Accept Decred Payments
Let your customers pay with DCR. Get Euro payouts or convert to Bitcoin.
Decred (DCR) is a cryptocurrency that is based on Bitcoin, with significant differences. With Decred, the power of decisions does not only belong to miners. It also extends into the community. The way this is done is through a hybrid mining system that combines "proof of work," and "proof of stake" protocols. You can find out more about these systems in their documentation library.
Their unique system enables the community to guide the project. Anybody can start a new proposal, suggest an update, or develop new functionality for the platform. Developers get paid for their work through the Decred Blockchain, and progress can be monitored by anyone, at any time.
Official Website: https://www.decred.org
How to accept Decred payments on your website?
CoinGate makes it easy to receive customer payments in most popular cryptocurrencies, including Decred. 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:
- One of CoinGate ready-made integrations for e-commerce content management systems or web billing platforms (like WooCommerce, Magento, PrestaShop, OpenCart, WHMCS and similar)
- Developer API that can be configured for any website and different codebases (e.g. Ruby, PHP, Omnipay, Python, NodeJS...)
- Payment buttons for accepting donations or simple payments (for example, if you only sell one or several products)
To get started with accepting Decred 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 Decred Payments on Any Store
Payouts in Euros, U.S. Dollars or Bitcoin
You are selling a product or service in your store and set the price in a currency of your choice (for example 10€).
We calculate how much bitcoins it is worth, in real-time, by selecting the best price from several Bitcoin exchanges.
Your Customer pays with bitcoins and Altcoins.
You receive 9.90€ (10€ - 1% processing fee).