PayAccept is a personal wallet that has a brilliant function

in #financial4 years ago

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In the cryptocurrency world, today wallet has become an important focus, especially in recent times. the problem is that personal wallets are a place to protect assets that can still be relied upon. Too many problems with hacking the crypto market make people start thinking too risky of storing their coins in the market today. so a personal wallet is a solution to addressing their worries. but coins will not always be in the wallet, for sure someday if needed they will be transferred to the market for sale. So this is a new dilemma, too many costs just to secure the current assets. if there is a personal wallet that can be used for coin sellers like the crypto market in general.

Seeing this problem people are starting to think DEX is the answer. With DEX They don't need to move coins from a personal wallet just to sell their coins. but this way creates new problems, we have to import private key wallet to DEX just to sell coins. Too risky, what if the DEX is a Scam? there have been many cases of DEX scam. In the beginning, all went well, but when DEX had many users then the owner/developer acted. And seeing this, I don't think DEX is a solution either. DEX is just a desperate choice because there is no other way to solve the current asset security problem.
If there is a wallet where users take full control of their wallet. but at the same time, they can sell coins on the platform, without transferring their coins out of the wallet. and surprisingly it turns out that, a wallet like this actually exists. The project is called PayAccept, a wallet that provides various benefits for users without reducing the security level of their platforms.

PayAccept is a personal wallet, where users have full control over the wallet. each user creates a wallet, they will get a private key. Where the privatkey is important because this is proof that users have power over their wallet. Unlike digital wallet in general where users do not get Privatkey. On this platform, all users will get Privatkey every time they create a wallet. not only that but PayAccept also not like a personal wallet in general, which can only store two or three coins. but here they support dozens of crypto coins, amazing right?


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Try to imagine a personal wallet that supports dozens of crypto coins and they can make FIAT withdrawals or sell coins directly on the wallet. this already feels like the crypto market but with a wallet that is fully controlled by the user. Apparently, nothing is impossible if we talk about blockchain, there is always a solution for every problem related to this technology. it's only a matter of time until a solution is found.

Back to the previous topic, what is PayAccept? Where are these projects from and where has their platform been developed?

As I said earlier, PayAccept is a project focused on personal wallet development that supports dozens of crypto coins. in our wallet, users will have full control over their wallet. One of the advantages of this platform is that it withdraws to local banks and instant trading for crypto coins. on the PayAccept platform, we can also cross transfers, where we can choose what coins to accept. For example, if we transfer LTC coins to the PayAccept wallet. When the coin has entered into pallet we can choose another coin that we will receive. Like LTC to ETH or BTC to DOGE and others. this is one of the good advantages in my opinion because it can streamline the coins that will be stored in the wallet.

With PayAccept we can also make payments online or offline. This is one of the interesting things where this wallet can be used as E-Money. You can pay for your purchases using crypto coins that you store in your wallet. All transactions will be calculated based on FIAT, so when you pay using crypto, crypto will automatically be converted to FIAT with a realtime rate.

PayAccept is a project originating from the Netherlands and has been registered there. Currently, they will do token sales. To mark the official launch of the PayAccept project. In token sales, they will sell PAY tokens. PAY Token is a coin made using Smartcontrac ethereum. So, of course, Blockhain that will be used is the ethereum blockchain.

The main function of the PAY token is to reduce the fee for each you do such as transferring or withdrawing to FIAT. So using a PAY token, the fee that will be charged will be cheaper than not using it. There are many more functions of the PAY token, you can find out yourself on the official PayAccept website.


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And that's the short article this time. if you are interested in the PayAccept project and want to learn more about it, my advice is to read their Whitepaper. there is a lot of information about PayAccept that I did not write in this article. see you in my next article and thank you.

https://www.payaccept.net/
https://t.me/payaccept
https://www.twitter.com/payaccept
https://www.facebook.com/payaccept.net/
https://linkedin.com/company/payaccept
https://medium.com/payaccept/payaccept-whitepaper-1-0-20cfdb950480
https://bitcointalk.org/index.php?topic=5255787.0

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