Despite the rapid spread of digital assets, many companies still continue to work exclusively with fiat money, allowing maximum non-cash settlement when making a payment. This approach to business, firstly, deprives an entrepreneur of an additional sales channel, and secondly, creates inconvenience to customers with the need to convert digital assets into cash. There is a fair question - what prevents to additionally use cryptocurrency when making payments, both on the part of an entrepreneur and a buyer? After all, an additional way of remote payment is so convenient. Two factors usually prevent from the use of cryptocurrency - the risk of running into scammers and the high cost of exchanging fiat into digital assets. CryptoRiya platform has proven itself as a reliable partner, providing a high level of security and adequate prices.
Key features of CryptoRiya
CryptoRiya platform represents a full range of services in relation to cryptocurrency. The ability to make purchases and accept payments, convert to fiat and withdraw cash from any ATM of the world, make transfers to anywhere in the world - all this is available on the project. The project is based on blockchain technology, which ensures the safety of these operations and their high speed. The goal of CryptoRiya is to simplify the work with digital assets, introducing them into everyday life.
Advantages of using CryptoRiya
CryptoRiya project offers a useful, simple and safe product for working with digital assets. The ability to work with all assets within a single wallet is incredibly convenient. Thanks to direct transactions without intermediaries, a user will be able to save on commission fees.
It is not necessary to open a bank account when working on the project. The conversion of digital assets into fiat will be performed with the direct us of ATM. A client needs to open personal account, select the necessary amount of cash for withdrawal and artificial intelligence will automatically transfer this amount to the number of tokens to be withdrawn.
Customers have CryptoRiya debit card to conduct exchange operations, which does not require KYC registration. Also, the card doesn’t charge customers for service, and can be used at any time. The fee to issue a card is 25 dollars. The card has restrictions that relate to the amount of purchases (the maximum amount per day is $8,500) and a cash withdrawal limit (a maximum of $6,500 per day). The total spending limit for the card should not exceed $30,000 per month. It should also be noted that a 2% fee is charged for withdrawing cash.
For global customers, CryptoRiya presents premium-class debit cards with the following parameters. The issue price is 100 dollars. Daily purchase restrictions are $50,000. The limit for withdrawing cash is $25,000 per day with a commission of 1% of a transaction amount. This card needs a KYC registration. Commission for service is $20 dollars a month.
Currently, the platform supports more than 600 types of cryptocurrency. Cash withdrawal involving the conversion of cryptocurrency takes from 10 to 15 minutes.
Cryptoriya cryptocurrency
To perform calculations within the platform, CIYA token is used, based on Ethereum. The preliminary sales on the project are over. Until August 14, the main crowdsale is in process, when it is possible to purchase 2,000 CIYA tokens for 1 ETH. The softcap of the project is $1,500, the hardcap - $25,000. The minimum purchase amount is 0.1 ETH. A total of 55 million tokens were allocated for sale.
Summary
Thus, Cryptoriya project is a stock exchange for cryptocurrency without intermediaries. The work on the project started in July 2017, and at the moment P2P is already available for exchange on the web version of the project. Public issue of the card and wallet will be held in August. In a year, the platform plans to increase the number of users to 10 million, and the number of daily transactions - up to 100 thousand. Convenient interface, safe operation with the use of blockchain technology and smart contracts will ensure high speed of operations and increase the level of confidence of users in cryptocurrency.
Links:
Website: https://www.cryptoriya.io/
WhitePaper: https://www.cryptoriya.io/whitepaper.pdf
Telegram: https://t.me/cryptoriya
Facebook: https://fb.com/cryptoriya
Twitter: https://twitter.com/cryptoriya
Medium: https://medium.com/@cryptoriya/
ANN: https://bitcointalk.org/index.php?topic=3808463.0
Author: https://bitcointalk.org/index.php?action=profile;u=980049
ETH: 0xda2574CFeB7De808c08E542000E62C4949ee3233
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.