Definition of digital currency and a multi-functional digital wallet to recommend

Definition — What does Digital Currency mean?

Rita
3 min readJan 24, 2019

Digital currency is a payment method which exists only in electronic form and is not tangible. Digital currency can be transferred between entities or users with the help of technology like computers, smartphones and the internet. Although it is similar to physical currencies, digital money allows borderless transfer of ownership as well as instantaneous transactions. Digital currencies can be used to purchase goods and services.

Digital currency is also known as digital money and cybercash. It can be divided into 2 types to my way of thinking. One is called E-currency, and another one is called cryptocurrency. The most well-known E-currency perhaps Paypal, perfect money, Advcash and so on. While the most popular cryptocurrencies are btc, eth, usdt and so on.

The reason why digital currency has a wide market currently, in large part, because it reduces the transaction costs, and this huge advantage makes it possible for it to replace traditional currency.

Epay — A multi-functional digital wallet

I don’t know if you have ever heard an E-wallet named Epay wallet. It is a multi-functional E-wallet which supports legal currency(fiat), e-currency and cryptocurrency. From its establishment since 2014, Epay has been providing online payment solutions to merchants and digital currency trading platforms all over the world.

Epay wallet

For most shopifier,woocmmerce, whmcs and some other online merchants, it is important to have a fast and cheap way to receive money from customers in different countries. The reason why most of them choose Epay is that it cooperates with famous other e-wallets such as Perfect money, Advcash, Payeer, and Fasapay. It means if an online merchant selects Epay as a payment gateway, his customers can pay him by 5 ways, including Perfect money, Advcash, Payeer and Fasapay and Epay itself, don’t forget Epay is an E-wallet too.

For digital currency trading platforms, they are facing a problem with fiats deposit. They don’t have a way to fix it by themselves because they don’t have a bank account that is safe enough to hold a large quantity of capital. But Epay is a legal payment company who has been certified the “License For Operating Money Service” in 2014 at HongKong. and as passed the PCI security certification for global payment service on 30th November 2015. the wallet supports to deposit USD, HKD, JPY, GBP and EUR. Epay has successfully solved the fiat deposit problems for famous digital currency trading platforms such as Okcoin, Simex, Eobot, Coinroom and so on.

There are more than 6000 of merchants and trading platform are using Epay.

For common users, it is convenient for them to transfer money online for free with just an Epay account, they can transfer 5 fiats and 9 cryptocurrencies including BTC, USDT, ETH, its official stablecoin EUSD and so on. In addition, they can exchange PM, Advcash, Fasapay and Payeer on Epay. Also, they can deposit fiat USD, HKD, JPY, GBP and EUR to buy those e-currency with a very low fee or sell e-currency and withdraw money to bank account. Cryptocurrency buy&purchase is possible on Epay too.

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Rita
Rita

Written by Rita

payment,finance and cryptocurrency

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