Exchange Pax Dollar USDP to Revolut GBP

You give Pax Dollar USDP
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Minimum amount 300 USDP
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You get Revolut GBP
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Alfa-Bank RUB
Sberbank RUB
T-Bank (Tinkoff) RUB
Raiffeisen RUB
Faster Payments System RUB
Openbank RUB
Avangard RUB
Russian Standart RUB
VTB RUB
Gazprombank RUB
MKB RUB
MTS Bank RUB
Post Bank RUB
Promsvyazbank RUB
RNCB RUB
RSHB RUB
Sovcombank RUB
Rosbank RUB
Home credit RUB
Kukuruza RUB
Mir Card RUB
Business account RUB
Visa / MasterCard RUB
UnionPay Card RUB
Company account RUB
YooMoney RUB
Volet.com (ex. Advanced Cash) RUB
Payeer RUB
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Attention! Most payments to Visa / MasterCard are credited within 30-60 minutes, but in rare cases delays up to 5 business days are possible..

We withdraw to almost every country in the world, but before exchanging money we recommend to check with the operator whether it is possible to withdraw to your country.

If the payment to your bank card is rejected by the beneficiary bank for any reason (exceeding the card limits, card blocking, card issue less than 2 days ago, etc.) you will be given a choice:
— make an exchange to another destination;
— make a refund minus a 3% commission and a sending fee (according to our refund policy).

In rare cases, we may ask you for additional information about the recipient in order to expedite the exchange.
We do AML checks on the funds we receive. Please read our AML policy carefully before paying for order.
Be careful! We do not accept funds from the following exchanges: Garantex, CommEx. Funds sent from these exchanges will be lost with no possibility of recovery.
Instructions: Exchange Pax Dollar USDP to Revolut GBP
To make the exchange you need to perform the following steps:
1.
Fill out all the fields in the form above ↑.
2.
Read our the Terms of Service, and if you accept them, check the appropriate box.
3.
Please read and accept the User Agreement and agree to the processing of your personal information by checking the appropriate box.
4.
Press the "Start Exchange" button.
i.
When paying for an order, make sure you are not sending funds from a contract wallet. Such funds will not be credited to our account.
i.
The rate is fixed when the order is created and the customer has paid within 30 minutes after creation. If payment is not received within 30 minutes → the order is automatically deleted (payment of the order → 2 confirmation of the transaction in the Pax Dollar network).
i.
If the exchange rate of the received or given asset to the dollar on Binance changes by more than 5%, the service reserves the right to recalculate the exchange rate at the time of receipt of payment.
i.
The processing of your order begins immediately after 2 confirmations of the payment transaction in the Pax Dollar network and crediting the balance of the payment platform / exchange. If within 30 minutes after the creation of the order transaction does not receive 2 confirmations, the service reserves the right to recalculate the rate according to the Binance at the time of their be received (if the operator online). If at the time of receive of the 2 confirmation the operator is offline, the service reserves the right to recalculate the rate at the time of resumption of the operator (according to work schedule).
i.
If a transaction sent by you as a payment for an order is marked by the payment platform/exchange as a "deposit from Dark Market" or a "suspicious transaction" → processing of the order is suspended until the incident is resolved and may require the customer to verify (KYC).
i.
By making this exchange, you automatically agree to all its terms and conditions.
5.
Pay the order by transferring the exact amount to the credentials specified in the description.
6.
After making the payment → click the "I have paid" button.
i.
If the client has paid the order, but due to circumstances wants to cancel the exchange, the return of funds is minus 5% of the payment amount + commission within the payment system and the difference in the exchange rate.
7.
Wait for the transfer of funds from the service to the credentials you specified. All information and transfer status can be viewed on the page "Status of the request", which opens immediately after order was created.
i.
Note: The operator online status is required to perform the exchange (operator status is listed in the bottom right corner of the page). If you have any questions, please contact the operator with the Chat in the bottom right corner or at the addresses listed on the Contacts page.
*
The value specified in the field "Amount (including PS fee)" is approximate and may differ from the fee charged by payment system. Check the exact amount of transaction fee from the support service of the payment system.

More about currencies

Pax Dollar USDP

Introduction

The Pax Dollar (USDP) is a prominent stablecoin designed to bridge the gap between traditional fiat currencies and the rapidly evolving world of cryptocurrencies. Launched in 2018 by Paxos Trust Company, USDP aims to provide a stable, transparent, and secure digital dollar that investors and users can rely on for various financial activities. Unlike volatile cryptocurrencies like Bitcoin, USDP is pegged to the US dollar, offering a reliable digital asset for trading, remittances, and digital asset management.

