24PayBank is this a scam? Review and Customers Reviews

The Exchange 24paybank has been working in the field of currency exchange since 2015. The service has earned a reputation as a reliable and safe project. Customers like the modern platform for processing transfers and the security system, which helps to prevent the actions of swindlers. The exchange service offers attractive working conditions:

• available courses;
• small commissions;
• a cumulative system of discounts and coupons that allow you to save on transfers;
• affiliate program;
• detailed information in your personal cabinet;
• a lot of financial news and interesting articles on the resource site.

Despite the positive reviews and advantages of the company, some users are worried whether 24paybank will cheat or not. To find out, read a detailed review of the service.

24paybank currency exchange platform

24paybank works with Bitcoin, Tether, Stable, True, USD Coin, Ethereum, Huobi Token, ZB Spot Exchange, Litecoin, Monero, Tron, Stellar, Cardano, EOS, Ripple, Binance Coin, ZCash, Dash, WTP Web token pay. The project also conducts exchanges between payment systems Jwallet, Perfect Money, QIWI, Advanced Cash, Yandex.Money, Exmo. The exchanger also cooperates with popular banks: Sberbank, VTB, MIR, Alfa Bank, Russian Standard, Raiffeisenbank, Tinkoff, Promsvyazbank, Gazprombank, PrivatBank, HalykBank, Kaspi Bank, Kazkommertsbank. It is possible to withdraw money to Visa/MasterCard and recharge cell phones of the Russian Federation. The service is different in that it allows you to transfer funds to cards of banks in Russia, Ukraine, Azerbaijan, Georgia, Kyrgyzstan, Belarus, Moldova, Tajikistan.

Financial transactions on the Internet have long been the norm. They give freedom of purchase and opportunities to earn from anywhere in the world. Therefore, it is important to be able to exchange funds between different payment systems at any time, buy cryptocurrency, withdraw money to bank cards or replenish electronic wallets from them. Exchange offices are created for prompt transfers, each of which tries to offer the best conditions of cooperation.

24paybank exchanger has been working on the foreign exchange market for several years and has managed to gain a positive reputation. The main advantages of the service are a variety of exchange directions, several options of bonuses for saving, fast processing of applications and receiving funds to the desired account. Clients can make exchange transactions and read many useful articles about the foreign exchange market, news and other information needed for transfers on the service’s website.

When using QIWI, there are discounts on transactions. Simply put, you are charged a lower fee (it is included in the transaction, but still available). “The cherry on the cake” is the Telegram exchange bot, which allows for more secure and stealthy transactions.

24PayBank is convenient because it does not require you to understand the intricacies of blockchain technology and study the market. You just deposit funds from your wallet (card, payment system), buy them at the best rate and either withdraw them or sell them at the right moment. Moreover, you don’t have to be authorized: all the actions can be performed in incognito mode. On the one hand it considerably simplifies and speeds up the process, however it also increases the risks, because operations with virtual currency units are irreversible and if something goes wrong you will simply lose your assets.

At the top of the home page 24paybank.net indicates the main menu items, language-switching buttons, registration and login to your account. It is also indicated that for cooperation on API you can contact the administration by mail or Telegram.

There is also a form for the transaction, under which the name of the company’s bot in Telegram is indicated, with its help you can quickly make a transfer. Under this information, you can read the latest reviews, watch a video about the service, go to the community exchanger in social networks VKontakte, Facebook, Twitter. There is also a link to monitor Bestchange. Also below there is an opportunity to go to different sections of the menu. A separate block indicates the reserves that the exchanger has at the time of the client’s request.

If the amount is not enough, you must click on the desired direction and fill out a form to request an increase in the reserve.

In the “Partners” section there is information about the 2-level referral program for monitors and referrals, as well as a cumulative discount. Also here the administration placed the “Become a partner” button, the latest reviews and videos about the service.

In the “News” block, the service introduces users to the innovations of the company, interesting articles about different areas of exchange, about making money on cryptocurrency etc.

“Contacts” contains information about the channels for communicating with the technical support of the project and a link to the service’s Instagram page, where it publishes the latest news.

There are additional menu options at the bottom. In the “Reviews” section, you can read 5,000 customer comments and leave your own opinion about the project by filling out the appropriate form.

The “Rules” block contains the user agreement with 24paybank, and the “Reputation” page has links to the payment systems whose partner is the exchanger and to forums where you can also find out what users think about the service.

The “Wiki” has links to information about payment systems and banks. On the corresponding pages, there is information about the history of these companies, the peculiarities of their work, etc.

The “FAQ” block contains answers to various questions about working with the project and about different payment systems, banks, and cards.

