We would like to give you an overview of how to make your first cash-out payment with Piixpay. Here’s how you can do you – easy, fast and affordable (0.99%) – SwapinGet.
2. On the right, you will see the tab “SwapinGet”, click on it. It’s next to “New Payment”
InstaFill Tab
3. Select your destination IBAN and coins you want to use. Click “Continue”. Please note the IBAN has to belong to you.
Select IBAN Destination and Coin
4. As a final step, you need to send crypto to the given BTC address. It’s up to you how much coins you want to convert to EURO. As you see we don’t hold any keys so you can use your personal mobile app or exchange account for the transfer.
Send crypto (as much as you want) to the provided address
Congrats! You’ve made your first payment with SwapinGet!
Final note: At the moment you can use SwapinGet with Bitcoin, Litecoins, Dash and our Service coin. More Crypto will be added soon!
Also note: We are non-custodial exchange. We don’t hold your keys.
So as soon as Cryptos are sent (from your wallet provider) we will execute the payment. Thus, confirmations can take up to 2h depending on your wallet provider.
You can cash-out as much as Cryptos you like depending on your user limit levels.
Can we consider the next bull market here or this is just a short-term trend? Let’s analyse the big-boy BTC and ETH.
Bitcoin.
It has been 32 months after the ATH for BTC and now the currency has shown key characteristics for entering a bull market. Let’s first look at the technicals.
The monthly candle is printing a new high above $12,000 (Aug 17). The resistance at $10,700 got finally broken while making the price higher and staying above it. This is crucial and will validate whether we are really out of the woods. This upward move happened because we really manage to keep the 50 MA Monthly (in blue) as an unbreakable fortress and kept the upward movement (green line). Moreover, we see now a classical candle formation (in yellow) indicating that we will reach more upward towards $14,000.
Thus, the risk comes in that area – we will wait for a correction and we expect a down wave, and then up again.
Takeaways:
The MACD and Stoch RSI are entering the bullish territory. However, we expect them to be entering overbought zones sometime Sep-Oct.
BTC remains bullish but still needs to break $14,000. then go down to $10,800 and only after that to aim for ATH. That will validate the bullish scenario.
The Weekly chart shows (Aug 17) room for upside but the most important 200 Weekly MA remains as a solid base.
ALTS have always served as a good indicator that the market is stabilizing. People buy ALTS because they trust in BTC price (however controversial it sounds 😊 ). Meanwhile, DeFi craze is pumping more capital in the Ethereum network. So, let’s take ETH as a good benchmark.
ETH/USD pair rose 80%+ last month giving us very interesting events:
ETH finally managed to get out of the $200 – $260 zone
Clearly the 200 Weekly MA was broken and we remain above it long enough
ETH Weekly
Resistance at $500
The $500 is the area where we saw lots of cluttered trades in the past. This again will be invalidated if we see a clear break upwards in September. The weekly MACD favours bulls and RSI is relatively good.
The Fundamentals.
The BTC Dominance goes down which fuels a bit more the ALTS. This is also an indicator that the market turns actually positive.
A big fundamental event for BTC was undoubtedly the halving which slashed the BTC reward for miners. Thus, we don’t know how much coins are going to flood the market but if we take the stock-to-flow logic we expect higher price due to lower supply.
BTC Dominance
On the other hand, this reminds the previews cycle that emerged in 2016.
Liquid Network also came into play and Bitcoin Options picking up for institutional investors creating a good environment for the Bitcoin ecosystem.
For ETH, things are a bit more complicated since the long-waited ETH 2.0 has to be here this year…but who knows? Currently, the DeFi projects sucked everything out of ETH due to high fees on each contract. So again, the scalability is still an open question – and not resolved!
Of course, we have still had the massive printing of cash, which will eventually add more instability in the FIAT world creating more opportunities in Crypto.
Meanwhile, in the bull market, your assets become stronger… You have to know that heights are climbed, but the downturn will come. Before that, you can always cash-out to stable EURO and be happy with your earnings.
The current partnership enables us to gather more constructive and legit feedback from our users.
As our partner stated: “Revain goal is to give the crypto community a single source of trustworthy feedback about projects, exchanges and other crypto entities.”
On top of that, you will be able to receive tokens while rating our service.
