Thank you Tempus for replying to me.
I might be lucky and hear from LykkeX - I see he/she is online.
From what others have said I understand that my two options are credit card (even though I object to the invasion of privacy when it is only a voucher) or bitcoin (but my experience so far is that it is not cheaper. The exchange I'm using is charging upto 5%)
But I wanted to be clear on the ability to transfer LKK from one Lykke wallet to another Lykke wallet because a friend who is also going to invest can probably buy more coins and send them to me afterwards.
However, if Lykke has a way that I can avoid the bureaucracy of the creditvoucher method perhaps I'll hear from LykkeX through here. I trust I am in the minority in objecting to the credit card procedure though, and won't cause anyone too much of a headache. Thank you Tempus for your optimism that I will hear something ASAP.
In general I'm looking forward to seeing what is ahead for the company into 2017 and to trying out the Lykke platform. I sincerely hope the spreads are competitive for FX and really bring disruption to what is a most inflexible market.
Have a great day everyone,
Bonne journée,
Hello all,
I came across this forum via a Google search and it seems to be much more active than Lykke support currently is.
I want to invest in some Lykke coins and give my support to the project but I am having difficulty in doing so. Credit card payments are not easy and straightforward as advertised on the site...you have to go via a third party to buy a USD voucher, and for a one-off purchase, this third party wants you to register an account with them, asking you for a username, password, full name, full address, verified email, verified mobile phone and date of birth. This is as much information as one would provide to Lykke and is more than some of my banking institutions have, but to simply purchase a USD voucher with your credit card that is immediately converted into Lykke coins anyway, I feel the process is excessive and intrusive and potentially discourages small investors who may not use BTC etc. I am certainly discouraged...
Lykke support mentioned to me when I wrote to them that they may be able to process a credit card transaction manually but there was no clarification about how to do this. I also had some trouble understanding the English clearly in the email.
I am aware that I can purchase in Bitcoin, but all of that is new to me. I looked at my local exchange and realized after looking through their FAQ's and how things worked that their spread was circa 5% - so in essence simply to buy 0.5 BTC for example I'd be looking at fees of about $15-$20 USD (depending on how I deposit funds to them) Way too high in my view and certainly doesn't give me confidence that cryptocurrency is bringing down transaction fees. Ridiculous.
In short, I am left with asking someone else to purchase Lykke for me. My questions to you are (specifically Lykke X who I note is a regular on here, and "tempus" who also helps out a lot) if it is possible at the moment to transfer lykke coins from one lykke wallet to another one. I don't see anything on the app or on the FAQ on the website that indicates this, but surely I'm wrong? LKK to LKK should be an instant transfer, cost-free right? With this confirmation I'll probably have a solution to this problem by asking a friend for a favor.
Alternatively, if there is a way before the deadline that I can pay by credit card without the excessive requirements of the "creditvoucher" company (who I've never heard of and wouldn't want to give so much information without assurances of exactly who they are and why they would need it to buy a voucher!) please do let me know. I'm totally new to bitcoin, the crypto world etc, but I agree with the idea of disruption in financial services! Thus far though I don't see any barriers coming down at all - in fact, this "simple" credit card transaction has been harder than at any point for me in the last 15 years.
Look forward to a response. Thanks.
Hi netbox!
I've copied your post in the Lykke-Slack because I don't want to give you answer that might be not totally correct. I personally have no experience with Credit Card etc. but I have no doubt that they'll find a good way for you to purchase LKK before the end of the ICO.
What I already can say is: Yes it's possible to transfer LKK (Wallet: LYKKE --> Withdrawal --> Address (or QR-Code) --> Proceed --> Amount --> Proceed = transaction is sent)
As soon as there is answer I (or LykkeX) will let you know.
What you also could do is to join this channel:
https://telegram.me/joinchat/AEGiqkF-_dNaHMwQbRSnAgIt's open for everyone and especially Sergey Ivliev (one of the founders/core-team) is often on and provides answers to questions.
