New Line is this a scam? Review and Customers Reviews

New Line (New Line) is a rather remarkable Russian exchanger. It is distinguished not only by a rich set of exchange directions, but also by the availability of cash transactions, transfers, mobile communications and cryptocurrencieswhich can rarely be found among the exchangers. But still, its main difference is that it acts as an intermediary between users, rather than an exchange office in the usual sense for us.

Should you be wary if you find out you are working with a middleman? Can you trust New Line with your money, or is this resource fraudulent? We will answer these questions in our review. And, of course, the most important one: is New Line a scam?

 

New Line currency exchange platform

New Line is an online service for exchanging electronic currency and cryptocurrency (How to Make Money on Cryptocurrency?). The focus of the service is quite wide and can pleasantly surprise – rarely an exchange service includes in the direction of the exchange of cash, and even in three currencies. But first things first.

Getting Started newline.online accounts for 2016. The range of work includes popular electronic signs, sought-after cryptocurrency, banks, exchanges and cards. On the site you will find the already familiar Perfect Money, QIWI, Bitcoin, Sberbank and VISA among others. The service offers banking transactions, transfer work and cash manipulation along with the usual exchange. New Line’s operating mode is round-the-clock, which will undoubtedly appeal to those traveling abroad. The website of the exchanger supports the English version, which also facilitates its use by foreign citizens. Technical support is also available around the clock.

The main page of the site seems too cluttered – immediately on the first screen you can see the navigation bar, data about the reserve, contacts, information about the mode of operation, currency exchange columns and even reviews. Descending slightly below, we find a news block, brief information about the project, for some reason here again information about reserves and, finally, the basement with banners of payment systems, links to warnings, rate files and user agreement, as well as exchanger accounts in social networks. They are located on the left edge of the browser window all the time you are on the site – an extremely unfortunate decision, because they make it very difficult to work with the resource.

 

E-money exchange at newline.online

New Line operates in semi-automated mode – some operations are performed automatically and some manually. On the one hand, it increases the time of transactions, but on the other hand, for your money is responsible, including a person, and they are not left at the mercy of automation. The currency exchange form on the main page of the site can not be called convenient – the window for entering the amount, personal data and sending an application opens only after selecting both directions. Perhaps, there is a certain logic in it, but not all users will understand such a work scenario.

Nevertheless, after selecting currencies, a window will open where you will be prompted to enter the amount, account number, personal data and answer a control question to make sure you are not a robot. Each exchange destination relies on a small accompanying text, which contains the minimum necessary information for the exchange in that destination.

The directions of exchange comprise several large groups:

• Electronic money signs: Perfect Money, Payeer, Advanced Cash, QIWI, Yandex.Money.
• Cryptocurrency: Bitcoin, Dogecoin, LiteCoin, USD Coin, Tether, TrueUSD, Ethereum, Cardano, Dash, Stellar, Ripple, EOS, Zcash, Monero, NEO, TRON.
• Currency Exchange Exmo.
• Banks: Alfa (Cash-in and click), Russian Standard, Tinkoff, VTB24, Sberbank, as well as “Any bank of the Russian Federation” at a separate rate.
• Cards: VISA, MasterCard and MIR.
• Cash.
• Transfers.
• Mobile communications.

Receiving applications

As mentioned above, applications are made semi-automatically. They are accepted through a special form on the website newline.online. The exchange algorithm is unusual – unlike many other services, New Line exchanges currency between users. This is how it works: the user leaves an application (on the service they are called “Ads”) to exchange in a certain direction (Bitcoin in rubles to Yandex.Money, Perfect Money in dollars to cash in dollars, and the like). The exchange occurs when the request is answered in the opposite direction. For example, if the user left a request to exchange dollars of Perfect Money to rubles of QIWI, the exchange will take place only if there is a request to exchange rubles of QIWI to dollars of Perfect Money.

There is no list of all applications left, as such. However, the list of available destinations on New Line’s home page depends directly on the applications submitted. If no applications have been submitted for any of the destinations, it won’t appear on the home page.

In this case, of course, the following scenario is inevitable: the user leaves too large an amount for which there is no counter application with an amount capable of making a full exchange. Here New Line closes the application partially from the amount available on all counter applications at the moment, and the deficit is made up from the reserve or from later applications. Thus, the exchange at New Line is carried out between users directly, and the site is only an intermediary, which takes a fee for its services in the form of commission.

With cash transactions can be made in all major Russian cities where there is an airport. There is a company office in Moscow where you can receive and hand over funds daily and for free. You can also give funds to the courier, who can meet you in the area that is convenient for the company (free of charge) or for you (1000 rubles). There is a New Line representative office in St. Petersburg that works on similar terms. In any major city of the Russian Federation, where there is an airport, the money will be delivered under the following conditions:

• + 0.5% to the exchange fee (for the amount below 1000 rubles +2%);
• payment for the flight by the client;
• making a deposit of 500 USD by any convenient online method;
• the deposit is not refunded if the transaction is cancelled;
• the deposit is taken into account when calculating the amount receivable on the application.

