Who are we?

EuroChainBit is a UK-based crypto-payment clearing services firm with a global focus and an international client base throughout North and South America, Europe, Africa, Asia, and Oceania.

We maintain an affiliate office in Singapore and a representative office in London.

EuroChainBit specializes in complex cryptocurrency clearing scenarios involving authorized wallet-not-present transactions.

What is our mission?

• To provide consumers who did not receive the goods or services they contracted with the most effective fund clearing strategies
• To provide easy user-friendly way of exchanging messages with liquidity providers and automated market makers in order to facilitate any digital-asset transactions on the request of the customer.
• Our mission statement is “We settle your transactions and help you remove your wrongfully used data from the BlockChain platforms".

What is Automated Market Maker?

Automated market makers (AMMs) are part of the decentralized finance (DeFi) ecosystem. They allow digital assets to be traded in a permissionless and automatic way by using liquidity pools rather than a traditional market of buyers and sellers. AMM users supply liquidity pools with crypto tokens, whose prices are determined by a constant mathematical formula. Liquidity pools can be optimized for different purposes and are proving to be an important instrument in the DeFi ecosystem.

What is Liquidity Provider?

A liquidity provider, also known as a market maker, is someone who provides their crypto assets to a platform to help with decentralization of trading. In return they are rewarded with fees generated by trades on that platform, which can be thought of as a form of passive income.

What Cleared Funds means in crypto?

Cleared funds are money that has been fully transferred from one account to another, for example after depositing a check. Cleared fund are available for immediate withdrawal or use. Payments and money transfers take time to clear, especially if the originator uses a different liquidity provider than the receiver of the funds.

What payment clearing process means?

It is the process of transmitting, reconciling and, in some cases, confirming transfer orders prior to settlement, potentially including the netting of orders and the establishment of final positions for settlement. Sometimes this term is also used (imprecisely) to cover settlement.

How do we begin?

Assemble Your Documentation

We are a leading firm in providing quality and value to our customers.

Each member of our team has at least 5 years of legal experience.

Answer the Questions Fully

Our company can craft an effective strategy only if we are provided with accurate information. Before we begin, therefore, we will provide you with a questionnaire.

Answer the questions as accurately as possible. With your cooperation, we will then prepare the best possible clearing options for you.

Respond Quickly

You cannot initiate a clearing of your digital assets forever. There are various deadlines and time frames that are non-negotiable.

Keep in mind that the clearing process can extend over several months.

For that reason, it’s in your best interest to file your evidence as quickly as possible after you made the transaction, and thereafter to promptly respond to communication from us or your liquidity provider.