At the checkout, the customer selects crypto as a payment method. Then, opens his wallet and scan the QR code provided. The customer is also able to manually copy and paste the recipient’s crypto wallet’s address. Then the customer simply enters the required amount and confirmst the transaction. See the instructions for more detail.

A crypto payment gateway, like CoinGate, is a payment processor for cryptocurrencies. It enables merchants to accept various cryptocurrencies as payment and converts these earnings to fiat currencies like Euros or U.S. Dollars. This service facilitates the use of cryptocurrencies for transactions in a secure and efficient manner.

Some of the primary advantages of cryptocurrencies include faster payments, lower transaction costs, no risk of chargebacks, access to a broader customer base, and enhanced security. Here are more reasons from our clients why accepting Bitcoin and crypto is a good idea.

Cryptocurrency payments work by allowing the payer to send any crypto coin directly to the payee’s digital wallet. This process usually involves generating a unique address for each transaction, ensuring security and transparency. The transactions are verified and recorded on the blockchain, ensuring their immutability and traceability.

A crypto payment gateway, such as CoinGate, is a service that facilitates merchants to accept cryptocurrencies as payment. It processes the payment, converts it into fiat or other cryptocurrencies, and manages the transaction flow from checkout to settlement. A crypto wallet, on the other hand, is a digital tool that allows individuals to store, send, and receive cryptocurrencies. The wallet holds the cryptographic keys that allow access to the cryptocurrency on the blockchain.

You can use our official plugins and extensions for e-commerce platforms like Wix, WooCommerce, WHMCS, OpenCart and others.

Begin by configuring the addresses where you want your payments to be sent. Access your CoinGate profile, proceed to the “Account Settings->Payout Settings” section in the menu, and input the wallet addresses for the currencies you’re planning to use for cashing out. After this, navigate to the “Merchant->Withdrawals” section to start the withdrawal process. Remember, the least amount you can withdraw stands at 50 EUR.

The time for verification varies, ranging from a few minutes to a full day. This duration can be influenced by multiple factors, such as the type of documentation you submit, whether as a private individual or a business entity.

To see a sample of CoinGate’s invoicing method, you can visit the demo store page.

A compilation of the accepted payment currencies can be found here.

The legality of accepting digital currencies through CoinGate is influenced by the regulations of the nation where your company is registered. To determine the legality in your nation, you can refer to the directory of countries that CoinGate supports.

IT service providers are among the top businesses that embrace Bitcoin payments. Bitcoin acceptance is notably prevalent among providers of VPN and hosting services, as well as in sectors like VPS, e-commerce, travel, and gaming. Furthermore, even in places that don’t directly accept BTC, you have the option to utilize it indirectly, such as buying a gift card using Bitcoin from the CoinGate gift card shop.