Payment system WebMoney has already implemented the electronic money on the basis of traditional currencies.
But in the developing world, this was not enough, and the system, like many other services, rushed to the world of cryptocurrency.
It provided an opportunity to exchange bitcoins for WebMoney and even created his own wallet to store your cryptocurrency.
WebMoney has created a system in which an ordinary person pays a particular guarantor, its property rights for value.
In this case, the values of Fiat and cryptocurrencies. That is, WebMoney replace the conventional currency, an electronic analogue that allows to make payments instantly.
Each of the currencies in WebMoney assigned a code which always begins with the title company – WM. For example, the ruble – WMR. Dollar WMZ. Bitcoin was decided to assign the mark WMX.
More of the cryptocurrency, Webmoney works with bitcoin and litecoin cash.
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WebMoney has created a special online wallets to store cryptocurrency.
To create a bitcoin wallet you must first register on the site WebMoney.
1. Go to the acknowledgment web page and click “Register”.
2. The service will be asked to provide a phone number where you will receive a confirmation code.
3. Next you need to specify full name, email address and come up with the answer to the security question. He will need to recover account access in case you lose your password. A choice of several questions, for example, mother’s maiden name or favorite sports team. When ready, click continue.
4. After that, WebMoney will send a confirmation code to your mobile phone and will be asked to choose a password.
5. Now that the account is registered, the service will require more time to enter the personal Cabinet. Here click on “Add” and select the WMX.
In the wallet you can withdraw bitcoins from the account. To bring, of course, just another bitcoin wallet. For output to Fiat, would first have to change at WMX digital equivalent to one of the traditional currencies WebMoney and then withdraw money.
To allow the user to carry out operations, it is necessary to verify your identity.
This is done by loading the documents certifying the person. For these purposes, will only fit a passport.
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Exchange bitcoin to webmoney
In order to buy bitcoin for webmoney not have to go to the official resource.
It is possible to buy the electronic money exchanger. To find any service is to use one of the platforms for comparison of heat exchangers.
Among these, for example, BestChange. Go to the resource section to find List looking for bitcoin and what it replaced. For example, to exchange bitcoin to WMZ – dollar digital WebMoney.
BestChange will be given a list of exchangers with similar currency pair. You can choose any, but it is best to use a verified exchanger. These include BitExchanger.
Go to the website and choose a couple of bitcoin/WMZ. BitExchanger will be asked to enter desired quantity of purchase to specify the account to WebMoney, name and email.
When this is done, WMZ will be available. Also here you can exchange bitcoin to ruble-equivalent WebMoney – WMR.
Obmenoff is another example of such a service. Here the process is the same as on BitExchanger. Go to the webpage and find bitcoin. In the column “Received” click on WebMoney WMZ or RUB. Further specify the amount, payment information, name and email address. After that will just have to wait for confirmation of the exchange. Exchanger promises that orders are being processed within the hour during working hours, but may take up to 15 hours. skip to content ↑
For example WMX is already there and need to exchange them for Fiat currency. For this approach a good service WMAlliance.
Go to the website platform and are looking for WMX.
The resource will offer many ways to withdraw in Fiat, including on the popular Russian banks, cash, or on account of any financial institution.
Click on, for example, Alfa-Bank. Specify the amount, card details, full name and passport data.
Completing the exchange and wait until the money arrives on the map. WMAlliance also provides the opportunity to exchange WMX to cash. This option is only available for residents of Moscow.