Topic: WebMoney starts processing Bitcoins (Read 19306 times)
They use bitcoin derivatives as internal currency wmx
I just saw this thread, and I thought webmoney started accepting bitcoins . Too bad it was in 2013.
Are they by any chance still integrating or accepting bitcoins ?
No my friend nothing like that happened. Unfortunately they are not accepting bitcoin as well as PayPal. And I have seen dozens news about PayPal and WebMoney before planning to integrate bitcoin asap. Are they by any chance still integrating or accepting bitcoins ?
I just saw this thread, and I thought webmoney started accepting bitcoins . Too bad it was in 2013.
Are they by any chance still integrating or accepting bitcoins ?
Are they by any chance still integrating or accepting bitcoins ?
Hi there
there is any person want BTC everyday ?
i have a lot of BTC for selling
more than 100 BTC per day
but i want WMX
who want to work with me ?
there is any person want BTC everyday ?
i have a lot of BTC for selling
more than 100 BTC per day
but i want WMX
who want to work with me ?
Can we bring back the newbie jail and also add account executions?
Oh look it's a newbie necro spammer. How big can my ignore list get?
I think you can also convert your wmx to paypal there:
http://exwp.org/index_en.html
Ive not tried it yet, but ive read some people did and it was successful
Looks like 12% fee on exwp.org!!! i agree a bit expensive.
I think you can also convert your wmx to paypal there:
http://exwp.org/index_en.html
Ive not tried it yet, but ive read some people did and it was successful
Great news, I'm sure it will benefit a lot of people.
Shame that I can't seem to find any where in the UK that accepts WebMoney.
Shame that I can't seem to find any where in the UK that accepts WebMoney.
But www.dealextreme.com accept webmoney and they offer free shipping to the UK as well as the lowest prices on the web for electronic goods. Great place for getting things like super-bright LED bike lights, torches, lasers, rechargeable batteries, stuff like that.
reviving a tread here
Also Aliexpress accept Webmoney now
This is interesting for me as i was using paypal before... Now i can use my bitcoin
I think you can also convert your wmx to paypal there:
http://exwp.org/index_en.html
Ive not tried it yet, but ive read some people did and it was successful
BTW, bad news for Americans.
If you try to register new WM account from IP address located in the US, you'll see this message:
If you try to register new WM account from IP address located in the US, you'll see this message:
That screenshot should be the bulls' new flag.
Things are slowly moving in the right direction. Or at least what I see as the right direction...
Edit: just signed up with my Google ID: it was a breeze
So any arbitrage opportunities here?
wmx purse only createable on webmoney keeper classic.
keeper light too
Just test deposit 0.1 BTC to wmx purse, Very easy and 100 wmx received after 6 confirmation. oh yeah, wmx purse only createable on webmoney keeper classic.
If you need any help with using WebMoney, you can ask questions here: https://bitcointalksearch.org/topic/webmoney-how-to-use-webmoney-with-btc-detailed-instructions-with-screenshots-210118
Great news, I'm sure it will benefit a lot of people.
Shame that I can't seem to find any where in the UK that accepts WebMoney.
Shame that I can't seem to find any where in the UK that accepts WebMoney.
But www.dealextreme.com accept webmoney and they offer free shipping to the UK as well as the lowest prices on the web for electronic goods. Great place for getting things like super-bright LED bike lights, torches, lasers, rechargeable batteries, stuff like that.
Quote
this really sounds like a dream become true. Someone please wake me up and tell me where is the catch 
The only catch is commission you pay by the time you BTC land on your debit card.
WMX -> WMZ = 0,8% (standard)
WMZ -> card = 0,8% (standard) + 0,6%
see here: https://cards.wmtransfer.com/en/products/tariff/anycard
2,2% total. Is that a lot?
Thats amazing if you can hold bitcoins up to the minute when you purchase.
2,2% total. Is that a lot?
Not compared to the average gain in value bitcoin has had in the past years. Quote
this really sounds like a dream become true. Someone please wake me up and tell me where is the catch
The only catch is commission you pay by the time you BTC land on your debit card.
