HOW CRYPTOCURRENCY CAN BE EXCHANGED TO CASH AND BANK DEPOSIT USING CRYPTORIYA

CryptoRiya
3 min readMay 21, 2018

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This article introduces readers to the world of cryptoriya. One of the best blockchain technologies that give users the privilege of exchanging cryptocurrency for cash globally is the Cryptoriya.

Cryptoriya, however, finds application in a digital way. Nonetheless, its application in the market is growing rapidly. Thus, you do not have to carry cash around to pay for goods and services. This is possible via the use of cryptoriya.

In this article, we explain how one can convert cryptocurrency to cash and cryptocurrency to bank deposit using cryptoriya.

Cryptocurrency to cash: How It Works

Cryptoriya offers flexible exchange services where one can easily convert cryptocurrency to cash without delay. Of recent, the cryptocurrency market has become quite challenging. This is because the demand for cryptocurrency has risen. The increase in demand can be attributed to the widespread acceptance of cryptocurrency.

Users prefer an easy way to transact business, hence the increasing demand for the cryptocurrency. This birthed cryptoriya which allow users exchange cash for cryptocurrency within 10 minutes globally. The company works with a cryptoriya card with just a little fee. The process of exchanging crypto to cash is so simple that anyone can attempt it.

The following summarizes the steps:

  1. Users will have to log on to cryptoriya.io/application
  2. Chose the cryptocurrency you would like to exchange for cash
  3. Also, select the cryptocurrency you would like to exchange for cash
  4. Send the selected cryptocurrency to the address displayed
  5. You will have an eight-digit code generated on the website.
  6. With this code, you will be able to get across to any agent which is nearest to you.
  7. You will have to meet with the agent and present your order number with your reference number.
  8. The agent will help you generate an OTP which will be sent to your phone.
  9. You will have to share the OTP with the agent. This will allow him to present you with the cash amount you request.

Crypto to bank Deposits: How it Works

The digital currency market is neither restricted by time nor space. As a result, there is a great potential for expansion. As a result, there is a rapid increase in interest in cryptocurrency which facilitates the creation of new tokens that help with day trading.

There are many crypto currencies traded on various exchanges. However, none of these companies provides the service of depositing directly to your local or international bank. The market for cryptocurrency is, however, increasing daily which birthed one of the aims of cryptoriya. Thus, with cryptoriya, users can exchange their crypto into a bank directly. This service is directly applicable to users. This means there is no need to sign up on any web page nor supply any specific document or personal information.

Here is the process with which users can facilitate a crypto to bank transfer:

  1. Users will have to launch the web page or app.
  2. The list of all available cryptocurrency will be displayed. Users will have to select the one he prefers to deposit.
  3. Users will have to select on deposit option, the country list and bank account detail supplied.
  4. After the above limit is selected, users will see their limit on the screen. All necessary detail will have to be supplied before starting the actual transaction.
  5. The user can then send their coin to the display address and confirm the deposit on the network. When this is confirmed on the blockchain network, the amount will be sent to the bank account within 3 working days.
  6. This completes the transaction.

To know more about cryptoriya, kindly visit our website at https://www.cryptoriya.io

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Website: https://www.cryptoriya.io

Whitepaper: https://www.cryptoriya.io/whitepaper.pdf

Twitter: https://twitter.com/cryptoriya

Facebook: https://www.facebook.com/cryptoriya

Medium: https://medium.com/@cryptoriya

Youtube: https://www.youtube.com/channel/UC7JlEEJrtKXg4MHqkRWLn4Q

Github: https://github.com/cryptoriya

Instagram: https://www.instagram.com/cryptoriya/

Bitcointalk: https://bitcointalk.org/index.php?topic=3808463.0

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CryptoRiya

#1 Global decentralized network to Cash-Out or Exchange Any CryptoCurrency. Zero Fees, Peer To Peer & Peer To Exchange. Based on deeply research.