Loading...

Follow SpectroCoin blog – Bitcoin wallet and exchange on Feedspot

Continue with Google
Continue with Facebook
Or

Valid


We are happy to announce that an updated version of SpectroCoin Bitcoin wallet app for iOS is now available in the Apple app store. Besides bug fixes, the new 1.4.0 app version offers enhanced security and user experience, a wider selection of cryptocurrencies, more deposit options, exciting new features and support for iPhone X, to make it even easier to manage your finances anywhere and at any time.


What is new on the SpectroCoin bitcoin payment app for iOS?

Wider support of cryptocurrencies. In addition to Bitcoin (BTC)  support, the upgraded SpectroCoin bitcoin payment app now offers the possibility of sending and receiving Ethereum (ETH), NEM (XEM) and Dash (DASH) cryptocurrencies. Now you can use cryptos to pay for goods and services or send them to your friends with just a few taps straight from your SpectroCoin app. If you want to send any of the cryptocurrencies to another SpectroCoin user, take advantage of our off-chain transaction capability. Simply use the other user’s SpectroCoin email address and the transaction will be sent instantly and completely for free.

                              

Enhanced security. Before, to protect your iOS device, you could choose to add a passcode in addition to your SpectroCoin login details, such as email and unique password. This ensured that if you left the app inactive for a few minutes it would ask you for a four-digit passcode when you tried accessing it again. After the latest SpectroCoin iOS app update passcode feature is no longer just optional, but mandatory. Moreover, you have limited attempts to input the correct passcode to prove you are really the owner of the account. This way, if someone were to gain unauthorized access to your device, even if you forgot to log out, they would have to know the additional passcode to enter your SpectroCoin account via the app.

Deposit options. Now you can buy bitcoin and other digital assets from nearly anywhere in the world by linking your credit or debit card to your bitcoin wallet app. Deposits via debit and credit cards are instantaneous, thus, you can purchase over 20 types of other crypto and fiat currencies within seconds, straight from your mobile app. Additionally, users can load their SpectroCoin blockchain wallet in a secure and reliable way by transferring money via SEPA bank transfers. SEPA transfers are supported among member states of the European Union (or Norway, Iceland, Switzerland, Monaco, San Marino and Liechtenstein) and typically take between 1 and 3  days.

Better user experience.  We are passionate about making our app user-friendly. Thus, we have added a new feature that helps you refresh your balance page with a single pull.  Simply pull your finger down across the iPhone, iPad or iPod touch and you will be able to check the latest SpectroCoin blockchain wallet balance.  But that is just one of many new features of the latest SpectroCoin iOS app.

New features.  

  • After the latest Bitcoin payment app upgrade users are now able to access their International Bank Account Number (IBAN) details straight from the app. This allows you to check your IBAN account history as well as your personal International Bank Account Number itself so you can use it for making and receiving payments in Euros on the go.
  • We have also added new features for easier user registration and login. While before new users could only register to SpectroCoin using the web version of the page, now new users can simply sign up at SpectroCoin via the app.

  • The latest SpectroCoin iOS app supports login via 1Password and LastPass. Thus, if you own any of these password managers, you can log in to the SpectroCoin bitcoin payment app by tapping on the “Lock” icon on the login screen and imputing the “Master password” of the password manager app. Once you do it, you will be logged in to your SpectroCoin account as well. You do not have to remember your unique SpectroCoin account password anymore but you can still keep your account secure.
  • In addition to all the new features, you can still make use of the app older functionalities, such as checking balances of your SpectroCoin blockchain wallets, exchanging between different currencies, editing your profile information, checking out SpectroCoin news feed, frequently asked questions (FAQ) section and more.
How do I get the latest version of bitcoin wallet app for iOS?

To get the SpectroCoin bitcoin wallet app you need to follow a few easy steps.

Step 1 – Make sure that you own an Apple device – iPhone, iPad or iPod touch, that is running iOS 7.0 or later.

Step 2 If your device fits the requirements, you can get the mobile app completely for free from the Apple app store. Simply tap “Get” and wait till the app downloads.

Step 3 – If you already have an account at SpectroCoin, fill in your SpectroCoin login details, such as email address and password, or via Facebook and your Google account. If you are new to SpectroCoin, you can simply tap “Register” and sign up for our service. That is it!

