AI Summary
This video provides a comprehensive, step-by-step guide to using RedotPay, a platform that offers a Visa card for converting cryptocurrencies into spendable fiat currency. The tutorial covers account registration, identity verification, depositing funds via USDT, ordering virtual and physical cards, and using the card for purchases and ATM withdrawals.
Chapters
RedotPay is a platform that provides a Visa card allowing users to convert cryptocurrencies into real dollars for online purchases, photocopying, or ATM withdrawals, eliminating the need for intermediaries.
To register, click the link in the description, enter your email, receive a code, and enter it. You'll get a $5 gift. Then download the app for Android or iPhone.
After downloading, log in with your email and password. Change the app language to Arabic (or your preferred language) via Settings > Language.
Account features are locked until identity verification is completed. Verification requires linking a phone number and uploading ID documents.
Link your phone number to increase security. Optionally enable two-step verification using Google Authenticator, SMS, or biometrics.
Select nationality, enter personal details (name, DOB, ID type), upload ID (passport, national ID, or driver's license) and take a selfie. Verification takes 24-48 hours.
RedotPay offers two card types: virtual ($10, instant) and physical ($100, 1-2 weeks delivery). Virtual is for online purchases; physical allows ATM withdrawals.
Deposit USDT or USDC via wallet address or Binance Pay. Choose the network carefully (recommended: BNB) to avoid losing funds. Binance Pay is faster and more secure but has a 1% fee.
After purchasing a card, use the card details (number, expiry, CVV) for online purchases or add to Apple Pay/Google Pay. ATM withdrawals cost ~2%, purchases cost 1%.
RedotPay simplifies crypto-to-fiat conversion with a user-friendly app and Visa cards. The tutorial emphasizes security (verification, two-step) and cost-efficiency (choosing BNB network, using Binance Pay) to maximize benefits.
Mentioned in this Video
Tutorial Checklist
Study Flashcards (8)
What is RedotPay?
easy
Click to reveal answer
What is RedotPay?
A platform that provides a Visa card to convert cryptocurrencies into real dollars for online purchases, photocopying, or ATM withdrawals.
00:01
How much gift do you receive upon registration?
easy
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How much gift do you receive upon registration?
Approximately $5.
00:46
What are the two types of Visa cards offered by RedotPay?
medium
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What are the two types of Visa cards offered by RedotPay?
Virtual and physical. Virtual costs $10 and is instant; physical costs $100 and takes 1-2 weeks.
05:47
Why is identity verification important?
easy
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Why is identity verification important?
It unlocks all account features and provides greater security.
02:31
What are the recommended networks for depositing USDT?
medium
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What are the recommended networks for depositing USDT?
BNB network is recommended due to zero withdrawal fees, $10 minimum, and 2-minute delivery.
08:52
What is the fee for ATM withdrawals with the physical card?
medium
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What is the fee for ATM withdrawals with the physical card?
Approximately 2% of the withdrawn amount.
14:20
What is the fee for purchases with the card?
medium
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What is the fee for purchases with the card?
1% of the transaction amount.
14:36
How long does identity verification usually take?
medium
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How long does identity verification usually take?
24 to 48 hours, but sometimes within minutes.
05:18
💡 Key Takeaways
Crypto-to-fiat Visa card
Introduces a practical solution for spending crypto in daily life.
00:01Verification unlocks features
Emphasizes the importance of KYC for full functionality.
02:31BNB network is best
Provides a cost-effective and fast deposit method.
08:52Binance Pay for easy deposits
Offers a simpler and more secure alternative to manual transfers.
11:27Card usage fees
Clarifies the cost structure for users.
