Accept Blackcoin BLK

Start Accepting BlackCoin

Let your customers pay with BLK. Get Euro payouts or convert to Bitcoin.

About Blackcoin

BlackCoin, recognized by the token BLK, represents a transparent, distributed, and decentralized public ledger of transactions. It is a peer-to-peer digital currency that resembles Bitcoin in the way transactions are stored.

Unlike Bitcoin, it uses different protocols to secure its network, utilizing a proof-of-stake system, which allows users that own BLK tokens to use their wallets to secure the network.

As an incentive to users, BLK offers 1-8% interest on their tokens per year. Interest naturally introduces inflation in the system, which means that more and more coins will continue to appear over the lifetime of the cryptocurrency.

It is an entirely anonymous system, which does not require any personal information to allow its users to send and receive transactions. Additionally, it features lightning fast transactions, open sourced software, and eco-friendliness. In this system there are no miners, so no electricity is wasted on mining, but also without compromising network security.

Official Website: https://blackcoin.co

How to accept Blackcoin payments on your website?

CoinGate makes it easy to receive customer payments in most popular cryptocurrencies, including Blackcoin. To make it simple for merchants, all received payments are automatically settled to EUR/USD or to BTC, depending on your preference.

To integrate our payment gateway on your website, choose either:

To get started with accepting Blackcoin as well as Bitcoin, Litecoin and other coins, first, sign up with CoinGate. Then, create API credentials if you are planning to use our e-commerce plugins or the API; if not, go ahead and create your first payment button.

If you wish to keep all your received payments in cryptocurrency (i.e. to receive payouts in Bitcoin), then no verification is usually needed to use CoinGate. For Euro or U.S. Dollar settlements, you will have to pass our simple merchant verification procedure by uploading your business documents and director's ID.

How it Works - Accept Blackcoin Payments on Any Store

Payouts in Euros, U.S. Dollars or Bitcoin

Price tag

Step 1

You are selling a product or service in your store and set the price in a currency of your choice (for example 10€).

Best exchange choice

Step 2

We calculate how much bitcoins it is worth, in real-time, by selecting the best price from several Bitcoin exchanges.

User payment

Step 3

Your Customer pays with bitcoins and Altcoins.

Cash

Step 4

You receive 9.90€ (10€ - 1% processing fee).