So what are you waiting for, download the latest version of the SpectroCoin Bitcoin wallet app for iOS now!

If you have further questions regarding our bitcoin payment app for iOS, please fill out the form in the “Contact” section of the app. Alternatively, you can contact our 24/7 support via the “Live Chat” option on our website.

Read Full Article
Visit website
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

SpectroCoin has been offering a global blockchain wallet for buying, selling, sending, receiving, and storing cryptocurrencies for over 5 years. As a growing number of people worldwide are recognizing the benefits of cryptocurrencies, our community is expanding as well. Over 840,000 customers have signed up to use our service since we are constantly working on making cryptocurrencies easy to use for anyone, regardless of technical knowledge or local financial infrastructure. Thus, currently, we support over 240 countries and territories worldwide in 10 different languages, with more to come.

More than just a bitcoin wallet

Different currency support. SpectroCoin offers a free bitcoin wallet to safely store your digital assets. Our goal has always been supporting a wide spectrum of currencies and services. Thus, over the years we have been adding new crypto and fiat currencies to our service. Currently, we support Bitcoin (BTC), Ethereum (ETH), NEM (XEM), Dash (DASH) cryptocurrencies and over  20 different fiat currencies. Among them are United States Dollar, Japanese Yen, Turkish Lira, Euro, Russian Ruble and more, so you can store funds in your local currency.

A broad spectrum of worldwide services. Besides safely storing your funds in a blockchain wallet, SpectroCoin offers a possibility to exchange between currencies and send free off-chain transactions to other SpectroCoin users. With our business-to-business solution, you can accept crypto payments in your business and receive them in one of many SpectroCoin supported currencies straight to your account. Soon SpectroCoin will launch a worldwide debit card solution which can be used at any online or physical point of sale or ATM around the globe.

SpectroCoin supports many deposit and withdrawal options as well so you can pick the most convenient way to buy and sell bitcoin, and other digital assets. Options include SEPA bank transfers, debit and credit cards, e-wallets such as Skrill, Neteller, Perfect Money, Payeer, local cash terminals, local bank options such as GiroPay, ING, and many more.

Additionally, you can choose among a wide selection of local mobile providers to top-up your phone or purchase Amazon US, UK, Italy, Germany and Amazon Spain vouchers with cryptocurrencies from one single blockchain wallet. To find out which services are available in your area, visit SpectroCoin supported countries.

Service in your native language

As our worldwide community is growing, we are expanding our support in local languages as well. Our website is currently available in ten different languages, with more to come:

  • English
  • Lithuanian
  • Russian
  • Chinese
  • Taiwanese
  • Japanese
  • Portuguese
  • Brazilian-Portuguese
  • Arabic
  • French

If you want to visit SpectroCoin’s website in your native language simply press on the globe icon in the top-right corner and select your language:

If you cannot find your native language among our supported ones and would like to help us translate SpectroCoin’s content to your language, drop us an email at careers@spectrocoin.com.

How to create bitcoin wallet at SpectroCoin?

If you are ready to start using our globally available services, you will first need to create bitcoin wallet. You can create a SpectroCoin bitcoin wallet completely for free and in just a couple of minutes.

Simply go to SpectroCoin.com and fill in your email address in the signup form. Then click “Sign up”. Please use a reliable email provider as you will not be able to change your account’s email address after signing up:

You will be forwarded to the Signup page. Next, to create bitcoin wallet at SpectroCoin, you have to input your desired password. Please, do not forget to agree with SpectroCoin’s terms and conditions. Then click “Sign Up” once again:

Congratulations, you have just signed up at SpectroCoin. However, to complete your registration you have to first receive a confirmation email:

Please check your inbox for a confirmation email from SpectroCoin. Once you found it, click on the link provided in the email to complete your registration:

That is it! Now you can enjoy our globally available bitcoin wallet.

If you have questions regarding SpectroCoin services in your area, you can contact our support via “Live Chat” option available on our website.

Read Full Article
Visit website
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

As Bitcoin and other cryptocurrencies are gaining ground, more and more businesses worldwide are starting to recognize the benefits of accepting them as means of payment.  At SpectroCoin we offer payment processing services that help merchants easily accept bitcoin payments, as well as payments made in XEM or Dash cryptocurrencies, in their day-to-day operations.

