Grow your Business with Altcoin Payments
Provide the potential of faster and smarter payments for all your crypto-friendly customers with Altcoin payment processor for SMBs and enterprises.
What is Altcoin payments?
Altcoin payments refer to the use of alternative cryptocurrencies, other than Bitcoin, for transactions. At CoinGate, we support a wide range of altcoins, including popular ones like Litecoin, TRON, and USDT, allowing businesses to accept payments in various digital currencies.
Why should businesses accept Altcoin payments?
Accepting altcoin payments can provide your business with several advantages. It allows you to cater to a broader audience, as some customers prefer using altcoins over Bitcoin. Altcoins often have lower transaction fees and faster confirmation times. Our team at CoinGate helps you integrate altcoin payments seamlessly, enhancing your payment options and attracting more customers.
Is it safe to accept Altcoin payments?
Yes, it is safe to accept altcoin payments. CoinGate ensures the security of transactions by using advanced encryption and blockchain technology. Each transaction is verified and recorded on the blockchain, providing transparency and reducing the risk of fraud.
What are Altcoins Used for?
What are Altcoins Used for?
At CoinGate, Altcoins serve various practical purposes beyond just trade.
Diverse Payment Options
Accepting altcoins provides customers with a variety of payment choices beyond Bitcoin, catering to different preferences and increasing customer satisfaction.
Lower Volatility
Many altcoins, like USDT (Tether), are stablecoins, offering price stability and reducing the volatility typically associated with cryptocurrencies.
Faster Transaction Times
Some altcoins, such as Litecoin and TRON, are known for their faster transaction speeds, enhancing the efficiency of payment processing.
Cost Efficiency
Altcoins often have lower transaction fees compared to Bitcoin, providing a cost-effective solution for both merchants and customers.
“With the help of CoinGate Altcoin payment gateway we have increased our conversion rates and attracted more customers who value privacy and prefer crypto payments.”
Vaidas Rutkauskas
CEO, Cherry Servers
Start Using Altcoins with CoinGate payment gateway
Integrating Altcoin into your business is straightforward with our platform. Here’s how you can get started:
1. Register with CoinGate
A quick account setup process.
2. Configure Your Payment Gateway
Easily integrate using our robust API, plugins and more.
3. Accept Altcoin Payments
Start accepting Altcoin payments with confidence on multiple networks
Altcoin Payments Integration Methods
CoinGate Payment API
Connect your website to our well-documented crypto payments API for maximum customization.
Payment Buttons
A simple yet versatile payment method with no coding knowledge required to use it effectively.
E-commerce Plugins
Easily set up Altcoin payments with an official plugin or extension developed specifically for the e-commerce platform you’re on.
Email u0026 Direct Link Billing
Send one-time Altcoin bills to customers or business partners via your email list or a direct link.
Altcoin PoS
Start accepting Altcoin payments in brick u0026 mortar stores using Point-of-Sale any device with an internet connection and a browser.
1. Invoice
We present a detailed invoice for your customer.
2. Payment
Your customer pays our invoice at a fixed exchange rate.
3. Conversion
We transform the client’s payment into your preferred currency.
4. Settlement
We send a withdrawal to your bank account on-demand.
Accepting Altcoin Payments Is A No-Brainer:
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Flexible enterprise-grade integration
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Receive Altcoin payments instantly and globally
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Allow to pay for people without bank accounts
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Discard multiple middle-men from payment process
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uCollect less data of your customers
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Get rid of fraudulent chargebacks
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Attract a more diverse range of customers
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Gain a competitive advantage in your respective industry
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Enjoy the cheapest Altcoin payment processing method
THE MORE THE MERRIER
More Than Just Altcoin Payment Gateway
Accept VeChain (VET)
Accept Internet Computer (ICP)
Accept Polkadot (DOT)
Accept Wrapped Bitcoin (WBTC)
Accept Chainlink (LINK)
Accept Bitcoin (BTC)
UniSwap (UNI)
Ethereum Classic (ETC)
Stellar (XLM)
Theta
Contact Us
Embrace Modern Payments with CoinGate’s Altcoin Solutions
Still not sure whether you can leverage the power of Altcoin? Fill out the form and our account managers contact you and will answer all of your questions.
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Learn More About Altcoin payments:
Frequently Asked Questions About Altcoin
What is the most commonly used cryptocurrency for payments?
The most commonly used cryptocurrencies for altcoin payments are USDT (Tether), Litecoin (LTC), and TRON (TRX). These altcoins are popular due to their stability, lower transaction fees, and quicker processing times. CoinGate’s crypto payment gateway supports these and many other altcoins to offer diverse payment options.
Are Altcoin payments a popular payment method?
Altcoin payments are gaining popularity as more people and businesses recognize the benefits of using cryptocurrencies beyond Bitcoin. At CoinGate, we have seen a growing interest in altcoins, making them an increasingly viable payment option for many merchants.
How do Altcoin payments work?
Altcoin payments work similarly to Bitcoin payments. The customer sends the payment from their digital wallet to the merchant’s wallet. CoinGate facilitates this process by providing easy integration solutions for businesses. Once the transaction is initiated, it is confirmed on the respective blockchain, ensuring secure and transparent payments.
What are the fees for Altcoin payments on CoinGate?
Accept cryptocurrency payments without breaking your wallet. We charge 1% for every processed transaction. More information can be found on our pricing page.
Is it legal to accept Altcoin payments?
Yes, it is legal to accept altcoin payments in most jurisdictions. However, regulations can vary from country to country. CoinGate ensures compliance with local laws and regulations, offering a secure and legal way for businesses to accept altcoin payments. We advise checking the specific regulations in your area to ensure full compliance.