At the present time, cryptocurrencies are already fully integrated into the life of a modern person. Although sometimes it is very difficult for us to control our personal savings, because they are accessed from different places. Let's say one type of cryptocurrency is placed in one wallet, another type in a second wallet, a certain part lies in an exchange account, fiat funds in other places. Vexel's financial system, powered by https://vexel.com/, allows customers to manage monetary assets from one system. How does it work here and is it really practical and profitable to use Vexel?
First you need to open an account with the service, then you can verify the user to increase the payment limits and activate some additional options, e.g. the use of bank transfers.
Users of the service have an opportunity to deposit fiat funds and exchange them into cryptocurrency. To purchase crypto from the service, customers can use a personal Visa or MasterCard debit card. It should also be noted that accepting crypto to personal wallets in the service is free of charge.
It is possible to transfer money from the system to third-party cryptocurrency wallets, say, personal wallets, accounts of exchanges, third-party financial systems. Currency conversion is usually done derivatively. Clients of the system can transfer funds to Visa, MasterCard, UnionPay and various other bank cards. The system also allows making SEPA transfer to the personal accounts in banks.
The system has a unique feature - you may make intra-system transfers to another client of the service instantly and without commission. Clients can instantly exchange their own funds in different directions, let us say, to change fiat money into Ethereum, the exchange will be carried out at the internal rate of the service. Soon it will be possible to take a loan directly from the service, or send their money to a deposit and receive interest. Due to such a variety of instruments, this service is called one of the best in the financial sphere.