WMX -> WMZ = 0,8% (standard)
WMZ -> card = 0,8% (standard) + 0,6%
see here: https://cards.wmtransfer.com/en/products/tariff/anycard
2,2% total. Is that a lot?
More great news 
Great news, I'm sure it will benefit a lot of people.
Shame that I can't seem to find any where in the UK that accepts WebMoney.
Shame that I can't seem to find any where in the UK that accepts WebMoney.
Here is a big directory of merchants who accept WebMoney worldwide:
http://megastock.ru/?lang=en
Top-up mobile phone, ISPs, VOIP, TV etc.:
https://telepay.wmtransfer.com/megastock.aspx
(unfortunately no providers in UK is presented, but for example Spain, Cyprus, China and Thailand are available)
Avia tickets, hotels & other for WebMoney worldwide (prices are in Rubles here. $1 = ~31 RUB):
http://www.pososhok.ru/partner/english/
PockerStars also accepts WebMoney:
http://www.pokerstars.com/
Great news, I'm sure it will benefit a lot of people.
Shame that I can't seem to find any where in the UK that accepts WebMoney.
Shame that I can't seem to find any where in the UK that accepts WebMoney.
this really sounds like a dream become true. Someone please wake me up and tell me where is the catch
Automatic market coversion is for paying for goods or services on websites which accept WebMoney.
For example: You want to deposit your Skype account with WebMoney. You want to pay 5 WMZ ($5), but you have no money in your WMZ purse. If that, WebMoney will ask you to choose which purse you want to convert from. You can choose another type of purse and pay from it.
But I think automatic conversion for WMX purses is not available now. It will be available in the near future, when their exchange will have sufficient volume of orders.
Also, if you don't have WMZ on your account to pay invoice, Webmoney offers automatic market conversion of needed amount of WMX (for example).
Bitcoin credit card!!!
methinks: guess what I'll be soon paying for my grocery at the local shop with.
this really sounds like a dream become true. Someone please wake me up and tell me where is the catch
They can block your webmoney wallet if they receive lots of scam reports.
And if your conflict is over, they will unlock your wallet.
By the way, I usually deposit my Skype account with webmoney WMZ
And I have a debit card attached to my WM wallet, so I can withdraw and deposit money instantly. It's very comfortable.
And if your conflict is over, they will unlock your wallet.
By the way, I usually deposit my Skype account with webmoney WMZ
And I have a debit card attached to my WM wallet, so I can withdraw and deposit money instantly. It's very comfortable.
Also, if you don't have WMZ on your account to pay invoice, Webmoney offers automatic market conversion of needed amount of WMX (for example).
Bitcoin credit card!!!
That time Webmoney introduced WMG (gold purses) by the way.
And gold in WMG purses is physically stored in Dubai, United Arab Emirates.
We will see soon russian cybercriminals will start accept wmx as their payment option.
There is difference between BTC and WMX. If you hold WMX you are traceable within WM system.
Actually Webmony is far beyond CIS (ex USSR) already. It got burst right after e-Gold has busted by Uncle Sam. That time Webmoney introduced WMG (gold purses) by the way. Users of deceased e-Gold had to switch either to Liberty Reserve or to Webmoney. Webmoney was quite attractive option because it was more solidly established than Liberty Reserve and offered almost the same level of liberality. Though they don't tolerate scammers and was very anti-ponzi.
Webmoney actually got quite smart franchise-like model. There is central offshore entity which underwrites USD (WMZ), gold (WMG) and now Bitcoin (WMX). And also network of independent national currency underwriters for Euro, Russian Rouble, Ukrainian Hryvna, Euro, etc. There is even Vietnamese Dong Webmoney (WMV). Any independent entity per country can contract with Webmoney and underwrite national Webmoney currency.