Reasons to accept bitcoin payments in your business

There are numerous benefits of accepting cryptocurrencies in your business. Here we cover the six main ones:

1. Competitive advantage. Nowadays businesses are trying to stand out from each other. Adding Bitcoin and other cryptocurrencies as means to pay for your goods or services provides the customer with the wider choice of payment options and might just be the deciding factor why a customer chooses your service over the competitor.

2. No chargeback risks. A chargeback occurs when a customer disputes the merchant’s charge with their bank. In most cases, the customer gets his money reimbursed while a business owner has to prove the transaction was valid if he wants to get back the money. Cryptocurrency transactions are complete and irreversible, therefore users cannot call back the money they paid to the merchant, saving you from possible fraud and the hassle of chargebacks.

3. No rolling reserves. As cryptocurrency transactions cannot be canceled, there is no way for customers to initiate a chargeback. That eliminates the need for rolling reserves that payment processors typically charge. For example, card companies can reserve a portion of your gross sales and keep it on hold for a definite period of time to protect themselves from potential loss due to chargebacks. With cryptocurrency payments, you get all your funds right away.

4. Get your funds faster. When accepting payments made with credit or debit cards it can take weeks before you receive funds for the services or goods you sold. This issue arises due to third parties involved in traditional payment processing (both the vendor’s bank and the buyer’s card issuer have to verify each payment). Bitcoin transactions are very fast compared to bank transfers as they are verified by the network of “miners” (distributed nodes of computers around the world), thus you can receive payments within minutes.

5. Accept one currency, receive another. With SpectroCoin payment processing solutions you can accept Bitcoin, Dash or XEM cryptocurrencies which can then be auto-converted to any of over 20 different currencies supported at SpectroCoin and funded to your account. For example, you can accept bitcoin payments but choose to receive euros. Bitcoins (BTC) will be converted to euros (EUR) before the funds hit your account. This way you will be able to avoid the cryptocurrency volatility risk.

6. Bulk payments. In addition to accepting payments from your customers, SpectroCoin offers a possibility to initiate mass or bulk payments, which is especially useful if you want to make multiple payouts at once, as it cuts time and cost it would take to make each payment individually.

If we have convinced you that accepting cryptocurrencies is truly beneficial for your business, and you are ready to start, the next step is to select a payment gateway that is right for your business.

What is a payment gateway?

A payment gateway is a software solution that allows a business owner accept online payments from his customers. A payment gateway can be designed to help you accept different kinds of payments, ranging from the ones made with a credit card to the ones made with bitcoin.

At SpectroCoin we offer payment gateways that support multiple cryptocurrencies. Thus, using our merchant solution you can accept bitcoin payments, as well as payments made in XEM and Dash cryptocurrencies. Additionally, you can select to receive funds in a different fiat or cryptocurrency to the one you are accepting and get all the payments deposited straight to your account.

How to accept cryptocurrency payments in your business?

If you are a business owner, there are several steps you need to complete before you are able to start accepting cryptocurrency payments in your business.

Step 1 – Sign up. First of all, you have to open up a free merchant account on SpectroCoin.

Step 2 – Verify your account (optional). Account verification is not mandatory and is only required if you want to enjoy the full spectrum of services SpectroCoin offers, such as taking advantage of SEPA transfer capability, linking a credit/debit card to your account and more.

Step 3 – Choose the payment processing method. Once your merchant account is set up, you need to choose and implement one of SpectroCoin’s available payment gateways based on your business needs.

  • Payment plug-ins.  If you run an e-commerce site, you can use our plug-in solution. At SpectroCoin we offer a wide variety of payment gateways and plug-ins to suit different types of e-commerce platforms, including  WHMCS, PrestaShop, OpenCart, Magento, Drupal, WordPress, Zen Cart, VirtueMart, and Magento-2. With just a few clicks you can download a plug-in that is compatible with your website from our Github page and integrate it to start receiving cryptocurrency payments. Find tutorials on how to accept bitcoin payments using one of the plug-ins on SpectroCoin YouTube channel.
  • Merchant libraries. If your website is custom made, we have prepared open source Merchant libraries for PHP and JAVA with all codes and documentation included.
  • Wallet API. Merchants can also make use of SpectroCoin wallet API which offers them a simple interface to programmatically interact with their wallet. Wallet API allows users to easily receive and send Bitcoin, XEM or Dash,  make mass payouts and exchange between currencies.

