipient’s bank account.
All this represents a real use case for the adopters that divided into two categories "private" and "business". Private users can transfer their crypto assets in their own bank account or pay bills, shopping, travel and a variety of other expenses, and business users can pay salaries, income taxes and corporate expenses.
For now with Aave pay you can use the following cryptocurrencies: LEND, DAI, Bitcoin, Ethereum, Cardano, Litecoin, Bitcoin Cash, Monero, ZCash, Dash, Lumen, Ripple and Tether, with more added in the near future.
The currencies you can spend/send your payments are the following:
EURO, Great Britain Pounds and Swiss Francs for IBAN accounts
United States Dollars for ABA accounts
Australian Dollars for BSB accounts
Indian Rupees for IFSC accounts
To use this options you have to sign up, providing your full name, email address, country of residence and citizenship, and also pass verification.
Once you done with the sign up, you are able to use the platform by setting the payment details.
Select the cryptocurrency to use
Choose the FIAT currency and amount
Set the recipient name and his bank account details or email
Send your cryptocurrencies to the shown address
With that, your payment is on the way and can take up to 1-3 business days for the transaction to complete. You can also track your transaction by using your tracking code in the tracking section!
The platform also offers lending service called ETHLend, a decentralised peer to peer lending platform that allows people all over the world to get a loan or become a lender.
You can find more about, in their official website here: https://pay.aave.com
Sponsored ( Powered by dclick )
Introducing DCLICK: An Incentivized Ad platform by Proof of Click. - Steem based AdSense.
Hello, Steemians. Let us introduce you a new Steem B...
This posting was written via
dclick the Ads platform based on Steem Blockchain.
Hi @cryptomaniacsgr!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 2.030 which ranks you at #25418 across all Steem accounts.
Your rank has improved 15 places in the last three days (old rank 25433).
In our last Algorithmic Curation Round, consisting of 208 contributions, your post is ranked at #203.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server