Webmoney actually got quite smart franchise-like model. There is central offshore entity which underwrites USD (WMZ), gold (WMG) and now Bitcoin (WMX). And also network of independent national currency underwriters for Euro, Russian Rouble, Ukrainian Hryvna, Euro, etc. There is even Vietnamese Dong Webmoney (WMV). Any independent entity per country can contract with Webmoney and underwrite national Webmoney currency.
This is huge..i've been long time noticed bitcoin-qt are same concept as webmoney keeper classic operated which is need apps installed and rely on wallet file.
We will see soon russian cybercriminals will start accept wmx as their payment option.
We will see soon russian cybercriminals will start accept wmx as their payment option.
You can use Webmoney Keeper Light. This needs your browser only.
Just choose the "Keeper Light" option during registration.
This is huge..i've been long time noticed bitcoin-qt are same concept as webmoney keeper classic operated which is need apps installed and rely on wallet file.
We will see soon russian cybercriminals will start accept wmx as their payment option.
We will see soon russian cybercriminals will start accept wmx as their payment option.
Yeah, well then it is a case of pick your flavour of gangster ... seems the russian gangsters are more accomodating than the USA gangsters in this area of 'business'.
There are 2 main factors of success of Russian business:
1. If your Russian company has core shareholders which are companies registered in offshores (or in European countries), Russian "gangsters" are accomodating with you, because they don't know who really owns your company. They are afraid of you.
Example: "Yandex" (www.yandex.com) - the most popular search engine in Russia (more popular then Google). Their company "Yandex LLC" has core shareholder: the company "Yandex N.V." which is placed in Netherlands.
2. If you have any problems with "gangsters" (government officials), you can bribe them in most cases. We in Russia have the ironic proverb: "Severity of Russian laws is offset by non-execution".
All the evidence you need to know that Russia is actually ahead of USA in terms of freedom to do business ...
We have another huge problems with doing business here in Russia.
So, actual freedom & safety is "Russia + Some offshore(s)" business model. WebMoney uses it successfully.
Yeah, well then it is a case of pick your flavour of gangster ... seems the russian gangsters are more accomodating than the USA gangsters in this area of 'business'.
All the evidence you need to know that Russia is actually ahead of USA in terms of freedom to do business ...
We have another huge problems with doing business here in Russia.
So, actual freedom & safety is "Russia + Some offshore(s)" business model. WebMoney uses it successfully.
All the evidence you need to know that Russia is actually ahead of USA in terms of freedom to do business ...
... when will the yoke of USA corrupted banking/monetary system be come too much to carry for the US citizens?
It seems there is no amount of abuse and criminality from the banks they are willing to put up with, hey even reward them for with bonuses drawn straight from tax-payer bail-out funds.
Land of the Free? ... more like Land of the Farce.
... when will the yoke of USA corrupted banking/monetary system be come too much to carry for the US citizens?
It seems there is no amount of abuse and criminality from the banks they are willing to put up with, hey even reward them for with bonuses drawn straight from tax-payer bail-out funds.
Land of the Free? ... more like Land of the Farce.
BTW, bad news for Americans.
If you try to register new WM account from IP address located in the US, you'll see this message:
If you try to register new WM account from IP address located in the US, you'll see this message:
BUT... then this link caught my eye: https://cards.wmtransfer.com/en
So does that mean that I can have my credit card directly with them?
If that's the case, this is as close as it gets to having a credit card in bitcoins, right?
Like change WMX to WME then instantly fund the card with WME.
do I read this right? Because it feels huge to me.
So does that mean that I can have my credit card directly with them?
If that's the case, this is as close as it gets to having a credit card in bitcoins, right?
Like change WMX to WME then instantly fund the card with WME.
do I read this right? Because it feels huge to me.
Yes, you're right. You can order a debit card and instantly transfer money between your WME/WMZ purse and the card.
Wait a minute.
I got that mBTC=WMX, EUR=WME, USD=WMZ etc.
I understand that they renamed all currencies to their own webmoney virtual equivalents and they run an exchange for people to swap them. I suppose this is done to circumvent certain amount of regulations that are required when transmitting "real" money.
And they are registered in Belize which is a tax heaven whose laws are quite welcoming for shady businesses.
