After having built a solid foundation consisting of a wide array of payment processors and options for purchases and withdrawals in US Dollar (USD), the time has come to meet the widely expressed request for Cryptocurrency payments via Bitcoin (BTC), LiteCoin (LTC), Bitcoin Cash (BCH) and Dash, with the possibility of even more Coin additions later.

What's in it for me?

Cryptocurrencies can be pretty useful, since they are not bound by demographic limits, they offer a high degree of anonymity and privacy, provide autonomy to users over their own money, take advantage of encryption to secure transactions and enhance safety, allow everyone to choose and use any wallet they like and the transactions are final and are not controlled by any central authority (i.e. a bank or government).

In our ecosystem, they will offer benefits, such as:
-Enabling transactions for users from countries not supported by the traditional payment processors.
-Allowing users who desire full privacy to always make their transactions in a discreet way.
-Allowing users who wish to use Cryptocurrencies for purchases to buy their Coin(s) from any service(s) they wish to.
-Allowing users to receive funds to their own preferred personal wallet(s) that cannot be controlled or limited by anyone else when cashing out.
-Allowing users to cashout or make a purchase whenever they think Crypto prices are favorable.

How does it work?

It is rather simple. For purchases, you just need to click on the “₿ Crypto” button on any page where you can make a purchase (such as the upgrade page, the rental balance page, the advertisement exposure click packs page, etc.), select the amount of your purchase in USD, and select the Coin you wish to use (currently BTC or LTC or BCH or Dash).

Upon selecting the desired Coin, the system will automatically show you the amount you should send from your Crypto wallet and the receiving address. Finally, all you have to do is to use your Crypto wallet to complete the payment within 10 minutes and wait for the first blockchain confirmation when your purchase is automatically credited.

The QR code and the easy way to copy / paste the value and the receiving address will minimize the possibility of a mistake. Even if a mistake is made (such as a wrong or late payment), the system will automatically issue a refund within a few days.

Cashouts are not yet ready, but they will be enabled before the end of summer in a similarly simple and user-friendly way. You will be able to select the desired Coin option in the Cryptocurrency group upon requesting your payment to see how much you will receive in your Cryptocurrency wallet and finally confirm the cashout and wait for the blockchain confirmation.
Before the first cashout, it is necessary to add your BTC or LTC or BCH or Dash address to your personal settings and save the changes. Those changes will require 48 hours to finalize, as usual.

Waiting time and Fees

The value of Cryptocurrencies is volatile because it depends on many factors and this is why there are discrepancies in Coin prices across different brokers and exchanges. That means you may see different values if you check on 3rd party brokers and exchanges and that is something normal for the Cryptocurrency market.

The fee for purchases will consist of an 1% processing fee, a conversion exchange fee between 2.3% and 3% (since the final value has to be in USD), plus the miner fee, which will be determined by the user or user’s wallet and will affect the waiting time for the blockchain confirmation.

The fee for each cashout will be 1% plus the miner fee, which will be decided at the time of cashout by using an algorithm configured to lower it as much as possible without risking a possible transaction failure due to the lack of a blockchain confirmation. Both purchases and cashouts (when implemented) should not take more than 24 hours to be processed and completed, unless a very low miner fee has been selected.

Keep in mind that the miner fee is directly affected by the current offer and demand in the Cryptocurrency market, thus it might go up or down at any time.
If the miner fee is too high (a problem that occurs sometimes with Bitcoin, but very rarely with all the other Coins) at any given moment, the user can always wait until it comes down again before making a transaction.

Epilogue

Having Cryptocurrencies as an additional payment solution not only expands the available methods for making purchases and withdrawals, but also provides us with additional means to increase our accessibility worldwide and further contribute to our goal of always offering you the best methods of safeguarding your privacy.
Moving forward is not always easy, but our users' support and feedback is our driving force. We'll stay in touch with more news and developments in the future.
Until then, enjoy your summer!

P.S. This topic will be updated before the end of the summer, as soon as cashouts via Crypto will be enabled.