{"id":1086,"date":"2023-03-02T13:05:25","date_gmt":"2023-03-02T13:05:25","guid":{"rendered":"http:\/\/78.47.81.216\/?p=1086"},"modified":"2023-03-02T13:05:27","modified_gmt":"2023-03-02T13:05:27","slug":"how-to-transfer-crypto-to-a-bank-account","status":"publish","type":"post","link":"https:\/\/blog.ag.qubiq.cc\/?p=1086","title":{"rendered":"How to transfer crypto to a bank account"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"http:\/\/78.47.81.216\/wp-content\/uploads\/2023\/03\/Ways_to_transfer_crypto_to_a_bank_account_How_to_withdraw_crypto-1024x576.jpg\" alt=\"\" class=\"wp-image-1089\" srcset=\"https:\/\/blog.ag.qubiq.cc\/wp-content\/uploads\/2023\/03\/Ways_to_transfer_crypto_to_a_bank_account_How_to_withdraw_crypto-1024x576.jpg 1024w, https:\/\/blog.ag.qubiq.cc\/wp-content\/uploads\/2023\/03\/Ways_to_transfer_crypto_to_a_bank_account_How_to_withdraw_crypto-300x169.jpg 300w, https:\/\/blog.ag.qubiq.cc\/wp-content\/uploads\/2023\/03\/Ways_to_transfer_crypto_to_a_bank_account_How_to_withdraw_crypto-768x432.jpg 768w, https:\/\/blog.ag.qubiq.cc\/wp-content\/uploads\/2023\/03\/Ways_to_transfer_crypto_to_a_bank_account_How_to_withdraw_crypto.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Today, <strong>cryptocurrencies <\/strong>and <strong>blockchain <\/strong>technology are a part of our lives. Until recently, many people did not know what <strong>Bitcoin <\/strong>and <strong>cryptocurrencies <\/strong>were, but now we can pay for goods\/services with coins based on <strong>blockchain<\/strong>. But why do we still need to <strong>withdraw <\/strong>digital assets from<strong> crypto wallets<\/strong>?<\/p>\n\n\n\n<p>When dealing with a new type of asset such as <strong>cryptocurrency<\/strong>, it is not uncommon to encounter difficulties. This is because <strong>cryptocurrency <\/strong>is not a <strong>currency <\/strong>that <strong>traditional banks<\/strong> accept. Therefore, a <strong>cryptocurrency <\/strong>needs to be exchanged for <strong>fiat currency <\/strong>before you can <strong>deposit <\/strong>it into a <strong>bank account<\/strong>.&nbsp;<\/p>\n\n\n\n<p>Now you will learn how to transfer <strong>Bitcoin <\/strong>or another <strong>cryptocurrency <\/strong>to a <strong>bank account<\/strong>. Of course, it is very tempting to try to <strong>withdraw money<\/strong> very fast. However, you should not <strong>withdraw <\/strong>digital funds from a <strong>crypto wallet<\/strong> without preparation, because you are risking a lot (especially if you need to <strong>withdraw money<\/strong> in large amounts).<\/p>\n\n\n\n\n\n<h2 class=\"wp-block-heading\">How to <strong>transfer cryptocurrency<\/strong> to a debit card or <strong>bank account<\/strong><\/h2>\n\n\n\n<p>As we said above, <strong>cryptocurrency <\/strong>first needs to be exchanged for <strong>fiat <\/strong>money before it can be transferred to a <strong>bank account<\/strong>. All because governments control and monitor <strong>traditional banks<\/strong>, but <strong>cryptocurrency <\/strong>is decentralized and not supported by the state. As a result, we can&#8217;t yet directly <strong>transfer Bitcoin<\/strong> or any other <strong>cryptocurrency <\/strong>based on <strong>blockchain <\/strong>to a <strong>bank account<\/strong>.&nbsp;<\/p>\n\n\n\n<p>For instance, you will need to use special services to convert <strong>Bitcoin <\/strong>from your <strong>wallet <\/strong>into stablecoins and then into <strong>USD <\/strong>or other <strong>fiat currencies<\/strong>. After you <strong>withdraw crypto<\/strong> from your <strong>wallet<\/strong>, it is possible to make a regular transfer to a <strong>bank account.<\/strong>&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Several ways to <strong>withdraw <\/strong>crypto<\/h2>\n\n\n\n<p>If you are interested in how to <strong>withdraw cryptocurrency <\/strong>from your<strong> crypto wallet <\/strong>into <strong>USD <\/strong>or another <strong>fiat<\/strong>, pay attention to this part of the article. So, we need to consider several ways to <strong>withdraw <\/strong>and cash out <strong>Bitcoin <\/strong>or other <strong>blockchain cryptocurrencies <\/strong>from your <strong>wallet<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>You may <strong>exchange <\/strong>or <strong>withdraw <\/strong>coins via an <strong>exchange <\/strong>service. This is one of the most popular ways for traders to <strong>withdraw crypto<\/strong> from <strong>wallets<\/strong>. The process of <strong>exchange <\/strong>and transfer of <strong>cryptocurrency <\/strong>is very fast and you can select the form of payment, including a <strong>deposit <\/strong>to your <strong>bank account<\/strong>. In online <strong>exchanges<\/strong>, one user sells <strong>cryptocurrency<\/strong>, and the other buys it for <strong>fiat currency <\/strong>(the user can choose <strong>USD <\/strong>or any other <strong>currency<\/strong>). But may run into scammers, so be careful when you <strong>withdraw money<\/strong> this way.