Besides that I think I can still trust them if they exist since 1998 and have 11 million users.
BUT... then this link caught my eye: https://cards.wmtransfer.com/en
So does that mean that I can have my credit card directly with them?
If that's the case, this is as close as it gets to having a credit card in bitcoins, right?
Like change WMX to WME then instantly fund the card with WME.
do I read this right? Because it feels huge to me.
I got that mBTC=WMX, EUR=WME, USD=WMZ etc.
I understand that they renamed all currencies to their own webmoney virtual equivalents and they run an exchange for people to swap them. I suppose this is done to circumvent certain amount of regulations that are required when transmitting "real" money.
And they are registered in Belize which is a tax heaven whose laws are quite welcoming for shady businesses.
Besides that I think I can still trust them if they exist since 1998 and have 11 million users.
BUT... then this link caught my eye: https://cards.wmtransfer.com/en
So does that mean that I can have my credit card directly with them?
If that's the case, this is as close as it gets to having a credit card in bitcoins, right?
Like change WMX to WME then instantly fund the card with WME.
do I read this right? Because it feels huge to me.
What do you mean?
There are many exchanges that allow to convert various types of WebMoney (WMZ, WMR, WME etc).You can see a list with them (in Russian): http://www.bestchange.ru/
P.S. Price will definitely soar when they start buying.
I expect price spike on this event because many WebMoney exchanges now will start buying BTC to offer WMX for their customers.
What do you mean?
I expect price spike on this event because many WebMoney exchanges now will start buying BTC to offer WMX for their customers.
good news
BTW, bad news for Americans.
If you try to register new WM account from IP address located in the US, you'll see this message:
If you try to register new WM account from IP address located in the US, you'll see this message:
Is that not just a kick in the pants. This shows that even the big dogs have to tread carefully and not be kicked out of the "global community".
Even if they mean well some people have different goals and are willing to risk more then others with the hope of realizing those goals. With all the projects aimed at facilitating the globalization movement this was inevitable.
Edit: In the words of a well known influential business magnate, as to Bitcoin and the project "I think its Rat Poison"
Source
And another good interview to watch
Who will win out in the end? Time will tell no lie.
They can block your webmoney wallet if they receive lots of scam reports.
And if your conflict is over, they will unlock your wallet.
By the way, I usually deposit my Skype account with webmoney WMZ
And I have a debit card attached to my WM wallet, so I can withdraw and deposit money instantly. It's very comfortable.
And if your conflict is over, they will unlock your wallet.
By the way, I usually deposit my Skype account with webmoney WMZ
And I have a debit card attached to my WM wallet, so I can withdraw and deposit money instantly. It's very comfortable.
Also, if you don't have WMZ on your account to pay invoice, Webmoney offers automatic market conversion of needed amount of WMX (for example).
Are Webmoney transactions reversible?
I thnik yes because they have their own arbitration system: https://arbitrage.wmtransfer.com/asp/default.asp
Generally, they are not.
Wikipedia says:
Quote
WebMoney transactions do not require a credit card or bank account, are final, and cannot be retracted. This is similar to Bitcoin, e-gold and cash and in contrast to credit card and PayPal transactions.
They can block your webmoney wallet if they receive lots of scam reports.
And if your conflict is over, they will unlock your wallet.
By the way, I usually deposit my Skype account with webmoney WMZ
And I have a debit card attached to my WM wallet, so I can withdraw and deposit money instantly. It's very comfortable.
And if your conflict is over, they will unlock your wallet.
By the way, I usually deposit my Skype account with webmoney WMZ
And I have a debit card attached to my WM wallet, so I can withdraw and deposit money instantly. It's very comfortable.
Are Webmoney transactions reversible?
I thnik yes because they have their own arbitration system: https://arbitrage.wmtransfer.com/asp/default.asp
Generally, they are not.
