Payza took another step towards full integration of the virtual currency Bitcoin on its platform today by announcing a new Bitcoin Deposit feature. The new feature gives our members another instant deposit method, as soon as you confirm your deposit the funds will be available immediately. On top of that, there are no added fees for selling your Bitcoin, your bitcoins will be automatically exchanged to USD at a competitive exchange rate that is updated in real-time.
In August, Payza unveiled an easy way to buy Bitcoin, and this new feature is one of the easiest ways to sell your bitcoins. Here’s how the new deposit method works.
Inside your account click on the Add Funds tabs and then select Bitcoin:
Enter the amount of bitcoins you would like to deposit, note the current exchange rate will be displayed for you:
Confirm the details and send the Bitcoin to Payza. Once you have entered your Transaction PIN and confirmed the transaction details you will be presented with a one-time use Bitcoin Address and QR code.
Use this address to send your Bitcoin to Payza, but do not send multiple deposits to this address, you will need to create a new transaction and receive a new Bitcoin Address to make another deposit in the future. If the Bitcoin are not transferred within 60 minutes after your transaction is created, the deposit will be canceled by Payza.
Using the Bitcoin Deposit feature to add funds to your account is quick and easy. It’s a great, hassle-free way to sell your Bitcoin when the time is right, or to use your Bitcoin to make a purchase from any of the more than 100,000 merchants that sell with Payza.