Image for post
Image for post

Here is a breakdown of what is new on Vertex

- Withdraw into Exchange Accounts
As the network fees of the two most used blockchains have gone through the roof, we have enabled a feature that allows users, for now only during business hours, to withdraw from their wallet into exchange accounts such as Binance or OKEx directly. This feature is enabled slowly and we will gradually allow more and more users to use it. IF INTERESTED PLEASE CONTACT AN ADMIN IN OUR TG CHANNEL https://t.me/VertexDotMarket OR WEBSITE SUPPORT.

- Feedback for trades You can leave a feedback for each…


Image for post
Image for post

As 2020 draws to a close, we would like to sum up this year, as well as share what we have achieved in this extremely challenging year.

This year was a success in many aspects for us! Many new users joined Vertex.Market. We entered into the market in many new countries, improved technological aspects of Vertex, expanded and drastically improved the customer service, and also paid a lot of attention to developing our marketing strategy and improving our website.

Thanks to this, our platform has become more simple to use and a lot more convenient for our users.

With a…


USDT vs USDC

Image for post
Image for post

Breaking down Tether (USDT)

Tether belongs to a new breed of cryptocurrencies called stablecoins that aims to keep cryptocurrency valuations stable, as opposed to the wide swings observed in the prices of other popular cryptocurrencies like Bitcoin and Ethereum. That would allow it to be used as a medium of exchange and a form of store of value, instead of being used as a medium of speculative investment as you can not trade the price fluctuations of a stablecoin, like you can normal crypto.

Tether specifically belongs to the category of fiat collateralized stablecoins, that is — a fiat currency like…


What is a stablecoin?

Image for post
Image for post

A Stablecoin is a fixed-price cryptocurrency where the market value is attached to another stable asset. Differing from normal cryptocurrencies, stablecoin’s are pegged to assets such as certain fiat currencies that can be traded on exchanges, including the U.S. dollar or the Euro. Some stablecoins can be pegged to other types of assets, including precious metals, such as gold, and even other cryptocurrencies. Vertex.Market supports USDT and USDC.

Stablecoins let users enjoy the advantages of digital currencies based on the Blockchain, including security, privacy, low fees, and transparency, while helping to alleviate the problem of extreme…


Image for post
Image for post

How do crypto cross-border payments work?

These transactions are completed using the blockchain which eliminates the need for banks, who often slow payments down significantly.

For example, if you are in the United Kingdom but want to send funds to America. The first step would be converting fiat currency into a digital asset of your choice. Here at Vertex Market you can buy Bitcoin, Bitcoin Cash, Litecoin, Ethereum, USD Tether and USD Coin. USDT and USDC are stablecoins; a stablecoin is a fixed-price cryptocurrency whose market value is attached to another stable asset.

Purchases of these digital currencies can be made using Bank Transfers, Credit/Debit Card


Image for post
Image for post

The most used payment options differ depending on country, culture and legislation, but we were able to find the most common ones.

According to CoinTelegraph, the largest numbers of crypto users are found in The United Kingdom, United States, Hong Kong and Singapore. Those four countries visibly influence the market — their favorite options being found almost everywhere, and can be found on Vertex.Market

1. SEPA Bank

SEPA is short for Single Euro Payments Area, being an initiative of European Union to simplify bank transfers. …


UPI, IMPS and PhonePe are now available on Vertex.Market

New payment methods for users in India

UPI, IMPS and PhonePe are now available on Vertex.Market.

You can buy and sell Crypto on Vertex using UPI, IMPS and PhonePe as a payment method.

  • Unified Payments Interface known as UPI is an instant real time payment system developed by National Payments Corporation of India facilitating inter-bank transactions.
  • Immediate Payment Service (IMPS) is an instant payment inter-bank electronic funds transfer system in India. IMPS offers an inter-bank electronic fund transfer service through mobile phones.
  • PhonePe is a digital wallet platform and online payment company within India.

All three of these payment methods…


Image for post
Image for post

You can buy and sell Crypto on Vertex using Google pay as a payment method.
READ HERE

What is google pay?
Google Pay is a digital wallet platform and online payment system developed by Google to power in-app and tap-to-pay purchases on mobile devices, enabling users to make payments with Android phones, tablets or watches.

If you want to Buy Bitcoin using Google pay, go to Buy and Sell Cryptocurrencies in United States with google pay (vertex.market) and look for a seller who is selling Bitcoin using Google pay as a payment method and then you can Buy Bitcoin from…


What should you know about Vertex Market?

  • Vertex Market is known not just for the speed, but also for the wide variety of payment options and the security provided.
  • We have over 70,000 users in almost two hundred countries.
  • No deposits are required for creating offers.
  • Depending on the country you are from, users can choose any type of payment available on the platform — like Credit Card, PayPal, MoneyGram, or Western Union. You can even choose a local bank or get to meet the user in person.
  • The cryptocurrencies accepted are those with the biggest market capitalization, both volatile or stable, so we can meet our…


Vertex has updated the platform and has the following changes:

100% ESCROW PROTECTION — Protected by COINCOVER
100% ESCROW PROTECTION — Protected by COINCOVER
  • Min & Max can now be set in FIAT Currency (like USD).
  • Cash (in Person) users have to select a location that is connected to Google API and we show Cash Offerings, no matter the currency in the country selected.
  • Percentage deviation of offer can be edited in “edit offering” and not just when creating the offer.
  • Message drop down has now scrolling.
  • Extensive performance improvements.
  • As we have more and more users, we did the first round of improvements to make the user experience better. Those changes significantly reduce the load and speed up the website.
  • New loader screen

This has been a busy week at Vertex, trades are increasing, prices are increasing — thank you to all users for the continuous support.

Vertex Marketplace

Vertex Market is a P2P Cryptocurrency marketplace created by a team of crypto enthusiasts trying to solve one of the biggest hurdles in the crypto world.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store