What is Vicuta floor? Vicuta Floor User Manual (2022)
Description of What is Vicuta floor? Vicuta Floor User Manual (2022)What is Vicuta? Vicuta is a Vietnamese exchange that supports buying and selling many types of altcoins at low cost, but the KYC requirements are quite complicated.
For traders, finding a reputable exchange to buy and sell Crypto in VND helps you feel more secure in investment deals. There are many exchanges that support traders to buy and sell Crypto directly with VND in Vietnam, but which one is right for you?
Vicuta is an exchange that supports a lot of Crypto coins but how is it different from the rest? How to use the functions on the Vicuta floor? Let's find out through today's article.
What is Vicuta floor?
Vicuta exchange is a cryptocurrency exchange based in Ho Chi Minh, Vietnam. The exchange was established with the desire to become a bridge between investors and cryptocurrencies closer together.
Vicuta exchange supports buying and selling more than 300 different altcoins in the market. Including typical top coins such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dash (DASH), Ripple (XRP), ... and more than 200 other Crypto coins.
Currently, the exchange is supporting 5 banks: Vietcombank, A Chau Bank, Techcombank, Vietinbank and BIDV.
Vicuta floor review
Advantages
- Support for many Crypto coins : The list of exchange coins has up to 309 Crypto coins to help you buy/sell Crypto directly with VND without the need for an intermediary Crypto coin.
- Vietnam Exchange : Vicuta Exchange is a Vietnamese exchange. Therefore, the floor can support you with all your questions and problems without the language barrier.
- Cost savings : Trading on Vicuta does not charge hidden transaction fees like some other exchanges. The amount or the amount of coins you receive after buying/selling will be the same as the amount displayed on the announced order. The transaction cost is a mandatory cost of the platform, not the transaction fee from Vicuta.
Defect
- Must KYC to trade : When you complete the account creation, you still can't trade right away. Verification steps must be taken to trade Crypto on Vicuta.
- Complex KYC : To perform KYC, you need to compose an email to the exchange. Then the floor will contact you directly by video calling to verify your identity.
- Low and limited transaction limit : The maximum transaction limit of Vicuta is 300,00,000 VND after identity verification is complete. To trade with a larger amount, you must contact the exchange for support.
- Not many system upgrades : From its inception to the present, Vicuta floor has had very few changes in interface and features. Besides, I have not seen an app development platform on Android and iOS operating systems.
- Limited banking support : Vicuta exchange only allows Crypto trading on 5 banks including: Vietcombank, A Chau Bank, Techcombank, Vietinbank and BIDV.
Vicuta Floor User Manual
About the Vicuta . floor interface
After logging in, Vicuta's homepage appears with a chart showing the day's market capitalization in the middle of the page. Besides, the ranking of Crypto coins increases/decreases according to your preferences.
- [1]: The chart shows the total market capitalization of the day.
- [2]: Ranking coins up or down (depending on how you choose to rank).
- [3]: Buy/Sell: Trading site with Crypto coins.
- [4]: Instructions: Instructions for using security services, Crypto transactions.
Preparation before registering a Vicuta exchange account
You need to prepare some of the following information and documents: ID card, Email, commonly used phone number and Google Authentication App .
Register for a trading account on Vicuta
Please log in to the link https://vicuta.com/signup to register an account.
Fill out the following information:
- Full name.
- Email.
- Password.
Then, click on the box “ I agree…. " to register.
KYC Identity Verification
Verifying KYC identity at Vicuta exchange requires 3 steps: Email verification, Phone number verification and finally Identity verification.
This verification helps you secure your account and upgrade your transaction level.
1. Email verification
After logging in, you will be redirected to the personal account interface. Confirm email by clicking “ Verify Email ”.
Then, click on the “ Send Activation Code ” button .
You copy the code sent to your email inbox and paste it into the box “ Email confirmation code ” → Click “ Activation confirmation ” to complete the process.
2. Verify phone number
Also in the same interface as email verification, you choose to verify the phone number.
Select country code: Vietnam (+84).
Enter the phone number and then press “ Send confirmation code ” → Enter the code in the box and the link is complete.
Note:
- If you click send code but do not receive, you have to wait 1 hour to receive the next code.
- After linking your account, you cannot arbitrarily change your phone number. If you want to fix it, you need to contact the floor for support.
3. Identity Verification
Step 1: Fill in your personal information.
- Full name (*).
- Address (*).
- Postal code.
- City (*).
- Date of birth (*).
- ID/Passport number (*).
- Issued by (*).
