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Quote from: svendoto23 on May 25, 2018, 01:22:14 PM

Cryptoriya Project is aiming to be a remittance center like a platform where you can encash your cryptocurrency whenever or wherever you like in the world. Is there any minimum cash out or maximum cash out for those people who are trying to use their platform?

This project does not just aiming to become a global remittance but it will use the economic trend which is cryptocurrency to remit, withdraw and exchange across the borders of the world.
I just dont know if CryptoRiya will offer a minimum amount of charges from their user. But in my opinion, it is good if we can set the time interval of remittance to the exact payment in order to make a transaction successful.

Conceptually, svendoto has a point there in terms of CryptoRiya wanting to be global (though not directly as remittances) but of an exchange that you can cash-out any (yes any crypotcurrency, in the sense that the currency should be listed in CryptoRiya) cryptocurrency anytime, anywhere.

Charges and Fees are always a part of any services such an exchange, and according to CryptoRiya's whitepaper, ATM Withdrawal Fees will be 2% for regular CryptoRiya Debit Cards and 1% for the luxury ones (which will require a KYC).

Essentially, they have the good point about CryptoRiya. Svendoto and Jlimao28 had the same point when we look at it. CryptoRiya is a global remittance that uses cryptocurrency to withdraw and exchange with fiat currency. In over 1600 currencies, transaction will become more convenient to the people. We will not depend anymore to the remittances that we have seen locally because CryptoRiya will make a one way remittance center worldwide.

That's the greatest thing that we have now we can explore the world of crypto and the amazing part here is we can cash out anytime anywhere in the world using our favorite cryptocurrency. I hope they can offer more features. Are they going to make an MVP platform?

There should be a minimum I believe, for maximum, there shouldn't be but I believe there will be for their card users. If it's crypto to bank account or cash, you should be careful since gov't are monitoring those. Unusually big amounts are red flags.

CryptoRiya's concept of crypto to cash anywhere is really great. I think it will boost the value of cryptocurrency more. However, I do hope that the charges or fees will be minimal as it will be too burdensome if I will be charge every transaction. As such I might as well withdraw a bigger amount of money for my use.

Yes, it is great! Imagine that you have your crypto in your card and anytime you want it to be converted to cash, it is possible. What a convenience! I am looking forward also for lesser fees so we can really enjoy our crypto on our purchases. Really it is CryptoRiya Team made it possible! Thank you!

That is definitely one of the features that we all are looking forward to. It gives us the convenience with our investment since we don't have to go through the long process of converting crypto to cash.

All of us are looking forward to this project because we have the same problem using Cryptocurrency. This is the reason why we need to support this project because we as crypto people will be the first person who will benefit from this project. Thanks to CryptoRiya Team for unselfishly making this idea for us as well as making things possible for us to connect to different parts of the world using Crypto.

This concept is actually about the same as the other cryptocurrency. maybe the difference is the cryptoriya have a chance in the hearts of the fans, maybe the promotion should still be intensified to get a higher peak.

The benefits using cryptocurrencies for remittance is
Transactions using cryptocurrencies are completed in seconds regardless of where the sender and receiver are in the world.
Cryptocurrencies allow remittance networks to bypass the banking infrastructure and completely sidestep the biggest challenge
All you need is a mobile phone.