Commission

The transfer fee is included in the exchange rate, which is a common practice among exchange services. The amount of the fee is not listed anywhere on the site.

Currency of operations

All monetary symbols on the New Line are in different currencies:

• RUB (Advanced Cash, Exmo, Payeer, QIWI, Yandex Money, VISA, MasterCard, MIR, Sberbank Online, Alfa Click and Alfa cash-in, Tinkoff, VTB24, Russian Standard and other Russian banks, as well as transfers, cash and mobile communications).
• USD (Perfect Money, Advanced Cash, Exmo, Payeer, as well as Alpha cash-in, money transfer and cash).
• EUR (Perfect Money, Advanced Cash, cash and transfers).
• Cryptocurrencies – (BTC, ETH, DASH, EOS, LTC, XMR, DOGE, NEO, XRP, XLM, TRX, USDT, TUSD, USDC, ZEC, ADA).

 

Verification

Verification is not necessary for exchange operations. However, the service (in order to prevent illegal transactions) may ask the user to undergo the procedure of identity verification. To do this, the user may be asked for identity documents.

 

Bonuses from New Line

New Line provides registered users with a number of bonuses – these are discounts and affiliate program payments.

Discounts

The main difference between the bonuses newline.online from analogues on other resources is the absence of a fixed and fixed size of the discount. In order to get a discount on the service, you need to write to the chat operator and agree with him on the size of the bonus. They are accrued when exchanging large sums, and in order for you to get a discount, you must be registered.

Affiliate Program

All registered users of the resource can participate in the New Line affiliate program. It also has a number of features and limitations. First, only direct referrals are counted. Secondly, a referral is counted only if no more than 24 hours have passed between the transfer and the exchange.

Referral fees are paid in dollars, the minimum amount for withdrawal of fees is $10. The user receives from 10 to 30% of the service’s profit from the referral. The percentage of deductions varies depending on the amount of exchanges on the link. All advertising materials, information on referrals, affiliate exchanges and information on the withdrawal of affiliate funds can be found in the personal cabinet. There you can also learn more about the terms of the affiliate program.

 

Complaints about NewLine

On the Internet you can find a lot of reviews on the work of New Line exchanger. Most of these reviews are positive and praise quick work of the exchange resource, low commissions and professionalism of technical support consultants.

Of course, negative feedback also arises. However, it is worth noting that New Line consultants always close them very quickly, leaving no questions for the user. All this together allows us to judge the high quality of the services and customer service that the platform provides.

If there are any reviews about New Line, 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!

NewLine.Online regulation and license

Let’s study the information about the New Line license.

License and regulator

New Line is headquartered in Moscow, so the resource must comply with Russian law. Unfortunately, on the site of the exchanger no information was found about the license granted. Given the specifics of activity, the service carries out the exchange of currency directly between users, acting as an intermediary. The platform officially cooperates with the payment system Perfect Money and is even among the business partners of the latter:

Where to complain about New Line

If you want to contact the service, you can do so in several ways:

• by e-mail to [email protected];
• on ICQ: 695523244;
• on Skype: newline.online;
• in Jabber: [email protected];
• with the help of the chat room on the website.

You can get all the information you need on the “Contact Us” page.

User Agreement newline.online

On the “Site Rules” page, you can read the User Agreement. It is logically divided into several sections, each of which sets forth certain nuances of working with the service. The general rules define the purpose of the agreement, in the “Admission to use” section you can learn about authentication to the service. The “Ads” procedure explains how the exchanger works.

Further paragraphs enshrine the mutual rights and obligations of the parties in exchange transactions.

An important point – the responsibility of the parties. It clearly states the responsibility of the user when working with the platform, as well as those actions that can lead to the blocking or deletion of the personal account.

Also on the corresponding page is a warning, the main purpose of which is to warn users against possible cooperation with fraudsters. The service provides a number of simple rules, following which will help maintain the legitimacy of transactions and save your money.

 

Is New Line a scam?

New Line offers users the services of an intermediary for the exchange of banknotes. This means that funds are sent directly from the account to the account, and the money will not be debited until your application is answered. Many positive feedbacks and actual cases of closing problematic applications in favor of the client tell us that New Line can really be trusted.

The service also provides its customers with discounts on exchange fees and the opportunity to participate in an affiliate program. Many users rated it as “extremely effective”. All these factors point to the reliability of the resource and allow us to conclude: New Line is not a scam.

 

Conclusion

Despite the unconventional approach to exchange, New Line has acquired its own strong base of customers who appreciate the reliability, speed and quality of services provided by the platform.

Of course, there are weaknesses, such as the absence of fixed discounts – their amount and provision must be negotiated with the technical support operators. However, a wide range of exchange directions, including transfers, cash transactions, interaction with any Russian banks and mobile communications, successfully speaks in favor of cooperation with New Line. So does a lot of positive feedback and a solid reputation.