If you’re looking for the best stablecoin, you can now buy TrueUSD with Payeer on HiExchange. HiExchange provides full anonymity with no mandatory KYC or sign up process. And the good news is that the platform offers the lowest possible transaction fees. TrueUSD is a fully transparent and regulated stablecoin. They provide monthly reports on their reserve which is crucial for investors to know about. Users can now easily buy TrueUSD on HiExchange and take advantage of the many benefits the platform offers.
What Do I Need to Buy TrueUSD with Payeer?
For this transaction, you will need a verified and active Payeer account. Make sure that the transaction amount does not exceed your withdrawal limit. To receive TUSD, you will need a crypto wallet that supports TrueUSD. As for HiExchange, all you need is an email-address since no KYC (know your customer) is necessary. However, bear in mind that there are many advantages available for those who sign up on HiExchange. Want a good reason why? How about winning $100 every month!
Learn more about our Tether Giveaway.
What is TrueUSD?
TrueUSD (TUSD) is a stablecoin based on the Ethereum (ERC20) network. Stablecoins are cryptocurrencies that have their value pegged to another currency. In this case, as you might have guessed it, TUSD is backed by US dollar. However, the question is, why would someone create another stablecoin in this highly saturated market? The answer is, no one offers better transparency and security as much as TrueUSD.
Time and time again, we have heard concerns about Tether not being honest about their dollar reserve. Essentially, a stablecoin issuer must hold as much USD as they have their stablecoin in circulation. Sadly, these companies do not provide full clarity regarding their reserve. Subsequently, in case things get out of hand, the value of the stablecoin can drop in a matter of minutes.
TrueUSD has an emphasis on honesty and transparency to fight the bad reputation about stablecoins. They offer legal protections and real-time audits for users. All of the circulating supply of the token is fully collateralized by USD. The crypto exchange TrustToken issued TUSD in 2018. The TrustToken exchange has mandated a monthly audit for TUSD which means that the users are assured about the state of the reserve. Despite being based on the Ethereum network, TUSD has extremely low transaction fees. This is due to the fact that TrustToken generates revenue from their US dollar based holdings in different accounts. Here on HiExchange, we will exchange your TrueUSD with astonishingly low exchange fees!
You also have the option to exchange TrueUSD to PayPal, Perfect Money and Webmoney on HiExchange.
Why Use Payeer?
First and foremost, Payeer is considered an online digital wallet for better asset management. Be it crypto of fiat, the payment processor is quick, reliable and cheap. In that regard, in a short lifespan of almost 8 years, Payeer is now recognized as one of the very best amongst competitors. Payeer utilizes built-in payment services with giant financial services such as Mastercard, VISA and PayPal.
As of 2021, the Payeer has approximately 7 million users which can transfer funds to each other with extremely low fees. The strength however, lies in diversity. Payeer is far ahead of any similar platform in terms of scale of operation and diversity in supported payment methods. With more than 50 payment approaches, the Payeer wallet offers users various services in one place.
To learn more about Payeer, continue reading “What is Payeer?”
To exchange any cryptocurrency, you will need to find a good platform first. However, despite the diversity, it is quite a difficult task to find a good online exchange. The problem begins by compromising on your standards. You will want good exchange rates, privacy and reliability altogether. And that is hard to find!
Harsh regulations are pushing exchanges to disclose customer data to governments. This goes against the initial purpose of crypto which is absolute anonymity. Even worse, user data is a commodity, large institutions buy your information at a certain price. The best way to make sure your data is safe, is to not share them at all.
However, it is a luxury to offer no KYC, hence many exchanges charge customers with ridiculous exchange rates to compensate for the anonymity.
HiExchange on the other hand gives you everything all at once. Want privacy? We have no KYC. Want the best exchange rates? Well, simply visit Bestchange or OkChanger and see for yourself how we are always on top of their lists.
And to make sure everything goes right, we offer 24/7 customer support
How to Buy TrueUSD with Payeer?
- Enter the homepage first, then select Payeer USD and TUSD from the options in the first step. Enter the amount you want to exchange. Following that, the amount of TrueUSD you will receive will automatically calculate.
- Press Exchange and you will go to the next stage where you will enter your TUSD wallet details, email, and phone number.
- One more time, click on the “Exchange” button and you will go to the next step where you will review your order.
- Complete the captcha and click on exchange to go to the next step where you will obtain a tracking ID. Press the “Pay Order” button to go to the Payeer gateway and make the payment to our Payeer account. Having transferred your Payeer USD to HiExchange, your order will process very quickly.
When you finish the steps above, our team will process your order and send the TrueUSD to your wallet address. The transaction may take a few minutes. In the meantime, you will have a track id to follow up on your order. Simply enter the main page and type in your track id in the specified field to see your live order status. Keep in mind that your track id is private information and you should not share it with anyone else.