There will be a RVN Token Giveaways coming up for every review! You can use this link: https://revain.org/exchanges/piixpay OR our landing page.
A Blockchain platform enabling users to leave a review and “stamped” on the Bitcoin network. Ideal for exchanges, authors and other entities. Additional engagement is added by AI token reward system.
Crypto-to-EURO payment gateway operating since 2014. Piixpay offers the easiest pay-out flow where users can pay bills, invoices etc. with crypto. Trusted by, miners, traders and Blockchain developers.
What’s Next for Crypto and Piixpay?
An interview with our Founder and CEO – Hannes Kree.
1. Hannes, it’s been a crazy 2020, not only for Crypto but also the whole economy. Tell us in general what’s your outlook?
Indeed, 2020 started very good for Crypto and then Corona hit. I think this will impact a lot of businesses. I see now that more and more Startups are struggling to meet their numbers. There’s just no demand and people look for simple solutions instead for fancy unicorn stories. But, there’s also a good thing – this whole crisis showed how resilient is the crypto-ecosystem. And more people are going to non-conventional finance because our FIAT economy is just failing.
2. How do you see the current new Regulations for Crypto? (AMLD5 in EU)
This is actually something good. We needed clarity and especially in Estonia. You see, these companies that got their licenses easy, are practically non-operational. They had some cool landing pages, but not a real product. And the other aspect is the KYC requirements. I’m a believer that KYC is just needed in Crypto. It will be very hard for the industry to go forward without proper KYC. So That’s why I consider the regulations a good thing.
3. Is the overall market too saturated?
If I can use one word – overloaded. It’s not about saturation but how people are accessing services. There’s just too many entry-points, logins, etc. Also, it’s a question if the companies providing services are actually operational. I think that now we see the actual “fruits” of 2017 Boom. But I see that some companies adjusted their business model and in fact founded their use case. Also, users matured. So, that’s a positive development.
4. What about the current status of Piixpay?
We had tuff times, but we’re back. Don’t want to go into much details. But it’s still tricky to find reliable banking partners. Luckily, we found one. We really want to focus on building new features that our users want. We will be introducing soon Business accounts, on-ramping and more pay-out pairs. Recently, we also added 100 Coins. So, our users can make EURO transfer in various tokens.
I’d like to use the opportunity to thank our users who stayed with us and continue believing in Piixpay!
Also, funding wise, we received great support from Startup Yard – Biggest CEE Startup Accelerator.
And, we got connected to the VC’s and Blockchain players in the region, which helped expand our business there and get more users from the Czech Republic and Poland.
5. The future for Piixpay?
We are opening Piixpay model and working on Piixpay 2.0. I cannot say much about this but it’s really pointing the issue that there are too many crypto services on the market – but there’s no unified platform.
We’re taking actually a working and a proven model, that the Traditional Financial Market has already tested.
We’d glad that comes with know-how gathered at Credit Suisse. Martin Ploom has become our advisor and he has been a VP there, working with various financial products.
That being said, we are now more than open to look for new partners. If you have a working MVP with real use-case, we’d be happy to talk!
Meanwhile, if you’re interested to do simple Cryto-to-EURO payouts, check https://swapin.com/
Piixpay Partners Up With Changelly
Dear Friends,
We joined forces with our outstanding partners at Changelly. What does this mean for you?
You can exchange 100+ cryptos and send EURO to a bank account.
That’s right – you can settle bills directly with ETH, TRON, XML – you name it.
The long-anticipated Bitcoin Halving is approaching and we decided to take a closer look at this event.
Behind the Bitcoin Halving, there are fundamentally two important factors we need to understand first.
Bitcoin block reward will be cut in 2.
There will be 50% fewer Bitcoins to be released (if all miners sell their rewards).
So, what will be the outcome?
The Good Scenario.
Let’s put things in an economical perspective. Fundamentally, an asset that gets issued (and still in demand) becomes fewer – means bigger valuation. If we only take the model of “Stock-to-flow” we will see that Bitcoin’s scarcity is a very important factor in the long run. Our friends from PlanB have put it quite nicely in chart1.
Without going much deeper in the “Stock-to-flow” model, the basic principle is the relation of – how much Stock (available coins) divided by the issuance of it (Flow). The same model has been used for determining prices for Gold and Silver so we can take an educated guess. So, what do we see?
