PointPay Review: Is PointPay Crypto Bank a Scam?

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The prevalence of cryptocurrency makes us consider ways and progress that will guarantee their openness to ordinary people. While the cryptocurrency markets are in turmoil, the industry continues to build and move forward with exciting new developments, one such development comes from a growing cryptocurrency bank.

One of the most talked-about topics in the financial services industry today is blockchain banking. If fully adopted, it will enable banks to process payments more quickly and more accurately while reducing transaction processing costs and the requirement for exceptions.

However, to capitalize on this potential, banks need to build the infrastructure required to create and operate a true global network using solutions based on this transformative technology.

PointPay has created a fundamentally new product that combines three services in a single closed-loop ecosystem: PointPay Crypto Bank, PointPay Crypto Exchange platform and PointPay Multi-currency Wallet.



According to PointPay, it has business contacts with more than 50 banks and 25 payment systems, as well as 20 lawyers who deal with issues of licensing crypto business.

It notes that many people like the idea of “finance without borders”. That is why the number of people actively using cryptocurrencies is steadily growing and approaching the psychological mark of 50 million people. Cryptocurrencies’ number of growth dynamics is also rapid.

If in 2010 the number of cryptocurrencies could be counted on the fingers of one hand, then in 2020 their number exceeded 2500 and has greater chances of reaching 3000 by the end of the year.

The Аll-in-one banking cryptocurrency ecosystem

PointPay has developed the all-in-one cryptocurrency ecosystem, which provides the ultimate convenience for customers in accessing all cryptocurrency-related services within one platform.

Several companies announced their plans to implement a similar vision, but none of them were able to fully execute on it so far. Poinypay is the first company that was able to successfully implement a fully licensed all-in-one solution for crypto and fiat currencies on the global market.

Why PointPay Crypto Bank is Great?

PointPay Crypto Bank (“PPCB”) is a part of the “All-in-one” utility token-based blockchain ecosystem, provide cryptobanking services one would find readily available in fiat currencies. It was built to breach the gap between the convenience of cryptocurrencies and functionality of a traditional bank.

PPCB filled this underserved niche by offering everyday users a full spectrum of banking services. The goal is to build a convenient, intuitive online banking platform, so even a non-technical user can benefit from all the services PPCB has to offer without the complications, currently associated with the blockchain technology.

PointPay Crypto Bank

PointPay Crypto Bank

Pointpay crypto bank is a new direction in the crypto market: It enables you to manage, save and grow your capital with PointPay.

-Crypto Bank

-Low fees

-Fast transfers worldwide

-No currency restrictions

-Virtual, debit and credit, fiat and crypto currency cards

-Cryptocurrency lending

-Crypto acquiring

-Online mobile banking

-Crypto Forex Trading

-Crypto deposits and credits

PointPay Crypto Exchange platform

PointPay Crypto Exchange platform

This enables you to Buy, sell and exchange cryptocurrency with confidence. Convenient interface and helpful tutorials make trading easy whether you are a newbie or a pro.

-Crypto Exchange platform

-Fiat pay-ins and pay-outs

-Tokenized assets trading (stocks, indices, commodities)

-Daily crypto back to PXP holders

-Four-level referral system and referral exchange

-Leveraged trading (1:10)

-24/7 support

PointPay Multi-currency Wallet

PointPay Multi-currency Wallet

Enables you to send and receive crypto and fiat currency to other members of the PointPay platform. Enjoy secure, fast transactions with our lowest fees!

-Multi-currency Wallet

-Multicurrency crypto and fiat accounts

-Security and anonymity

-Virtual crypto portfolio

-Instant exchange

-Cryptocurrency payments

-Instant deposits/withdrawals in EUR, USD, GBP, JPY, CHF

-SPV architecture

-Payment Code ID

-Easy to use

Cryptocurrency Exchange by PointPay. Centralized or Decentralized?

According to whitepaper,They are — the complete anonymity of the user, and the absence of personnel managers that may be interested in price manipulation within the exchange itself. However, there’s the other side of the coin.

A lot of decentralized cryptocurrency exchanges are usually managed by smart contracts, so those cryptocurrencies that do not support this technology cannot be bargained on decentralized exchanges.

It automatically entails a problem of poor liquidity, and this, in turn, leads to low trading volumes. In addition, a decentralized cryptocurrency exchange a priori doesn’t have a support service that could promptly answer questions from traders.

Taking into account these facts and a desire to work with fiat currencies that are a priority unavailable to decentralized exchanges, the developers of the PointPay Crypto Exchange platform have decided to implement the best features of a centralized one:

-Exchange: PointPay

-Token: PXP

-Country: UK

-Exchange type: Centr.

-Cashflow: Crypto-to-fiat, fiat-to-crypto, crypto-to-crypto, fiat-to-fiat

Tokenized Assets Trading With the PointPay Crypto Exchange platform

The PointPay team believes that the investment process should be more democratic and accessible to the vast majority of people who want to increase their funds. Investors who have cryptocurrencies in their asset portfolio do not have the opportunity to trade on world financial markets by investing in conventional asset classes.

