Many Yandex Money (Yumani) users pay for purchases in online stores. On Russian sites everything is simple: the information is written in Russian, the support is also Russian. When making payments on foreign resources, everything is more complicated: clients, at the very least, get to choosing a payment method and are faced with the words “Wallet” and “Cash”. To successfully shop on foreign websites, you need to understand what these concepts mean.
- What is Wallet
- What is Cash
- Conclusion
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What is Wallet
Wallet translated from English means wallet. Accordingly, when choosing this type of payment, the funds will be debited directly from the personal wallet account. Let's consider this payment method using the example of a well-known foreign online store - Aliexpress.
After going to the payment selection, you can see that opposite the inscription “Yandex Money (Yumani)” there are two images: a wallet and a stack of coins. This means that payment in cash and electronic money is supported.
Supported payment methods
To write off funds from your wallet, you must check the Wallet box.
Payment from a wallet When moving to the final stage of processing a payment, you will need to enter its data into special fields and click the “Pay” button (on other resources it may be called differently).
Final stage of registration
All that remains is to confirm the transaction using the code that will be sent to the linked number. After these manipulations, the funds will be debited from the wallet and credited to the store’s account.
Register a BCH wallet
Create a wallet
The decentralized cryptocurrency Bitcoin Cash is one of the most popular and sought-after forks of the world’s main digital coin. Its creation occurred as a result of the split of the Bitcoin blockchain. Thanks to the improved cache characteristics (its size is quadrupled), Bitcoin Cash is transferred faster and is better protected.
In this article we will talk about how to create a digital storage for this asset. This is especially true against the backdrop of the overall growth of the market and the BCH rate in particular.
AdvCash payment system affiliate program
In the header of the site you can find the “Referral Program” section. It contains your personal link - send it to your friends, colleagues and any other Internet users.
Everyone who registers with it will earn 20% of the system commission from each transaction for life. This makes it possible not only to have a convenient AdvCash wallet at hand, but also to earn money from it.
By the way, the Payeer payment system has a similar offer. There, the referral system includes as many as 6 levels, from which you can receive up to 25% commission. If you actively use this payment card, then don’t forget to tell your friends about it.
Types of Bitcoin Cash wallets
A special page on the official cryptocurrency website talks in detail about what types of Bitcoin Cash wallets can be used. There you can also find a link to projects that are recommended in each individual case. We recommend making a choice based on these tips, because... the official website will not provide links to scams.
Briefly, there are four main types of storage:
- mobile (can be downloaded to devices running IOS and Android);
- desktop (can be downloaded and installed on devices running Windows and macOS, Linux);
- hardware (devices similar to flash drives that allow secure storage without access to the network);
- browser-based (less secure, but very convenient for online payment, tied to an Internet browser);
- paper (just a sheet of paper with private and public keys, allowing you to store digital money without the risk of any type of hacking).
Another good option would be to save on one of the popular and time-tested exchangers or exchanges. Such sites will make it possible to buy digital money for fiat (or exchange it) and set up its storage on internal storage facilities with a bunch of verification systems that eliminate the chance of hacking.
Bitcoin Cash rate
The current Bitcoin Cash rate is going up, like the entire market.
You can get acquainted with its dynamics simply and conveniently on the Bitcoin Cash rate page [link to the “Bitcoin Cash rate” page]. Overall average numbers will be posted at the top of the page. Below we will find a graph that can easily trace the development of the coin on the market. The most successful moment for the asset was the first months after listing. Against the background of the first noticeable growth of the market in 2017, at its peaks, BCH reached $3,700 per unit. Later there was a decline, like everyone else.
Now the coin’s chart almost completely copies the Bitcoin chart (adjusted for its own established price).
In the future, you can expect its price to rise, but it will definitely not be as powerful as that of “digital gold”. In the period from the spring of 2019 to the current moment, there was an approximately two-fold increase. This is encouraging, but not that strong.
Bitcoin Cash Hot Wallets
Bitcoin Cash hot wallets are storage facilities that maintain a constant Internet connection. They are convenient because transactions and spending with their help are available literally at any time.
