Yesterday PayCent announced that they are moving to the Binance platform.
With the stated goal of moving to the Binance dex, this would further allow the native token of PYN to gain more liquidity as well as get greater recognition of the PayCent ecosystem. Being associated to the largest crypto exchanges, gives PayCent recognition of what its services is.
While maintaining the appropriate KYC requirements to function as a go-between crypto and fiat. PayCent solidifies its position as one of the projects ready for the transition to a world of cryptocurrency.
About the PayCent Products
What does acting like a go-between mean for PayCent?It means that once you do KYC with them, you are able to access traditional payment methods (credit card etc). With which you can load with crypto, so you can keep private with whom you share your info!
I view PayCent as a crypto bank account. Similar to what Coinbase wants to be, PayCent exists without the need for bank accounts. Users are able to send and receive money quickly.
By being a go-between crypto and fiat, PayCents become a mobile bank account. Offering different levels of cards, like a traditional bank, except your now banking with crypto. Instead of fiat!
On top, you can see how easy and intuitive it is to request money. The send money screen is basically the same.
SIP US, is the value in US dollar that you are sending. Simplifying trade to one denomination.
You can top up your wallet with crypto as well as through the following:
With a mixture of traditional ways to top up a card, Paycent also allows for the following #cryptocurrencies
Bitcoin, Ethereum, PYN (paycentos, their token) Binance (BNB) CHE (cryptoharborexchange) Dash, LTC (Litecoin), XRP (ripple), Steem, Electroneum, digibite, and Groestlcoin
Soon, XVG will be listed on there! So make sure you get your card before it does!
Here is a look at the online cards available via the PayCent app.
Beside these, PayCent offers a real cards, Mastercard, the UnionPay International and the UnionPay China card. You can view all the fees here. https://paycent.com/paycent-card/
Verge & Paycent
On this note, I want to add that I, Alex (XVG_Ninja) will be joining PayCent as an advisor, in order to help them reach their potential towards Mass Adoption. Working with PayCent allows me to help align both the vision of Verge with the goals of PayCent.
As an advisor to PayCent, I will be focusing on increasing awareness of the PayCent product range within Europe, which will be a great way to increase the visibility of Verge and our quest to build a currency that can be used for everyday use.
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