Accept Reddcoin RDD

Accept Reddcoin Payments

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

About Reddcoin

Reddcoin (RDD) is a peer-to-peer cryptocurrency that is designed for use on social media. Their proprietary software allows anyone to receive, send, and mint Reddcoin. They use a protocol called Proof of Stake Velocity (PoSV) to secure the network, without the use of miners.

As part of their package, you can enable your social media profiles to accept Reddcoin micro-donations, and supplement your income as a content creator. Also, you can connect all of your social media accounts to one platform called Redd-ID.

You can download their wallet on the official website, and use it to communicate with other people using Reddcoin in the world. RDD is a solution that is easily comparable to Patreon, a membership platform often used by YouTubers.

Official Website: http://www.reddcoin.com/

How to accept Reddcoin payments on your website?

CoinGate makes it easy to receive customer payments in most popular cryptocurrencies, including Reddcoin. 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 Reddcoin 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 Reddcoin 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).