Home Reviews Wisenex What is this platform and how does it work?

Wisenex What is this platform and how does it work?

For newcomers to the world of cryptocurrencies, one of the main concerns is the difficulty in making a purchase. Wisenex is a cryptocurrency exchange that solves this problem since it allows you to buy cryptocurrencies in a few moments by making a bank transfer or using a credit or debit card.

How do I sign up for Wisenex?

wisenex sign up

Acquiring cryptocurrencies on this platform is a quick and easy process.

The first thing to do is register an account. To do this go to the top right of the official website and click on [SIGN UP]

In this step the following information will be requested:

  • Email
  • Phone
  • Full Name
  • State
  • City
  • Sex

With this data and a password we can access the platform, but are unable to make purchases. To do so you must validate your data. (This step is mandatory and we will explain later)

The verification in the accounts is done to increase the security of the users and avoid money laundering.

Wisenex has 3 levels of identification

Level 1: This level is the one that is exceeded when creating the account and where we will have entered the name, email and telephone.

• Once level 1 is completed we will only have access to the platform, with no possibility of purchase.

Level 2: Level 2 will request identity verification through a photo of your ID, passport or driving license, you must also verify the phone number that was entered in the registry, which will be done through an SMS.

• Once level 2 is completed, you will have access to make purchases of cryptocurrencies.

Level 3: To complete this level satisfactorily, a utility bill for a public service (electricity, water, gas …) will be requested in your name and where your real residence address appears.

• This level is for users who want to work with large volumes of cryptocurrencies.

Please note that the images delivered at the time of verification must have the quality and format requested on the platform, if you have problems during registration you can see the solutions here.

Verification of Level 2 accounts is usually automatic, however if there is a problem and the account needs manual verification it could be delayed up to 24 hours.

Tier 3 accounts are processed manually and will take up to 24 hours to verify.

Wisenex interface

Once we have created our account and accessed the platform we will see the following:

The Wisenex interface is clean and intuitive, in the top menu there are 3 options, Dashboard, Transaction list and Verifications.

wisenex dashboard

DASHBOARD:

In this tab we will see a graph with the real-time price of cryptocurrencies, in this case the Bitcoin price, a change table that shows the amount of crypto we will acquire based on the amount of purchase. (The value in this table is updated every 60 seconds).

We can also see an area with our personal data and the buttons that take us to the cryptocurrency purchase screen.

TRANSACTION LIST:

As its name suggests, in this tab you will see the list of transactions made on the platform.

VERIFICATIONS:

This is where you can send the different identity documents that are requested to pass the different verification levels and thus be able to make cryptocurrency purchases.

wisenex verification

The documents that you can send and modify in this tab are:

  • Personal information
  • ID / Passport Screenshot
  • Proof of address
  • Photo of payment card
  • Photo of a selfie with a passport in hand

Here are also their cryptocurrency wallets

What cryptocurrencies can I buy at Wisenex?

This platform pays more attention to quality than to quantity in terms of cryptocurrencies. Wisenex currently offers the purchase of 5 cryptocurrencies including Bitcoin [BTC] Ethereum [ETH], Litecoin [LTC], Bitcoin Cash [BCH] and stablecoin Tether [USDT].

As of today, Wisenex supports the dollar and the Euro as FIAT currency, soon the platform will add new fiat currencies.

How do I buy cryptocurrencies on Wisenex?

Once you have verified the account with a sufficient level that allows you to acquire cryptocurrencies, just press the [BUY COINS] button.

wisenex buy cryptocurrencies

Enter the amount you want to buy, the fiat currency with which you want to pay, the cryptocurrency you want to purchase and the wallet where you want the purchase made to be deposited.

Remember that the indicated wallet must appear in the [VERIFICATIONS] section.

Check the boxes where you accept the terms and verify that you are of legal age and press [CONTINUE].

wisenex payment method
Verify your personal data and upload the necessary documents to verify your account, if you have previously completed this step, the application will send you directly to the payment window.wisenex documentWhen making the payment, you can only use a card that has the same name that you used to register on the platform and verify your identity.

wisenex personal information
Enter your card details and press [CONTINUE]. Once the payment is validated, the purchase will have been made correctly in just a few clicks. When the transaction is verified, the cryptocurrencies will appear in the wallet indicated in the purchase process.

Rates

The processing fees applied when making a purchase will depend on the currency you want to purchase, you can view these fees here.

When withdrawing the coins from our wallet or if a deposit is received to the Wisenex wallet, the rates range between 1.5% and 3% in cryptocurrencies and 10% for fiat money.

You can see these more detailed rates in this link.

Affiliate program

Wisenex has an affiliate program available for its users, you can register and try to bring partners to the platform getting rewards for it.

The different levels that the platform offers are:

LEVEL BASIC – 3% Gain on exchange – $0 Required earnings

LEVEL JUNIOR – 5% Gain on exchange – $100 Required earnings

LEVEL MEDIUM – 10% Gain on exchange – $500 Required earnings

LEVEL HIGH – 12% Gain on exchange – $1000 Required earnings

LEVEL PREMIUM – 15% Gain on exchange – $5000 Required earnings

LEVEL VIP – 20% Gain on exchange – $10000 Required earnings

Payments are made every 15 days upon reaching a minimum of $ 200, with the option of being made by bank transfer or BTC.

If you register with the affiliate program you will have access to a panel where you can see the conversions made.

We have chosen transparency to be our moto so we made it easy for you to keep track of your traffic. Conversations can also be tracked in real time. You are given sophisticated and detailed tools for monitoring the statistics, CR, CTR. eCPC monitoring is included as well. The state-of-the-art system is user friendly and customized properly so it meets all your needs, so you can even track system pixel integration.”, they state on their web.

In addition, to facilitate this process for users, Wisenex offers its affiliates marketing materials to assist in promotion.

Platform security

In the crypto ecosystem, the security of funds is paramount for a project to attract users. Wisenex takes this very seriously and keeps its funds cold stored, leaving only 3% of its assets online.

It should not be forgotten that much of the security of a platform lies within its users, it is them who must keep their accounts protected, using strong passwords and keeping them safe.

Wisenex also offers the possibility of using 2FA to increase the protection of the accounts and Login Guard to detect the login from different IPs.

About Wisenex

wise network exchange

Wisenex is a cryptocurrency exchange that has been in the market for 5 years and has more than 120,000 clients around the world.

You can see if the platform is available in your country by clicking here.

The exchange conducts over 300,000 successful monthly transactions and its customer service supports 24/7.

Its website is available in English, Russian, German, Spain and French.

Conclusion

Purchasing cryptocurrencies for newcomers to the sector can seem like a difficult process and full of obstacles.

Platforms like Wisenex help to overcome these barriers and facilitate the acquisition of cryptocurrencies quickly and safely for anyone, both veterans in the crypto ecosystem and the most inexperienced.

Both speed and ease are two key points in increasing adoption of this crypto market.


Crypto Economy is not part of any of these agencies, projects or platforms. We encourage our readers to do their own research before making any use of them

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