You can get your account blocked by arbitration system for scam or get a decision that you should reimburse to your customer. But it's nothing like chargeback in PayPal. So it's more like an online judge to resolve conflicts
When the Feds shut a Window, Russia opens a door!
http://www.thegenesisblock.com/bitcoin-access-expanded-to-over-11-million-users-of-webmoney/
http://www.thegenesisblock.com/bitcoin-access-expanded-to-over-11-million-users-of-webmoney/
Are Webmoney transactions reversible?
I thnik yes because they have their own arbitration system: https://arbitrage.wmtransfer.com/asp/default.asp
It's a Russian paypal. Accepted at the types of places Paypal is. Given that, it's not terribly useful for Americans.
Are Webmoney transactions reversible?
Here is the list of places where you can deposit/withdraw your Webmoney.
http://geo.webmoney.ru/wmobjects/default.aspx?lang=en
http://geo.webmoney.ru/wmobjects/default.aspx?lang=en
Let's back up a little. This is not a "somewhat complicated" system - this is a very complicated system.
Very little reason for you to use it. It's an e-wallet. Used mostly in Russia. To buy things online, in Russia.
It's a Russian paypal. Accepted at the types of places Paypal is. Given that, it's not terribly useful for Americans.
Yes. Seems like.
Although accepting bitcoin might change that a bit.
It's still great news. One of the oldest e-wallets, started in 1998. 11 million users. Huge in Russia. While not as big as if Paypal integrated Bitcoin, it's still up there. The fact it's non-usa, it's probably a good thing too. =)
Let's back up a little. This is not a "somewhat complicated" system - this is a very complicated system.
Very little reason for you to use it. It's an e-wallet. Used mostly in Russia. To buy things online, in Russia.
It's a Russian paypal. Accepted at the types of places Paypal is. Given that, it's not terribly useful for Americans.
Yes. Seems like.
Although accepting bitcoin might change that a bit.
The most positive thing in this is that a professional player comes into Bitcoin.
I don't like that amateur anime cards trading companies like gox without any kind of responsibility.
I don't like that amateur anime cards trading companies like gox without any kind of responsibility.
Let's back up a little. This is not a "somewhat complicated" system - this is a very complicated system.
Very little reason for you to use it. It's an e-wallet. Used mostly in Russia. To buy things online, in Russia.
It's a Russian paypal. Accepted at the types of places Paypal is. Given that, it's not terribly useful for Americans.
Let's back up a little. This is not a "somewhat complicated" system - this is a very complicated system.
So I can put bitcoin in. It becomes WMX.
I can trade it against WMZ (USD) or WME (Euro).
What can I get out, and how? Do I have to take out only what I put in (bitcoin), or can I get out any currency that I have traded for - and, if so, how? SEPA?
Of course my big question, being in the U.S., is can I use a VPN with a European exit node or Tor, and deal through a Euro account in the EU? Not much point in learning the system if I can't...
Anyone have those answers?
WMX is just an another Webmoney currency 1 WMX= 1mBTC. You can do with it whatever you want in terms of TOS. You can find a man with WMZ and do an exchange your WMX to his WMZ. You can open your own exchange WMX <=> WMZ. You can buy goods and services with WMX. And so on.So I can put bitcoin in. It becomes WMX.
I can trade it against WMZ (USD) or WME (Euro).
What can I get out, and how? Do I have to take out only what I put in (bitcoin), or can I get out any currency that I have traded for - and, if so, how? SEPA?
Of course my big question, being in the U.S., is can I use a VPN with a European exit node or Tor, and deal through a Euro account in the EU? Not much point in learning the system if I can't...
Anyone have those answers?
Its like a paypal announced they opened purses denominated in BTC (like they have in GBP,USD,EUR).
What can I get out, and how?
In countries where WebMoney is popular you can easily find an exchange and receive money on you local bank account or even get cash (semi)anonymously.Of course my big question, being in the U.S., is can I use a VPN with a European exit node or Tor
It is not easy, they require phone number verification.
Let's back up a little. This is not a "somewhat complicated" system - this is a very complicated system.
So I can put bitcoin in. It becomes WMX.
I can trade it against WMZ (USD) or WME (Euro).
