CRYPTOCEAN
SUMMARY
CRYPTOCEAN - is a blockchain based ecosystem that combines financial and technological
services for working with crypto-currencies, digital financial assets and traditional fiat money.
The core of the ecosystem is the processing platform, developed by the CRYPTOCEAN, which
provides:
- Legality and compliance with KYC & AML procedures;
- Entering fiat funds into the personal account of the ecosystem user;
- The issue of plastic cards linked to the user account in the ecosystem;
- Binding of a plastic card to a fiat, crypto or smart account;
- Withdrawal of funds from the ecosystem to a bank account, or to a third-party plastic
card;
- Possibility to exchange Fiat, digital assets, crypto currency in any combination instantly;
- Non-contact payments using mobile devices;
- Payments and transfers using mobile, desktop and Internet apps;
- Payments and transfers via instant messengers: Whatsapp, Viber, Telegram, Wechat,
Kakao, etc.
- The possibility of the instant conversion of crypto currency into Fiat and vice versa for
the implementation of B2B, B2C and B2G application services:
- On-line shop transactions crypto currency transferring fiat funds to the current account;
* The possibility of payment with crypto-currencies in restaurants, cafes, gas stations, trade outlets
around the world;
* Crypto currency payments of state taxes, duties and fees, etc.;
* The possibility of regular auto payments of bills;
- The management of crypto-wallets, accounts and keys to them are in the hands of the
client, which provides additional security.
- All of this processed in the integrated and well-protected blockchain based
environment.
This ecosystem provides services developed by CRYPTOCEAN team, as well as services of our
partners, we cooperate according to the ‘win-win principle’.
INTRODUCTION
We all witnessed very interesting moments in history. A truly new world of crypto
currency and chain blocks appear out of nowhere. Few heard it 3 years ago, today the overall capitalization of the crypto currency and ICO-projects more than $ 2 trillion.
Quickly Such development is unprecedented in other industries.
Right in front of our eyes, people have created luck from thin air and become billionaires of dollars.
Forbes (one of the most respected magazines in international finance) makes a
ranked crypto billionaire (08.02.2018)
As noted Forbes: As you can see, there is still an empty space on this list.
It is not surprising that millions of people around the world have shown the deepest interest in cryptocurrency, blockchain and ICO projects. More and more people are coming to crypto market and
invest their money in it, play in crypto-exchange, engage in mining, and actively invest in ICO.
PROBLEMS
As in the new field, there are many problems behind the brilliance of opportunities at
crypto world. Regardless of whether you are entering this world with some tokens or
digital coins, or do you already have some significant crypto assets (please
please accept our congratulations), you will face a number of problems.
Purchase Cryptocurrency. The first thing you'll find when you decide to buy
cryptocurrency or token is that it is not very easy to do. If you have an account or card
in the bank, in most cases, you have to spend enough time figuring out how to do it
It will be more difficult to find ways to make purchases on favorable terms and that you need to consider commissions to be paid for this service and the rates that will be offered to you to buy crypto coins. The usual losses at this stage range from 2-3% to 10%, and the settlement agreement can take up to one day
Cryptocurrency Sales. In the next step you will find that doing a reverse transaction to earn money in your crypto coin exchange is even more difficult than making a purchase. Existing services with rare exceptions, not easy to use, their rates are not so good, they are not able to make instant transactions.
As a result, you can easily lose up to 5-10% on inverse operations. This is very risky if the legal status of cryptocurrency is not resolved in your country or is prohibited. In such case you could lose money or go to jail.
The risk of buying and selling. Purchase and sale of related cryptocurrency
with certain risks. Virtual exchange offices that do this transaction, may be robbed by hackers or disappear with your money. fortunately, such incidents very rarely occur.
Both the purchase and sale of cryptocurrency through the bursa are less risky and usually more profitable. But it is important to remember that the exchange can be hacked on a regular basis, and the exchange itself can be closed along with cryptocurrency and money from users who have the misfortune to store coins on the exchange at the time of the incident.
