3 Mar 2013 February Updates

Dear friends,

we can't wait to tell you about the updates we have been working on since February.

Well, first of all, we are introducing four new payment systems, that are: Yandex Money, Payweb, Visa, and MasterCard. Now the users of these payment systems are welcome to choose them as funding sources when buying other electronic currencies.

As usual, exchange between electronic currencies is processed in fully automatic mode (unlike the operator-managed transfers that involve bank accounts).

Please note that we only accept payments from verified Yandex Money accounts. To receive a transfer from us, you do not need to be verified.

As for Visa and MasterCard transfers, they are only possible with the cards of Classic / Standard levels and higher (not the Visa Electron or Maestro cards). Payment systems' own cards, as well as virtual cards, cannot be replenished.

In the end of February, we had to suspend working with EuroGoldCash due to the incorrect functioning of their website. Also, we stopped working with the People's Bank of Kazakhstan due to new limitations on their behalf.

A new feature has been introduced: the currency reserve notification system is now completely automated.

Some more interesting updates are coming shortly, keep following the news.

Thank you for using Magnetic Exchange!

Sincerely,
Magnetic Exchange team.