A good solution (recommended on the official BCH website) would be to use:
- Bitcoin.com.
- Bitpay.
- Electrocash.
- Bitpay.
- Coinomi.
It is important to understand that all of these versions have good security, but can be hacked due to clumsy mistakes of an inexperienced user.
Cold Bitcoin Cash Wallets
Cold Bitcoin Cash wallets are a compromise between secure hot storage and weakly secure browser-based varieties. With their help, the information necessary to access the cryptocurrency is stored on a USB drive. The best storage options are highly secure and more practical than paper ones.
The official Bitcoin Cash website recommends using:
- Ledger;
- Trezor;
- Coldar.
The first two versions are very popular both among Russian-speaking cryptocurrency investors and in the Western segment of the market. Their reliability has been proven by time and the complete absence of hacking incidents.
What is Cash
Cash translated from English means cash. When choosing this payment method, it is assumed that the money will be deposited in cash through an ATM or terminal.
To select this method, you need to check the “Cash” box on the website.
Cash payment point
After this, a form will open in which the payer’s personal data is recorded. This is required by Russian legislation, which prohibits anonymous transfers of funds in order to counter criminals.
Appearance of the form for payment through the terminal
After entering the data, a unique payment code will appear on the page. It needs to be remembered or written down. This sequence of characters is entered into the terminal when paying; without it, funds cannot be transferred.
You can deposit funds in several ways:
- through an operator in Svyaznoy and Euroset stores;
- using a terminal;
- using an ATM.
To pay through a mobile phone store you will need:
- Approach the employee at the checkout and say that you want to pay for your purchase through Yandex Money (Yumani). Then indicate the amount and payment code (the one that appeared after filling out the form on the site).
- The cashier will issue a preliminary receipt and once again dictate the information for verification.
- If everything is correct, you can give the money to the employee.
- It will print a payment receipt which you need to save. In case of disputes, only she will be able to confirm the fact of the transfer.
Important: it is advisable to check with the operator whether there is a commission. In most cases it is absent, but it is better to be safe. Otherwise, the order will not be paid, since the amount will be less than the required amount.
To pay through a terminal or ATM, the algorithm of actions looks like this:
- Find the inscription “Yandex Money (Yumani)” in the device. Usually it is located in the “Payment systems” section.
- Click on it and enter the code received on the site in the field called “Account Number”.
- Insert the required amount into the bill acceptor and click “Continue”.
- Wait for the receipt and save it.
Important: if the amount deposited into the terminal is more than required, then Yandex will transfer the difference to the mobile account (maximum 1000 rubles).
Best Wallets for Bitcoin Cash
To find the best wallets for Bitcoin Cash, just visit the Wallets section on the official cryptocurrency website. The list on this page is regularly checked for scams and updated. Developer representatives fully trust the versions listed there.
In this regard, there is no point in looking for additional ratings and lists from unofficial sources.
Multi-currency wallet Matbea
The Matbea multicurrency wallet can be an excellent solution for those who would like to save their coins on an exchange platform with Russian-language support and a high-quality security system.
An ordinary user simply registers on the project and receives:
- built-in cryptocurrency storage linked to your account (without the need for complex creation and configuration);
- the ability to trade a long list of digital assets, including Bitcoin Cash;
- the ability to invest in cryptocurrencies from cards of most Russian banks;
- a good security system and protection of stored funds.
The list of available assets on the Matbi site is regularly updated with new options and brings the project to the list of the best domestic analogues to Western and Asian exchanges.
Matbi is a Bitcoin wallet and exchanger,
we have been working since 2014
Payment system AdvCash (AdvCash): a brief overview of the payment system and its capabilities
The Advanced Cash company launched its payment system in 2014, and in just 5 years of existence on the market, it has significantly surpassed many competitors in this area. It is registered in Belize (a well-known offshore) and has all the necessary licenses to legally carry out its activities. The high popularity and demand of the system is due to several reasons.
Firstly, using the AdvCash payment system, you can make fast and profitable transfers to more than 200 countries around the world to an email address, Visa/MC bank card and other users of this wallet. All it takes is a few clicks.
