Review on Piixpay by Olugbenga Ajayi
Enjoy fast and easy transaction with Piixpay
Piixpay is a new cryptocurrency payment platfom that offers easy transaction with digital assets. It supports four major cryptocurrencies Bitcoin cash, bitcoin core, dash and Litecoin. It also supports a few altcoins. All of these assets can be easily used to make payment for those that are still insisting on flat Currencies.
Piixpay does these by creating a platform that connect wallet address to a bank account such that any transactions (sending, receiving, bill or invoice payment) can easily be carried in Euro.The platform uses a payment system that can easily scan QR codes and convert the required payment amount accordingly.
For now, the platform only supports Euro, may be in the future more flat Currencies will be included. The minimum transfer permitted is €1 which is fair for petty merchants and the maximum transfer permitted is also fair for major merchants. Although all transactions attracts some fees, the fees are fair enough.
Pros
- Piixpay makes digital assets to Euro transfer fast and easy
- Easy link of crypto wallet address to bank account
- Easy sign up for professional cryptocurrency users and beginners
- It is a regulated exchange. The exchange is regulated by Estonian financial bodies
- There API is open sourced available for modifications and regular updates
- The exchange has social presence on Twitter which is a means for users to exchange views and be educated on cryptocurrency, particularly the newbies
- It is widely adopted. It is in use in over 100 countries.
- Despite the delay associated with SEPA related transaction, Piixpax complete transaction with 1-3 days
- The minimum transfer allowed (£1) is fair for petty merchants
Cons
- Piixpay should include other flat Currencies apart from EUR