Key Characteristics

The Pax Dollar (USDP) features several key attributes that differentiate it from other stablecoins:

  • Full Reserve Backing: USDP is backed 1:1 by US dollars held in reserve, ensuring each token is redeemable for a real dollar amount.
  • Transparency: Paxos provides regular attestations from third-party auditors confirming that reserves match the circulating USDP tokens.
  • Regulatory Compliance: Paxos Trust is a registered New York Trust Company compliant with state and federal regulations, adding an extra layer of security and legitimacy.
  • Blockchain Agnostic: USDP is available across multiple blockchain platforms, including Ethereum (ERC-20), Binance Smart Chain, and others, facilitating interoperability.
  • Fast Settlement: Transactions involving USDP are quick, often completing within minutes, making it suitable for high-frequency trading and instant transfers.

Types of Stablecoins

Stablecoins can be categorized based on their backing mechanism:

  • Fiat-Collateralized Stablecoins: Such as USDP, backed directly by fiat currency reserves.
  • Crypto-Collateralized Stablecoins: Pegged to cryptocurrency reserves, often overcollateralized to manage volatility (e.g., DAI).
  • Algorithmic Stablecoins: Rely on algorithms and smart contracts to maintain stability without collateral backing (e.g., TerraUSD, historically).

USDP belongs to the first category, providing stability through full fiat backing, which appeals to users seeking safety and trustworthiness.

Working Principle

The operational backbone of USDP hinges on collateralization and blockchain technology. When users buy USDP, they effectively exchange US dollars for digital tokens that are stored securely on the blockchain. Paxos Trust holds equivalent reserves in fiat, which are regularly attested to by third-party auditors.

Redemption is straightforward: users can exchange USDP for US dollars, and Paxos ensures liquidity and reserve management. Smart contracts facilitate quick, transparent transactions, with the blockchain recording ledger activity immutably, fostering trust and reducing counterparty risk.

Benefits

USDP offers several advantages for users and institutions:

  • Stability: Pegged to the US dollar, it mitigates the volatility common in cryptocurrencies.
  • Transparency: Regular audits and clear reserve management bolster confidence.
  • Efficiency: Enables fast, low-cost cross-border transfers and international remittances.
  • Liquidity: Broad adoption across multiple exchanges and DeFi protocols enhances usability.
  • Regulatory Oversight: Operating under regulated entities like Paxos provides a layer of assurance for institutional users.

Risks

Despite its strengths, USDP is subject to several risks:

  • Regulatory Changes: Government policies could impact stablecoin operations or restrict their use.
  • Reserve Management: Maintaining complete and transparent reserves is critical; any reserve mismanagement could undermine trust.
  • Market Adoption: Limited adoption compared to stablecoins like USDC or Tether might affect liquidity and usability.
  • Operational Risks: Technological vulnerabilities, hacking, or smart contract failures could jeopardize funds and data security.

Regulation

USDP operates within a regulated framework. Paxos Trust is registered with the New York State Department of Financial Services (NYDFS), ensuring strict compliance with anti-money laundering (AML) and know your customer (KYC) standards. Regulatory oversight aims to prevent illicit activities and maintain market integrity, which enhances the reliability of USDP as a digital dollar alternative. As governments globally explore stablecoin regulations, USDP’s compliance status positions it favorably for future integration within traditional finance systems.

Use Cases

USDP serves a diverse range of applications:

  • Remittances: Facilitates low-cost, instant cross-border payments.
  • Trading: As a stable trading pair, USDP reduces risks associated with market volatility.
  • Decentralized Finance (DeFi): Provides collateral for loans, yield farming, and liquidity pools.
  • Merchant Payments: Enables businesses to accept digital dollars securely and efficiently.
  • Fund Management: Used by institutional investors for treasury management and hedging strategies.

Future Outlook

The trajectory of USDP appears optimistic, driven by increasing demand for reliable stablecoins amidst growing cryptocurrency adoption. Regulatory developments may further legitimize its use, while technological advancements could improve scalability and cross-chain compatibility. Paxos’ commitment to compliance and transparency suggests USDP will remain a reputable option for traders, institutions, and users seeking a digital version of the US dollar. Innovation in integration with DeFi and traditional finance indicates a promising future, potentially spurring mainstream acceptance of stablecoins.