Step 4 – Accept cryptocurrency payments. Now you can start accepting payments in your preferred cryptocurrency and observe how your business grows.

If you have further questions regarding how to accept bitcoin, DASH or XEM in your business, please contact our merchant support via email: merchant@spectrocoin.com or Skype: spectrocoin_merchant.

Read Full Article
Visit website
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

Since SpectroCoin started supporting Ethereum cryptocurrency in 2017, our clients were able to buy, sell or send and receive Ethereum’s native currency called Ether (ETH) using our platform. Now, we are happy to announce SpectroCoin has started supporting deposits made from Ethereum smart contract addresses. Thus, users can now send ETH to their SpectroCoin accounts from wallets and exchanges that support the smart contract transaction capability.

Regular vs Contract addresses

Unlike other cryptocurrencies, there are two types of Ethereum addresses:

  • Account address or regular address, which works in the same way as a Bitcoin address does. We will refer to it as a regular address.
  • Contract account or contract address. Basically, it is what distinguishes Ethereum and makes it “smarter” when compared to other cryptocurrencies.

A regular Ethereum address might look similar to a contract address – “just” a line of numbers; however, they act very differently. The regular address is mostly used as a bare store for Ether, much like your bank account. The contract address is created from an account address, which then becomes the “master” of this contract. Unlike a regular address, Ethereum smart contract address is controlled by a code which means that the behavior of contracts can be customized. Therefore, while a regular address is simply used for storing, a contract can be used to manage Ethereum. That enables the creation of incoming transactions to a contract address, multi-signature blockchain wallet set-up, as well as the creation of Ethereum ERC20 tokens.

While providing a higher level of customization for your Ethereum, contract addresses are also more complex and difficult to implement into an already-running system. That is the main reason why so many exchanges do not support Ethereum smart contract address. Using them also requires more Ether to run – while creating a regular address does not cost anything, it does cost ETH to create and use a contract address. That is because contracts utilize computational power and storage resources of the Ethereum network, which then reflects in the usage costs.

Contract transactions are not stored in the Ethereum blockchain, which means that complex and specific tools are required in order to support such transactions. This is a lengthy process since our developers must ensure all types of Ethereum smart contract transactions are supported. During the past months, SpectroCoin team has been focused on creating and implementing this necessary tools for our platform to be able to execute clients deposits from and to contract addresses. We already support Ether deposits made from contract addresses. Currently, we are working on being able to support  Ethereum cryptocurrency withdrawals to contract addresses as well.

How to send Ethereum cryptocurrency to a SpectroCoin blockchain wallet?

To deposit Ether first you need to find SpectroCoin Ethereum wallet address. To find it, press the ETH icon in the left-hand-side menu:

You will be forwarded to a new window. You can find your Ethereum wallet address next to the QR code:

Then, input SpectroCoin Ethereum wallet address into the wallet you are sending your tokens from and confirm your transaction.  Use the same SpectroCoin wallet address for both: regular and contract transactions. And that’s it! 

Please note that ERC20 tokens are not yet supported at SpectroCoin. We only support deposits made with Ethereum, Bitcoin, XEM and DASH cryptocurrencies. Also, make sure to check our blog post to learn how to buy and sell Ether at SpectroCoin.com.

If you have any further questions regarding how to deposit Ether to SpectroCoin account, please contact our support via “Live Chat” option available at our website.

Read Full Article
Visit website
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

We are happy to announce that the SpectroCoin account verification time is now back to 24 business hours (3 business days). We have expanded our capacity which allows us to verify users faster and more efficiently. Therefore, we would like to remind you the steps needed to verify your account on SpectroCoin.

Why is the verification required?

As SpectroCoin is a financial service provider, it is necessary that we comply with regulations in certain jurisdictions. Therefore, we adhere to Know Your Customer or KYC policies when dealing with user’s personal data. The account verification is an important measure that helps us prevent possible crimes, such as identity theft and money laundering. While it is an extra step, it helps ensure the safety of our service.

Which SpectroCoin services require account verification?

You can enjoy a variety of our services without going through KYC procedures. This includes depositing and withdrawing cryptocurrencies and using Payeer and Perfect Money e-wallet services. However, payments made via bank transfers, cash or Skrill and Neteller e-wallets, will require you to go through the account verification process. So, if you have decided that you need to verify your account in order to enjoy a wider spectrum of services, keep on reading to learn how to do so.

