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Cryptocurrency Payments

Cryptocurrencies have gained immense popularity in the world. If earlier they were considered only as an investment asset, now they are increasingly being used as a means of payment. However, a company that accepts bitcoins payment faces some peculiarities. Using the Payadmit services, merchants can effortlessly add a “pay with cryptocurrency” button to their website.

How it works

Which businesses can benefit from accepting crypto payments?

Payadmit is a one-click payment processor that will enable your company to accept payment with bitcoin. This opportunity will be useful for many companies operating in Commerce and finance, including online stores, gaming industry representatives, and companies offering specific services for crypto.

Payadmit is a one-stop payment solution. It can be adapted to the needs of any company, regardless of its field of activity. We work with low-risk and high-risk niches. To find out what individual solutions are possible for your business, please contact our managers.

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The security and flexibility of Payadmit

Payadmit ensures that customers can carry out secure transactions using digital currencies. We offer a high level of reliability through the use of encryption. Due to this, the transaction is extremely difficult to intercept. Special security tools provide a high degree of protection against possible DDoS attacks. This ensures the stability of receiving payments.

Payadmit offers flexible customization. A convenient panel allows customers to tailor the service to the needs of their business. You can select a list of crypto coins that you plan to accept. The rate of digital assets is updated automatically, so the data is always up to date. You can also use the reporting service. All reports are generated in seconds.

Professional services

What cryptocurrencies can be accepted with Payadmit?

The Payadmit payment service offers customers the ability to add a large number of cryptocurrencies to their list of payment options. With our services, your business will be able to accept and process transactions with both well-known and less popular cryptocurrencies, for example:

  • Bitcoin;
  • Ethereum;
  • Litecoin;
  • Tether USD;
  • XRP, etc.

In the settings panel, you can select all the cryptocurrencies you need, as well as quickly and conveniently add accounts for them. Also, using the Payadmit service, you can convert digital assets to other crypto or fiat currencies.

With Payadmit, it’s extremely easy for any business to add bitcoin as payment method to their website and process such payments. Start working with us right now and enjoy all the benefits of cooperation!

FAQ

Frequently Asked Questions

What are cryptocurrency payments?

A cryptocurrency is a type of digital currency built on the blockchain system. During cryptocurrency payments, computer code is used to transmit credit from one participant to another. A blockchain transaction that has been cryptographically signed serves as the record of such a transfer. Mastercard enables cryptocurrency credit card payments at various stores. At the same time, Paypal only permits payments to external wallets. Particularly in certain places, cryptocurrency has already made a name for itself as a form of payment.

How do you get paid with cryptocurrency?

Consumers must have a digital wallet to trade and make cryptocurrency payments. With the help of wallet, cryptocurrency tokens are bought and sold. The wallet can also be used to conduct direct payment transactions. You need a digital device with an internet connection to manage your wallet. A laptop or PC works just as well as a tablet. On the Internet, trustworthy wallet providers may be located with just a few mouse clicks. There is a private key for each wallet. However, to safely address any potential security breaches, the Internet browser that is being used must always be current.

What is the best way to pay for cryptocurrency?

You choose a cryptocurrency and the necessary quantity, just as at an online store, and pay straight with a credit card or an instant transfer. Cryptocurrency exchanges can also function like conventional trading platforms. Here, you place a buy order after depositing funds. Many neighborhood stores also accept cryptocurrencies as payment. To achieve this, the bitcoins must be transferred from your wallet to the seller's wallet. A QR code you scan with your smartphone's camera makes this possible.

Can I pay someone with crypto?

The buyer requires the recipient's address to pay with crypto coins. The private key is employed as a form of digital signature to validate payments made. A unique technique is used to handle transfers over the Internet; unlike traditional banking, there is no central settlement office. You may transmit supported coins directly from your wallet to another wallet user. You may also use your wallet to purchase cryptocurrency to pay someone with crypto.

How do crypto payments work?

The recipient's software creates an invoice that may be paid for using a QR code, which is the square relative of a barcode. The program immediately delivers the money to the recipient's bitcoin address through the Internet as soon as the sender scans this code with their smartphone's camera.

Can cryptocurrency be converted to cash?

The two primary methods for turning cryptocurrency into cash and transferring it to your bank account are as follows:
- Peer-to-peer platforms and third-party exchanges.
- A third-party broker who enable you to sell cryptocurrency for cash or convert coins to money.
Clients must first purchase the cryptocurrency through a payment processor before they can convert it to cash.

What is the best crypto for payments?

The teams behind these cryptocurrencies were picked because of their lofty objectives and plans to create innovative new technologies. Numerous of these cryptocurrencies are still developing and are anticipated to soar sharply in the future:
- Bitcoin
- Ethereum
- BNB
- Cardano
These cryptocurrencies are ideal for trading due to their high liquidity, daily trading volume, and volatility.

Does crypto have fees?

The use of a cryptocurrency exchange has additional fees. For each buy and sale, transaction fees of up to 1.5% of the purchase amount are required. Some businesses may impose fees for deposits and withdrawals. Comparatively speaking, Binance is the least expensive crypto exchange, with fees of 0.10%.

Can crypto payments be tracked?

Compared to credit card payments, crypto payments are made using cryptographic addresses, so you scarcely leave any evidence. Personal information is not required to secure the users' civil identities. However, every transaction reveals the wallet address — which serves as an alias for each network user and a source of other user-related data.

Additional resources

Go to Blog
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All the resources to successfully process payments using the Payadmit platform
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Documentation
All the resources to successfully process payments using the Payadmit platform
PayAdmit Docs
Let’s Talk
Do you want to scale up your business and you need a strong and flexible Commerce platform?
Contact Us
Give Us a Call
Be not afraid! Go after global market share. We'll handle the backend stuff
Skype

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