Payfair Announcements
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Dear friends, we will publish latest news and updates in this channel.
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UPDATE:

PayFair (PFR) has been de-listed from IDEX per an upcoming token swap. Who has not withdraw the old PFR tokens from IDEX, you can still do it, the withdraw works in normal mode, there is also no timeframe for withdraw. Please cancel all orders before withdrawing.

https://twitter.com/Aurora_dao/status/1093157105627025408

8th February IDEX launch new PFR token for trading

Follow our news!
Hi everyone!

IDEX and FatBTC launched new PFR token for trading.

https://twitter.com/Aurora_dao/status/1093871765099552768

https://idex.market/eth/pfr

https://idex.market/wbtc/eth

https://fatbtc.com/trading

Also who has not withdraw the old PFR tokens from IDEX, you can still do it, the withdraw works in normal mode, there is also no timeframe for withdraw. Please cancel all orders before withdrawing.
Crowdsale Distribution!

On the 8th May 2018, we announced a crowdfunding event. As promised, we are now planning to distribute the committed PFR tokens to all those who participated. We apologise for the slight delay in distribution; the current token swap delayed the timelines slightly.

Tokens will be distributed to the addresses where the ETH payment originated from. Payment in ETH = 1 PFR = 0.000133333 ETH, or 1 ETH = 7500 PFR

The original crowdsale address can be found here: https://etherscan.io/address/0xCACD481f092CC7041296a003Fd3eb8436a74339a

Tokens will be distributed today (14 February 2019) / UPD: All tokens were sent to participants
Hello everyone!

NEW PayFair Integration: The Social Exchange

We are delighted to announce a new offering we are proposing to launch: The Social Exchange! There is tremendous excitement internally in regards to this integration and urge you to cast your vote now and read the full release here:

https://medium.com/@PayFair/payfair-the-social-exchange-5dce4edd4db9
Hello everyone!

The Social Exchange - Vote Successful!

We are delighted to announce the new offering, The Social Exchange, has passed the vote! Therefore we are delighted to announce that the crowdfunding has gone live!

If you would like to participate in this, simply send your desired ETH contribution to our crowdsale address here:

https://etherscan.io/address/0x87779b6380E09d9263A71AAAEa0E7e106E874F0e

In return, you will receive 1 PFR for every 0.0001 ETH and your unique privileged code will be issued once the integration is live! The crowdsale will last for 10 days with the possibility of extension should we not achieve the required funds.

Read the full release here:

https://medium.com/@PayFair/payfair-the-social-exchange-5dce4edd4db9
Payfair Announcements
Hello everyone! The Social Exchange - Vote Successful! We are delighted to announce the new offering, The Social Exchange, has passed the vote! Therefore we are delighted to announce that the crowdfunding has gone live! If you would like to participate…
Hi all,

Short answer to frequently asked questions about crowdfunding (The Social Exchange):

200 ETH (funds that we collect for the development of The Social Exchange) is $ 25k, this is a very low price for creating such an addition to the platform (almost a new project). Let me remind in Europe the cost of a developer hour is $ 30-40 per hour, $ 25k / $ 40 (per hour) = this is 625 hours of development (at least 5 people should participate in the development - a designer, a manager, 3-5 developers, depending on the development period. Not taking into account the additional time spent).

Nobody from scratch for such an EXTREMELY LOW COST of developing this will not make for you a fully working platform with future support. We have a base (foundation) for creating such an addition to the platform (The Social Exchange). Therefore, we are ready to take on this project. Also thanks to the new integration on the platform:

1) Liquidity will rise on the platform at the expense of the new service

2) Site traffic will be increased, due to ads placed on the platform.

You get almost 50% of the profit for contribution to the development of The Social Exchange worth $ 25k

PS: Initially, we had an idea to create a new token for this. But we went to the side of investors, and decided that we would share our team tokens as a bonus. I understand your interests, but we consider this in the long term, and we do what is in your interests, this is the creation of the value of the token itself!

Thank you for understanding
PFR TOKEN SWAP - UPDATE

Hello everyone!

In connection with the update of the MEW wallet interface, manual swap does not work on the old version of MEW, so we advise you to do swap exclusively on our platform (so that there are no problems and this is the easiest way for you).

