Fast money transfer in five minutes

BiyaPay
Published on 2023-07-24 Updated on 2024-12-19

Slow bank approval for cross-border remittances?

Not enough to study abroad?

Traditional remittance fees too high?

Worried your platform isn’t secure enough?

Don’t panic!

These problems, BiyaPay remittance all help you solve!

Who is BiyaPay?

Founded in 2019, BiyaPay is a global multi-asset trading wallet.

In September 2022, BiyaPay’s website was upgraded to become an international wallet that provides multi-asset transactions for customers around the world, including global receipt and payment and international remittance, as well as major investment services such as US and Hong Kong stocks.

BiyaPay supports more than 20 kinds of fiat currencies, adopts the mode of digital assets as the medium, supports the real-time exchange rate inquiry and exchange of more than 10 kinds of digital currencies, and provides users with faster, low-cost and barrier-free online international remittance. In addition to the currency exchange function, BiyaPay has its own intelligent exchange calculator, providing real-time quotation, as well as foreign exchange, cross-border remittance, US and Hong Kong stock trading services.

What are the advantages of BiyaPay remittance?

Advantage one, money transfer is fast and easy

BiyaPay’s currency exchange and remittance are online apps or web operations, no face-to-face transactions, no bank counter operations, can realize global instant transfer;

Advantage two, unlimited limit

Traditional remittance methods (such as TransferWise, Xoom) have limits and policies, but BIYAPAY digital currency conversion fiat currency unlimited amount, instant transfer;

Advantage three, low fees

BiyaPay’s global transfer fee is 1%, compared to traditional remittance methods (such as TransferWise 1.5% and Xoom 1.8%) has a price advantage.

Advantage four, high security

BiyaPay global remittance is completed online, supports the whole process chain tracking, has a number of compliance qualifications support; At present, it has obtained the MSB financial services license of the United States, the MSB financial services license of Canada, and the RIA license of the United States SEC. With perfect KYC certification and professional and legal offshore accounts, fully protect the safety of users’ funds;

Advantage five, the exchange price can be optimized

There is a difference between the exchange price of stablecoins such as USDT and the US dollar relative to the local currency of each country. When the USDT loses value relative to the US dollar, the cost of exchanging the US dollar will be reduced, and when the premium is paid, the arbitrage profit can be made.

How to send money via BiYAPay in 5 minutes?

一、Top-up digital currency for fiat currency (Take top-up USDT for US dollar as an example)

The first step, real-name authentication, binding US dollar bank account

Click the smiley icon in the upper right corner of the app home page to enter the personal center, perform real-name authentication, and bind the US dollar bank account

The second step is to recharge USDT

On the home page of the app, click “Transfer” and select “on-chain recharge” to recharge USDT

The third step is to exchange USDT for USD

app “flash exchange” page, USDT exchange USD

The fourth step is to finally withdraw US dollars to the bound US dollar bank account

Click “Transfer Out” on the home page of the app, and click “Bank account withdrawal” to withdraw US dollars to the bound US dollar bank account

二、Process of converting fiat currency to digital currency (taking US dollar to USDT as an example)

The first step, real-name authentication, binding real-name authentication of the US dollar bank account under my name (does not support third-party top-up fiat currency)

Click the smiley icon in the upper right corner of the app home page to enter the personal center, perform real-name authentication, and bind the US dollar bank account

The second step is to submit the latest three month bank statement and screenshots of proof of source of funds

Click “Transfer” on the home page of the app, select “bank account recharge”, click the recharge bank account to upload the latest three months of bank statement details screenshot, as well as the screenshot of the legal income certificate of funds

The third step, the fiat currency recharge certification audit is passed, you select the “certified” account, and remit to the receiving bank account displayed

Step 4, after the remittance is completed, click “I have transferred money” and upload the screenshot of the payment voucher

The fifth step, after submitting the remittance voucher, please wait patiently, the remittance will generally arrive in one to three working days

The sixth step is to convert USD to USDT

app “flash exchange” page, USD to USDT

Global remittance, global benefit, BiyaPay helps you play global assets!