<\/li>\n\n\n\n<li>Using a centralized <strong>crypto exchange<\/strong> is one of the fastest ways to <strong>withdraw Bitcoin <\/strong>or any other crypto on the <strong>blockchain <\/strong>from your <strong>wallet<\/strong>. Depending on the <strong>crypto exchange<\/strong> you use, you can <strong>withdraw money<\/strong> directly from the <strong>exchange <\/strong>to your <strong>bank account<\/strong> after selling coins. You can choose which crypto you want to <strong>withdraw <\/strong>and <strong>deposit <\/strong>to your <strong>bank account.<\/strong><\/li>\n\n\n\n<li>Today, many e-payment systems have introduced support for crypto. This method of withdrawing digital coins to your card can be classified as safe and convenient. You can use WebMoney, Payeer, or AdvCash to <strong>withdraw money<\/strong>. All these electronic payment systems and <strong>wallets <\/strong>are supported by most <strong>exchanges<\/strong>.<\/li>\n\n\n\n<li>Agree, it&#8217;s very convenient if you have a debit card linked to your digital assets (It&#8217;s not the same as a crypto <strong>wallet<\/strong>). With it, you can <strong>withdraw <\/strong>crypto, and pay for services and purchases. So, the user can <strong>exchange <\/strong>coins for <strong>USD <\/strong>without the participation of <strong>exchanges<\/strong>. With the same cards, you can <strong>withdraw <\/strong>coins through crypto ATMs and get <strong>USD<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p>There are trading platforms that allow you to <strong>withdraw <\/strong>assets from your <strong>wallet <\/strong>and <strong>deposit <\/strong>them directly to your card or<strong> bank account<\/strong>. But more often, the <strong>exchange <\/strong>transfers the amount to a third-party service, which then sends it to the user.&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How long does it take to send crypto from a <strong>wallet <\/strong>to a<strong> bank account<\/strong>?<\/h3>\n\n\n\n<p>The bank system usually takes from 3 to 5 days, so you may have to wait (we mean business days). There are also services where the <strong>exchange <\/strong>and transfer process is very fast (within 5-15 minutes). Nevertheless, if you want to cash out digital coins from your <strong>wallet<\/strong>, always choose the most reliable option with positive reviews and a large audience.<\/p>\n\n\n\n\n\n<h2 class=\"wp-block-heading\">Tax implications of transferring assets from a crypto <strong>wallet<\/strong><\/h2>\n\n\n\n<p>If you <strong>withdraw <\/strong>assets from a crypto <strong>wallet <\/strong>to a <strong>traditional bank <\/strong>account, don&#8217;t forget about taxes and fees. For instance, the percentage of fees varies from 1 to 10%, sometimes much more. It depends on the type of coin, its stock in the vault of the service, the method of withdrawal, and other parameters.&nbsp;<\/p>\n\n\n\n<p>Keep in mind that in addition to the commissions taken by the exchangers, the fee will be charged and the external payment systems. Add to this the fee for making withdrawals from these systems to your bank card. All this must be taken into account when you <strong>withdraw <\/strong>assets from a crypto <strong>wallet<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How hard is it to transfer crypto to a bank account and what it takes? How to withdraw Bitcoin or other digital assets from your crypto wallet? How long does this process take and what are the tax implications?<\/p>\n","protected":false},"author":7,"featured_media":1089,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[40,56,38],"authors":[37],"class_list":["post-1086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","tag-alphaguilty","tag-cryptocurrency","tag-education","authors-alphaguilty"],"acf":{"reading_time":""},"author-name":"AG Content Manager","suggested-articles":[{"ID":511,"post_author":"7","post_date":"2022-11-18 12:41:13","post_date_gmt":"2022-11-18 12:41:13","post_content":"<!-- wp:image {\"id\":512,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http:\/\/78.47.81.216\/wp-content\/uploads\/2022\/11\/blog5-1024x576.jpeg\" alt=\"\" class=\"wp-image-512\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p id=\"36ec\">If you\u2019re in trouble choosing a perfect crypto wallet for start, we are here to help you compare the two most popular services. Trust Wallet and MetaMask are easy-to-use virtual wallets for storing, sending and receiving digital currencies, but with their own unique aspects. Find out which one suits you better!