There is also a link to a map showing all the pages of the site.

E-money exchange at 24paybank.net

24paybank works with cryptocurrencies Bitcoin, Tether, Stable, True, USD Coin, Ethereum, Huobi Token, ZB Spot Exchange, Litecoin, Monero, Tron, Stellar, Cardano, EOS, Ripple, Binance Coin, ZCash, Dash, WTP Web token pay. There is an opportunity to transfer between payment systems Jwallet, Perfect Money, QIWI, Advanced Cash, Yandex.Money, Exmo. Among the partners are Sberbank, VTB, MIR, Alfa Bank, Russian Standard, Raiffeisenbank, Tinkoff, Promsvyazbank, Gazprombank, PrivatBank, HalykBank, Kaspi Bank and Kazkommertsbank. It is possible to replenish e-wallets with Visa/MasterCard cards of the banks of Russia, Ukraine, Azerbaijan, Georgia, Kyrgyzstan, Belarus, Moldova, Tajikistan, and Armenia. The project also offers to recharge cell phones in the Russian Federation. The exchanger works 24/7 and promises to credit the money in 15-20 minutes.

Receiving applications

In order to arrange an operation for 4paybank.net, you need to go to the main page of the site. In the form on the right and left there are columns: “You send” and “You receive”. On the left you choose the system from which you want to withdraw funds. Above this column there is a filter for the type of currency: payment system, bank, cryptocurrency, and checks. On the right, you must select the direction in which you want to transfer money. In the middle between the columns there will be a field for entering details of the transaction. If exchanges in the selected direction are not possible, the form will not show data lines, but the corresponding message. The upper part will indicate the rates and the discount percentage, if any. In the lines with the amounts will be indicated the minimum that is available for exchange.

Below you should specify the wallet numbers of payment systems and the coupon code, if any. After reading the rules of transfers you need to tick the words “I agree with the rules” and then “Start the exchange”. In the new window will appear further instructions, which should be clearly followed to successfully carry out the transaction.

24PayBank fee

24PayBank charges a commission for each of your transactions. 4paybank.net commissions are included in the exchange rates shown at the time of application. Individual systems and banks charge their own percentage for exchanges. The administration asks you to keep this in mind when ordering a transfer. Interestingly, the provider draws your attention to its presence when talking about the private mode of exchange, but in incognito mode you also pay the service commission. Also, the customer is responsible for paying taxes and fees of payment services when depositing and paying out earnings on his own.

Currency of operations

24paybank works with Russian and Belarusian rubles, dollars, Ukrainian hryvnias, euros, Kazakh tenge, Georgian lari, Azerbaijani manats, Kyrgyz soms, Tajik somoni, Armenian drams and popular cryptocurrencies.

How to buy cryptocurrency on the 24PayBank platform

To buy cryptocurrency with 24PayBank you use a standard form, where you select assets (sold and bought), specify the amount of transaction, a valid e-mail (or Telegram account) and payment details of the recipient. And press the “Start exchange” button. This is an incognito mode, in which you act anonymously, but can not track the status and history of transactions. In addition, as stated by the provider, the rate here is not always the most favorable.

If you want to get more profits, you have to register. Open the form at the link in the top menu of the site, enter your email, choose a password, confirm that you are not a robot, and agree to the terms of the user agreement. To log in you will need to confirm your email address by following the link from the 24PayBank team. Now you can make the exchange in private mode, but have to pay the owners of the service a commission for each transaction. Buy/sell form is the same, the history of transactions is displayed in the “Applications” section of the personal cabinet. Through the account you can also connect to the referral program (the link has already been generated in the “Promotional materials” section).

Terms of buying cryptocurrency

24PayBank does not impose any requirements (even age) on the user. Moreover, under the terms of the agreement, the owners of the exchanger are not required to verify the legality of your possession of the funds used in transactions.

However, if reported by law enforcement authorities or other authorized persons, any of your transactions may be blocked or cancelled. Funds are not deposited into company accounts. Especially since it is unknown which legal entity owns the platform. You simply link your wallet/card to your profile. If necessary, it is possible to use the auto-fill function, when your details are automatically entered into the form (provided that you have saved them in the system).

Deposit and withdrawal limits

Deposit limits are set according to the method and type of asset. So, at least you can deposit 30 USD/30 EUR /550-5000 RUB/1500 UAH/0/005 BTC/0.2 ETH/100 ZB/0.3 LTC/1000 TRX/400 XLM/600 ADA/7 EOS/5000 XRP/0.3 DSH/0.3 ZEC/10 ETC/500 WTP. Limits (reserves) are more varied. So, when contributing through “Elexnet” it is 73 810 rubles, through Payeer – $43 692/€5795. Restrictions imposed on the withdrawal are not prescribed. Perhaps, they are set based on the transactions made.

Verification on the 24PayBank platform

To take advantage of the benefits of working with 24paybank, the administration advises you to register.

Verification on the platform is done only by confirming your email. All other information (full name, address, passport number and series, etc.) is not asked of you. It turns out that there is no protection for users. And so it all comes down to whether you’re lucky or not. In a private office you will have access to the history of transactions. In the same section you can add existing coupons in order to use their codes if necessary. In the settings, there is an opportunity for auto-complete data, which provides faster creation of applications. To do this, select a payment system or bank from the list and enter details. After that you can save the data, which will be automatically pulled up when creating applications.

The cabinet also has information about the affiliate program: the invited users and their operations, the number and effectiveness of clicks on the partner link, applications for payment of earned money. Because of the increasing number of scammers the exchanger has introduced a mandatory verification procedure. It allows the administration to find out if the cardholder really orders a transfer and if the card is in his possession. The procedure is carried out once for one card.

In order for operators to verify the card, it must be photographed against the background of the site. The photo should show the application code and the first and last 4 digits of the card, as well as the cardholder’s name. The card validity term and security codes can be covered with your hand. If there is no name on the card, the administration will only check the digits on the card. But in the exchange form it is necessary to specify the real details of the card holder. If the details on the request form and the data on the receipt of funds do not match, the transaction will be suspended. In this case, the client will need to contact technical support. If the conditions of verification are not met, the procedure will be rejected with an indication of the reason. You can go through all the steps again, taking into account the reason for refusal. Verification does not take more than 1-2 minutes.

24paybank bonuses

24paybank offers an affiliate program, a savings discount and coupons. In addition to the above, there are discounts when you buy bitcoins from your QIWI wallet. Depending on the amount of the offer you get a discount of 1-4% for the next exchange transaction. You will only need to enter a special code.

Referral program

24 paybank offers a 2-level program to attract new users. To participate in it, you need to register, which gives you the right to use your personal account. All the information necessary for cooperation will appear in it: materials for posting on forums and sites, links. Within 24PayBank’s affiliate referral program you earn 0.6% and 0.2% from the turnover of 1st and 2nd level referrals respectively. A 1st level referral is a user who came by your link and a 2nd level referral is a user who came by the link of a 1st level referral.

The link is provided to authorized clients (as we have already written, it can be copied in the section “Promotional materials”) and is placed on any legitimate resource: your site/blog, social network page, in the chat room. In order to withdraw the earnings you need to have at least 5 referrals who made at least 1 exchange on the site. Requests for payment of remuneration are processed 24-48 hours.

Accumulative discount

24paybank exchanger also has an accumulative discount. In determining the level to accrue its amount takes into account all the successful transactions that have been carried out during the time working with the project. After registration the client is already offered a discount of 0.05%.

Then the percentage increases according to the number and amount of exchanges.Table on the site shows the steps of the discount and percentage (calculated in dollars):

Coupons

A coupon is a code with a unique set of characters. It gives a discount of 0.05% for each completed exchange. The coupon will be indicated in the letter that will come to the mail after the successful operation. Its validity period is 48 hours. When you create a request after you have selected the destination, you will need to select “I have a coupon” in the “Coupon” field, after which an empty line will appear for you to enter it. Having specified the code, you will need to click “Activate”. One coupon can be activated at a time. When exchanging large sums of money the administration can provide an additional discount in the form of a coupon, for which you should write to [email protected].

Complaints against 24 PayBank

The site 24paybank has more than 5,000 reviews of the service. Most of them are positive, customers note the speed and ease of exchanges through the project. The same comments are found on the monitoring of exchange offices. There are complaints about delays, but usually they are associated with the work of payment systems. Otherwise users like everything: the speed of processing requests, the available rates and the site with detailed information and useful articles.

Affiliate program, small commissions, savings discounts, coupons also allowing to save on transfers refer to the additional advantages of the service. Clients also note the round-the-clock operation of technical support, which gives the opportunity to promptly receive answers to any questions related to exchanges. Applications are filled in a few minutes or even faster if the requisites are filled in automatically.

Occasionally there are comments whose authors complain about the loss of funds during the exchange (transaction canceled at the initiative of the administration, the currency is not returned), but the support team responds and tries to solve the problem.

Some users complain about technical problems. For example, deleting requests with the sale code, which has more than two decimal places.

If there are any complaints about 24paybank, we’ll be sure to post on social media. Sign up so you don’t miss anything!

Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!

Regulation 24paybank.net

To transfer money between different payment systems, bank cards and to buy cryptocurrency, it is necessary to know whether the exchanger has authorization documents. Such services must have a WebMoney Attestat, which allows for such transactions.

The issue of regulation of cryptocurrency (and hence the services that make transactions with it) is complicated. So far, most states have not implemented a clear legislative framework on this issue. Therefore, companies that have a license to conduct activities are advantageous. Let’s see whether the owners of 24PayBank belong to such

Regulator 24PayBank

The site 24paybank does not specify the Webmoney certificate. Before you start working with the service, it is better to clarify this with the technical support of the exchanger. The legal entity operating 24PayBank is unknown. This means that it is not clear whether it has a license and what legislation it is governed by. We have to admit that the service is offshore (otherwise the documents would be in the public domain). And all controversial issues you, as a client, will have to solve with the support service on the basis of the terms of the user agreement.

Read the user agreement at 24paybank.net

Where to complain about 224PayBank?

To complain about 24paybank or leave your suggestions, contact the technical support of the project via e-mail, Jabber, Telegram, online chat on the site, in communities on Facebook and VKontakte. In addition, opinions about the project can be left on this page.

24 paybank support service

24paybank provides support in the following ways:

• by e-mail: [email protected];
• via Telegram: PayBank24_tg;
• via Jabber: [email protected];
• in the Xchange Facebook community;
• in the group “Exchange 24PAYBANK.ORG” in the social network VKontakte;
• via online chat.

User Agreement

The 24paybank user agreement is spelled out in the “Rules” on the exchanger’s website. The document specifies the terms and subject of the agreement, as well as the fact that it is a public offer, which the client accepts by submitting an application through the website of 24paybank. There is also information about the responsibilities of the exchanger:

Among the client’s obligations is that he/she must notify the project administration of all cases in which funds have not been credited to his/her account in whole or in part. A corresponding notification must be sent to the administration no later than one month after the day on which the funds are to be received. If this condition has not been met, the disputed amounts will go to 24paybank. The rights of the exchanger are also detailed:

The operation begins after the client receives the funds for the exchange. If the funds are not received in 20 minutes, the request is automatically deleted. In the case of receipt of funds on the application for more than the specified time (1.5 hours for cryptocurrency), the exchange will be processed at the current rate. The section on guarantees contains the following information:

The administration warns that it can supplement or change the clauses of the agreement at any time. At the same time, all changes can be applied only after they appear on the service’s website. The exchanger’s work can be suspended at any time if there is a need to upgrade or fix problems (clause 3.3.1). In fact, you will not know whether this is the case or the reasons for the lack of access to the resource are different.

The fee for the exchange operation is set by the administration of the service at its discretion (clause 3.3.4).

There are a number of reasons why a service provider blocks customer transactions:

• The amount entered differs from the amount entered in the exchanger (point 5.4).
• The sender/receiver details are invalid (clause 5.5).
• Change of notes to the payment or payment from the details of a third party (clause 5.6).

Is 24paybank a Scam?

Exchange office 24paybank For several years of work in the field of cryptocurrency and digital money transfers, it has established itself as a reliable project. Many clients become regular and appreciate the efficiency of transactions, low commissions and exchange rates, availability of most popular exchange directions. They also like the opportunity to save money with the help of savings discounts, coupons and referral program. Customers rarely complain about the exchanger. If problems arise, the administration responds to questions and resolves disputes around the clock. Many support channels and useful articles on the site of the service are also liked by users.

Positive reviews indicate the reliability of the exchanger. Despite the fact that there is no information about the WebMoney Certificate, the features of work and advantages of cooperation with the project show that 24paybank is not a scam and not a fraudulent scheme. Customers advise to use the services of this exchanger, if you need to quickly and without problems to transfer money between payment systems, buy or sell cryptocurrency, deposit or withdraw funds to the cards of banks.

Conclusion

24paybank has been working in the field of electronic money exchange since 2016. The project offers clients:

• a convenient site with information for operations, news and useful articles;
• quick processing of applications and the ability to autofill data for even greater efficiency;
• the opportunity to participate in an affiliate program;
• cumulative discounts and coupons to save money;
• many directions of exchanges and channels for tech support;
• favorable rates;
• 24-hour administration hours.

There are practically no minuses in the work. Many comments talk about the reliability and safety of the service. If you transferred digital money using 24paybank.netWrite on this page how the transaction went and whether the exchanger completed the operation on time. Feedback allows customers to choose reliable services for financial transactions. In addition, comments influence the rating of the service and help its administration to fix problems and improve performance.