In 2021 we will be heading for 5550 blocks per month (right) and price heading above 10K. This is when we plot the available coins and the moments of halvings. The halving moments are spikes of the black line. The colour dots represent the number of blocks per month mined. The light blue dot is the price indicator and as we can see it is still in good correlation with the black line.
Chart 1
Now, this might be too good to be true since this scenario portrays a very positive picture. So, let’s assume another scenario.
The not-so-good Scenario
In general, the Halving has been always positive for Bitcoin (2012, 2016).
They all made conditions for a Bull market, right? Hence, this time the bull market might be far.
And this because Rob Wolfram depicted an interesting chart. That shows that the bear market will be extended. Rob added deviation bands, showing Bitcoin dips prior to halving events.
Chart 2
These “clouds” around the black line are the moments where the price will hit the bottom part of the deviation and or the upper side of it. Seems that the price will hit 100K by 2022 but there wile many brutal dives between 40K and 90K.
The chart shows also after halving there are bear markets. Like in the last halving, it took 1.5 y to turn Bitcoin bullish again. And this time might require 2x more time.
Where do we stand from here – conclusions?
For Piixpay, Bitcoin’s halving is still a very positive event. This is due to the fact that we are entering an era of unlimited Quantitative Easing. In other words, printing money will be a norm for many Western Countries.
This will create inevitably devaluation of assets. Your cash purchasing power is at risk. In other words, Bitcoin will start to compete with the Dollar. Thus, the demand for scarcity assets will raise. Retail will look for storing a decentralized asset and Investors will look for hedge.
Like the Dollar and EURO, Bitcoin will eventually become an alternative currency to pay. In fact, the demand for these kinds of payment solutions will rise. If you still want to connect your crypto-system with the FIAT, then consider Piixpay a great payment gateway. With us, you can really pay anyone in crypto as recipients will get EURO. Simple as that.
To conclude.
In these unprecedented times, we are witnessing a historical moment. As the economy and markets become more volatile – Bitcoin becomes less unstable. Because it follows its own rational logic. Math. That’s all it is.
The Piixpay team had a great time attending the CryptoFin Conf in Tallinn. Thank you all for attending and meeting us!
Buy gold, pay in Bitcoin and win valuable gold bar!
Buy a minimum of 1 gram of gold bar from our partner Aufort and pay with bitcoin and win a valuable 10g gold bar worth about €450! Like and share this campaign on Facebook and win 0.5 gram gold bar as an addition! The campaign period is September 9-30.
2. Buy a minimum of 1 gram gold bar and pay with cryptocurrency (Bitcoin, Bitcoin Cash, Litecoin, Dash). Each purchase gives one (1) vote. More votes give you a better chance of winning.
Buy gold, pay in cryptocurrency
3. Share the campaign on Facebook and TAG a friend in the comments who might be interested in this campaign and win 0.5 gram gold bar as an addition! Each comment gives one (1) vote. More votes gives you a better chance of winning.
The prize draw will take place on October 1st and the winner will be announced on Aufort and Piixpay‘s Facebook page. The winner will be contacted by Aufort’s staff as well. Prize can be collected from the office of Aufort, Viru väljak 2, Tallinn (Estonia). Aufort reserves the right to change the campaign’s terms or terminate earlier.
Piixpay co-hosting the showing of Trust Machine movie in T1 Mall. 13 October.
As a warm-up to the coming Cryptofin Conference, The Estonian Cryptocurrency Association and Piixpay are organising the showing of Trust Machine movie. TRUST MACHINE is the first blockchain-funded, blockchain-distributed, and blockchain-focused documentary.
Cryptofin Conference accepts crypto payments for tickets, powered by Piixpay. Get your ticket here: Cryptofinconf.com
Buy tickets for Cryptofin Conference using Bitcoin – powered by Piixpay
CryptoFin is the largest Blockchain & Alternative finance conference in Northern Europe where You can pay for your ticket using cryptos: Bitcoin, Litecoin, Bitcoin Cash and Dash.
It will be an amazing event.
If you want to keep pace with the times or take an interest in innovations and blockchain technology, as well as in alternative opportunities for financial instruments and the future of the banking sector, then you can’t miss this event.
At the two-day CryptoFin conference, the best speakers are waiting for you to share their ideas, knowledge and vision of market trends.