<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"da06\"><strong>What is Trust Wallet<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"8f3e\">Trust Wallet is a very accessible and secure wallet with a user-friendly interface. Registration usually takes up a few minutes. Trust Wallet is open-source, so its developers usually fix any issues quite quickly.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"d1ef\">Trust Wallet gives access to 4,5 million (!) kinds of digital assets on more than 60 blockchains, such as Ethereum, Polygon, BNB, and blockchains used by various dapps and games. It also offers features like staking and token swap.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"340f\"><strong>What is MetaMask<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"83ca\">MetaMask is an easy-to-use Ethereum wallet, designed for those who have never used any crypto wallet before. Creating a MetaMask wallet also takes a few minutes. Note that during the registration you will get a secret phrase \u2014 save it, as it is the only key to restore your password.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"394b\">MetaMask has a mobile app, and is also compatible with web browsers like Brave and Chrome, allowing users to connect their wallets to various blockchain games. MetaMask supports all tokens on the ERC20 blockchain, so it can store only tokens based on the Ethereum network. It is equipped with an inbuilt token swap feature, too.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"35af\"><strong>Let\u2019s compare!<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"align\":\"center\",\"id\":513,\"sizeSlug\":\"full\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image aligncenter size-full\"><img src=\"http:\/\/78.47.81.216\/wp-content\/uploads\/2022\/11\/blog-6-1.png\" alt=\"\" class=\"wp-image-513\"\/><figcaption class=\"wp-element-caption\">https:\/\/community.metamask.io\/t\/storage-limit-issue-with-metamask\/2602<\/figcaption><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p id=\"9bfc\"><strong>Summing it all up<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"69f3\">Trust Wallet and MetaMask are simple crypto wallets which will perfectly suit beginners. They have similar fundamental functionality, but are different in some aspects that make them unique. MetaMask is more focused on having a modern user interface, while Trust Wallet is more of a simple wallet with a robust API.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"8513\">Both of them are hot wallets (connected to the internet), which makes them not very suitable for long-time storage of large amounts of cryptocurrency. When selecting your first wallet, first think of the currencies you will use and the preferable device to set the wallet on. As for other things, you will easily get used to them during your crypto experience!<\/p>\n<!-- \/wp:paragraph -->","post_title":"Trust Wallet vs MetaMask: the difference, advantages and downsides","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"trust-wallet-vs-metamask-the-difference-advantages-and-downsides","to_ping":"","pinged":"","post_modified":"2022-12-19 09:37:35","post_modified_gmt":"2022-12-19 09:37:35","post_content_filtered":"","post_parent":0,"guid":"http:\/\/78.47.81.216\/?p=511","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":650,"post_author":"7","post_date":"2022-12-19 15:52:50","post_date_gmt":"2022-12-19 15:52:50","post_content":"<!-- wp:image {\"id\":687,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http:\/\/78.47.81.216\/wp-content\/uploads\/2022\/12\/What-is-the-cost-of-NFTs-creation_-1024x576.jpg\" alt=\"\" class=\"wp-image-687\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>Now NFTs have become a new thing of digital assets ownership and no wonder. Of course, the main factor of interest for people becomes profit and the opportunity to create a unique object, for which no one else will have rights. The question of <a href=\"https:\/\/blog.alphaguilty.io\/nft-farming\">how to mint NFTs<\/a> and choose a marketplace is one of the most frequently asked. You can resell tokens and NFTs, but some people have built their exclusive objects with NFTs mint and get a good income. If you want to learn even more about NFTs - check out <a href=\"https:\/\/blog.alphaguilty.io\/ultimate-nft-guide-all-you-need-to-know-about-nft\">this ultimate guide<\/a> to them by our CEO, Mykhailo Sitalo!