How to perform the token swap from old PFR to new PFR:

If you create a client account on the PayFair platform (or use your existing) and send your PFR tokens to it, they will be automatically converted to the new PFR token. So if you have been away for a while, simply send them over to it and we will convert it.

Instruction can be found in our telegram group or ask @JohnPomelov

High level overview of the update:

1. PFR has migrated to a new token.

Contract: 0xB41422D5a1d5d5C73c229686935b40F881502785
Decimals: 8

2. Old tokens held on PayFair platform (Client and Escrow accounts ONLY) have been converted. And they are available for withdraw from the platform. Deposit and trading of the new PFR token on the platform also works.

3. New tokens are now the only tradable tokens on exchanges.

4. No time limit to swap your tokens.

Read more: https://medium.com/@PayFair/pfr-token-swap-ongoing-2b7611eb5013
Payfair Announcements
Hello everyone! The Social Exchange - Vote Successful! We are delighted to announce the new offering, The Social Exchange, has passed the vote! Therefore we are delighted to announce that the crowdfunding has gone live! If you would like to participate…
Hello everyone!

The Social Exchange - Update

Based on community feedback, we have increased the amount of bonus PFR you receive via the crowdsale (now you will receive 1 PFR for every 0.00008 ETH), as well as increasing the privileged reward percentages of the turnover (earlier 1.5% > now 2.5%). Meaning, more tokens and high profits for investors!

Should you have already have contributed, you will benefit from these changes and will receive additional tokens alongside the new pricing structure.

If you would like to participate in this, simply send your desired ETH contribution to our crowdsale address here:

https://etherscan.io/address/0x87779b6380E09d9263A71AAAEa0E7e106E874F0e

Read the full release here:

https://medium.com/@PayFair/payfair-the-social-exchange-5dce4edd4db9
Payfair Announcements
Photo
Hello everyone!

The Social Exchange - Update

Based on community feedback, we have increased the amount of bonus PFR once again! You now receive 1 PFR for every 0.00007 ETH. Meaning more tokens as a benefit for contributing!

Should you have already have contributed, you will benefit from this change and will receive additional tokens!

If you would like to participate in this, simply send your desired ETH contribution to our crowdsale address here:

https://etherscan.io/address/0x87779b6380E09d9263A71AAAEa0E7e106E874F0e

Read the full release here:

https://medium.com/@PayFair/payfair-the-social-exchange-5dce4edd4db9
Temporary Free Trade Deals!

Hello everyone!

As a result of the community vote, we have decided to temporarily reduce the maker and taker fee to zero to help increase awareness. This is a promotional tool to allow users to use the platform and have a safe place to conduct OTC or Escrow Deals.

Let us not waste this short fee reduction and please help us spread the word!

Due to the fact that there will be a zero fee period, please anticipate that trust nodes will not be generating revenue during this time. If a deal requires Escrow, the normal fee will be applied.

The promotion will last until the end of August

PS. The referral program is also not valid for the time of the promotion.
Hello Everyone!

We are delighted to announce an update in regards to the Social Exchange! It has been some time since we have posted an official update, apologies for this, we have been spending our time building the back end while the market was down.

Without further adieu, read the full release here including estimated launch times, first look and crowdsale closure details:

https://medium.com/@PayFair/the-social-exchange-update-3624e5360529

Additionally, we have also added a huge range of new pairings to the platform. Stay tuned for further pairs to be added over the next few months! Read the full release here:

https://medium.com/@PayFair/payfair-listing-and-pairing-update-5f0cbe0dbd00

As the market seems to be showing signs of recovery, we will re-launch the Bi-Weekly updates to keep you all informed of progress and developments within PayFair.

Thank you for being apart of our community!
Hello everyone!

We want to inform you that the Social Exchange crowdsale (primary) is officially ended. Thanks all for your support and participation. All crowdsale participants will receive PFR and SEPFR tokens on June 15.

Selling the rest of the SEPFR will be integrated on our platform during June, follow the news.

You can find more information about Social Exchange and selling SEPFR in our previous article:

https://medium.com/@PayFair/the-social-exchange-update-3624e5360529

PS. Also do not forget that the first Social Exchange update is scheduled for mid-June.
Hello everyone!

PayFair’s response to increased LocalBitcoin trade restrictions

In light of the recent actions by LocalBitcoins to restrict cash options for buying and selling bitcoin, we at PayFair would like to extend a helping hand to the traders affected by this abrupt decision.

