Pain points

1. Due to the rampant of market scammed, the Financial Regulatory Commission and Banking Supervision are becoming more stringent. It has become more difficult for companies to apply for virtual ATM transfer services, and the cost is high
2. Applying for third-party payment company review is even more stringent, and the operable amount of a single pipeline is limited

Soulations

1. Chno Pay accepts USDT, which can be transferred to merchants USDT or corresponding points to solve the difficulty of automatic deposit
2. With virtual currency conversion, cross-border payments can be supported. As long as the currency can be purchased locally, it can be exchanged to the merchant
3. Change to Chno Pay to pay and transfer large amounts of settlement, which can reduce risks

Receive virtual currency (USDT) and transfer it to the merchant

1. Receive USDT → Give USDT to the merchant. The merchant and the member agree on the ratio themselves
2. Receive USDT → Give merchants equivalent points
   

   The points can be converted directly into the agreed ratio with the consideration legal currency. For example, USDT:TWD is about 1:28. When we receive 20 USDT, it will automatically be converted into 560 points and transfer the points to the merchant.

Receive USDT and pay USDT (Receive USDT to merchant platform)

1. Deposit: charge a fixed fee to the member, such as 1 USDT (Members need to pay the blockchain fee)
2. Check out with the merchant:
   
   1. Percentage of the total USDT credited, for example 1%
   2. The fixed fee for each transaction must be added to the blockchain fee, such as 0.5 USDT / (transaction + blockchain handling fee)

Receive USDT for points (receive USDT for agreed ratio points)

1. Deposit: When receiving USDT, exchange points according to the current announced exchange rate, and a fixed fee, such as 1USDT, will be charged for each transaction. (Members need to pay the blockchain fee)
2. Check out with the merchant:
   
   1. Percentage of the total USDT credited, for example 1%
   2. The fixed fee for each transaction must be added to the blockchain fee, such as 0.5 USDT / (transaction + blockchain fee)

Note: Blockchain fee is also transaction fee. This fee is paid to the miner, which is the remuneration of the person who assists in keeping accounts on the blockchain. It can be called miner fee or fuel fee. This price is usually a floating price and is subject to the number of transactions. , The number of miners determines the price. When each virtual currency exchange applies for withdrawal (transfer), this 「blockchain fee」 is charged by the exchange.

The accountability items

1. Member fixed fee
2. The merchant has a fixed fee for each transaction
3. Processing fee as a percentage of total USDT credited at checkout with the merchant

Agency system

1. Can be used by lower-level agents for promotion
2. Can set lower-level proxy authority and accountability
3. Sub-accounts can be set to facilitate the management of personne

What can be agreed

1. Agreed on the checkout time with the merchant, such as weekly settlement, monthly settlement
2. Agreed on the exchange ratio of USDT to merchant's equivalent points

What to prepare?

1. Please express your willingness to contact our business contacts
2. Need to establish a three-party communication channel between you, us and the promoted party to facilitate technical support

Cooperation Process

1. After confirming the account number with the business, a set of agent management account secrets will be opened
2. Use this account secret to add a lower-level agent account in the background, the merchant account of the promoted party will be established under your agent level, you can add unlimited levels of lower-level agents, unlimited number of lower-level agents, each lower level has its own independent Hash IV, Hash Key
3. The agent account report can view the accounts of this layer, the accounts of the lower layers, etc., set the permissions of sub-accounts, and multi-work cooperation

What to prepare?

1. Recommended exchange (virtual currency wallet)
   • BitoPro （bitopro.com）
   • MAX （max.maicoin.com）
2. First, merchants need to go to any exchange to apply for a virtual currency wallet, and also guide members to go to the exchange to apply and pass verification
3. Only through the verification of the advanced version can you buy and sell virtual currencies with fiat currency, as well as the virtual currency payment order function
4. This system can provide API files for connecting to major merchant platforms, and can provide instructional guidance on how to use it. If you want to obtain it, please contact Chno Pay online customer service
5. After the payment is sent using Chno Pay on the merchant platform, the screen will jump to the Chno Pay transaction page. All operations can be completed directly on the Chno Pay platform, and the merchant platform does not need to write the redemption points function by itself
6. Chno Pay transaction page:
   
   • Enter the amount of USDT you want to pay, the system will automatically calculate the equivalent legal currency, confirm the amount and press 「OK」
   • Choose the type of wallet to withdraw (deposit). Chno Pay provides three wallet types, namely 「TRON TRC20」, 「Ethereum ERC20」 and 「OMNI LAYER」. Different wallet types cannot communicate with each other. If you choose the wrong wallet type, Filling in the wrong wallet address will result in the loss of your USDT. Chno Pay will not be able to assist you in retrieving the lost USDT. Please be cautious
   • Deposit USDT into the designated wallet address in the lower left corner of the page, and fill in the 「transaction code TXID」. After sending it, wait for the blockchain miner to confirm the completion, the merchant platform will automatically enter the point, and this transaction will be completed!

What is the transaction code TXID?

It is a transaction identification code for blockchain marking. The full name is 「Transaction ID」 or 「Transaction Hash」. In the world of virtual currency, we all use TXID to confirm each other's eyes. Within 10 minutes, we will use this TXID to compare the number of USDT deposited, transaction time, etc., to determine whether this transaction is successful

In order to avoid the theft of TXID, if Chno Pay detects that your transaction time, the number of USDT and other information are not correct, and the comparison is not correct for more than three times in a day, the member’s IP will be locked to avoid people who care about it. Hijacking

BitoPro Register Guide (bitopro.com)

BitoPro Exchange is one of the exchanges recommended by Chno Pay for registration.