Conclusion

The Pax Dollar (USDP) exemplifies a trusted, compliant stablecoin backed by full reserves and operated by a regulated entity. Its core features—transparency, stability, and versatility—make it a valuable asset within the digital economy. While challenges remain, especially regarding regulation and market competition, USDP’s commitment to security and legitimacy positions it as a strong contender in the stablecoin ecosystem. As digital currencies continue to reshape the financial landscape, USDP’s role in facilitating seamless, safe, and efficient transactions is poised to grow.


Revolut GBP

Revolut GBP Bank: A Comprehensive Overview

Financial Stability

Revolut GBP Bank demonstrates a strong commitment to financial stability, supported by robust capital reserves and prudent risk management practices. As a regulated bank within the United Kingdom, Revolut adheres to strict financial standards set by the Bank of England and the Financial Conduct Authority (FCA). This regulatory oversight ensures that customer deposits are protected and that Revolut maintains sufficient liquidity to meet operational demands. While relatively new compared to traditional banks, Revolut has shown consistent growth and resilience, instilling confidence among its users.

Products & Services

Revolut offers a comprehensive suite of financial products and services tailored for diverse customer needs. These include multi-currency accounts, international money transfers with real-time exchange rates, currency exchange without high fees, debit cards, cryptocurrencies, and investment options such as stocks and commodities. Additionally, Revolut provides budgeting tools, insurance, and disposable virtual cards for enhanced security. The platform's versatility makes it appealing for both personal and business users seeking a one-stop financial solution.

Technology & Innovation

At the core of Revolut’s appeal is its cutting-edge technology and commitment to innovation. The company leverages advanced mobile app development, AI-driven analytics, and seamless integrations to deliver a user-friendly experience. Features like instant spending notifications, automated savings, and AI-powered financial insights empower users to manage their finances effectively. Revolut continuously invests in innovative features such as cryptocurrency trading, early salary access, and open banking integrations, positioning itself as a leader in fintech innovation.

Customer Base & Service

Revolut boasts a rapidly expanding global customer base, with millions of users across Europe, North America, and Asia. Its appeal lies in its simplicity, transparency, and competitive fee structure. Customers benefit from 24/7 customer support via in-app chat, virtual assistance, and a dedicated support team for premium users. The platform’s intuitive interface and multilingual options facilitate widespread adoption. Revolut's focus on customer-centric features aims to foster loyalty and satisfaction in an increasingly digital banking landscape.

Reputation

Revolut’s reputation as an innovative disruptor in the banking industry is well-established. While it has faced scrutiny over regulatory challenges and operational incidents, Revolut has taken steps to improve transparency and compliance. Its proactive approach to customer feedback and transparency reports has bolstered its image. Overall, Revolut is viewed positively as a dynamic fintech disruptor that offers competitive alternatives to traditional banking.

Regulation

Revolut GBP Bank operates under strict regulation by UK authorities, ensuring a high standard of compliance and consumer protection. It holds a banking license from the FCA, allowing it to safeguard customer deposits securely. The company complies with AML (Anti-Money Laundering) and KYC (Know Your Customer) regulations, ensuring a secure and compliant platform. Its regulatory framework provides reassurance regarding financial practices and data security.

Security

Security is a cornerstone of Revolut’s platform, with multiple layers of protection implemented to safeguard user data and funds. These include biometric authentication, device pairing, real-time transaction alerts, and funds segregation. Revolut also employs advanced encryption protocols and fraud detection systems to prevent unauthorized access. The platform’s commitment to security ensures user confidence in an era of increasing cyber threats.

Geography

While initially launched in the UK and Europe, Revolut has rapidly expanded globally, serving users in over 180 countries. Its GBP banking services are predominantly focused on the UK market, but the platform's multi-currency accounts and international services cater to a worldwide audience. The company's international presence enables it to offer competitive currency exchange rates and cross-border banking solutions, making it attractive for expatriates, travelers, and global businesses.

Social Responsibility

Revolut pursues various social responsibility initiatives, emphasizing environmental sustainability and financial inclusion. The company has committed to reducing its carbon footprint through sustainable office practices and supporting green initiatives. Additionally, Revolut promotes financial literacy by providing educational resources and transparent financial management tools. Its dedication to social responsibility reflects a broader mission to positively impact society while fostering a sustainable and inclusive financial ecosystem.

Competitiveness

Revolut’s competitive edge lies in its innovative technology, low-cost services, and global reach. Its fee structure is designed to outperform traditional banks, especially for international transactions. The platform’s extensive product range and continuous innovation keep it ahead of newer entrants and legacy institutions. Its adaptability to changing customer needs and rapid deployment of new features cement Revolut’s position as a leading fintech player, challenging established banking models and offering consumers a more flexible, accessible alternative.