A Comprehensive Review of PayAccept Platform
Good day to all readers and subscribers. Just want to start again the day on writing a full view review about a new project. Hope that you like this project and by any means you got interested feel free to check them out.
There are thousands of cryptocurrencies in the market already. There are platforms that suit the needs of a typical user. But you as a crypto enthusiasts, what are you looking for is it something like a platform that guaranteed your desire need. Of course everyone wants that. I do hope you can find this blog helpful to decide whether this project is worth your time, attention and money.
For starter kindly watch this video of the project to at least have a shoet background of what they can offer you:
Now, hows the short presentation? Cool isnt it? Why not we go to an extent of this project. Ops sorry forgot to mention the name. The project is called PayAccept.
WHAT IS PAYACCEPT?
Its a new platform intended to provide an all-in-one solution, a non custodial storage wallet offered to us to support different cryptocurrencies. I know it sounds common, but whats we should think is that PayAccept wallet will integrate a high quality security and allow users to trade among different crypto asset in one scoop using their interface. PayAccept offers an intuitive layout and reliable lightning fast network. But thats not all. We are only introducing the idea of what this platform can offer. Were just started and were gonna discuss a lot more of thr platform capability and exciting features a crypto user would be interested.
PAYACCEPT BEST FEATURES
Since the platform offer a digital wallet management. Id like yo share some of their features which a typical user would want to experience. But before that let me ask, are you interested with the platform or digital wallet that can be a gateway to your financial bank and vice versa? Usually big platform have this, but how often you find that on a common multi crypto wallet? Then let me share with you the strenght of PayAccept.
Im not going to mentioned common features but will share what I like about it.
The platform can link your 3 bank accounts directly to withdraw, spend, buy, sell, crypto, fiat vice versa without worrying on how you can do it.
typical interface works like udpated notification of any incoming outgoing transactions made, and live balance of your asset.
important details or report are arranged including daily, monthly in and out of funds.
Cold Storage, definitely a must need feature for every multi cryptowallet.
Non custodial wallet with the ability to provide you your own private key. This is important aspect on certain wallet every platform should have.
Actually when the platform goes live. Ive been excited to tried out this interface features to give out more review and feedback. Maybe I'll write more in the future what else should be divuldge in the platform.
The whole ecosystem of PayAccept will revolve on four major Pillars.
- PayAccept tokens
- Pay Card
- Pay of Sale ( POS)
- Staking
PAYACCEPT TOKENS - are the fuel of their platform. Using the whole ecosystem will give you privilege of earning loyalty points through pay tokens. As usual it will be the utility token to drive up the whole system from different activity you do. Its an erc20 token build on top of ethereum network. But I believe (assumption) they would integrate their own blockchain as you all know this platform is partnered with NextExchange that have their own NextChain. Anyhows, I wanted to be suprise too.
PAY CARD - will be the brand of the major network brand of PayAccept it will be in the form of Debit/credit card that will work like a traditional one. Yes it will be an easy access to your crypto asset that can be converted into fiat and vice versa. The team will integrate also QR codes and NFC chips to fully sync in their PayAccept terminal. Based on their roadmap the integration and issuance of the paycard are not announced yet but on September Pre registration are up for interested individuals. Sooner guys!
PAY OF SALE (POS) - Like a traditional point of sales. PayAccept will be a revolutionary platform integrate this through their merchants, partners and establishments. You can now eat on your favorite restauramt without any worry of paying points rather than cash directly from the PayAccept wallet
Of course there are privilege points awaiting you for this.
STAKING - Since Im always present and watching update on their telegram. They announced already the staking and will be live on August 1, 2020. How to participate, simply hold your Paytokens on your wallet and youll get 10% annually of interest directly to your wallet. Also if you want to earn more, be a PAYNODE hodler, youll have a chance to earn 50% annually but this is limited slot and only 10 people are guaranteed for the slot. There will be a required collateral of 45k PAY tokens for your to earn it.
If you happened to know more details on this aspect. I suggest to read their whitepaper for more information.
https://medium.com/payaccept/payaccept-whitepaper-1-0-20cfdb950480
CRYPTOCURRENCIES SUPPORTED BY PAYACCEPT
PayAccept wallet contains and supports 50 different cryptocurrencies. Well this include major coins such as Bitcoin, ethereum, probably ripple and many more. But as the time goes by, the team assured that these supported crypto will increased as they planned to incorporate many top coins/tokens in the future. If there are other tokens that you wanted to have Im sure PayAccept would be there to add it at a later time.
Now maybe its time to end this blog with updated details for the project.
As far as I know up to now, the team managed to secure few listing on different major exchanges such as Probit, Exmarket, NextExchange, HitBTC and recently announced Hotbit and Bilaxy. But the team guaranteed of more exchanges announcement so stay tuned. For more information kindly refer to the links below:
Website: https://www.payaccept.net
Telegram: https://t.me/payaccept
Bitcointalk: https://bitcointalk.org/index.php?topic=5255787.0
Twitter: https://www.twitter.com/payaccept
Creator of the Article:
cryptoaddictchie
https://bitcointalk.org/index.php?action=profile;u=1269701
Ethereum Wallet address: 0x2981f6554aC5519Fec7ba96a3A799d81C683199C