Introducing KinkCoins. Our New Way to Pay!

By Admin Team 215240 views 26th Nov 2021

KinkCoins

You may have seen our updates on the dashboard talking about introducing our own type of currency to solve some of the issues our members are facing. So we thought we’d write a blog post to explain a little more…

What are KinkCoins?

KinkCoins are a new, completely optional, form of currency introduced by us, to allow transactions to be processed right here. KinkCoins can be used to pay, tip/gift members, unlock exclusive content & much more.

Each coin represents a monetary value of 10c USD. E.g. 10 KinkCoins equal $1 USD, 100 KinkCoins equal $10 USD.

So Why Have We Introduced KinkCoins?

Safety & anonymity are imperative to us and we receive a lot of queries from members of our community behind the scenes, concerned with protecting their anonymity.

Some of the issues members have faced include;

Personal information being exposed using external payment providers. (e.g. Paypal, bank transfer).
Accounts being shut down by Paypal, Stripe, CashApp, Venmo etc due to the nature of the business we are in. Not only that, but you can have your money frozen permanently. (see this campaign by Change.org for more details).
Unfulfilled orders or refunds after a buyer falsely claims they haven’t received the item.
Chargebacks.
Restrictions on payment services that are available in their country.
Signing up & downloading additional payment services to send or receive payment.
Can offer protection in the event of a dispute - *Please note disputes need to be brought to our attention within 1 month of the purchase

What Are the Benefits of KinkCoins?

Our internal currency, KinkCoins, offers numerous advantages to both Buyers and Sellers, including:

Anonymity: KinkCoins can be purchased through our third-party payment provider, ensuring that personal details are never exchanged between members.
Adult-friendly payment solution: This eliminates the risk of account suspension and fund seizure, which has occurred with providers like PayPal, CashApp, and others.
No chargebacks: Transactions conducted using KinkCoins are final, providing security and peace of mind.
Buyer protection: In cases where an order is not fulfilled, we offer a refund if the issue is reported within 30 days.
Immediate transactions: KinkCoins allow members to purchase instant content instantly, tip and gift, and access a wide range of additional services on the site.

What Can You Use KinkCoins For?

Pay.

Buyers can exchange KinkCoins to pay, as long as the Seller accepts this as a method of payment. This means no payment details are exchanged, as this is done directly on site. Once you have agreed on a sale and agreed to pay via KinkCoins, simply go to the Sellers profile and click “Send KinkCoins”.

Don’t worry, if you wish to manage your own payment, you can still do this. KinkCoins are totally optional and an alternative payment method for users that have concerns around safety and privacy.

Tip Members

One of the great things about our platform is the community aspect, which we are so proud of. We have so many users encouraging, supporting and building people up. Now you can send/receive tips to show your support.

If you wish to tip another user, you can go to their profile, click “Send KinkCoins” and select a reason (tip) and the Kinkcoins will be transferred instantly to that user.

Pay for Premium Membership

Sellers can pay for their membership using KinkCoins. If you already have a running subscription, we will cancel this and add any remaining days to the length of membership you select.

Promote Profile/Listings

Sellers can also use KinkCoins to promote their listings/profile. We know how difficult it can be to stand out. If you want to get a little bit of a head start, you can promote your profile/listings for 24 hours so you gain more exposure across the site.

Gift A Membership

Members can use KinkCoins to gift a Premium Membership, offering a unique and thoughtful way to support your favourite Sellers.

Donate to our Chosen Charity

Help others in the adult industry by donating to one of our partners and leading support organizations that provide free support and therapy to sex workers.

Where Can I Buy KinkCoins?

Once logged in, you can purchase your Kinkcoins by visiting the sidebar navigation. KinkCoins are bought via our 3rd party payment provider. This means personal details between Buyers and Sellers are never exchanged.

To protect your privacy, ‘vtsup.com*ATW Online’ will appear on your credit card or bank statement as the beneficiary of this transaction.

Once the payment has been made, the KinkCoins will be instantly added to your balance and available for you to use.

We offer two different payment providers; if one option is not functioning, please select the "Alternative" option. Additionally, we have introduced the ability to purchase KinkCoins using cryptocurrency.

How Do I Withdraw My KinkCoins?

Sellers, in order to process your withdrawal, you will need to complete the following steps;

Verify Your Identity
Have a minimum KinkCoins balance of $30 USD (or $50 USD for ACH and SEPA withdrawals)

Once this is complete you can request a withdrawal & we have many options.

Amazon Giftcard

Receive Amazon Gift Cards directly via email, which can be redeemed for millions of eligible products and services offered by Amazon. Please be advised that a 20% service fee applies for this service.

Direct Bank Transfer (ACH/SEPA/Faster Payments)

Receive payments directly and securely to your bank account via SEPA (Europe) and ACH (USA) and Faster Payments (UK).

Paxum

Paxum is a trusted choice for payouts for adult workers, valued for its flexibility and industry support.

It provides worldwide personal account payouts via bank transfers, P2P transfers, prepaid Mastercards, and virtual cards, with applicable fees and verification requirements.

YourSafe

Get an adult friendly Bank Account with an International Bank Account Number (IBAN) for global payment transactions. Supported payment methods include SEPA, Wire Transfer, ACH, and US Check. Please note that higher fees may apply for certain transactions.

Once selected, we will initiate the payment after a 7 day hold period has passed (this is to ensure there are no ongoing disputes with orders). Transfers are processed by the Admin Team every Monday.

Recently Released…

We have launched some exciting updates for KinkCoins that will make our platform even better;

Unlock Instant content. Sellers can set up private albums, set their price, then Buyers can then use KinkCoins to gain instant access to the content for 24 hours. Allowing Sellers to make passive income.
Send badges to other members which will appear on their profile. A badge could be a simple way to put a smile on someone’s face.

Conclusion

We are trying to solve the problems that are faced by members of our community on a daily basis. KinkCoins are the best way for us to help protect our community and offer a safe and anonymous payment method for both Buyers and Sellers.

KinkCoins are completely optional and users can continue to use their own preferred payment methods. However, please make sure you’re aware of the rules and regulations for your choice of payment provider, we would hate for you to have your accounts frozen and lose your money like some of our team have in the past.

See this article for sex work approved payment options. You might be surprised by some of the options you thought were accepted!

By Admin Team

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