- Buying Bitcoin through WebMoney and storing “digital gold” on WMX has the following advantages:
For users who do not want to create a cold Bitcoin wallet or are used to using Webmoney, the system offers WMX. It allows you to perform various operations with cryptocurrency: withdrawal to a Bitcoin address, exchange of bitcoins for WebMoney (wmx), transfer and others.
General information about WebMoney wallet
WebMoney Transfer system - EPS for online transactions. It was launched in 1998. Official website: wmtransfer.com. The main operations in the system take place through it, as well as the WebMoney Keeper program. Each participant is assigned a WMID. This is a 12 digit number. A separate wallet is created for different currencies. There is also a title block for the Bitcoin cryptocurrency, which is displayed as WMX.
Wallet management is carried out through client software:
- Browser version - Keeper Standard.
- Program for the Windows operating system - Keeper WinPro.
- Advanced browser option - Keeper WebPro.
There is an application for the phone. This simplifies the process of using cryptocurrency. For example, WebMoney Keeper. With its help, you can control the balance in your wallet, issue an invoice, transfer and receive money, pay for the Internet, telephone and housing and communal services, chat, and exchange files.
Using the service, you can buy cryptocurrency and make transfers within a few seconds. The system charges a commission of 0.8% for transactions. The same percentage is typical for transactions via WebMoney Bitcoin wallet. At the same time, the upper limit of the commission is limited (for WMX this is 50 title units).
What do you need to know?
The WMX wallet in the WebMoney system is suitable for those users who constantly use this service and do not plan to change anything. This option is also convenient for beginners who want to buy cryptocurrency. You just need to study the nuances of the system.
Features of WMX wallet:
- The organization INDX Transaction LTD acts as a guarantor of the Bitcoin wallet on WebMoney. This is an exchange platform on which shares of many large organizations from Russia and the world are traded. These include securities of Amazon, Google, IBM, etc.
- 1 WMX title is equivalent to 0.001 Bitcoin. 1000 WMX is equal to 1 BTC.
- After registering a new wallet, the user receives a unique address to which they can transfer and receive funds. Bitcoin is credited to the WMX wallet after mining the next six blocks on the network (an hour on average).
- The WebMoney system does not limit the number of WMX that can be stored in a wallet.
- The minimum amount for replenishment is 0.0001 Bitcoin or 0.1 WMX.
- The lower threshold for withdrawal is 0.001 Bitcoin or 1 WMX.
- To conduct transactions with BTC, you will have to obtain a formal certificate. To get more opportunities you will need initial or personal certificates.
- WebMoney reserves the right to delay the withdrawal of cryptocurrency up to 24 hours (for initial and personal certificates) and up to 48 hours (for formal certificate). In both cases, when withdrawing up to 0.3 Bitcoins, there are no time delays.
- The system commission is 0.8% (the minimum threshold is 0.01, and the maximum is 50 WMX).
- If the user works with an amount that is not a multiple of 0.01 of the Bitcoin titbit, there may be delays or refusal of the transaction.
WebMoney Bitcoin: WMX exchange
Exchange for other currencies can be done in 4 ways:
- Bitcoin within the system.
- Using the WebMoney exchange https://wm.exchanger.ru.
- Exchange https://indx.ru.
- Bitcoin on third-party resources.
If you want to exchange BTC within the WebMoney system, this is not a very profitable option. Due to the fact that the cryptocurrency on WebMoney has a rate that differs significantly from the market one. Therefore, users often choose to use Webmoney, a special cryptocurrency and fiat currency exchange https://wm.exchanger.ru. This section is intended for exchanging WM title units between participants automatically.
When submitting an application, the user pays a commission of 0.8%. Payment for the application is carried out using a direct transfer to the section’s wallets using the Merchant service. Applications that are paid are shown to participants and posted in the “Current WM Exchange List”.
