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42agent coin account is an e-currency used to trade in 42agent system. This is a payment method that 42agent prepare for our customers. You can deposit money to your 42agent coin account and use it to pay your order straightly.
Benefits of using 42agent coin
§ Saving Transaction Charge
Western Union / WebMoney / MoneyGram / Bank Transfer: 5-15 USD transaction fee each payment.
Paypal charge: 4.4%+0.3 USD / each payment.
42agent coin account: one time charge only when deposit money.
§ Lock in exchange rates and stop worrying about exchange rate fluctuations
The effect of exchange rate can be lowered. As we know, the RMB has been appreciating all the time, and we will exchange USD to CNY according to the exchange rate set at the time of your recharge. When you pay for your order, the coin amount is deducted in CNY, and 1 coin = 1CNY.
Especially when wholesalers and retailers need to purchase goods from China for a long period of time, it is important for you to lock in the exchange rate.
§ Real-time payments, no more waiting for long cross-border remittances
Bank transfer need 2-7 working days to arrive at our account. Sometimes there will be delay for purchasing or shipping. But if you have a balance in your account, you can pay your order right away.
§ You can freely withdraw your funds at any time you want
You can withdraw the money at any time. After receiving your withdraw request, we will send the payment to your PayPal account within 24 hours in working days.
42agent coin is very easy to use, click here to see how to create a coin account, how to fund, pay with coin and withdraw the balance of coin to your PayPal or bank account.
An example of using 42agent coin
Suppose you have 10 orders in our system, and each order costs 300 USD. Here we will list the transaction fees for each payment method, so that you can see the great advantages of coin account.
PayPal: the transaction charge is 4.4%+0.3, then total transaction fee will be:
(300 * 0.044 + 0.3) * 10 = 135 USD
Bank transfer: it costs about 15 USD for each transaction below 500 USD, which is different from country to country, so if you pay for them independently, the total transaction fee for the 10 orders will be
15 * 10 = 150 USD
If you use bank transfer to deposit 3,000 USD into your coin account, which only costs about 20 USD as transaction fee, or maybe less, depending on your country policy. Then after this, you can use the deposit to pay for all your orders without any extra transaction charge
Is 42agent coin safe?
It’s very safe, and you can trust it as how you trust 42agent, which has been established for more than 9 years. An independent password needs to be set for your coin account, which is different from your login password. Each time you pay for order or request to withdraw balance, this password needs to be input to verify your identification.
In simple, you can regard 42agent coin account as another bank account. You can deposit money into it. When you are going to purchase items, you can pay the order directly. When you are short of money or any unexpected circumstances, you can withdraw it at any time (withdraw to Paypal). You only need to pay transfer charges one time – when you deposit the money.