How to verify your account at SpectroCoin?

We have prepared a step-by-step guide on how to verify your account at SpectroCoin and put together an account verification check-list that you need to follow in order to have your documents accepted by our verification team.

You can track your SpectroCoin verification status on the verification page. If you provide low-quality documents, you will be asked to re-submit them. Please follow the guidelines provided by our verification agent to ensure your documents are not rejected for the second time.

If you have any further questions regarding how to verify your account, please contact our support via our email: helpdesk@spectrocoin.com or via the “Live Chat” option available at SpectroCoin.com.

Read Full Article
Visit website
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

We are pleased to announce an increase in Skrill payment limits for SpectroCoin customers. These new limits will make it even more convenient for you to deposit money in order to purchase bitcoin and other crypto and fiat currencies, as well as to withdraw funds back to your Skrill account.

What is Skrill?

Previously known as Moneybookers, Skrill is a digital payment solution provider, which allows users in nearly 200 countries to transfer money in over 40 currencies. A large multicultural user base, a wide spectrum of supported currencies and fast payments make Skrill a popular choice among online users looking to transfer money globally.

SpectroCoin has recognized that many of its users are looking for a quick and easy way to buy bitcoin, ether, XEM, Dash and other cryptocurrencies. Therefore, it has decided to increase Skrill payment limits to make it more convenient for its users to deposit and withdraw their funds using Skrill.

New Skrill payment limits

From now on, Skrill deposit and withdrawal limits on SpectroCoin are higher:

  • Minimum deposit amount is 1 EUR.
  • Maximum deposit amount has been increased to 5000 EUR per day.
  • Minimum withdrawal amount is 3 EUR.
  • Maximum withdrawal amount is now 5000 EUR per day.

More information about fees and limits can be found here.

Besides increased Skrill limits, there are several other benefits of purchasing cryptocurrencies, such as bitcoin, with Skrill at SpectroCoin.

Instant bitcoin purchase. Deposits and withdrawals made with Skrill are instant so you can buy crypto or fiat currencies in a couple of seconds.

Additional payment options available. At SpectroCoin Skrill is just one among a wide spectrum of different payment methods for an easy and flexible exchange of funds. Other options include credit and debit cards, SEPA bank transfer, cash and e-wallets, such as Neteller, Perfect Money, Payeer, as well as other country-specific payment methods. You can find payment options in the supported countries section of our website according to your country of residence.

 

Currently, you can deposit EUR, USD, and GBP, and withdraw EUR and USD using your Skrill account and then use the funds to purchase over 20 different crypto and fiat currencies available at SpectroCoin.

How to buy bitcoin with Skrill at SpectroCoin?

You can find a step-by-step tutorial on how to buy bitcoin with Skrill as well as on how to sell bitcoins for Skrill on our blog. 

Please be advised that Skrill services on SpectroCoin require profile verification.

If you have any question regarding our Skrill solution at SpectroCoin, please contact our support via email or via the “Live Chat” available at SpectroCoin.com.

Read Full Article
Visit website
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

SpectroCoin, an all in one solution for cryptocurrencies, ensures the security of its user transactions  by using Two Factor Authentication or 2FA method for transactions and is further enhancing its security by introducing this feature to log in as well.

What Is Two Factor Authentication?

The Two-Factor Authentication system is a safety tool used for increasing customer security in various online services by implementing two methods of identification – usually, a knowledge factor (password) and a possession factor (smartphone or ID card). Users can only complete a transaction by verifying their identity through both layers of authentication; in turn, it minimizes the risk of money loss in case of stolen or hacked passwords. (For example, if somebody steals your login details, they would still be unable to withdraw money from your account as the second identification factor – a code generated only at the time of a transaction and sent to your email or smartphone – would still remain unknown to the thief.)

Three Choices of Two Factor Authentication at SpectroCoin

At the moment, there are three types of Two-Factor Authentication to choose from at SpectroCoin. You can adjust the verification method in your Account settings.

  • SMS authentication – an authentication code is sent to your mobile phone in the form of an SMS message.
  • Google authenticator – an app for tablets or smartphones that generates an authentication code and displays it on the screen. You can get one at the Google Play Store for Android devices or at the iTunes store for Apple devices.
  • Email authentication – an authentication code is sent to your email address.

