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Cryptocurrencies in MC Pay

Last update: 07.06.2022

In MC Pay, you have access to different payment methods for withdrawing funds. Including the most popular cryptocurrencies, such as Bitcoin, Ethereum, Binance Coin, Tether USDT ERC20, Tether USDT TRC20.

In this article, you will find out in detail how to withdraw money to your cryptocurrency wallet.

Where to begin?

The first thing to do is create a cryptocurrency wallet.

In MC Pay, you can only withdraw money to a cryptocurrency wallet. We do not transfer funds directly to currency exchange or crypto exchange.

There are different types of cryptocurrency wallets. Carefully study how they differ and choose the ones that suit you.

When you create any wallet, you will receive public and private keys.

The public key is the wallet address. It is a set of letters and symbols that is used when sending funds to a wallet.

The private key is a kind of security key. It consists of a series of cryptographically generated random numbers. So to say, it is an analog of a password that allows you to access your money.

In case of loss of the private key, there is a secret seed phrase, which consists of 12-24 words. It is also generated when the wallet is created.

Only you have access to your wallet using your private key and secret seed phrase. If you lose them, it will be impossible to restore access to the wallet. Therefore, be careful about storing this data.

What provider do we work with?

We work with a CoinsPaid provider. It is the world's largest financial platform. It allows to convert national currencies into any of the available cryptocurrencies and guarantees the security of transfers.

You do not need to register in the system. It is simply a provider through which the conversion to cryptocurrency takes place.

How to withdraw money to a crypto wallet?

Choose the cryptocurrency you need from Bitcoin, Ethereum, Binance Coin, Tether USDT ERC20, Tether USDT TRC20.

By clicking on the desired payment method, you will see a card with the Bank details and About the method tabs, between which you can switch. View the summary and go to the bank details. To add a method, you only need to specify the address of your cryptocurrency wallet.

Next, you need to indicate the amount in US dollars that you want to withdraw. On the next line, you will see the amount of cryptocurrency you will receive.

Pay attention. The income amount is calculated at the exchange rate at the time of the payment. If the rate changes while the payment is being processed, the amount of receipt will also change.

Important. If you have withdrawn money by mistake, we will not be able to return it. Please, carefully check the wallet address and the amount you indicate for withdrawal.

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