PayFair is open to the use of numerous ways of payments, and fiat pairs giving freedom to the trader to choose exactly how they wish to exchange, keeping to the core tenant of cryptocurrency, freedom to transact.

Read more: https://medium.com/@payfairio/payfairs-resposnse-to-increased-localbitcoin-trade-restrictions-7793e68c38de
Hello everyone!

PayFair is giving a second chance to delisted tokens

It has come to our attention that a number of tokens across many exchanges have been victim to a recent wave of delistings. The cryptocurrency space has endured a brutal an unforgiving bear market and is just now showing signs of recovery. We at PayFair do not feel it fair to delist these tokens so abruptly right out of the bear market. This is why we are giving these tokens a second chance at listing.

We are holding a community vote to list 2 of 6 listed tokens below. If you would like to see your token listed on PayFair, head over to our platform and start voting: https://payfair.io/poll

Voting will last until June 15.

Read more: https://medium.com/@payfairio/payfair-is-giving-a-second-chance-to-delisted-tokens-ce80f970fc1f
Payfair Announcements
Hello everyone! We want to inform you that the Social Exchange crowdsale (primary) is officially ended. Thanks all for your support and participation. All crowdsale participants will receive PFR and SEPFR tokens on June 15. Selling the rest of the SEPFR…
Crowdsale Distribution

Hello everyone! Today as promised, we are now planning to distribute the PFR tokens to all those who participated. We apologise for the slight delay in distribution and thanks again to all participants and for your support.

Tokens will be distributed to the addresses where the ETH payment originated from. You receive 1 PFR for every 0.00007 ETH.

The original crowdsale address can be found here: https://etherscan.io/address/0x87779b6380E09d9263A71AAAEa0E7e106E874F0e

PS. SEPFR will be distribute to all participants in the coming days (maybe also today).
Hello everyone!

Our team is pleased to announce that the first update of the new integration — The Social Exchange is ready! We look forward to receiving feedback from our community. Also remind that we have created a new supporting token, SEPFR, which is available for purchase on our platform (you can find it on your account by clicking on the “Wallet”) for the price of 1 SEPFR = 0.00008 ETH. The new token, SEPFR, will give its holders the privileged right to additional profits from the social exchange. A total of 2 million SEPFR tokens were released. For example, if you hold 1 million SEPFR tokens, you will receive 50% of the profits from the social exchange volume. Thank you all for your support and participation and stay tuned for future updates!

Read more: https://medium.com/@payfairio/the-social-exchange-first-update-64408e4bbfe9
Hello everyone!

Yesterday, as a result of a hacker attack, a private key to our platform’s cold wallet was compromised, and therefore the platform will be offline until the end of the week. An incident is currently being investigated. User funds (in particular, the entire PFR) located on client and escrow accounts were transferred to the backup wallet and they are safe, but as a result of the attack, part of ETH was stolen (we are already looking for ways to solve this problem). Also, all information and regulations regarding the return of funds to users will be on the weekend. We apologize for the inconvenience and ask you not to worry. For all questions, you can contact to @JohnPomelov

PS. https://t.me/payfair the ability to write in the main chat will be disabled for a week, during the investigation of the incident (also to exclude trolling, toxicity and hysteria).

Thank you for understanding.

Regards,

PayFair Team
Payfair Announcements
Hello everyone! Yesterday, as a result of a hacker attack, a private key to our platform’s cold wallet was compromised, and therefore the platform will be offline until the end of the week. An incident is currently being investigated. User funds (in particular…
Hello everyone!

In connection with the latest events (in particular, a hacker attack, see previous news), the platform will still be offline, we will carry out technical works and update the security of our platform (how long will the works be? until we can tell the exact dates).

For all questions regarding the tokens refund (which were on your client or escrow accounts, at the moment of the hacker attack) write @JohnPomelov.

PS. https://t.me/payfair the ability to write in the main chat will be disabled, to avoid a bunch of repetitive questions, also to exclude trolling, toxicity and hysteria. All subsequent updates and news will appear here: https://t.me/payfair_announcements

We apologize to our community for for the delay and inconvenience, hope that as soon as possible the platform will begin to work as usual. Thank you for understanding.