14:20Full Transcript
[00:01] paying and purchasing using cryptocurrencies on your phone from A to Z. Red Dot Pay is a platform that provides you with a Visa card that allows you to convert your cryptocurrencies into real dollars and use them for online purchases, photocopying, or even withdrawals from ATMs. In short, it's a
[00:16] photocopying, or even withdrawals from ATMs. In short, it's a get from your bank and use for all your daily transactions. The only difference is that you load this Visa card with cryptocurrencies and use it to pay
[00:30] anywhere. In other words, you won't need to deal with B2B or any other annoying intermediaries to convert your cryptocurrencies to cash. In this video, we'll talk in detail about everything from registration and account verification to how to deposit, order the card, load it, and even the
[00:46] transaction fees. So get your phone ready, and let's get started! The first thing we'll talk about is registering or creating an account on the platform. Red DotPa is very easy. All you have to do is register and download the app from the link in the video description below. You'll receive approximately $5 as a gift. Click the
[01:01] link in the video description, and this page will open. Enter your email address here and click " Get Code" or "Get Code." You'll receive a message in the email address you entered here containing a code. Enter the code or verification code here and click here. That's it, you've
[01:17] here and click here. That's it, you've registered and received $5. Then click here to download registered and received $5. Then click here to download the app for either Android or iPhone. After downloading the app, open it and click here to log in. Enter the email address you
[01:30] used to register earlier and click "Next." This page will appear where you'll enter your password twice and click here. You'll then receive a verification code on
[01:42] your mobile phone or email. Enter this code here and click here. That's it, you've registered and logged in to your account. This page will appear if you click here. It will take you This page will appear if you click here. It will take you directly to the account verification stage, but I recommend
[01:57] you go back first and follow along with me to change the application language to Arabic so we can complete the remaining steps together and explain everything in Arabic. Click on the icon above here (the one that looks like a man). This page will appear, so go directly to Settings, then click here
[02:14] on Language and choose Arabic. After that, go back two steps to your account page and click here to verify your account with your ID card. You can do the identity verification or account verification step here, or you can go completely back to the main page
[02:31] and do the identity verification step here, as you can see. Keep in mind that the account will not function with all its features until you verify your identity first. The verification process is very important and provides greater
[02:43] you verify your identity first. The verification process is very important and provides greater security for the account. But before verification, we must link [the account/device/etc.]. The account is linked to your phone number because the app won't verify your account or authenticate your identity until it's linked to a phone number. Click here, and this page will appear where you'll
[02:59] enter your phone number. Then click " Next." You'll receive a notification asking if the verification code will be sent to you via WhatsApp or SMS. Choose whichever you prefer; I'll choose SMS and wait for the code. As soon as it arrives, I'll add it here.
[03:15] This way, you've added your phone number, and the account's security level is higher than before. However, I recommend further increasing security later and using a security key like facial recognition, fingerprint scanning, or Google Authenticator. After that, you can verify your account to use all the
[03:32] app's features. Go back to the main page and click "Verify" again. This page will appear where you'll select your nationality and click " Next." The personal information page will appear, where you'll add all your details, such as your legal name
[03:46] and name. Your father's name, the last name on your ID card or passport, your date of birth, and the type of document you'll use to verify your account (passport, national ID card, or driver's license). Enter its number here and click "Next."
[04:03] This page will appear; click "Verify Identity." This interface will appear, outlining the remaining steps to verify your identity, such as your profile details (which we've already completed). The only remaining step is to upload your
[04:15] profile details (which we've already completed). The only remaining step is to upload your passport (depending on your selection in the previous step) and a selfie taken directly within the app. This is to match it with the ID you entered.
