Devil In The Rain

by Alexander Bentley. “Devil In The Rain” is published by Alex Bentley in The Inkslinger.

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A good way to buy crypto currency

Let’s recall the main ways:

through exchangers;
through bots in the telegraph;
through the market;
through exchanges with the support of fiat money;
through payment systems with crypto currency support.

Through exchangers, bots and markets — fast and convenient, but courses are not the most profitable.

Through exchanges and payment systems — it is difficult and not profitable.

Meet — lykke

Immediately say — the method is not the easiest, in the beginning you have to perform many actions, but if you go through all the steps — you will be very pleased with the profit.

Lykke is something that looks like a stock exchange, but with a human face. Here you can enter the finate money from the bank card, you can buy bitcoin, etherium or a couple of little-known crypto-currencies, you can use the application as a simple purse of bitcoins (including importing your external wallet here).

Lykke does not have the ability to buy or sell through the site, it is necessary to download the mobile application. The site has links for android and iOS.

Download the application, register, create a pin code for quick access.

During the registration you will be asked to specify and confirm the email, phone, come up with a password and a code word. At the end, you will be asked to drag your finger across the screen several times to form a secret key and ask to save 12 words. It’s a seed.

Be sure to save the seed in a safe place, according to the words you can restore access to the wallet. In particular, fraudsters can do this, so keep the phrase in a safe place.

Further it is necessary to pass verification of the person. To do this, you need to make a selfie (and that’s SELFI, you can not choose a beautiful photo from the gallery), attach a photo or scan of a passport and a photo or scan of a document confirming the address of the residence permit.

Verify:

click on the plus sign next to the inscription USD

Before you open a window with the choice of the method of replenishment of the account, choose a bank card

Next, a window for SELFI

make a beautiful piece

next you are asked to make a photo or attach a passport scan

We tried to attach a scan of the passport of the Russian Federation, do not roll it, you must necessarily get married or a driver’s license, where your name will be in English, the date of birth, the details of the document.

attach passport photo

Still there are not immediately pass photos because of poor quality. In this case, you need to remake the picture again with a higher resolution and better quality.

Further it is necessary to attach a scan or a photo of the document confirming the address of residence

This can be a receipt for a rent or for gas, it can be a bank statement. The document must be: Your name, address of residence, date of issue of the document. The document can be no older than 3 months.

Specification:

As proof of the address (Proof of address) there can be a propiska in the Russian passport (it is the residence permit in the passport, and not the temporary registration on the piece of paper, and the record should be printed (stamped), and not made by hand), but only on the condition that it not used in the previous step. However, if you use a residence permit, then you will additionally be required to take a picture of the first page of your internal passport.

Send everything for verification and wait. Usually respond within 1–2 days.

If there are any mistakes, remake the photo of the document or the document itself and send it again.

After passing the verification you can use all the features of Lykke:

You can buy crypt

you can use a private purse long-term storage bitcoin

You can exchange currency at internal rates

if you think that the application is promising and will develop actively, you can invest in the project and buy through the application their own LKK tokens.

Next, go to the process of entering money and buying crypts

Click again on the plus sign next to USD, select a bank card.

Now you will be offered to register in the partner service creditvouchers.

It is through creditvouchers that you enter the fiat money into the lykke application.

This process is similar to buying a btc-e coupon, when this exchange still lived.

You buy a coupon (voucher), which lykke activates in your application, and you charge money to your USD account.

Pass registration in creditvouchers. This can be done directly in the lykke application, but you can on the site creditvouchers or in their mobile application. But it’s best to do everything in lykke.

And now you can finally go to the process of entering money from the card.

There is a nuance. If you really want to do everything with the maximum benefit, then you should buy a dollar card, exchange in advance in the exchanger with a normal ruble exchange rate for dollars, put dollars on your card and make a purchase in lykke already with USD cards.

What is the point.

