Finrax is a cryptocurrency PSP designed to facilitate payments in cryptocurrencies to client trading accounts in FIAT currency.
Currently Finrax is enabled for USD currency only.
Finrax can accept payments in popular cryptos such as BTC, ETH, LITE, XRP and more.
Mining Fees are passed onto clients, the amount that is posted to the account after the fees will be automatically allocated to the clients trading account.
1. Log into the client portal: https://secure.globalprime.com/AccountGP
2. Select Finrax
3. Input the deposit amount you wish to fund, bearing in mind the mining fees that will affect this amount.
4. A window that connects to Finrax's infrastructure will appear. Select the crypto funding method that you wish to opt for and confirm the choice.
5. Another window will open with with a QR code and wallet address, follow the prompts to transact with your cryptocurrency of choice. You will have 30 mins to complete the transaction.
6. Upon successful payment the transaction will complete and the funds will be posted to your trading account.