This exchange must pass Level 1 and 2, two-stage verification. Through different stages, the functions open at each stage can be used. Level 1 can deposit funds with virtual currency, and others can withdraw to your wallet address, which is a pure virtual currency receiving function. (An API key is also provided to query assets, automatically place orders, and automatically withdraw through API, which is usually not used by ordinary users)

Only after passing Level 2 can you use legal currency (New Taiwan Dollars, U.S. dollars, etc.) to deposit/withdraw/transaction, that is, use real-world currencies to purchase, sell, store value, withdraw and transfer virtual currencies. Chno Pay recommends that you must pass this stage before you can use the complete Chno Pay merchant service.

The transaction provides three kinds of USDT wallets, ERC20, TRC20, Omni. The blockchain fees are all floating prices. When the price of Ether remains high, the fees will also rise with the tide. At present, the TRC20 withdrawal fees are cheaper and arrive in the account. The speed is also relatively fast, so you can make more use of it.

Please follow our steps to learn the registration, verification, and transaction functions step by step. After successful learning, you can teach your own members in the future and use the convenient Chno Pay virtual currency service together!

Enter the BitoPro website and click on the upper right corner to register, fill in the usual email to register. At this Level1 stage, you need to enter your email and mobile phone number, and fill in the email and mobile phone SMS to receive the verification code. After the verification is completed, you can use the virtual currency transaction of the site (TTCheck), but cannot use fiat currency to purchase virtual currency.

After completing Level1 verification, you can see the screen (Figure 4), please click 「Continue Verification」 to proceed Level2 verification. On the Personal Information> Verification page (Figure 5), you must pass the Level2 legal currency transaction function to use the full function, which is divided into identity verification and bank verification.

Identity Authentication:
This level is relatively complex, which is the focus of the so-called KYC.

• Figure 6 Fill in your information in order. Please fill in the information such as the date, location, replacement and reissuance according to the bottom of the front of the ID card, and put your ID card on the desktop. The background can be padded with a clean white paper and take a photo of the front side. The focus is clear and there is no cutting angle, and the lens angle must be horizontal to the ID to avoid failing the review.
• Figure 7 Get a piece of white paper and write the words 「Apply for BitoPro account use, 20YY/MM/DD, name」 (a marker is recommended), the date must be the day of the photo, and your real name should be written. Hold this white paper together with your ID card and take a selfie. The camera angle must be frontal and unobstructed, and all text must be in focus to avoid failing the review.
• Upload these two photos to the designated field, and press 「Submit」 to submit the application for review, waiting for review.

MAX Register Guide (max.maicoin.com)

MAX Exchange is one of the exchanges recommended by Chno Pay for registration.

This exchange must pass Level 1 and 2, two-stage verification. Through different stages, the functions open at each stage can be used. Lv1 can deposit funds with digital assets, and others can withdraw and assign to your wallet address, which is a pure virtual currency receiving function.

Only after passing Lv2 can you use legal currency (New Taiwan Dollars, U.S. dollars, etc.) to deposit/withdraw/transaction, that is, use real-world currencies to purchase, sell virtual currencies, store value, withdraw and transfer virtual currencies. Chno Pay recommends that you must pass this stage before you can use the complete Chno Pay merchant service.

The exchange provided USDT with two wallet addresses, namely ERC20 and Omni, but did not provide a TRC20 wallet. At present, the transaction fee of the blockchain is relatively cheap with TRC20.

Please follow our steps to learn the registration, verification, and transaction functions step by step. After successful learning, you can teach your own members in the future and use the convenient Chno Pay virtual currency service together!

Enter the MAX website, click on the upper right corner to register, fill in the Email to register, this is Level 1 verification, you can use digital asset deposits through this stage, that is, you can receive the function of receiving others to deposit into your virtual currency account

After passing the email verification, please perform the second stage verification of Level2, verify the mobile phone number, basic information, ID verification, and bank account verification in order. Only through this verification can the deposit/withdraw/transaction of fiat currency (Taiwan dollar, etc.) be carried out. Full functionality.

After entering your door number, you will receive a text message verification code, backfill the numbers in the text message into the verification code field, and click bind to complete.

ID verification:
This level is relatively complex, which is the key point of the so-called KYC.

1. Get a piece of white paper and write 「Only for MAX platform registration, 20YY/MM/DD」 or above (a strange pen is recommended), and the date must be the day of the photo. Hold this white paper together with your ID card and take a selfie. The camera angle must be frontal and unobstructed, and all text must be in focus to avoid failing the review.
2. Put your ID card and the second certificate on the table, and put a clean white paper on the back, take a photo on the front and the back. The focus should be clear and there is no corner cut. The lens angle must be horizontal to the certificate to prevent the review from failing. The second The certificate can be a health insurance card or a driver’s license or a passport.
3. Upload these photos to the designated field, and press Done to submit the application, waiting for review.

The last step of Level2 verification is the bank account. Please upload a photo of the bank passbook you want to bind. Be sure to use your real identity and account, and don’t make any fakes.

Fill in the bank code and account number of the account. After filling in and submitting for review, you need to wait for 5~7 working days to review on the platform. After passing, you can use this virtual currency account to trade on the exchange.

How to find my wallet address:

The USDT provided by this exchange has three wallet addresses, namely ERC20, TRC20 and Omni. Please go to 「Wallet」> 「Deposit」> 「USDT」, copy the wallet address, and provide it to Chno Pay customer service staff to assist in the setting. Can.

Different wallet types cannot exchange transactions, and the blockchain fees charged are different. Chno Pay provides three wallet addresses, which can support ERC20, TRC20, and Omni.