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This crypto exchange is an exclusive service, offered only for high volume transactions (>50,000USD) – we enable our clients to securely transact and exchange cryptocurrency to fiat and vise versa in a confidential and quick manner. To protect our clients in the best way possible, the highest level of privacy is maintained at all times. For more informations regarding that matter, feel free to contact us anytime.
The crypto exchange at Panacrypto Inc. works different from what it’s like at Binance or Coinbase. First, there is no need for opening up an account with us – second, each crypto exchange is done manually with the oversight of a licenced fiduciary to protect our clients’ assets. The entire exchange process is explained in a more detailed way further below in this article!
To comply with international KYC and AML regulations, a risk assessment as well as a blockchain analysis have to be conducted in advance in order to prevent illicit funds from being transacted – this is a standard procedure and takes approximately 12-24 hours. After clearence, a designated escrow wallet (or bank account) will be provided to the client to deposit the desired amount of cryptocurrency – or fiat currency for selling and purchasing crypto respectively.
Once the client has deposited the desired amount, the crypto exchange process will begin – once completed, the funds will be sent to the final bank account (or wallet in the case of a crypto purchase) as soon as possible. The entire process takes about five business days to be completed. To guarantee absolute asset security and transparency to our clients at all times, the payment & crypto exchange process will be strictly monitored.
Due to the lack of infrastructure and most Panamanian banks refusing to accept funds that come from a traditional crypto exchange, it can be difficult to fully use your assets in the way you might like to. This is where Panacrypto steps in – not only do we have over five years of experience in the crypto industry ourselves, but have also partnered up with some of Panama’s most trusted law firms to assist us in providing this very special service to you!
We truly believe that blockchain and the crypto industry in general hold the solutions to many of our modern monetary problems. The benefits of Bitcoin and its newly added Lightning Network can be seen across the globe already, being able to connect billions of people to one decentralized and democratic network – with higher transaction rates, lower costs and latency than every other competing model by the traditional fiat system. This is a perfect example of evolution by innovation – we are proud to help shaping the future of crypto in Panama.
Do you need more informations regarding the price fixing during the crypto exchange, included fees, KYC requirements or else? For questions of any kind, please don’t hesitate to contact us! If you are looking to buy a property in Panama with crypto that you didn’t find on our marketplace, please feel free to reach out to us and tell us about it – we will set up everything accordingly to enable and secure your purchase!
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