Thank you for choosing SafePal Bank Gateway! Your bank account has been activated, and you can experience the brand-new web3 bank services now! This article will show you how to use SafePal banking services.
1. Spend with cryptocurrency via SafePal co-branded Visa card
You can deposit your cryptocurrency into your bank account, and the bank will automatically convert it into euros and store it in your bank account. You can use these funds to make purchases via the SafePal co-branded Visa card. The specific steps are as follows:
(1) Activate your Visa card. Click the ‘Card’ button on the bank homepage and then set the spending limit to complete the Visa card activation.
(2) Click the card number to view your full card number, then link your Visa card to Paypal, Apple Pay, Google Pay or Samsung Pay.
For more help on using Visa cards, please click here.
(3) Deposit. Select the 'Deposit' icon on the bank homepage as shown below. Enter the amount that you want to top up, select EUR to make the deposit, and click 'Confirm'.
After the deposit is completed, you can use the SafePal co-branded Visa card to make purchases via Paypal, Apple, Google or Samsung Pay.
2. Buy USDC（On Ramp）
(1) View your bank wire information and deposit funds from other banks to your bank in the SafePal App.
(2) Select the 'Buy' icon on the bank homepage as shown below, then use the funds in your account to buy USDC.
3. Sell USDC（Off Ramp）
(1) Deposit USDC to your bank account.
(2) Click the ‘Transfer’ button and select ‘Payout’ as shown below. Select the account you want to transfer out, enter the amount and click Next to make the transfer.
Please note that at present, you can only select a recipient for transfers from your contacts list. You can learn how to add a payout contact here.
4. Upgrading your account
In addition to the above functions, you can also earn points by inviting others to open bank accounts and pledge SFP to upgrade your account tier. As your tier increases, you can get a higher deposit fee discount, crypto purchase fee discount, and more commissions. For details, please refer here.
5. If you have any other questions, please check here.
