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FAQ – 2022

 

  • What is SoyaCoin and how does it work?
    SoyaCoin It is a stable cryptocurrency indexed to the value of the US dollar, backed by real estate funds, it was created to work as a universal payment instrument and storage system, protection and transfer of value.
    The platform is built on the leading Ethereum blockchain-based distributed computing platform leveraging the security and transparency it provides.
  • What are stablecoins, is SoyaCoin one?
    They are digital assets developed in a way that they maintain their value, that is, it represents a milder type of volatility seen in traditional currencies, we have SoyaCoin traded for 1 USD.
  • How is this done?
    Collateralized (or guaranteed) Stablecoins are pegged to other assets such as the US dollar, land, real estate, national currencies and commodities in two ways. Issuers maintain the value of the currency by holding the assets to which they are pegged.
  • Why are these coins popular?
    Stablecoins have the ability to be a bridge between two worlds, cryptocurrencies and traditional financials, this makes them useful as they can work as a way to guarantee gains from buying and selling or they can serve as a safe haven if investors feel that it is there is deceleration.
    In addition, they can also speed up speed and make purchases and money transfers cheaper, using Blockchain instead of traditional payment infrastructure.
    Collateralized (or guaranteed) Stablecoins are pegged to other assets such as the US dollar, land, real estate, national currencies and commodities in two ways. Issuers maintain the value of the currency by holding the assets to which they are pegged.
  • Is SoyaCoin mined?
    Yes, SoyaCoin is an ERC20 token that is mined by the Etherscan platform by Etherium miners.
  • What is the value of SoyaCoin?
    Each SoyaCoin value is valued at 1USD equivalent in certified land properties. The amount of SoyaCoin in circulation will be limited by the total value of assets that support it, ensuring its stable value in trade negotiations.
  • Why should I use SoyaCoin as a means of payment?
    In addition to being a safe way, the fees are minimal.
  • I created an account and didn’t receive the confirmation email?
    If you didn’t find it in your inbox, check your spam or junk mail box, if you still haven’t found it, send an email to our support [email protected]
  • How do I keep my account secure?
    Activate the two-factor security option (2FA) with Google Authenticator or Authy, we suggest that in addition to activating the second factor, you use a long password with a combination of characters, numbers and symbols to keep your account safe.
  • I lost my second factor authentication device how do i get it back to my wallet?
    You can ask Support to opt-out of second factor (2FA) via email [email protected]
  • How to change my data on the platform?
    Your data is non-transferable, once it has been approved, it cannot be changed.
  • I am not receiving a password recovery email, how do I proceed?
    Please check your spam or junk mail box in the intended email.
  • How to deposit on the platform?
    Log into your account, and click on “deposit” at the bottom of your wallet, then select the cryptocurrency you wish to deposit. Click to copy your SOYACOIN wallet deposit address and paste it in the address field on the platform you want to withdraw the cryptocurrency.
  • Requesting BTC/SOY/ETH withdrawal
    Log into your account, and click “withdraw” at the bottom of your wallet, then select the cryptocurrency you wish to withdraw. Next, enter the recipient’s address. Enter the withdrawal amount and you will be able to see the respective transaction fee, as well as the final amount you will receive. Click on “Withdraw” to proceed.
    Important: Your KYC must be complete to request withdrawals.
    Warning: If you enter the wrong information when performing the transfer, you will permanently lose your assets. Please make sure the information is correct before making the transfer.
  • What is the withdrawal deadline after my request?
    The deadline is 48 hours after the withdrawal request.
  • What is the minimum withdrawal amount?
    The minimum withdrawal amount is 10 Soya plus the payment fee.
  • What is the withdrawal limit?
    There is no maximum limit, you can request your entire balance whenever you want.
  • Can my transaction be canceled or reversed?
    No, we cannot cancel or reverse your transaction. Cryptocurrency transactions on the BTC and ETH networks are designed to be irreversible and we have no control over them, knowing this is extremely important to verify that the transaction details are correct before hitting send.
  • How do I look up my transaction history on Soya?
    Access the platform history by selecting the type of operation you want to check.
  • How to generate a receipt invoice?
    Log in to your account, click on “receive”, fill in the invoice description field and the amount you want to receive. Check the amount and proceed to the “generate invoice” button. Afterwards, copy the code for sharing, use the shortcut for WhatsApp available on the right side or even read QRCode.
  • How to export transaction history?
    Access your profile and download the available PDF with all the information.
  • Invoice payment
    Pay the invoice generated within SOYACOIN, using the “pay” button, then paste the payment request code or use the camera to scan the available QR Code, check the data and finalize the payment.
  • How to buy SOY currency?
    After entering the platform with Ethereum or Bitcoin, you will sell the asset to buy the SOY token.
  • Transaction fees:
    Fees are fixed and vary with each transaction.
     – Buy/sell fee, token exchange is 0.2%
     – Withdrawal fee of $10.00.
    The platform does not charge a deposit fee.
  • What is the minimum amount I can send on the platform?
    There is no minimum amount.
  • I expected to receive funds but did not receive them, how to check?
    Check the transaction hash with the sent asset’s network.
  • How to use Talk from the SoyaCoin platform?
    Create a room to chat with your friends without having to leave your operations, click on “create”, add a name to the conversation, and copy the room code to invite, this code is encrypted and only the one who enter with the same.
  • I didn’t clear my doubts through the questionnaire, how should I proceed?
    Access this link https://soya-coin.com/contact/ and send us an email with your question or request, it will be a pleasure to assist you.