Nowadays, cryptocurrencies are very much a part of everyone's life. However, sometimes it is very difficult to exercise control over one's finances, because they are accessed from different systems. For example, one type of cryptocurrency is placed in the first wallet, another type in another wallet, some part of it is on an exchange, and fiat funds are somewhere else. Vexel's unique system, which works on https://vexel.com/, allows you to manage your funds from one service. How does it work and is it really profitable and convenient to use the service?
First of all you need to register in the service, then if necessary you can verify your identity to increase your payment limits and activate some unique options, let's say using a bank transfer.
Clients of the service are given the opportunity to deposit fiat money and exchange it later for crypto. To purchase cryptocurrency from Vexel, users can use their own Visa and MasterCard debit cards. It is also worth noting that accepting crypto into personal accounts in the system is free of charge.
It is possible to withdraw money from Vexel to third-party cryptocurrency wallets, e.g. private wallets, accounts of exchanges, third-party financial services. Currency conversion is usually done derivatively. Clients of the system can transfer money to the bank cards Mir, MC, Maestro and various other cards. The system also allows SEPA transfers to personal accounts in banks.
The service has a unique feature, you can make an internal transfer to another Vexel client instantly and for free. Users can quickly exchange personal money in different directions, for example, fiat money can be exchanged for Ethereum, the exchange will be carried out at a special rate of the system. Soon it will be possible to take a loan directly in the system, or send part of the money to a deposit and earn interest. Due to the rich abundance of a variety of instruments, such service can be called one of the promising in the field of finance.