They are — shares of world famous companies (Apple, Microsoft, Tesla), index funds (S&P 500, Nasdaq 100), ETF-funds (Financial Select Sector SPDR Fund, Invesco QQQ, VanEck Vectors Gold Miners ETF), raw materials (gas, gold, crude oil), etc.

Benefits for investors:

  • Increased investor confidence, as the exchange takes reputational risks on itself and evaluates the project for its compliance with established standards.
  • Exclusion of the so-called “gas wars” between investors competing among themselves for the right to be the first to receive the cherished tokens during a tokensale at a more attractive price.
  • Low entry level for investing that democratizes the process and makes it accessible to a wide range of crypto exchange users.

Benefits for cryptocurrency projects conducting tokensale:

  • Saving money spent on marketing the project, as the crypto exchange itself organizes the sale of tokens, attracting investors who have gone the whitelisting procedure.
  • Guaranteed achievement of softcap and hardcap by informing in advance crypto exchange users who have a potential to take part in a token sale.
  • Increasing of token liquidity after making a listing on the crypto exchange in the most popular trading pairs.

Benefits for the PointPay Crypto Exchange platform:

  • Stimulation of cryptocurrency liquidity growth by investors wishing to participate in the IEO and depositing the assets to the crypto exchange.
  • Increase in income from trading fees, as well as depositing and withdrawing commissions (the more income has the exchange, the more cryptoback get PXP token holders).
  • Attracting new traders who were not previously registered on the crypto exchange.

Tokenomics of the PointPay Token

PXP Token — Utility Token

PointPay Team considers the issue of creation an economic model to be fundamental. It will become a foundation for mutually beneficial relations between traders and the rest of the crypto community.

In order to give the token a financial value, we went through all possible strategies of maximizing the degree of token’s integratedness into the trading ecosystem. The PointPay token is a utility token, the purpose of which will be to perform internal payments inside the crypto exchange.

The further expansion of the token inside the crypto-ecosystem will be insured by establishing a platform that will allow representatives of the crypto community to emit their own tokens and run crowdfunding token sale campaigns.

Tokenomics of the PointPay Token

PointPay Token will be released based on the Ethereum platform and fully comply with the ERC20 standard. This will ensure security of the transactions, compatibility with the third-party services and will provide seamless and easy integration.

Tokenomics of the PointPay Token

-Soft cap: $1,000,000

-Hard cap: $30,000,000

-Symbol: PXP (PointPay token)

-Total supply: 500,000,000

-Unsold tokens: to be destroyed

-Retail price: 1 PXP = $0.10

Tokenomics of the PointPay Token

The Pointpay Team

The Pointpay Team
The Pointpay Team

Why Invest in PointPay?

According to PointPay, this is what we put all our time and energy into. We are ready to give everything to make your dream come true. Especially when it can change the world! We believe that we are able not only to fulfill the tasks set out in the roadmap but also to make our project the best of those existing in the cryptocurrency market now.

We are convinced that our concept of the payment system of the future, integrating a crypto bank into a single whole, a crypto exchange and a web multi-currency wallet is the only alternative for the development of global financial spheres. The products being developed combine seemingly incompatible: absolute reliability with equally absolute anonymity of users and ease of payments!

This is the twenty-first century outside, and such decisions will become commonplace very soon. But we will be pioneers on this thorny path! And you, our dear investors, can not only make money, but also become part of the story that is happening right now! (Andrey Svyatov CEO).

More info follow this links

  1. WHITEPAPER https://cdn.pointpay.io/WhitePaper__en.pdf?cache=1.4
  2. ONE PAGER https://cdn.pointpay.io/OnePager__en.pdf?cache=1.4
  3. ECOSYSTEM https://cdn.pointpay.io/PointPay_Ecosystem__en.pdf?cache=1.4
  4. WEBSITE https://pointpay.io/
  5. BITCOINTALK BOUNTY https://bitcointalk.org/index.php?topic=5151668.0
  6. ANN https://bitcointalk.org/index.php?topic=5146099

Social Media links

  1. TELEGRAM https://t.me/pointpay_talks
  2. LINKEDIN https://www.linkedin.com/company/pointpay/about/
  3. FACEBOOK https://www.facebook.com/PointPayLtd
  4. TWITTER https://twitter.com/PointPay1
  5. REDDIT https://www.reddit.com/user/PointPay
  6. YOUTUBE https://www.youtube.com/channel/UCS-_VDX97myxM5yLPYezH-w

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A trained Diplomat turned online entrepreneur since 2009. Founder of Invest Online Africa Inc: A social enterprise connecting Africans to legitimate income opportunities online. A great believer in passive income and advocate of Entrepreneurship. Aside online stuff, I am a caring father, Humanitarian and soccer fan... Oh! And I cry when I see a child cry😖

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