Perfect Money Now Supports Bitcoin Wallets

Perfect Money has reportedly added support for the holding and transferring of bitcoins.

To be candid, the company can be considered as shady as they come. According to an article in Reuters in 2013, they are better known as the next destination for "e-money" transactions following the shutdown of Liberty Reserve.

Similar to "Liberty Reserve dollars" or "euros", Perfect Money has its virtual equivalent of dollar, euro and gold-based wallets. According to its homepage, the service can be used for transferring money, funding trading accounts and other Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term. It says to offer 4% annual interest on amounts stored in their service, which by far exceeds the rates offered by even the best savings accounts and may only be possible if funds are 'used' elsewhere.

The service was previously available for funding accounts on Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term exchanges such as eCoin, whose published numbers also deserve healthy scrutiny. Now, users can apparently move bitcoins in and out of Perfect Money. Deposits are stated as free, and withdrawals are charged a hefty 2.5%.

The service is formally registered Startup Research & Investments LLC. It currently is based in Hong Kong, but according to the Reuters report, it has previously indicated Panama as its home. The company does not list a phone number for its offices or identify management or key employees.

The article also quoted Idan Aharoni, Head of Cyber Intelligence at EMC Corp's RSA security division, as saying that online scam artists and thieves have turned to Perfect Money to conceal activities in a similar manner as on Liberty Reserve. Hackers selling stolen credit information have reportedly stated on forums that they'll accept Perfect Money for payment.