To exchange, you must assign a counter to the new application and pay for it. Or set up your own application at the desired rate and wait for users to buy it. Funds that correspond to the volume of the transaction will be transferred to the participants.
WebMoney also offers its own trading platform - an exchange for cryptocurrencies and other assets https://indx.ru. This Internet exchange is an automatic network that provides open access to trading for WM registered users.
(Important!) You don’t have to create an account here - if you are a Webmoney user, then all the tools are provided here.
How does the exchange take place?
The exchange is carried out using so-called notes - conditional denomination. A note is assigned upon registration of a specific asset, for example Bitcoin. The advantages of the WebMoney exchange concern not only the convenience of working with the digital currency Bitcoin. WebMoney is also convenient in payment matters:
- the service does not charge commissions for completed transactions;
- You also won’t have to pay for account maintenance;
- When replenishing a trader’s account, you will only need to pay a WebMoney commission - 0.8% of the amount.
To start working with the exchange and exchange WMX into Bitcoins, you need to top up your account. This is done instantly: in the “Wallet” tab, enter the amount in WMZ in the appropriate field and click “Top up”.
Or go to the Bitcoin (BTC) tab on the right, copy the address (if it doesn’t exist, you need to generate it), and top up WebMoney in Bitcoin.
It is worth considering that all trading on the site is conducted 24/7/365 . However, the exchange operates with a technical break from 23:45 to 00:00 the next day (CET time) or from 1:45 to 2:00 (Moscow time).
You can also exchange funds in a Webmoney wallet for cryptocurrency assets on third-party resources. Although they may offer a more favorable Bitcoin rate. However, you should be careful - check each resource. If you are going to transfer funds to avoid scammers.
How to create a Bitcoin wallet with withdrawal to WebMoney
New users must first register. You need to go to webmoney.ru and click on the “Registration” icon. Then fill out all the fields in the form that appears, indicating your personal data, phone number and email address.
A link will be sent to your email to confirm the operation and log into your personal account. A code will also be sent to the linked phone to complete the verification procedure. It must be entered into a special field in your personal account. To create wallets, the user needs to obtain a certificate no lower than formal. Instructions for obtaining are in the “Certificates” section.
Main stages of verification:
- sending a photo or scan of your passport to the certification center;
- checking the authenticity of documents;
- issuing a formal certificate to the new user.
To create a WMX wallet, you need to do the following:
- Log in to your WebMoney personal account and go to the “Wallets” subsection.
- In the menu on the left, click on the “Create” icon.
- In the list that opens, select the desired title unit (in our case WMX) and click “Next”.
- Agree to the terms and conditions of the system by checking the appropriate box.
- Click on the “Confirm” icon and check whether the desired wallet appears in the main menu of your personal account.
Note! WMX is just an intra-system index. To carry out transactions with Bitcoin, you must obtain a personal BTC address. To do this, you need to go to your personal account and click on the “Receive” button opposite your wallet.
The system will give the user a unique address, thanks to which it will be possible to conduct external transactions and mine cryptocurrency.
How to create Bitcoin wallets for WebMoney
Creating a bitcoin wallet in webmoney is quite simple if you are already registered in the service. To do this, you just need to launch the keeper client and take 4 steps:
- on the top panel select the menu – wallets – create a new one;
- in the window that appears, select WMX and enter a name for it, which will be displayed only for you;
- accept the storage conditions by checking the appropriate box;
- We confirm that the wallet is ready, after which you can immediately start using it.
Now you can sell or buy Bitcoin via WebMoney inside your wallet. But at the moment there is still no link to the blockchain and bitcoins themselves, which is why this currency is so far only a branch of the dollar. Therefore, we take the following 2 steps:
- go to the website and click on the “operations” tab and the “replenishment” subsection;
- in the menu that opens you can see a list of available wallets, and the “Receive” button will be indicated next to the treasured WMX.
As a result, you will now be able to credit btc to webmoney immediately during the mining process or upon transfer from the exchange. This approach significantly simplifies activities and opens up enormous opportunities for future activities.
