OTPPAY — Your Next-Gen Crypto Banker

4 min readMar 22, 2018

Hello people of the world, come back with me in my blog here! Today we take a look at the “OTPPAY” project. If you are looking for a great project with ideas that can improve industrial Cryptocurrency “OTPPAY” is the one You are looking for….

What is needed in today’s’ cryptocurrency activities is a minimalist approach to selling, buying, and paying with the cryptocurrency. Why is it so? The answer to this question is quite obvious. Nowadays, common people are interested in joining global cryptocurrency trade. However, the fact that they are still a newbie that probably do not know much about the business. OTPPAY comes with its innovative platform that aims to help users to make any transactions using the cryptocurrency..

ABOUT OTPPAY

OTPPAY is “Omni Token Platform for Payments”, Blockchain-powered Wallet (Buy, Sell, Exchange and Payment) is a new modern platform that allows you to pay for your purchase with any cryptocurrency. Platform to convert funds and pay for an item that already exists in the currency indicated by the seller. It is planned to win world’s leading conversion in all possible crypto-currencies, as well as the sale of Exchange and payment for services and goods. In fact, someone can change their primary payment option from cryptocurrency to OTPPAY tokens instantaneously, so as to protect them from the fluctuating cryptocurrency market changes..

SO, HOW DOES IT WORK..?

Platform where all transactions are performed and requested is called Omni Token Platform. Whenever a user requests a service, the platform will automatically process the request quickly and at a low cost. All users who use the platform are verified via eKYC. Once their data and accounts are verified, they can start trading immediately. There is an auto-trading feature that saves clients’ customers. So, the only thing the customer needs to do is set a predetermined value and that’s all. The platform app will do the rest.

OTPpay wallet can be used :

To buy and sell cryptocurrencies- To make cryptocurrency payments
For credits or to lend currencies
To exchange cryptocurrencies with other types of currencies

This platform is set to become one of the largest platforms supporting virtually every major crypto asset in the world. Its convenience with regards to allowing clients to use cryptocurrencies of their choosing in making payments to vendors is one of the reasons why it looks like they will be able to bridge the gap separating cryptocurrency and fiat currency.

OTPPAY main purpose :

The main purpose of Otppay is to replace or bridge the existing traditional banking system using Otppay Crypto Bank with payment, transfer, currency exchange and loan options Blockchain. To achieve goals and deliver sophisticated liquidity solutions to customers by providing innovative mobile applications along with contactless debit cards that can be used around the world.
OTPPAY is trying to assist users in global e-commerce and business transaction. In addition to blockchain technology, the platform also uses other technologies such as API, AI, and cross-border eKYC interfaces.

OTPPAY TOKEN SALE :

Until 4th March, the OTPPAY will hold their private sale. The private sale is designed to offer the highest reward to the initial investors, the people that believed in the idea from the start. Right now, there’s a 100% bonus in tokens — which means that if you invest in OTPPAY in their private sale phase, you would get the highest ROI possible. According to their website, for 1 ETH invested you would earn 53,332 OTP tokens.

Their Pre-ICO starts on March 5th and ends on April 3rd. For 1 ETH investment in the Pre-ICO stage, you would earn 16,000 OTP tokens and a 20% bonus. The first stage of the ICO will start on April 4th and end on May 3rd. The bonus is lowered here, as for an investment of 1 ETH you’d receive only 8,000 OTP and a 15% bonus.

The final ICO stage would start on May 4th and end on June 2nd — with a 1 ETH for 8,000 tokens exchange rate plus a 10% bonus in OTP tokens.