Re: [ANN] 🔥 CryptOcean - ecosystem, processing, exchange 🔥 [thread 2]
What is the CryptOcean Conversion service?
The conversion of any of the TOP-100 main cryptocurrencies is carried out for. The automatic trading on crypto-exchanges provides getting the most favorable exchange rate and minimal commission for its users. Conversion can be carried out as a separate transaction - at the user's request, instantly while performing other transactions within the CryptOcean platform, for example, in the process of paying for goods or services.
The user can specify either a certain cryptocurrency or a wallet from which the funds for conversion will be withdrawn, as well as the group of cryptocurrencies, priorities, limits and withdrawal strategy. For example, first to use up one cryptocurrency, then to switch to another, or to write off gradually in predetermined proportions).
When converting the fiat into cryptocurrencies and the cryptocurrency to the fiat, partner banks are involved. It is from their accounts that the fiat funds are received and credited. Both sides act in compliance with KYC & AML procedures occurs in accordance with the requirements of the legislation of those jurisdictions in which they operate.
Non-cash exchange of the fiat and the cryptocurrency may be carried out anywhere in the world with the access to the Internet and the bank account. For cash exchange, you will need to contact the bank's branch office or use an ATM and a crypto-card issued in partnership with CryptOcean.
The list of cryptocurrencies, exchange of which will be possible via CryptOcean, will constantly expand to meet the demands of customers of the service and the market.