How to set up Two-Factor Authentication at SpectroCoin

You can choose your preferred authentication method and enable it for login in your “Account settings.” For a quick tutorial, please check out our YouTube video:

How to set up Two Factor Authentication? - YouTube

We have also prepared a written step-by-step guide that you can follow.  First, you need to log in to your SpectroCoin account:

After that, you should click on your Profile icon and choose “Settings”:

You will be redirected to the “Account Settings” window.  Once there, click on “Edit”:

Then, you will be redirected to the “Update Profile” page. Scroll down a little bit and you will find the field in which you can choose your Two Factor Authentication method. It will ensure that each time a transaction is sent from your account or your profile information is updated, you will receive an authentication code via your selected authentication method, which is needed to approve and finalize the action. If you have just registered to SpectroCoin and have not changed your profile settings yet, your 2FA will be set to email by default.

On the same page, tick the box next to “Enable second-factor authentication on login” to receive an authentication code when logging in as well.

Finally, click on “Update Profile”:

That’s it! You have successfully selected your authentication method and enabled it for login. Now, you will receive an authentication code via your preferred method each time you log into your SpectroCoin account.

NOTE: If you lost your phone or something else prevents you from receiving the authentication code, please contact SpectroCoin support via  or via the “Live Chat” option on our website – we will be able to change the Two-factor authentication method for you. Please be ready to provide your Identity Document or any other information necessary to prove the account belongs to you. We take our security measures very seriously.

Read Full Article
Visit website
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

We are more than happy to see a growing customer base. However, the increasing amount of verification requests makes this growth a double-edged sword. Every week we have around 25,000 – 35,000 newcomers, which shows steady traction and interest in our project, yet creates a high volume of verification requests and leads to longer queues as well as frustration among some of our clients. In this blog post, we will tell you more about the verification process at SpectroCoin and its requirements.

What is the Know Your Customer Policy?

SpectroCoin has been running for 5 years and, currently, has more than 670,000 customers from 240 countries and regions around the globe. As a company, we work under EU and AML directives. Therefore, we apply Know Your Customer (‘KYC’) policies when dealing with personal information and identity documents in order to prevent fraud.

KYC or Know Your Customer is important for both – clients and companies. Clients are protected from financial losses caused by individuals involved in illegal activities. The KYC policy is essential to financial institutions, so they can comply with all of the laws and regulations as well as ensure that business and transactions are done legally.

We must assure that documents adhere to regulatory requirements. For this reason, we ask our customers to provide the necessary information to do so. Seven out of ten clients do not take verification seriously, which causes additional queues and greatly extends the verification process.

How to get verified

The verification process is the confirmation of validity and authenticity of a customer’s documents. SpectroCoin’s Verification department is responsible for the analysis of each client’s identity documents and ensuring that they qualify within a set of specifications and validation requirements.

To complete your profile verification, you must submit your documents properly. All of the following steps must be taken to pass the verification process:

  • Identity documents must be International. The document must contain your photo, full name, country, document issuance and expiration dates, and your date of birth:
    • Passports for non-EEA residents.  A copy of the first page of a passport must be provided.
    • EU national identity card for EEA residents.  A copy of both sides of a national identity card must be submitted.
  • All identity document information must be fully visible and in color. Identity documents cannot be cut, blurred, or covered in any place.
  • Identity documents must be valid for 3 month, at least, with a clearly visible expiration date.
  • Driver licenses and resident permits will not be accepted as main identity documents.
  • The identity document’s data must match the information provided in your profile. The profile information can only be filled in with latin letters.
  • When uploading a copy of your document please make sure that the file is in JPG or PNG format and no larger than 4MB.
  • We strongly recommend uploading a selfie while holding your identity document. Please make sure to use the same document previously uploaded in the selfie. Also, make sure that your selfie is in color and the information on your document is clearly visible.
  • Our verification department retains the right to ask for any additional documents.

Please note: if you provide low-quality identity documents, the verification team will ask you to upload them again. Once you submit your documents, you can check the status on your SpectroCoin Verification page. The verification process can take up to 10 business days if additional documents are required you will receive an email.

We are very happy to see our community growing and we thank you for your support.

Read Full Article
Visit website
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

SpectroCoin, the all in one solution for cryptocurrencies, has introduced the option to send Peer-to-Peer (P2P) transactions internally to SpectroCoin users.

