Announcing Dropil Direct

armandomarais
5 min readDec 24, 2019

1. Convenience is Key

We love crypto — beautiful interfaces — and definitely convenience, which is why we are excited to announce a new, more simple way to buy Drops from third-party exchanges….. called Dropil Direct.

Skip the hustle and bustle, Drops delivered quickly to your door (portal wallet) without the hassle! As we plan on rolling out many more services powered by Drops in the near future, we wanted to reduce overall friction in acquiring Drops, making all services easier to access.

The new Dropil Direct service — available only to non-U.S. residents — will allow eligible users to purchase Drops through this service from anywhere on the main site or within the portal directly, without having to bother with third-party sites, and with the purchased Drops ultimately deposited to your portal wallet.

To make things even more convenient, purchase order requests are processed quickly through the use of automation, and typically, the acquired Drops will arrive swiftly to your portal wallet once funds are confirmed!

2. The Benefits

This new service which streamlines the process of acquiring Drops will benefit both eligible users and the ecosystem as a whole. Allowing eligible new users a super simple way to get into the platform and utilize Dropil services will increase future adoption, working directly towards our goal of making entry to crypto as simple and fun as possible, especially Dropil.

In addition to easing adoption of Dropil for eligible new users, Dropil Direct has the potential to increase the market volume and liquidity of Drops on third-party exchanges without requiring users to actually visit these exchanges. There will be a daily purchase limit of $5k USD equivalent and a monthly limit of $25k per eligible user for the Dropil Direct service.

3. How it Works

  • Click on get drops / deposit button inside any Dropil portal
  • Select the Dropil Direct tab of the deposit popup
  • Enter the amount of Drops you want to buy OR
  • Select currency to pay in and amount you want to deposit (BTC, ETH, USDC)
  • Corresponding amount will display
  • The approximate price per Drop being offered is calculated including all fees, and displayed
  • Drops will be sent to your portal wallet once confirmation of funds have been received and the acquired Drops become available
  • On the next screen you will be given a QR that includes exact amount and deposit address
  • You can scan to send from QR enabled wallets or platforms.
  • You can also copy and paste address and amount if you want by just clicking
  • You will see a timer start, if your transaction doesn’t show up on the network within an hour it is cancelled. The price being offered is subject to change if you start over.
  • Once your transaction shows up on the network and the required amount of confirmations are met, the Drops are deposited as soon as they become available. Dropil Direct’s automated system begins working after:
  • 2 confirmations for Bitcoin, or
  • 12 confirmations for Ethereum & USDC
  • On the same popup you will see a helpful snippet containing all your transaction info and current status

Dropil Direct is planned to launch on Thursday, March 21st at 4PM PST (Pacific Standard Time). We hope you enjoy this new way to buy Drops and as always thank you for all the support!

Note: Until further notice, US customers will neither be provided access to nor be able to participate in the Dropil Direct service

“Excellent firms don’t believe in excellence — only in constant improvement and constant change.”
– Tom Peters

4. Dropil’s End of Year Update

— Dropil’s Biggest Update Yet

Since inception, the driving principle of Dropil has been to deliver a product to our users that they LOVE. There is an endless supply of products that look great, provide value, are easy to use, or offer great customer support, but we here at Dropil want something to deliver on ALL these fronts and even then still look to constantly grow and improve our offerings, delivering our supporters something to truly love.

The next evolution of Dex is here, proving great can always be better and that there is no place for stagnation in the emerging crypto space. Along with the launch of Dex 3.0 and general ecosystem upgrades, we will also be releasing Dropil Home, all of which will bring many new features from enhanced security to improved portfolio management to you in an even better looking and functioning package.

These aren’t simply small tweaks that have been made to the system, this is a serious upgrade, and we are pleased to offer these new features free to all users for life regardless of what level of account you currently have. So without further ado let’s dive deeper into each of the upgrades being brought to the platform. Navigate to any of the articles regarding this update by clicking the links below.

— Dropil Home In-Depth Look

Click here for a full article detailing the release of Dropil Home.

— Dropil Ecosystem Upgrades

Click here for a full article detailing the upcoming Dropil Ecosystem upgrades.

— Dex 3.Ohhhh Yes!

Click here for a full article detailing the massive update of Dex.

All of these updates will be brought to you very soon. Beta testing of these changes will be starting in the next few days. Following the completion of beta testing, we will prepare for the official launch. The maintenance downtime for these upgrades is estimated to take up to 24 hours and the date the maintenance will be taking place will be announced at the conclusion of the beta test period far in advance.

Thank your for reading this❤

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