Stock trades. It is most advantageous to exchange cryptocurrency in exchange. However, this requires a certain experience, as well as an understanding of the mechanisms to function.
According to stock exchange statistics, more than 5% of the participants (professional brokers and specialty companies) generate more than 80% of the profits from the stock market speculated.
If you are not one of them, chances are, you will not "make money", but someone will "make money" at your expense.
Trust to exchange. If you decide to look for someone else and exchange money with him, cryptocurrency at a more favorable rate than an exchange office or stock exchange offer, then You will definitely have a trust problem. Especially, if you find this "someone" on the Internet.
There is a service that does that. They are called P2P (peer-to-peer) exchangers. This service acts as a third party in the transaction and takes a small commission for the service. The problem is that fraudsters keep trying to deceive intermediaries, and often give fake payment orders or documents confirming payments, hoping that service operators will make mistakes and credit funds to fraudulent accounts.
The legitimacy of the money received. No matter how honest and legally you make money or "Mining" your cryptocurrency by trading on the exchange, by mining, by selling these goods or services the income is beyond the scope of the law in most countries of the world.
In this context, the problem of exchange in large numbers becomes important. Your funds could be blocked by the bank as a result of KYC & AML procedures: there is a risk of accepting claims for unpaid taxes, there may be a need for a detailed explanation of the origin of the funds. For example, when you buy a car or sofa.
Payment for goods and services. There are not many places in the world with the possibility of direct payments for goods or services with сryptocurrency. And the existing ones are not the most favorable price and price. You may be the lucky owner of one or two hundred bitcoin, which you bought "just in case" 6-7 years ago, which makes you a millionaire dollar, you still can not buy a cup of coffee somewhere, for example, in India or in a village somewhere for your cryptocurrency.
This problem is very sensitive for the miners, who regularly have to pay a considerable amount of electricity bills. It turns out that on one side, mining farms are constantly making decent money. But on the other hand, there are also regular problems with paying bills for that energy supply, because of the problems and risks mentioned above.
THE SOLUTION FROM CRYPTOCEAN
We offer universal services to buy, sell, exchange and integrate cryptocurrency into real life. You can buy cryptocurrency with your bank card or account, get your fiat
into the service and legally transfer it to a card or bank account.
You can also order from us a classic plastic card (crypto card), issued together with partner banks. This will allow you to deposit and withdraw cash from financial and account crypto at regular ATMs using CRYPTOCEAN services, and also pay for the purchase of goods
and service with cryptocurrency, as if you were paying with a regular bank card. All the cryptocurrency exchange processes on the exchange, transferring funds from the exchange to your personal account, maintaining the limit you set, will be automatic.
You can also pay for goods and services without a crypto card either through a mobile phone app using a phone with an NFC chip or directly through an online store that has replaced CRYPTOCEAN as a payment system.
The availability of automatic payments in CRYPTOCEAN will make service payments more and more easy. Integration with many systems that receive payments will allow you to set up bill payments (in fiat). For example, you can pay for electricity, television, Internet, mobile communications, rent, taxes, and more. One way to use this service is to make the mining field pay its own bills. Is it uncomfortable?
Our commissions and rates are lower than most services in the market. We choose
partner with minimum commissions and, first of all, initiate exchange transactions in the system where possible, and satisfy them on the basis of counter orders. In addition, our gateway is connected to the TOP-5 main cryptocurrency exchange, which will enable us to fulfill the exchange with the best current rates.
Most exchange services offer 2-3% commissions (during periods of sharp change in rates of 5% or more), with 2-5% spread to the exchange, which ultimately establish 3-5% commission clients or higher (up to 10-15% ). We focus on the difference between internal levels in relation to the weighted average exchange rate of 0.25% - 1.75% and further decreases as the number of CRYPTOCEAN users increases and the trading algorithm increases.
by : noisybit
ETH : 0x7C8E2754179892058272B7A0E0c71C630002200d
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