Money security and cash withdrawal tutorial: wallet transfer, C2C point-to-point transaction
September 8, 2020In the previous article, we introduced the four ways of cash in currently supported by coin security, so that you can start Canadian currency investment through coin security platform.
However, in investment, "giving money" is equally important. After all, money has its value only when it is taken back and used.
Therefore, this paper will introduce two ways of cash out: wallet transfer and C2C point-to-point transaction.
(if you are already familiar with Jinjin readers, these two methods have also been introduced in the previous article, and the principle is almost the same!)
The 20% discount code of coin security registration will be permanently reduced. The registration will be given us $1, and the real name authentication and transaction will be given us $5 again!
1、 Wallet withdrawal (transfer from coin security to external wallet)
2、 C2C cash withdrawal (transfer from coin security to legal currency back to account)
Note: common problems of C2C platform
summary
Relevant contents:
1、 Wallet withdrawal (transfer from coin security to external wallet)
This method is the same as the cash in method, mainly through the transfer between cryptocurrency wallets to complete the cash out method.
The following will take BNB as an example to see how to transfer cryptocurrency from "Coin Wallet" to "external trust wallet".
1. Enter the "cash wallet" page:
2. Find the item of BNB and click "withdraw" on the right:
3. Open your trust wallet and find BNB address and memo:
In BNB, you will see the options of bep2 and erc20, which can be selected according to the agreement on your original Wallet:
Bep2: agreement of coin security chain developed by coin security
Erc20: smart contract protocol based on Ethereum
4. Paste the transfer address on the coin security to complete the transfer
Copy and paste the address of the external wallet on the coin security, and enter the transfer amount at the same time to complete the transaction!
(the handling charge for cash out is 0.1%, priced in BNB, which is quite cheap)
2、 C2C cash withdrawal (transfer from coin security to legal currency back to account)
If you want to convert the cryptocurrency into "Taiwan dollar / US dollar" to pay out the money, this method can meet your needs.
The so-called C2C is the point-to-point trading platform of "legal currency and encrypted assets" provided by coin security.
Similar to the concept of online mall, different publishers can put cryptocurrencies on the shelf, and users can choose to buy them.
This method is very similar to "online shopping": you first select the currency you want to buy on the platform, and then the system will remit the transfer information. After you transfer Taiwan dollars (other currencies), the system will automatically put the encrypted currency into your currency security account!
C2C platform features the following:
The web version will be launched in February 2020
Free of handling charges
Support multiple currencies, including legal currency and cryptocurrency
On the C2C platform, there are usually "yellow check" and "no check" next to the name of the merchant (seller). The difference is that "the former is a merchant that has passed the verification of currency security and has paid a deposit", and "the latter is a merchant that publishes advertisements outside currency security and can be anyone". For buyers, it is recommended to choose those who pass the verification (with yellow tick) or have a high transaction rate.
Anyone on the C2C platform can sell coins on the shelves. For both buyers and sellers, they may encounter some disputes. Therefore, the suggestions are as follows:
Coin security is only a third-party platform. The whole matchmaking is a consensual transaction between buyers and sellers (just like online shopping), so we need to pay more attention.
You must complete mobile phone verification and personal identity verification before using C2C service.
Generally, there are "yellow check" and "no check" next to the name of the merchant (seller): the difference is that the former is a merchant that has passed the currency security verification and pays a deposit; The latter is a business that publishes advertisements outside Qian'an, which can be anyone.
For buyers, it is more secure to choose sellers with "yellow check" or high transaction rate. Please keep in touch with the merchant at any time to confirm the transaction status during the process of buying money.
For sellers, sometimes they may receive black money from unknown sources. If they collect money rashly, they will face the situation that their bank accounts will be frozen, because this may be money laundering by fraud groups through Sellers on C2C. In case of such situation, the seller can cancel the transaction independently and suggest immediate response to coin security customer service.
For users who deliberately do not buy and cancel their orders more than three times on the same day, money security will prohibit transactions on the same day. If this is done for two consecutive days, it will be blacklisted and the use of C2C platform will be permanently prohibited; Five transactions with a 7-day completion rate of 0 will also be blacklisted.
