Alfacash Store is launching new Premium accounts

Alfacash Store is available to buy cryptocurrencies for fiat (and vice versa) in a fully non-custodial and automatic process. You’ll find there high liquidity, fast operations, and regulatory compliance. Since various regulations require crypto-licensed businesses to verify their users, Alfacash Store takes all adequate measures to prevent fraud and remain fully compliant with applicable AML/KYC regulations.

Now there is a new Premium verification level with higher trading limits, lower fees, and available for both EU/EEA nationals (residents) and users from other counties around the world.

Starting from April 2021, Alfacash Store users can easily verify premium accounts to start crypto-to-fiat or fiat-to-crypto trading on the platform. To upgrade your standard level verification, you need to submit your proof of addressAn address is a blockchain equivalent to a bank account number in the traditional financial system, or an email address.... More (e.g. bank statement or utility bill), which confirms your current location. And don’t worry, because the entire verification process is fast and fully automated thanks to the AML compliance and anti-fraud leading provider Sumsub.

Premium verification benefits are obvious: higher trading limits (more than 15,000 EUR per calendar month, no transactionA cryptocurrency transaction is an entry on the blockchain ledger, noting sender, receiver and number of coins transacted. More limits), lower fees (less than 1,5%), and the ability to trade from non-EU/EEA countries (except for prohibited jurisdictions).

How to upgrade to Premium?

• Go to Alfacash Store and log into your account
• Go to your profile and choose the “Verification” tab
• Press “Verify account” or “Upgrade to Premium” buttons (depends on your country)
• Upload additional documents (proof of address)
• Estimated time: 5-7 minutes
• Once you passed the Sumsub automatic checks, you’ll be able to start trading cryptos and fiat with higher monthly limits and lower fees, and enjoy our special programs and discounts!

Next for Alfacash Store

• Support for international bank cards worldwide (pay-in/pay-out features)
• Our own card program for 2021
• Discounts, special programs, and more exciting blog posts
• Find the full list of supported cryptocurrencies here. They include BitcoinBitcoin is the first decentralized digital currency. It was created in 2009, by an anonymous founder or group of founders... More, XRP, Ethereum, Litecoin, Monero, Tether ERC-20, and many more.

To join the conversation, you can follow Alfacash on Telegram and Twitter.

Cheers from the Alfacash team!