Are
the exchange rates real-time?
When initiating a cryptocurrency payment, we
guarantee a 25-minute exchange rate. Once the funds arrive,
cryptocurrencies will be converted into local currencies immediately at the guaranteed exchange
rate. SpeedOTC obtains
cryptocurrency exchange rates from multiple authoritative sources such as Kraken and Coinbase.
In rare cases, there may
be any obstacles to the transaction. If the error is caused by a system problem, funds arriving
after 25 minutes will be
accepted.
What
are the payment order statuses?
uccess: Received payment but payment amount is less than order amount
Success: Received payment and payment amount equals order amount
Success: Received payment but payment amount is greater than order amount
Failure: No payment detected
Failure: Payment rejected or serious problem by encrypted network
Processing: Received payment but unable to confirm immediately, pending confirmation for processing
Success: Received payment and payment amount equals order amount
Success: Received payment but payment amount is greater than order amount
Failure: No payment detected
Failure: Payment rejected or serious problem by encrypted network
Processing: Received payment but unable to confirm immediately, pending confirmation for processing
Are
there minimum or maximum exchange amount limits?
SpeedOTC does not set any exchange amount limits.
If the exchange amount is very small, you should consider the cost
incurred by the cryptocurrency network.
Which
cryptocurrencies are supported for payment?
Cryptocurrency Code | Cryptocurrency Name |
---|---|
BTC | Bitcoin |
LNBC | Bitcoin Lightning |
ETH | Ethereum |
USDT | Tether (ERC20 network) |
USDT_TRC20 | Tether (TRC20 network) |
USDC | USD Coin (ERC20 network) |
USDC_TRC20 | USD Coin (TRC20 network) |
What
should I do if my order expires?
- If you have not paid, you can reorder.
- If you have paid
- You can check if there is any change in your order status, or you can contact our customer service for inquiry.
- If your payment is made after the timeout, we will settle according to the exchange rate at the actual payment time.
- The actual valid payment time for the order address is 24 hours. To ensure your exchange rate and asset security, please make payment within 25 minutes of the order.
What
documents and requirements does KYC support?
Support for ID card, passport, driver's license
- Image size limit is less than 16M
- The file must be valid and not expired.
- All details on the document must be clear and readable.
- Basic information such as name, date of birth, and ID number must be provided.
- There must be a photo of the person on the document.
- The file must be original and not altered in any form.
How
long does KYC verification take?
We will complete your KYC document verification within one working day.