All this becomes possible only after receiving a formal certificate. Now all you need to do is send a scan of your passport (requirements sometimes change, and the administration may ask for a photo).
How to top up your WMX wallet
You can top up your WMX wallet with both bitcoins and fiat money. To transfer funds to your own storage account, you need to select a wallet with the title sign that will be converted into BTC, and then click on “Deposit”.
The payment system will offer three options:
- transfer of funds from another electronic wallet;
- exchange BTC for WMX title sign - transfer of cryptocurrency from hardware BTC storage;
- exchange of any WM currency for the WMX title unit - transfer/conversion between your own wallets.
The second option makes it possible to exchange bitcoins for WMX currency.
To make a transfer, the WebMoney system will generate a unique address for the wallet, which consists of 34 chaotic characters. In addition, you can use the QR code to confirm the transaction.
The third option allows you to exchange between your own storages. The user simply needs to specify the currency type and the transfer amount. The system will immediately calculate how much WMX will be received as a result of the exchange. All transactions are completed instantly.
Important! From the beginning of 2022, a limit has been set on the minimum amount for replenishing a wallet. It should not be less than 0.0001 bitcoin. Otherwise, the system will ignore the operation.
Withdrawal/Transfer of Bitcoins
- Firstly, you can always exchange your X for rubles or dollars.
- Secondly, you can send from WMX to WMX wallet.
- Thirdly, you can send money from WMX to a regular Bitcoin wallet (for example blockchain.info).
I warn you that at the moment WebMoney is not designed for regular btc transfers, because... Recently, a minimum fixed commission of 4.75 WMX (this is approximately 1600 rubles at the current Bitcoin exchange rate of $5800) +0.8% has been established. This means that it will be profitable to transfer only large amounts. The maximum commission will be 10 WMX for any transfer. The maximum transfer amount is set at 0.3btc, which is also not very convenient for large holders.
The screenshot shows what the commission will be when transferring 100 WMX (this is a fixed 4.75 + 0.8%).
It is much more profitable to store btc in specialized wallets, and buy for the same webmoney in exchangers, see the favorable rate here. WMX is only suitable for those who don’t want to understand it yet, but want to buy cue balls now, from their familiar WM.
Withdrawing bitcoins to a WebMoney wallet
To transfer bitcoins earned through mining or received as a result of exchange to WebMoney, you must register the address of your personal WMX storage on the service from which the withdrawal is made.
How to find out your own address? There are several ways to view your wallet details. One of them:
- go to the “Wallets” section and select WMX;
- press the “Replenishment” button
- select the sub-item “Bitcoin Transfer”.
Before making the transfer, the system will display the storage address. The user only has to go to the resource from which bitcoins will be withdrawn. Then indicate your wallet details there and withdraw WMX to WebMoney.
Wallet replenishment
In order to transfer bitcoins to webmoney from external bitcoin wallets, you need to select Top up -> BTC transfer in the WMZ context menu. You will be redirected to the website wmx.wmtransfer.com, where you will receive an address to receive funds.
In the “Address for replenishment” column there is your number for receiving btc. Indicate it to your counterparty.
Withdrawing BTC from WebMoney to a card
To perform this action, you must obtain a formal certificate. It is assigned to the user after checking his personal data. After this, you will be able to withdraw bitcoins from your WebMoney wallet to your bank card. To ensure a smooth transfer of amounts to VISA or Mastercard, link the card to your account.
You will need to authenticate in the system using WMID and password. You can also use E-num, an authorization system that provides access to Webmoney Transfer through a secret key. Next, go to the “Wallets” tab in the WebMoney service and click “Withdraw”. There you will see all the methods that allow you to withdraw both bitcoins and other funds from your WM wallet.
Our advantages
Security during payment transactions. Our partners are reliable services engaged in the exchange of Webmoney WMZ
Bitcoin
(BTC)
is not the first year. You can confidently trust them with both small and large amounts without fear of fraud.