- Date Range (*).
- Link Facebook.
Items marked with an asterisk (*) are required.
Then, click “ Add more information ”.
Step 2: Send email to Vicuta floor.
You need to prepare some pictures and information including:
- Photo of 2 sides of ID card or Passport.
- 1 selfie photo taken while holding ID card/Passport and 1 piece of paper with the content "VICUTA day/month/year". For example: VICUTA September 30, 2019.
- Personal Facebook link / Skype / Zalo account (required 1 out of 3).
When you're ready, send an email to support@vicuta.com .
Format the email as follows:
Subject: Requires identity verification for account... [Your email name].
Email content:
- Full name: ...
- Date of birth: .. /.. /....
- Address:
- Postal code (if any):
- City:
- Nation:
- ID/Passport number:
- Issued by:
- Date Range: .. /.. /….
- Link Facebook / Zalo / Skype:
Then you download the attached photo to the email.
Vicuta floor will contact you through Facebook / Zalo / Skype to verify information and call " Video Call " to verify identity.
Note: Remember to send the correct information in the correct format for verification. Cases of incorrect information or incorrect format are not accepted.
Step 3: Enable 2-step security 2FA
Go to the Account Security page to enable 2FA 2-step security.
You open Google Authentication to scan the QR code and then enter the code in the Auth Code box.
Click on the “ Enable feature ” box to finish.
Note: 2FA 2-layer security is very important, you should save the Secret Key for timely back-up when problems occur.
Step 4: Enter payment method (VND bank account)
You enter your bank account at the same time when buying or selling Crypto. The information includes the bank name, account holder name and account number.
Transfer money to Vicuta
Because Vicuta does not have a wallet, you do not need to deposit money to the exchange to trade.
The fiat payment will be done during the transaction.
Instructions to buy BTC & Altcoins on Vicuta
Click buy to navigate to the trading interface.
Vicuta floor has 306 Crypto coins, to quickly find the Crypto you want to trade, click on the magnifying glass icon and enter the name of the Crypto coin.
After creating an account, your trading level is zero. To buy or sell Crypto on the Vicuta exchange, you must confirm your email and upgrade your trading level by verifying your phone number, KYC.
After finding the BTC transaction box, click buy to go to the transaction page.
Step 1: You enter information to buy BTC according to the following item:
- Quantity: The amount of BTC you need to buy.
- Address: Your BTC wallet (Can be your personal wallet or the exchange BTC wallet you are trading).
- Choose a bank: Vicuta exchange currently supports 5 bank transactions.
- Branch: Not required, so you can fill it out or not.
- Account holder name: Bank account name. This name must match the account name being traded on the Vicuta exchange. If the information does not match, your transaction will not be accepted.
- Account number: Your bank account number.
You enter the amount of BTC to buy, then enter the BTC wallet address (can be a personal BTC wallet or the exchange's BTC wallet).
Then enter important information such as: Select bank, branch (optional), account holder name and account number.
In the next column is some information:
- BTC buying rate.
- 24h Change: Percentage change in real time.
- Transaction fee: This is the transaction fee to buy your BTC.
- Total amount you pay: Including BTC purchase + transaction fee.
Click “ I commit… ” and “ Confirm ” to move on to the next step.
Step 2: Transfer money to complete the purchase.
You transfer money according to the information that appears in the table. You need to pay attention to pass the correct information. Pay special attention to the account name, account number, transfer content and amount to be transferred.
After the transfer is complete, remember to take a photo of the transfer receipt in case something goes wrong.
Click “ Confirm Transfer ” to complete the purchase.
Instructions for selling BTC & Altcoins on Vicuta
Step 1: Similar to buying BTC, you enter all the information including:
- Quantity: The amount of BTC you want to sell.
- Address: Your BTC wallet address.
- Select a bank.
- Banker's name.
- Account number.
On the right hand side is also a column of price information that changes in real time:
- Selling rate.
- 24 hour change.
- Transaction fee.
- Total amount you receive: The amount collected after selling BTC.
Select “ Confirm ” to go to the next step.
Note: With a buy transaction, you must sell at least 0.00265848 BTC.
Step 2: Transfer Crypto to complete the transaction.
You perform the token transfer to the address provided in the frame and transaction time within a maximum of 15 minutes.
Instructions for Depositing/Withdrawing Crypto from Vicuta
Because Vicuta exchange does not have its own wallet, when buying/selling transactions on the exchange, you will trade directly from your personal wallet.
