Accept Komodo Payments Online
Let your customers pay with KMD. Get Euro payouts or convert to Bitcoin.
Komodo (KMD), is a platform that aims to develop the cryptocurrency ecosystem. They want to help secure third-party blockchains, increase the number of national cryptocurrencies, and maintain a bridge between fiat and crypto economies.
Building on top of what was learned from a previous project called Bitcoin Dark (BTCD), the Komodo team is reenergized in their vision. Their new and upgraded system Komodo will offer entirely anonymous transactions, and store them on the Bitcoin blockchain (using a mechanism called "dPOW").
Furthermore, they produced 32 different cryptocurrencies that are tied to national tenders; Komodo hopes to achieve a price-stable decentralized currency. These coins will help people that want to transition their valuables to the blockchain.
Official Website: https://komodoplatform.com
How to accept Komodo payments on your website?
CoinGate makes it easy to receive customer payments in most popular cryptocurrencies, including Komodo. 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 Komodo 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 Komodo 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).