<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"id\":651,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http:\/\/78.47.81.216\/wp-content\/uploads\/2022\/12\/image-1024x683.png\" alt=\"\" class=\"wp-image-651\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>So, how much does it cost? Let's break down this topic in more detail right now if you already know how to mint a token. It may surprise you, but the cost to create an NFT is not so great anymore. Today we will discuss with you the cost of <a href=\"https:\/\/blog.alphaguilty.io\/how-to-create-an-nft-easy-to-learn-guide\">creating an NFT<\/a> and other points that are sure to come in handy when minting NFTs.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2>Let's look at the NFTs definition<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Before we get to the cost of <a href=\"https:\/\/blog.alphaguilty.io\/how-to-create-an-nft-easy-to-learn-guide\">creating an NFT<\/a>, we need to start with the basics. NFTs are unique objects which cannot be swapped out by others because they have no counterparts. This is the main advantage of NFTs because no one else in the world will have analogues of this object. Nevertheless, it is more interesting in the money question, because from the resale of NFTs you can get a big income (there are special NFTs marketplaces, which we will talk about a little later). So, how much does it cost to build NFTs?<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2>Creating an NFT for free and paid<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>You can create NFTs for pay, for example on the OpenSea, if you use an Ethereum network. How much does it cost? As a rule, you have to pay the price of a transaction on the blockchain for minting, and it can decrease or increase with traffic.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Anyone can create an NFT and you don't have to pay money for it. For example, Polygon does offer free NFT minting. You can mint NFTs not only on your computer or laptop but also on your smartphone. For example, you can use free mint, which allows you to pass on the minting fee to the buyer, so you don't have to pay.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Check this method to avoid paying the cost to create NFTs. The disadvantage of this method is that you have to lower the asking price to attract a buyer because he will have to pay extra for your NFTs minting.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2>In search of the best platform for NFTs<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Today, the most popular NFT marketplace is OpenSea. Users have a range of options available in this marketplace, such as NFTs minting, putting it up for sale, and even receiving kickbacks from all subsequent resales. The cost to create an NFT relies directly on the selected marketplace and blockchain. Let's take a closer look:<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>For <a href=\"https:\/\/blog.alphaguilty.io\/how-to-create-an-nft-easy-to-learn-guide\">creating an NFT<\/a>, you need to register on the site. This step is quick and easy if you have a crypto wallet. It is immediately linked to your account. This is necessary for you to be able to conduct transactions and pay the cost to create an NFT.<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>From there, it's just a matter of small things. You need to create an NFT collection, think up a name for it, and set some settings (although you can do that later). Formats for NFTs can be different.&nbsp;<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>When creating an NFT and uploading it, you give a name to the object, fill in some settings and you can put it up for sale. In doing so, be prepared for certain costs for an NFT creation process, among which are the sales commission, as well as the NFT collection forwarding fee, and the contract signing (done only once, all further sales are made under it).&nbsp;<\/li>\n<!-- \/wp:list-item --><\/ul>\n<!-- \/wp:list -->\n\n<!-- wp:paragraph -->\n<p>You do not have to choose an expensive blockchain, there are more affordable options. The popular NFT can be anything from a GIF or a meme to a moment from a sports match or a world music hit. What you can create, only you know.&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2>How much will it charge?<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>What will be the cost of creating NFTs? The number of commissions for creating an NFT varies depending on the workload of the site and, accordingly, the time of day. But you have to experiment a little before you find the right time. The average cost to create an NFT can be $0,01. You need to choose the right time for creating an NFT (if you select the busiest hours, you will have to pay more).