What is P2P?

When it comes to transactions, P2P refers to electronic money transfers made from one person to another person without an intermediary; as a result, such transactions are faster, and the cost is much lower. From now on, with P2P capability you can send any of the currencies available at SpectroCoin with a locked exchange rate directly to another user.

What does a locked exchange rate mean?

As cryptocurrencies are extremely volatile, we offer the option to send P2P transactions at locked (fixed) exchange rate. This means the value of bitcoins sent is guaranteed to stay constant during a transfer (you will know the exact value in fiat currency to be received by a counterparty).

For example, if you want to send a P2P transaction worth 150 EUR, euros will be auto-exchanged to bitcoins (given the bitcoin exchange rate of 15,000 EUR, 0.01 BTC will be bought), then this 0.01 BTC will be sent to the receiver, auto-exchanged back to 150 EUR, and included in the receivers euro wallet. As a result, the transaction is not impacted by bitcoin volatility.

On top of that, P2P transactions are instant and free. No need to stay in bank queues nor to pay high fees! All you need is your friend’s SpectroCoin email address, and you will be able to send him/her funds right away.

How can I make P2P transactions on SpectroCoin?

We have prepared a video tutorial showing you how to use the “Fixed send” function at SpectroCoin. We will demonstrate how to send Euros, but if you want to send another currency available at SpectroCoin, follow the same steps:

How to send fixed P2P transactions - YouTube

If you prefer reading, we have also prepared a written tutorial for you. First of all, log in to your account and click on “Withdraw” in the top menu:

In the “Withdraw options” window, click on “Fixed send”:


Now, you will be forwarded to the “Fixed send” page. In the “Send account” field, you must select the currency wallet from which you want to send funds. Next, insert the amount of this currency you want to send. Then, you must enter the SpectroCoin email address of the person to which you want to send money. Any additional information you want the receiver to see about the transaction can be added in the “Memo” field (it is optional). Once you fill in all the information, click on “Submit”:

You will be forwarded to your P2P transaction summary window. Please check that the transaction details are correct and then press “Confirm”:

Next, you will be asked to input a second-factor authentication key. You will receive it via SMS, email, or the Google Authenticator app, depending on which method you have chosen in your SpectroCoin profile options. After inputting the authentication key, press “Submit”:

Congratulations, you have sent funds to another SpectroCoin user!

If you have questions about the P2P fixed send transfer capability at SpectroCoin, please contact our support at helpdesk@spectrocoin.com.

Read Full Article
Visit website
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

We started SpectroCoin, an all in one solution for cryptocurrencies, back in 2013. By January 2017 we already had over 130,000 clients. Now approaching 2018, we are happy to announce we have surpassed the 500,000 clients milestone.
We have learned a lot in over 4 years of being in the business in the crypto scene and have grown together with our customer base. Throughout the years we were driven by one core goal of offering the best possible service to our customers. That is why we have been constantly working on expanding our service range as well.

This year we have launched a peer-to-peer fund transfer capability that allows clients to send any currency supported by SpectroCoin  between accounts instantly and for free. We have also introduced pre-paid debit cards that are directly linked to SpectroCoin wallet and allows spending cryptocurrencies  by exchanging them to preferred fiat currency such as EUR, USD and GBP on the spot. Moreover, we have introduced the possibility to claim International Bank Accounts like no other cryptocurrency wallet in the market. That is in addition to over 20 fiat and cryptocurrencies we have been adding to our services for years and over 20 money deposit and withdrawal methods available.

From day one we have been setting ourselves big goals. That is why this year we have also introduced our operational fork Bankera – a banking project that connects the traditional banking world with a crypto world. Bankera is currently having its ICO sale to collect funds for the project and together with its pre-ICO has collected over 30 million euros so far.

In addition to the expansion of our services we have welcomed to our team over 50 employees in different fields of expertise such an IT, Finance, Customer Support and Marketing that will help us to grow even more.

However, none of this could have been done without you so we want to say 500, 000 Thank-yous.

We will continue working hard and we hope you will carry on with us through the journey.

Read Full Article
Visit website

Read for later

Articles marked as Favorite are saved for later viewing.
close
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

Separate tags by commas
To access this feature, please upgrade your account.
Start your free year
Free Preview