[04:31] Continue the remaining steps and click "Continue." This page will appear, where you'll select the type of ID you chose and entered the details for. Choose "National ID Card," and the camera Choose "National ID Card," and the camera will open immediately. I'll take a picture of the card, front and back. I'll take a picture of the
[04:46] will open immediately. I'll take a picture of the card, front and back. I'll take a picture of the
[05:02] verify your account. Keep in mind that all the information must be correct for the verification process to complete. If you enter false information, the verification won't be completed, and your account could be suspended. The verification process and document review usually take about 24
[05:18] to 48 hours for approval, but sometimes it's completed within minutes. I want to advise you again to protect your accounts by using two-step verification. This is a very important step to protect your account from any hacking. All you have to do is activate this feature
[05:35] using Google Authenticator, SMS messages, or a security key like a fingerprint. Your face or fingerprint will be scanned, and your account will be ready and completely secure. Now we come to the most important point:
[05:47] ordering a Visa card from Red.Pay. But before I explain, I advise you to subscribe to the channel to see upcoming videos and previous ones. Also, like and comment on the video so it reaches as many people as possible and everyone can benefit. I also
[06:02] want to inform my followers that you can now purchase my book on technical analysis for learning to trade from scratch to professional level from the link in the video description below. Look, my friend, the Red.Pay platform offers two types of Visa cards: virtual and physical. The
[06:17] physical Visa is the tangible card, like your bank card. The first card, the virtual Visa, is issued immediately after you pay the fee of just $10. This is ideal for online purchases or for linking it to PayPal and Google Pay. After linking it,
[06:32] you can use it to pay with PayPal or Google Pay. I personally use it everywhere. As for the physical Visa card, it costs $100 and takes one to two weeks to arrive at your doorstep. It has all the features of a
[06:45] physical Visa card, plus you can use it to withdraw cash from ATMs. To order a Visa card, all you have to do is go to the cards section below, choose the type of card you want, click here, and pay
[07:01] the fees from your balance. Since your account doesn't have enough funds, you'll need to make a deposit. To make a deposit, go to the DotPay app homepage here. This page will appear, showing you the deposit, withdrawal, and transfer options.
[07:16] Below, you'll find the cryptocurrencies you can deposit into on DotPay: USDT and USDC. These are stable cryptocurrencies that are worth $1. We'll mostly use them in the app and on the Visa card we'll create. You'll also find
[07:31] Bitcoin and Ethereum, but we only want to use USDT and USDDC for deposits. You'll deposit into the Red DotPay app according to the stablecoin you have on your trading platform. If you have USDT or USDDC on your platform, the
[07:47] deposit method is similar for all currencies. Let's, for example, deposit USDT. To deposit USDT, you can click on USDT here and then deposit here, or directly from the homepage,
[08:03] click on the deposit button here and then choose the currency you want to deposit. I'll choose USDT as I mentioned. This page will appear, showing that I can deposit into the Red DotPay app in two ways. The first way is to use my
[08:19] USDT wallet address. The first method for depositing USDT is using Visa, and the second is using Binance Pay. I will explain both methods, and you can choose the one that best suits your needs in terms of time and deposit fees. If you choose the first method, click here, and then select the network you will send the funds to
[08:36] from your trading platform. Pay close attention here because any mistake could result in the loss of your money. As you can see, several networks are listed here for depositing USDT: Visa, Red DotPay, etc. However, each network differs
[08:52] in withdrawal fees, processing time, and minimum withdrawal amounts from your platform. From my experience, I can tell you that BNP Paribas is the best of them all, and you
[09:04] will see this when we transfer funds together. Select BNP Paribas, and this page will appear with the deposit address, which is where you will transfer your USDT. The Q The R code for the deposit address is here, as you can see. You can also
[09:19] download the QR code and use it as well. In short, you can use either the deposit address or the QR code. If you're using the deposit address, copy it directly by clicking here. Then go to the trading platform you're using. In my case, I'll go to
[09:34] Binance, as it's the platform I use. If you don't have a Binance account, you can register using the link below in the video description, and you'll get a 20% lifetime discount on platform fees. After opening the Binance app, go to your wallet and then
