everVision's veteran product, everPay, is receiving an exciting new functionality: they will offer the capacity to buy crypto with dollars and with other six different fiat currencies, including pounds and Euro.
Without further ado, let's dive into a mini tutorial on how to use fiat on everPay:
First, choose to connect with ArConnect.
After you choose which network and wallet you want to connect with and connect you'll be prompted with this disclaimer:
Basically, it brings you up to speed that after you check the boxes and press "continue" you're on the realm of Legend Trading and everPay has nothing to do with what will happen there. So, two boxes checked and one button pressed later, you'll encounter this view:
The whole bar is one giant button you have to press. As you can see, for now, you can buy only USDC. One giant button pressed and you'll encounter this view:
If you want to opt for SEPA or another type of direct bank transfer, our ways are parting here because I went for the debit card route. As any degen, I'm aping for instant resolution than for the lowest fee...
And boom the next view after you choose the debit card route will put you in the face of an almost philosophical question: "How much" will it be? Please note that this is the moment when you can opt for the currency with which you want to buy USDC. Also, keep in mind that the minimum amount for a purchase is 50 $ or 40 Euro.
The next field will ask for your email.
Introduce a "valid" email address and you'll receive a six-digit code on your email. After you've completed the email authentication, you'll have to stay put for a number of views that will ask for your KYC details (I won't put print screens for all the views because they are pretty straight-forward and I don't want to transform this part into an illustration book):
KYC step 1: fields for name and DOB (date of birth).
In between these two steps, there is an intermediary view that looks like this:
I suppose it is meant for you to double-check some details, like is the wallet the one you wanted to link with Legend?
KYC step 2: Phone number (followed by a field where you have to introduce a six-digit code you received via SMS in order to complete the phone verification sequence)
KYC step 3: a short survey that will ask for stuff like the source of income, etc.
KYC step 4: ID verification; it will ask for a picture of your ID document and your face. Those two pictures should be made on the spot.
Somewhere around here, you will be asked to input the information from your credit card.
As a personal note, the process of ID verification was quick, like very quick. One or two minutes tops. I don't know if you would also, anyway, I was promoted directly into this view:
This, from what I understood, is the view branded as "Deposit" and it has to do with bank account operations, so instead of going for any of these two options, push the black square from the upper right corner that will open a menu looking like this:
Once you end up here, push the "trade" option", and you should be promoted to this view:
Push "buy", and it gets you to an almost identical view that we encountered before:
However, this time is for real. You are that close to buying USDC with fiat. One more view where please be aware that there is a check box somewhere at the bottom of the page (I didn't see it the first time, and I was just pushing an inactive "confirm" button like a monkey)
As you can see, for 50 $ you'll receive around 46 USDC. Again, I have to remind you that I went for the debit card purchase. If I would have tried SEPA the fee would have been substantially lower. So yeah, keep in mind. if you are a whale and want to spend big, go for the SEPA transaction, you'll wait probably a working day, but you'll save a lot.
Aaaand finally, here you have it. The first ever documented purchase of crypto with fiat on everPay.