What can I get out, and how? Do I have to take out only what I put in (bitcoin), or can I get out any currency that I have traded for - and, if so, how? SEPA?
Of course my big question, being in the U.S., is can I use a VPN with a European exit node or Tor, and deal through a Euro account in the EU? Not much point in learning the system if I can't...
Anyone have those answers?
So I can put bitcoin in. It becomes WMX.
I can trade it against WMZ (USD) or WME (Euro).
What can I get out, and how? Do I have to take out only what I put in (bitcoin), or can I get out any currency that I have traded for - and, if so, how? SEPA?
Of course my big question, being in the U.S., is can I use a VPN with a European exit node or Tor, and deal through a Euro account in the EU? Not much point in learning the system if I can't...
Anyone have those answers?
There is currently a huge number of currency exchanges from/to Webmoney. And it's very competitive thus fees are low.
So it's a great news for Russia and CIS bitcoiners.
So it's a great news for Russia and CIS bitcoiners.
WebMoney is most the popular e-money system in Russia and some other Eastern European countries.
Good news for Bitcoin!
Good news for Bitcoin!
OK so I'm in the UK and buying into bitcoin seems easiest by using localbitcoins or bitbargain. However cashing out of bitcoin seems less straightforward. Am I correct in thinking with the aid of WebMoney I could take my money to an online casino/poker site and then withdraw it from there?
You can put Bitcoin directly to your WMX purse or withdraw Bitcoin from there.You can exchange WMX to any of WMZ/WME/etc and back.
You can pay/accept WMX for not blacklisted in WM Transfer TOS goods and services.
You can not use any of Webmoney title units to play gambling, it is prohibited activity.
https://escrow.webmoney.ru/about.aspx
OK so I'm in the UK and buying into bitcoin seems easiest by using localbitcoins or bitbargain. However cashing out of bitcoin seems less straightforward. Am I correct in thinking with the aid of WebMoney I could take my money to an online casino/poker site and then withdraw it from there?
You can put Bitcoin directly to your WMX purse or withdraw Bitcoin from there.You can exchange WMX to any of WMZ/WME/etc and back.
You can pay/accept WMX for not blacklisted in WM Transfer TOS goods and services.
You can not use any of Webmoney title units to play gambling, it is prohibited activity.
OK so I'm in the UK and buying into bitcoin seems easiest by using localbitcoins or bitbargain. However cashing out of bitcoin seems less straightforward. Am I correct in thinking with the aid of WebMoney I could take my money to an online casino/poker site and then withdraw it from there?
And their transfer fees are low.
0.8%
Yes, this is big. I tried webmoney long ago. It looked somewhat complicated, but it is definitely a big player with lots of exchanges and online shops that accept it. And their transfer fees are low.
BTW, bad news for Americans.
Great news for Americans holding Bitcoins however. It's the Russian version of Paypal, they've been in business since 1998, and they're huge (over 11 million users). Best news this month.
BTW, bad news for Americans.
If you try to register new WM account from IP address located in the US, you'll see this message:
If you try to register new WM account from IP address located in the US, you'll see this message:
And actually we have the new Bitcoin exchange! https://wmeng.exchanger.ru
Literally! It is very liquid exchange.
And actually we have the new Bitcoin exchange! https://wmeng.exchanger.ru
:cool: Here is my new Bitcoin purse at webmoney (last)
Not accept, but process. They process bitcoin as one of their currencies.
fixed
Not accept, but process. They process bitcoin as one of their currencies.
Yeah, this is a pretty good announcement. If the DHS continues to start targeting US exchanges, then Russia services may conquer the market.
http://blog.wmtransfer.com/en/blog/wmx-the-new-type-of-title-units#.UZTP1Mq_Qmg
https://wmx.webmoney.ru/en-US#
http://en.wikipedia.org/wiki/WebMoney
Quote
WMX – the new type of title units
Posted on 16 May 2013 by Пресс-центр
The new type of title units named WMX has come into service at WebMoney Transfer system.
WMX is a unit of measurement delegated by WebMoney Transfer users and stored in the Guarantor`s (INDX Transactions LTD) storage for property rights to publish entries in the distributed transactional database of the bitcoin.org peer-to-peer network.
You can perform operations with X-purses using ether WM Keeper Classic ver. 3.9.9.1 or WM Keeper Light. WMX funding and withdrawal are available at wmx.webmoney.ru service.
Please read the rules of WMX funding/withdrawal and the Agreement on Property Rights Keeping.
After depositing bitcoins to be stored in the Guarantor`s storage, the WebMoney Transfer user can exchange them into WMZ, WME or to other title units at wmeng.exchanger.ru and make a purchase at any of tens of thousands online-shops connected to the System.
Posted on 16 May 2013 by Пресс-центр
The new type of title units named WMX has come into service at WebMoney Transfer system.
WMX is a unit of measurement delegated by WebMoney Transfer users and stored in the Guarantor`s (INDX Transactions LTD) storage for property rights to publish entries in the distributed transactional database of the bitcoin.org peer-to-peer network.
You can perform operations with X-purses using ether WM Keeper Classic ver. 3.9.9.1 or WM Keeper Light. WMX funding and withdrawal are available at wmx.webmoney.ru service.
Please read the rules of WMX funding/withdrawal and the Agreement on Property Rights Keeping.
After depositing bitcoins to be stored in the Guarantor`s storage, the WebMoney Transfer user can exchange them into WMZ, WME or to other title units at wmeng.exchanger.ru and make a purchase at any of tens of thousands online-shops connected to the System.
https://wmx.webmoney.ru/en-US#
Quote
WMX funding/withdrawal gateway
The service of keeping and transferring your BITCOIN ownership rights is provided by INDX Transactions LTD, the WMX Underwriter. The terms of service providing are set forth in the Agreement (Agreement on Property Rights Keeping), accepted by WebMoney Transfer system users upon creating X-purses. Your BTC ownership rights being kept are verified by depositing the corresponding amount of WMX (warehouse's receipts) on your X-purse. The Underwriter has set rates: 0.001BTC = 1 WMX.
Depositing WMX to your purse is executed by The Underwriter only after receiving over 6(six) bitcoin.org peer-to-peer network database verifications of your BTC transaction to the address provided by The Underwriter.
The Underwriter accepts any amounts of BTC for keeping, but depositing WMX to your purse is executed only for the amounts exceeding 0.0001 BTC.
Withdrawing BTC is possible only for the amounts exceeding equivalent of 1.00 WMX. The Underwriter’s withdrawal fee is 0.0005 BTC (paid by The Underwriter upon making a transaction).
The service of keeping and transferring your BITCOIN ownership rights is provided by INDX Transactions LTD, the WMX Underwriter. The terms of service providing are set forth in the Agreement (Agreement on Property Rights Keeping), accepted by WebMoney Transfer system users upon creating X-purses. Your BTC ownership rights being kept are verified by depositing the corresponding amount of WMX (warehouse's receipts) on your X-purse. The Underwriter has set rates: 0.001BTC = 1 WMX.
Depositing WMX to your purse is executed by The Underwriter only after receiving over 6(six) bitcoin.org peer-to-peer network database verifications of your BTC transaction to the address provided by The Underwriter.
The Underwriter accepts any amounts of BTC for keeping, but depositing WMX to your purse is executed only for the amounts exceeding 0.0001 BTC.
Withdrawing BTC is possible only for the amounts exceeding equivalent of 1.00 WMX. The Underwriter’s withdrawal fee is 0.0005 BTC (paid by The Underwriter upon making a transaction).
http://en.wikipedia.org/wiki/WebMoney
Quote
WebMoney is an electronic money and online payment system (transactions are conducted through WebMoney Transfer). WM Transfer Ltd, the owner and administrator of WebMoney Transfer Online Payment System, was founded in 1998 and is a legal corporate entity of Belize. Originally targeted mainly at Russian clients, it is now used worldwide. The company claims to have more than 11 million users.[1]
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