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Newchic Procedures.
There are usually a few different ways of doing things with this platform.
The best app to use to top up newchic account is ‘Binance’
Revolut can also be used as a back up option.
It is possible to use other crypto exchange apps, such as coinbase, crypto.com etc.
They usually charge more than binance but it is good to have back up options in case
of any problems with binance.
Binance
New users need to register and go through the verification process by uploading a
selfie photograph and driving license.Using a mobile phone is advisable as opposed
to a tablet or desktop pc. Due to verification procedure, (2fa) -2 factor authorisation.
which involves codes being sent to mobile phone and email address. The
authorisation system is easier if using a mobile phone.
Once binance is verified, click the middle icon on the homepage, then ‘buy’ - buy
crypto with your local currency.
Make sure you are using binance lite. It says Binance lite at the top of
home page.
Binance pro version can be used later when withdrawing.
Search for USDT - purchase amount. Going through 2 step verification, codes sent to
mobile and email need to be entered.
You can use any bank card to purchase. Unfortunately, sometimes the banks do not
allow people to purchase crypto too easily. Some are stricter than others. My bank,
Halifax seems to work ok. If there are any banking issues, there are other methods to
top up, but this one is the quickest. You can use revolut to transfer money from
normal bank account to revolut then trade on binance, sending the money to the
seller on binance p2p.
For possible verification issues. Below is a link to some information which explains
their verification procedure.
https://authy.com/blog/how-to-enable-authy-for-binance-withdrawals/
Once you have topped up your binance with USDT (recommended amount to start is
35 USDT, which qualifies you for 8.88 usdt start up bonus from newchic.
You will then need to withdraw the money into your newchic account.
Download ‘Revolut’ app, an online banking app, which can be used with binance in
the event of any banking issues.
Sign up to Newchic account using my link below, unless you have already signed up
to another of my team members.
https://newc6cwugae3-www.liverpooldoctor.com/#/Login?code=115607&tab=2
Remember username and password.

Familiarise yourself with newchic site, read information on different sections,
announcements etc.
Add customer services number to your phone contacts as ‘newchic customer
services’.They use whatsapp and can assist with various aspects of the platform.
Topping up Newchic account.
Open Binance. Click withdraw. Paste the address below which is Newchic’s wallet
address.
Newchic address to top up
account:TFnTxPpGKAc8YiZkzpTAu8DrxgQNinxQZ6
Ensure it says TRC20. Click MAX USDT, click withdraw. Take a screenshot of
successful withdrawal in Binance.
This address is the same for everyone. You have to contact customer services, send
them the screenshot of successful withdrawal along with your username so that they
top up the correct account.
Newchic platform.
New users start at level 1. On the home screen are the markets. Taobao (level 1),
Broadway, Amazon, Newchic etc.
Taobao, level 1, gives users 50 orders per day to complete. The product amount gets
deducted from your account temporarily, then refunded plus the commission.
Orders need to be completed within 2 minutes or they become frozen and it is best
not to continue until the order is unfrozen as it affects your balance and commission.
You can contact customer services to get them to unfreeze orders.
Customer services operate roughly between 11.30am UK time until late evening.
Inviting more members to join enables you to move up to the next level which is a
higher rate of commission and more orders. Broadway (ebay) is level 2 and so on.
Automatic function.
Do not use automatic function. Manually click on all orders that they generate, submit
and confirm each one.
Orders
You have to wait 20 seconds between each order.

To speed things up, I use a stopwatch and have found that after 16 seconds I can
click on the next order as it takes a few seconds to generate.
Reasons why orders could be frozen.
Not completed within 2 minutes. This could be due to high number of users on the
platform causing things to slow down, poor mobile phone with low memory or if you
forget to click submit and confirm on each order within the 2 minute timeframe.
On the site there is a clear description of how they generate the commission.
Taobao market gives us 0.26% commission on each order. The products are
generated at random and the higher your balance, the higher the value of the
products.
Commission increases steadily each day. Sometimes due to the random amounts, it
can go down very slightly but usually it increases daily.Binding your binance to
Newchic.
You need to bind your binance wallet address to your newchic account to enable you
to withdraw.
Also important for moving up the levels. For example, to move up to level 2, you
need to invite x3 new members and have their accounts binded before you can
progress to the next level.
On binance home screen, click the wallet icon on bottom right.
Click Deposit.
Find USDT
Scroll down to select TRON TRC20 network.

Brings up wallet address, click icon to copy wallet address.
Large barcode is shown on screen (QR code)
Take a screenshot showing the wallet address and barcode.
Log in to Newchic.
Click withdraw
Click set up information at bottom of screen.
Enter name, phone number, set up withdrawal password. I used a 4 digit code.
Click TRC20 address and paste wallet address from binance using above procedure.
Contact customer services and send them the screenshot showing binance wallet
address with the large QR code. Ask them to check if your account is binded (bound)
correctly.
Withdrawing money from Newchic Obviously this is the important section.
When you are ready to test a withdrawal and have binded your account.
Log in to Newchic. Click withdraw. Type amount you want to withdraw, type in your
withdrawal password / passcode. Click withdraw.
Newchic will take around $1 and it says on the screen the amount they have taken.
The money goes into your binance quite quickly. Seems to take around 30-60
minutes.
Once the money has arrived into binance, follow the following steps.
Change lite version to pro by clicking on the face icon top left of screen. Then de-
selecting lite button, which opens up the pro version.
Click p2p (p2p means person to person trading). There are no restrictions or limits
sing this system. It is not controlled by other organisations so it makes it very easy to
trade with others.
Once in p2p, click transfer. You need to transfer spot to funding. Then you
are ready to sell the USDT to a trader who will pay the money into your account.
In p2p, click sell. Click funnel icon (top right) Click By Crypto, Bank
transfer, enter your bank details, account number and sort code.
You can also use revolut account if required.
Find a trader from the list of usernames displayed.
Click Sell USDT (icon in red)Wait for the buyer to purchase, a timer is started as they
have a certain timeframe to complete
the transaction. Do not click confirm receipt until the money has
arrived into your account.
Paying Tax to inland revenue.

Crypto investments are taxable under Capital gains tax.
Give HMRC a call and ask them for the information to clarify it.
There is no tax to pay on the first £12,300.
After that you pay 10% if profits are in the lower bracket (less than £40,000) Here is
an example they gave me. Figures may vary slightly, this is just for example
purposes.
It is linked to any other income you receive from other sources of revenue,
employment etc.
EG. if your salary in your job is £20,000, minus £12,300 = £7,700.
£40,000 (higher tax bracket 20%) - £7,700 = £32,300
So, you can earn £32,300 paying 10%, any more than that is taxed at 20% as that
takes you into the higher bracket.
It is best to check these figures with HMRC yourself.
You can file a tax return if self-employed or use HMRC 'real time transaction service’
which calculates tax owed when you enter the cost and selling price of your
investments.
Team commission
If you sign up a new member you receive 16% of their commission. This is paid by
the platform and does not affect the balance.
If your new team member signs up somebody, you receive 8% commission.
If they sign someone, you receive 4%.
Some users with lots of team members make enough commission for doing exactly
nothing.
Some choose not to do the orders themselves as team commission is so high.

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Newchic Procedures.

Revolut can also be used as a back up option.

Remember username and password.

You have to wait 20 seconds between each order.

Scroll down to select TRON TRC20 network.

Paying Tax to inland revenue.

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