Secondly, all money transfers within the system are carried out without commission. If we take other payment cards as an example, then WebMoney charges 0.8% for internal transfers, and Yandex Wallet charges 0.5%.
Thirdly, until recently it was possible to order a plastic and virtual ADV card, which provides excellent additional opportunities to the user of the system - fairly high limits on withdrawals and transfers of funds with minimal commissions. At the time of writing, their release has been suspended, but on the official website of Advanced Cash in the section with cards it says “Coming soon,” which indicates the renewal of cards in the future.
And I have only listed the main features of AdvCash, which can be called the calling card of this system. I will talk about other equally important features of the system below.
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Security Factors of Crypto Wallets
In order to avoid becoming a victim of hackers, burglars and thieves, it is important to worry about such a parameter as the security factors of crypto wallets. To protect yourself from negative aspects, you need:
- Securely store private keys (preferably on a device without access to the network).
- Do not download unverified, unofficial programs and files.
- Be careful when visiting websites and checking addresses (so as not to end up on fake sites and enter login data there).
- Do not follow unverified links, even if they came from acquaintances and friends.
Or use the services of platforms such as Matbea. To access your account and savings, comprehensive three-factor authentication is implemented. It will be difficult for any ill-wisher to pass it. Even if someone finds out the password and 1-2 verification tools, you will not be able to log into your account.
Mobile application from Matbea for transactions with cryptocurrencies
For maximum protection within the service, it is recommended to use the Matbea mobile application for transactions with cryptocurrencies. It is installed on iOS and Android OS. The first operating network is extremely closed and has no chance of being hacked. The second one is also safe if the phone has not been modified and has not downloaded unverified files.
Advantages and disadvantages of the Advanced Cash payment system
AdvaCash is an excellent system that has both a number of strengths and some nuances that you should definitely pay attention to before registering. Let's weigh the pros and cons of this online payment together.
Advantages of AdvCash:
- First of all, AdvCash is an offshore electronic wallet that, if necessary, provides you with complete anonymity when making money transfers;
- the system has a very convenient and functional website, after registering on which you will quickly understand the principle of its operation and all the possibilities it provides;
- internal transfers in the system are carried out without commission;
- store funds in the system reliably and safely - a well-thought-out security system is responsible for this;
- a wide variety of methods for withdrawing and depositing funds to the AdvCash wallet;
- support for multiple currencies (multi-currency account);
- presence of a referral program - you will receive pleasant bonuses for attracting new users;
- instant execution of monetary transactions;
- Operational work of the support service is entirely in Russian.
Cons of AdvCash:
- The AdvCash system does not have its own mobile application, which would create additional convenience. But administrators say they are actively working on the issue;
- due to its relatively young age, it is not yet as actively used by Russian Internet users and projects to earn money as many other competing systems;
- At the moment, the issuance of cards has been suspended, which creates some restrictions on the free use of one’s funds.
As you can see, the nuances of the system are not significant at all, and moreover, they are highly likely to be corrected over time.
How to top up your wallet
In order to top up your Bitcoin Cash wallet, you just need to know its public address and use the services:
- cryptocurrency exchanges;
- exchanger website;
- cryptomat;
- another person who has BCH (not so secure).
It is important to understand that no other data except the address (consists of a long, without spaces, list of Latin letters and numbers) needs to be provided to anyone. And yes, the public key (sending address) is always shorter than the private one. Don't get confused.
The cheapest rate to exchange a cryptocurrency for another cryptocurrency will usually be on an exchange. A favorable exchange rate for fiat to Bitcoin Cash can usually be found at exchangers. Almost everywhere now accepts payments from Visa and Mastercard.
How to recover your Bitcoin Cash wallet
Depending on the type of storage used, the question of how to restore a Bitcoin Cash wallet is solved in one of the following ways:
- Using a storage backup that has been previously copied and placed elsewhere;
- through a SEED phrase (of 12, 18, 24 words), which is generated at the time of first setup;
- recovery through the wallet.dat file (an encrypted file containing personal information and keys), which in the future simply replaces a similar file on a new empty wallet.
If you take care in advance about the safety of one of these types of restoration, you will not be afraid of problems with restoration.