Detailed statistics. Select exchangers and view all the necessary information. The description indicates the current exchange rate, the minimum amount for an exchange transaction, the amount of reserved funds, the deadline for executing applications, as well as other conditions.
Reviews about the work of services. Visitors to our website are given the opportunity to view comments from clients who have already exchanged Webmoney WMZ
to
Bitcoin (BTC)
. You will also be able to leave feedback about the transaction.
The most favorable rate. Our partners offer loyal conditions to users. Thanks to special offers, you can save money - the benefits are especially noticeable when converting large amounts.
Convenient search system. Find services by currency type, name and other parameters. Just a couple of clicks, and the system will leave only relevant offers that best meet the specified conditions.
Built-in calculation calculator. Use a special tool to calculate the commission, the amount of funds required for the transaction and other features. Choose the most profitable option for exchanging Webmoney WMZ
on
Bitcoin (BTC)
among those available in a minute, using a convenient calculator that takes into account all the subtleties.
Clear interface. You will not have any difficulties learning the functionality. Any user, even those who have never used such services before, will quickly understand the convenient navigation.
Possibility to exchange Webmoney WMZ
to
Bitcoin (BTC)
at any time. Some services operate 24 hours a day. Application deadlines can be clarified on the website of the selected exchange office.
Advantages and disadvantages of buying cryptocurrency through Webmoney
WebMoney allows you to conveniently exchange bitcoins for rubles. You can easily convert BTC from WMX into different title units, and then withdraw the amount to your bank card. How to do this? You exchange Bitcoin, for example, for WMR and withdraw money to the card. And vice versa. Buy your native currency using a card and exchange funds for WebMoney Bitcoin. Wallet security is also very important. Its level is significantly higher than in other crypto wallets that allow you to store BTC.
Buying Bitcoin through WebMoney and storing “digital gold” on WMX has the following advantages:
- You can determine the amount of commission for miners yourself.
- No intermediaries. You only pay to the service (for depositing and withdrawing funds).
- It is possible to buy Bitcoin coins at a favorable rate. You choose the prices.
- BTC purchased with WebMoney are delivered instantly, without delay.
- Buy without risk. cryptocurrency by ad.
- Easy buying/selling Bitcoin.
- Fast withdrawal and exchange of Bitcoin.
Disadvantages of buying BTC for WebMoney:
- The price of purchasing Bitcoin depends on the user’s ability to place orders. To convert cryptocurrencies into dollars at a favorable rate, it is important to be able to wait (for the best BTC rate).
- Are you thinking about how to transfer bitcoins to WebMoney anonymously? This is impossible here. Your details and passport details will appear.
Buying Bitcoins
Buying bitcoins through the Webmoney service and storing them in WMX is a way of working with digital currency that has both advantages and disadvantages. Pros and cons of WMX:
pros | Minuses |
Webmoney is considered one of the most reliable and proven services, which has software that guarantees users the safety of their funds. Bitcoins in WMX are stored by the title guarantor who has entered into an agreement with Webmoney. Therefore, in the event of an erroneous transaction or an attempt to deceive by another participant in the transaction, the transaction will be canceled and the money will be returned | There is a big difference in the rates for purchasing and selling Bitcoins. In addition, in the Webmoney system, the rate of digital currency is often unfavorable. |
Buying or selling bitcoins is quite simple. You will need to purchase currency using a bank card, for example, WMZ or WMR. After that, exchange the funds for Webmoney Bitcoin. The reverse process is as follows: exchange bitcoins into another currency, then transfer funds to the card | There is no customer anonymity in the Webmoney payment system. In order to register, you need a formal certificate, for which user documents are provided. A formal certificate has limitations and limits, which means that you will have to obtain higher certificates |
Bitcoin cryptocurrency in the system is easily withdrawn, exchanged and used for purchases | Difficulty in learning and using the service |