<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In order not to go negative, your work must be worthwhile, so that the profits from the sale of the NFT collection cover all the commissions. Remember that the cost to create an NFT should be fully recouped. But here's the good news: you can set a resale fee in your settings. So every time your token is resold, you'll get a certain percentage into the NFT collection account.&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2>Related expenses for minting NFT collection<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>How much does it cost? The price of an NFTs building depends on many things. First of all, you often have to pay for gas. You may also have to cover site fees. But the main thing you have to worry about is the cost to create an NFT. This depends on the platform you use for the minting and the number of tokens you want to create.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Keep in mind that these expenses can change over time, so it's important to do your research on how much it costs in advance. If you're not sure which platform is best for you, talk to a specialist. How much does it cost? It all depends on the experience and rates of such a person. An experienced miner can help you navigate and make sure your tokens are built correctly.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Keep in mind that you will have to spend a considerable amount of time studying the site in detail. Choose the site you prefer to be placed on and read the reviews. It's a simple tip that will help you avoid difficulties later on, including overpayment for commissions. Another important aspect is that you need to familiarize yourself with user requests. This will help create a truly unique site that many people will want to buy.<\/p>\n<!-- \/wp:paragraph -->","post_title":"How much does it cost to create an NFT?","post_excerpt":"About how much will it cost you to build an NFT? What newcomers should consider when creating an NFT collection. Who can help you create your first NFT and how profitable it will be?","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-much-does-it-cost-to-create-an-nft","to_ping":"","pinged":"","post_modified":"2023-02-28 14:33:02","post_modified_gmt":"2023-02-28 14:33:02","post_content_filtered":"","post_parent":0,"guid":"http:\/\/78.47.81.216\/?p=650","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":299,"post_author":"7","post_date":"2022-11-14 13:13:31","post_date_gmt":"2022-11-14 13:13:31","post_content":"<!-- wp:image {\"id\":302,\"width\":600,\"height\":338,\"sizeSlug\":\"full\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-full is-resized\"><img src=\"http:\/\/78.47.81.216\/wp-content\/uploads\/2022\/11\/blog-11.webp\" alt=\"\" class=\"wp-image-302\" width=\"600\" height=\"338\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p id=\"3b7d\">Alpha Guilty, a community-governed launchpad for play-to-earn and NFT projects, is partnering with&nbsp;<a href=\"https:\/\/purefi.io\/\" target=\"_blank\" rel=\"noreferrer noopener\">PureFi<\/a>, a company developing the only compliance protocol for mitigating risks within the sphere of decentralized assets. The global purpose of this partnership is to build a transparent NFT market.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"5091\">Alpha Guilty aims to provide the safest and the most reliable services both to the projects it launches and to the customers who buy NFT on the platform. Alpha Guilty recognizes the importance of preventing risks of interacting with high-risk illicit assets, and PureFi\u2019s DeFi protocol best fits these needs.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"2734\">Within the partnership, PureFi will provide Alpha Guilty with its expertise in AML &amp; KYC. More specifically, PureFi will be responsible for checking funds launching projects on Alpha Guilty by first verifying their identity. Only then, if a fund fits KYC compliance, it shall give Alpha Guilty the \u201cgreen light\u201d to start dealing with them in a company-client relationship.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"d8d3\">PureFi will also be working to prevent possible interaction with funds suspected of money laundering, which is essential for Alpha Guilty, as the company keeps following all governmental regulations.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><mark style=\"background-color:#87f696\" class=\"has-inline-color\">Both procedures, such as Anti-money-laundering (AML) and Know-Your-Customer (KYC), help fight against crime associated with the cryptocurrency sphere and provide safety to holders and investors. With PureFi\u2019s excellency in both, Alpha Guilty is ensured to be kept up to the latest industry standards.