Experience using other features on Vicuta
How to trade margin on Vicuta
Vicuta Exchange does not have Margin Trading. If you want to experience this transaction, you can join Binance, BitMax...
How to use stop-limit function on Vicuta
Vicuta floor does not have Stop-limit function.
How to use API key on Vicuta
Vicuta exchange does not support API Key .
How to get ref link to introduce Vicuta
Vicuta exchange does not build an affiliate commission program. So there is no ref link for you to refer friends to receive more passive income.
In contrast, other exchanges like Remitano, Aliniex, T-Rex, ... you can get the referral ref link.
How to handle the problem when losing 2FA on Vicuta
If you have a Secret Key storage, back-up data will be much simpler. Especially in the case of 2FA loss.
If you can't handle it, you should immediately contact the user support department on the Vicuta floor to turn off the Google Authentication function and reinstall it.
How to contact Vicuta . support
To connect with Vicuta floor, you can chat directly at the chatbox in the right corner of the screen. This is a quick and convenient way for you.
Or, you can message the floor through the Vicuta floor fanpage https://fb.me/vicutacom/ .
You can also send an email to support@vicuta.com to ask the floor to solve the problems you are facing.
Vicuta exchange also has a built-in telegram channel with more than 330 members. However, this channel is only used to announce information.
Frequently asked questions when trading coins on Vicuta
Should you trade on Vicuta?
Vicuta offers a wide variety of Crypto coins from the market. You can also easily buy and sell Crypto with VND and the amount of Crypto after the transaction is transferred directly to your wallet address.
This helps you reduce transaction costs, intermediate conversion between top coins and new tokens.
Is Vicuta floor safe and reputable?
Vicuta exchange does not publish much information about the floor. However, since the floor was launched until now, there has not been any information that the exchange is fraudulent or fraudulent.
How much is the transaction fee on Vicuta?
Unlike other exchanges, Vicuta does not have its own wallet. So the transaction fee for each buy/sell order is different.
You need to pay attention to 3 typical fees on Vicuta floor:
- Bank transfer fee: An additional fee for each sale transaction. The amount depends on the value of the order and the bank you use to transact.
- TxFee coin transfer fee: An additional fee charged when sending coins from one wallet to another. The fee depends on the Crypto currency you transact.
- Refund / coin refund fee: This fee is deducted from the amount you send to the exchange or deducted from the amount of coins sent when the exchange executes the refund order.
Has Vicuta been hacked yet?
Up to this point, there has been no information about the Vicuta exchange being hacked.
How much is the deposit/withdrawal fee on Vicuta?
Since Vicuta does not have a wallet, there is no deposit/withdrawal fee.
Are Vicuta floors prone to maintenance failures?
In early 2018, the Vicuta floor regularly announced maintenance, upgrades and locked the trading function, causing many traders to struggle when the price fluctuates.
Currently, this situation has been overcome and gradually reduced to help you experience better.
Is Vicuta a scam?
According to my research, there is no news about Vicuta defrauding users' assets. You can safely trade on Vicuta floor.
What is Vicuta wallet address?
Vicuta does not have an exchange wallet address.
Which country's Vicuta floor?
Vicuta exchange is a Vietnamese exchange, headquartered in Ho Chi Minh City.
What is Vicuta exchange coin?
Vicuta has no exchange coins.
Do I need KYC to withdraw money from Vicuta?
Because Vicuta does not have a wallet, you trade on your own wallet.
However, to be able to trade and upgrade the trading level, you need to perform KYC.
Does Vicuta exchange support Vietnam?
Vicuta floor is a Vietnamese exchange, so it will definitely support Vietnamese brothers 100%.
What is the deposit and withdrawal limit on Vicuta?
Vicuta exchange has no deposit and withdrawal limit, but has a daily transaction limit.
For those who have just set up an account, the transaction limit is 0 VND/day.
Having participated in email confirmation, you are raised to 1,200,000 VND/day.
Verify phone number, transaction limit is 2,500,000 VND/day.
After completing KYC, you will receive a maximum transaction of 300,000,000 VND/day.
If you need to trade with a larger amount on Vicuta, please contact customer service for assistance.
Does Vicuta have an app on Android and iOS?
Vicuta floor does not build and develop apps on Android and iOS.
Which trading markets does Vicuta support?
Currently, Vicuta exchange only supports traders to trade Crypto with fiat money (VND) through Vietnamese banks.
summary
The Vicuta exchange from its launch to the present has not changed much in terms of interface as well as trading features.
I hope in the future Vicuta floor will have more specific development roadmaps to improve the value and trading experience for you.
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