When you buy something in dollars from a ruble card, the bank makes an exchange far from the most profitable rate. And, you can not watch the official rate of the bank, because in the process of automatic conversion it will still be worse. For example, at the time of our experiments, the dollar exchange rate (according to banki.ru) was 59.8 rubles, on the site of the savings bank was a rate of 61.8 rubles, and with automatic conversion when buying from the card for dollars, the rate has already become 62.4 rubles.

Specification:

On the maps of Tinkoff, there is no such problem with widely differing courses, which course is written, and such a conversion will be made. But note that the operation on the card is like withdrawing cash, and not buying, which means that if you buy for an amount of 150 thousand rubles a month, then there will be a commission Tinkoff. In addition, in this case it is better not to use credit cards.

And now some dry numbers to confirm the theory

Exchangers:

We take 1000r, we look exchangers on bestzhendzhe
Sber takes a commission of 1% for a transfer to the exchanger, which means that we already have a minus of about 9p.
991p we throw in the exchanger, we receive even at the most favorable rate of 0.003558719 bitcoin:

Bot:

0,00278962 bitcoin (taking into account the service charge, and there will also be a fee for withdrawal to a permanent purse):

lykke:

1) We buy dollars, for example, in a handicap bank, we get $ 16,694,490,818

2) enter in lykke without commission USD

3) we buy at the current exchange rate 0,00382426 bitcoin:

Result:

through exchangers 0,003558719 bitcoin
through bot 0,00278962 bitcoin
through lykke 0.00382426 bitcoin

Quite good. And if you buy not at 1000r, but at 100K or 1KK, the difference is palpable.

So if you want to make an exchange with the maximum benefit, then:

issue a USD card, for example, in an alfabank or a tinkoff bank (only consider the fee for the card itself, in tinkoff it’s more advantageous, but there may be even more: interesting options);
find the most profitable exchange rate for you in rubles to dollars through banki.ru;
replenish USD card in dollars;
tie USD card to lykke.

The withdrawal from lykke can be made on the same USD card according to the account details (SWIFT).

Please note that while the lykke application periodically buggy. There are problems with buying USD, there are problems with creditvouchers. Those who support lykke always go into contact and quickly enough try to solve all the problems that arise.

Summary

If you want to buy and sell crypto-currencies with the maximum benefit and, at the same time, do not fear the initial organizational difficulties, then we recommend lykke, at the moment there is no better way.

But be prepared to go through many steps and face technical problems.

Questions and Answers

1.

Question: That from this service it is impossible to send bitcoins to itself on a purse.

Answer: Everything is normally translated. Both bitcoin and etherium.

2.

Question: How to deduce money from the Lykke purse on the card? Somebody knows?

Answer: Through SWIFT transfer. Click on the plus sign next to the USD, draw a conclusion and specify the SWIFT details of your card (find out in the branch of the bank or mobile bank).

3.

Question: Are they without a commission and a spread, for example, dollars in rolls? And for the withdrawal to USD card, which commission is taken?

Answer: They do not take the commission, they have an internal rate of purchase and sale. Look at the time of purchase for the current exchange rate. Usually it is average in exchanges. In moments of strong volatility, it is worse or better than on exchanges.

They do not charge a commission for withdrawing a USD card, but the commission itself is taken by the SWIFT system and banks, where money is transferred. See standard SWIFT commissions.

4.

Question: How many days does the conversion take over?

answer: Output to the card up to 5 banking days

5.

the question: 1. Is it possible to translate from the linguist crypt to other exchanges (Bitrex) for trading altcoyins?

2. On a personal purse of type myetherwallet it is possible to deduce?

answer: 1. Yes, you can. But we must take into account that Licki translates Ether through smart contracts, and hence the receiving party must support such a transfer. Bitrex exchange, for example, supports. But in general, it is not worth risking again and it’s best to drop it at MEW first, then at the stock exchange.

2. Yes, the transaction is very fast and without commission

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