<\/mark><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:quote -->\n<blockquote class=\"wp-block-quote\">\n<!-- wp:paragraph -->\n<p>We see a big ambition to solve the safety issues throughout the NFT market and refine our launchpad with the best AML and KYC practices<\/p>\n<!-- \/wp:paragraph -->\n<cite><strong>Alpha Guilty CEO Mykhailo Sitalo.<\/strong><\/cite><\/blockquote>\n<!-- \/wp:quote -->\n\n<!-- wp:quote -->\n<blockquote class=\"wp-block-quote\">\n<!-- wp:paragraph -->\n<p>Cryptocurrency, especially the NFT market, should be safe for all members. We are happy to be a partner of Alpha Guilty and work together to mitigate risks for the launchpad\u2019s great projects and community<\/p>\n<!-- \/wp:paragraph -->\n<cite><strong>Slava Demchuk, the CEO of PureFi<\/strong><\/cite><\/blockquote>\n<!-- \/wp:quote -->\n\n<!-- wp:paragraph -->\n<p id=\"a086\">Both procedures help fight against criminal cases associated with the cryptocurrency sphere, which has grown by 30% in the past year. According to data by Chainalysis, criminals laundered $8.6bn of cryptocurrency in 2021, and therefore, Alpha Guilty &amp; PureFi are taking upon a joint mission on purifying the NFT world from illegal funds.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"c7f5\"><strong>About Alpha Guilty:<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"f3d0\">Alpha Guilty develops an NFT launchpad and strives to become a leader in matching progressive investors with the best on the NFT market and play-to-earn projects. Alpha Guilty is a part of Cosima Capital, a crypto fund that brought together professional managers and analysts with many years of experience in capital and cryptocurrency markets. Alpha Guilty actively invests funds in promising projects and helps them grow with marketing promotion and team-building support.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"8a90\">Find Alpha Guilty on:<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"8f70\"><a href=\"https:\/\/alphaguilty.io\/\" target=\"_blank\" rel=\"noreferrer noopener\">Website<\/a>&nbsp;|&nbsp;<a href=\"https:\/\/go.alphaguilty.io\/twitter\" target=\"_blank\" rel=\"noreferrer noopener\">Twitter<\/a>&nbsp;|&nbsp;<a href=\"https:\/\/go.alphaguilty.io\/telegram\" target=\"_blank\" rel=\"noreferrer noopener\">Telegram<\/a>&nbsp;|&nbsp;<a href=\"https:\/\/go.alphaguilty.io\/discord\" target=\"_blank\" rel=\"noreferrer noopener\">Discord<\/a><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"0dfc\"><strong>About PureFi:<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"ce45\">PureFi is the only DeFi compliance protocol that preserves user anonymity for mitigating risks of interacting with high-risk illicit assets and onboarding institutions into DeFi. Developed by AMLBot in partnership with Hacken Foundation, aims to provide a full-cycle solution for crypto asset analytics and AML\/KYC procedures in the DeFi market.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"fa5f\"><strong>Find PureFi on:<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"e109\"><a href=\"https:\/\/purefi.io\/\" rel=\"noreferrer noopener\" target=\"_blank\">Website<\/a>&nbsp;|&nbsp;<a href=\"https:\/\/purefi.io\/\" rel=\"noreferrer noopener\" target=\"_blank\">Telegram<\/a>&nbsp;|&nbsp;<a href=\"https:\/\/twitter.com\/Purefi_Protocol\" rel=\"noreferrer noopener\" target=\"_blank\">Twitter<\/a>&nbsp;|&nbsp;<a href=\"https:\/\/purefi-protocol.medium.com\/\">Blog<\/a><\/p>\n<!-- \/wp:paragraph -->","post_title":"Alpha Guilty announces technical partnership with PureFi","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"alpha-guilty-announces-technical-partnership-with-purefi","to_ping":"","pinged":"","post_modified":"2022-12-19 09:44:52","post_modified_gmt":"2022-12-19 09:44:52","post_content_filtered":"","post_parent":0,"guid":"http:\/\/78.47.81.216\/?p=299","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"likes":"6","lang":"en","translations":{"en":1086,"ru":1466},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=\/wp\/v2\/posts\/1086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1086"}],"version-history":[{"count":1,"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=\/wp\/v2\/posts\/1086\/revisions"}],"predecessor-version":[{"id":1090,"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=\/wp\/v2\/posts\/1086\/revisions\/1090"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=\/wp\/v2\/media\/1089"}],"wp:attachment":[{"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1086"},{"taxonomy":"authors","embeddable":true,"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=%2Fwp%2Fv2%2Fauthors&post=1086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}