[RU-ENG] How to use GEOpay to deposit & withdraw fiat/crypto.

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    Published on Mar 28, 2021
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    GEOpay (https://geo-pay.net/) is an online portal for crypto and fiat gateways. It does not have an exchange, but it is linked with various exchanges to provide a simple deposit/withdraw solution for your fiat/crypto needs.

    You can deposit UAH to your geopay account and then transfer it to other users directly through the website or reroute your fiat to a listed exchange and buy or trade crypto with it.

    You can also use it as a withdrawal portal for binance, kuna and so on. Most exchanges do not have a good gate for UAH, so GEOpay provides a good variance of options and cheap, too.

    In Binance it will cost you 2.5% to transact your UAH, but with GEOpay it is only 1%+5UAH. If you use KUNA, I think it will better to use KUNA-GEO instead of Binance-GEO or just Binance.

    The development of the website is slow but it seems to have been developed a lot. There are plenty of options now, compared to earlier.

    I love the transparency and the clear details about how much will each transaction cost and what the process is. However, I am not sure if there is any need of so many options.

    I love the potential it has through its "members" option where you can directly transact with users. It removes the need for traditional banks and their commissions and restrictions, while also facilitating potential businesses and contract. Probably WPS also.

    Tags :

    ukraine geopay cryptocurrency

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