[09:50] look for USDT, as that's the currency you want to deposit into your Visa.Pay account. Click on it, and this page will appear. Click on the "Withdraw" button below here, because you'll be withdrawing USDT from the Binance platform and making a deposit. To deposit funds on the Red
[10:07] DotPay app, pay close attention. You'll be making a deposit on Red DotPay, but you 'll withdraw the funds from the platform you're using. Okay, so after you click on "Withdraw," click on "Send via the LAT Cryptocurrency Network." This page will appear with three fields. In the first
[10:23] field, enter the deposit address we copied from the Red DotPay app. You can also scan the QR code if you downloaded it from here. In the second field, choose the network you'll use for withdrawal. It must be the same network you selected
[10:39] on Red DotPay, otherwise your funds will be lost. Click here and select the BNP network, just as we did on Red DotPay. This is because the deposit address and the network we'll use must be identical on both Red DotPay and the
[10:56] Binance app. As you can see... Here, the BNP network has zero withdrawal fees, a minimum withdrawal of $10 USD, and a delivery time of two minutes. Compared to other networks, BNP is the best. The BNP network is Binance, so we'll select the BNP network. Then,
[11:12] in the third field, we'll enter the withdrawal amount we want to withdraw from the Binance platform and deposit it into our Red DotPay Visa card. After that, we'll click " Withdraw" and confirm the withdrawal. Within five minutes at most, the money you withdrew will be in your Red DotPay account. The second deposit method
[11:27] in your Red DotPay account. The second deposit method is via Binance Pay, which is much easier and more secure. is via Binance Pay, which is much easier and more secure. All you have to do is click "Binance Pay" within the Red DotPay app and enter the amount you want to
[11:40] deposit. For example, I'll enter $10. Then, click "Top up your balance now," and as soon as you click, the Binance app will automatically open. The page Binance app will automatically open. The page for sending the $10 to your Red.Pay account
[11:55] is simple. All you have to do is click " Confirm," and in moments the money will be credited Confirm," and in moments the money will be credited to your Red.Pay account. However, you'll be charged 10 cents for every $10 you deposit. Honestly, it's worth it because it's faster and more secure, especially
[12:10] if you're using Binance. BinancePay can only be used for deposits; you can't use it to withdraw funds or transfer them to your trading platform. If you want to withdraw funds from Red.Pay to Binance or your trading platform, you'll need to use the
[12:26] first method I explained earlier, but reverse the process. After making the deposit, all that's left is to buy a virtual or physical Visa card. Go to the " Cards" section in the Red.Pay app (link below) to purchase a Visa card. You'll find
[12:40] the virtual card, which costs $10. Once you buy it... You can get it instantly, or you can buy the physical card, which costs $100 and takes about two weeks to arrive at your door. Of course, you'll need to make a $100 deposit,
[12:56] not $10 like I did. Actually, I'm currently using the virtual card, not the physical one, because I don't need to withdraw cash. I use the virtual card for online purchases and have added it to Apple Pay to pay online or offline in
[13:10] stores, cafes, or restaurants. If you don't have an iPhone, you can add it to Google Play, if it's available in your country. If Google Play isn't available and you don't have an iPhone, or if you need to withdraw cash, then ordering the physical card will be much better for you. Whichever
[13:24] card you buy, all you have to do is click here to buy the virtual Visa card or here to buy the physical Visa card. For example, if I want to order a virtual Visa card, I'll click here, then click on "Pay," and immediately the $10 will be deducted from my account.
[13:37] The card will then be ready to use. To use the RedoatPay Visa, all you need to do is use your contact information, which you can find by clicking on the eye icon here. This information includes your card number, expiry date, and CVV code. These are the same contact
[13:51] numbers you'll need to add your card to Apple Pay or Google Pay, and the same ones you'll need if you're buying something online, or even if you're buying my book. That's it! You now have a virtual card that's working and ready to use. All you have to do is deposit funds into your account,
[14:06] as I showed you earlier, and then use it for purchases. My advice here is not to put more money in your account than you'll actually use, because it's not a bank for hoarding. You understand what I mean? Just enter the amount you're going to spend, whether it's $100,
[14:20] $1000, or $100,000, depending on your preference and how much you'll be spending. Also, keep in mind that there are fees associated with using your card. For example, if you use your physical card to withdraw cash from an ATM, you'll pay approximately 2% of the withdrawn amount. When you pay with a
[14:36] virtual or regular card, or make a purchase, they take 1% of the transaction itself. That's it. they take 1% of the transaction itself. That's it.