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Tag Archives: fees

holytransaction daily limit

HolyTransaction daily limit: how to increase it

If you want to increase your HolyTransaction daily limit for withdrawal and transaction this is the guide you need.

This process is directly linked to the 2FA (two factor) setup, so if you want to increase your limits, you will have to improve the security of your wallet first.

If you don’t have your 2FA activated, the limit is 1,000EUR, but if you decide to setup it, you can increase your daily limit.

So, after you successfully set up your 2FA with Google Authenticator, you just need to contact us via email (support@holytransaction.com) and ask us for the increasing.

In fact, this is not an automatical process.

Read the procedure I’m going to show you to increase your HolyTransaction daily limit.

How to increase your HolyTransaction daily limit for withdrawals and transactions in general

  1. Visit HolyTransaction.com;
  2. Sign in to your account (or create a new one);
  3. Click on “Settings” in the menu;
  4. Scroll down to “One time Password”;
  5. Click on the blue “Setup” button;
  6. Download the “Google Authenticator” app on your mobile (available for Android, iOS, and Blackberry);
  7. Scan with your mobile phone the QR code shown on your PC;
  8. In order to save the 2FA system, you have to digit the 6-number code you can read on your mobile phone;
  9. Click  on “Save” in order to confirm you want to activate the One-Time Password;
  10. Now you can ask our support team to increase your daily limit for withdrawals and transactions in general.

Click here to read a full explanation with pictures.

 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio
holytransaction wallet

HolyTransaction Wallet fees: a list for each crypto

Many of you are asking us how much we charge for transaction fees on our HolyTransaction Wallet platform.

Of course, you can check these costs on your wallet, in the “send” tab, before sending a transaction.

Recently, because of the increase in the price of some of these cryptocurrencies, we decided to decrease transaction fees.

That said, we want to be clearer, so below you can find all the HolyTransaction Wallet fees for each digital currency you can store on our multi-currency platform.

  • Bitcoin withdrawal: 0.0001 BTC
  • Litecoin withdrawal: 0.005 LTC
  • Peercoin withdrawal: 0.02 PPC
  • Dogecoin withdrawal: 7 DOGE
  • Dash withdrawal: 0.005 DASH
  • Blackcoin withdrawal: 0.2 BLK
  • Gridcoin withdrawal: 0.2 GRC
  • Ethereum withdrawal: 0.002 ETH
  • Gamecredits withdrawal: 0.2 GAME
  • Faircoin withdrawal: 0.2 FAIR
  • ZCash withdrawal: 0.001 ZEC
  • Decred withdrawal: 0.04 DCR
  • Syscoin withdrawal: 0.01 SYS
  • Pivx withdrawal: 0.025 PIVX
  • Creativecoin withdrawal: 0.1 CREA
  • Vertcoin withdrawal: 0.01 VTC
  • 0x Project withdrawal: 1.5 ZRX

Of course, we don’t charge any fees for storing or opening your own wallet on our platform, so fees are only charged in case of withdrawal.

Open your multi-currency wallet here.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

Nevada stops blockchain transactions taxes

A new bill has been proposed to the Nevada Senate and, if it pass, will stop local taxes and fees on the use of a blockchain ledger, both for payments and contracts.

Nevada Senate Bill 398 was filed yesterday and presented by Senator Ben Kieckhefer, who wants to create a legal level for the use of blockchain-based networks.

Notably, this bill will also stop local governments asking for taxes on the use of the distributed ledger or to require a special licensure in order to use it.

This new proposed bill explains:

“A local governmental entity shall not: Impose any tax or fee on the use of a blockchain or smart contract by any person or entity; Require any person or entity to obtain from the local governmental entity any certificate, license or permit to use a blockchain or smart contract; or Impose any other requirement relating to the use of a blockchain or smart contract by any person or entity.”

If this bill pass, its benefits won’t be applied only to these potential economic expenses.

Kieckhefer’s suggestion, in fact, will allow blockchain records to be used in proceedings, noting that “if a law requires a record to be in writing, submission of a blockchain which electronically contains the record satisfies the law”.

“A smart contract, record or signature may not be denied legal effect or enforceability solely because a blockchain was used to create, store or verify the smart contract, record or signature. In a proceeding, evidence of a smart contract, record or signature must not be excluded solely because a blockchain was used to create, store or verify the smart contract, record or signature,”the proposed bill states.

Last month a similar proposal was made in Arizona, or a further move to legitimize the use of blockchain distributed ledger; a previous effort was also proposed in Vermont back in 2016.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio