Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Jujuboy on November 04, 2024, 04:42:11 AM
-
With cryptocurrency now being accepted in places like El Salvador, Switzerland, and many other countries around the world, we’re seeing a growing number of payment platforms offering various advantages.
I’m currently exploring some options to find the one that best suits my needs, as I’d like to make most of my transactions through crypto and put its use cases to the test. I believe that in no time, even more countries will adopt crypto payments. What are your thoughts on making payments with crypto, and which platform does you prefer?
-
Not your key not your coin unless you are a trader and think of spending the profit you made on exchanges instead of transferring it to a noncustodial wallet. But aside that, make sure you leave your money not on exchanges but on noncustodial wallet. So the transaction will be made on noncustodial wallet.
I prefer to use Electrum, Sparrow, Bluewallet for bitcoin. I also use Unstoppable wallet for bitcoin but not all the time. For altcoins I prefer to use Unstoppable wallet.
-
What do you mean by the platform? Wallets or marketplaces where you can spend bitcoin and cryptos to purchase something you want.
In my country I can't spend bitcoin as it is, I have to use it as giftcards if I really want to purchase but that's inconvenient for me so I just stack until the opportunities comes but in your country the things might be different.
I can give some online stores which accept crypto: https://bitpay.com/directory/
-
With cryptocurrency now being accepted in places like El Salvador, Switzerland, and many other countries around the world, we’re seeing a growing number of payment platforms offering various advantages.
I’m currently exploring some options to find the one that best suits my needs, as I’d like to make most of my transactions through crypto and put its use cases to the test. I believe that in no time, even more countries will adopt crypto payments. What are your thoughts on making payments with crypto, and which platform does you prefer?
In my geographical area, payment for good and service has not started yet, but I think in near future many online stores and big business will start using crypto as payment options.
Making payments with crypto is the best, though I have not started using it but there are testimonies from many users globally that has shown that crypto payment transactions is seamless, fast, and convenient.
In my opinion, Cryptocurrency transactions are far better than faits, a lot of transactions charges are associated with faits, and this is one of the reasons crypto transactions to he number one options, very reliable and cheap.
-
If you mean payment gateway or processor when you say "payment platforms", there are many choices such as BTCPay, Coinbase Commerce and Bitpay. I've seen some of them being used by services i use which accept Bitcoin.
-
If you mean payment gateway or processor when you say "payment platforms", there are many choices such as BTCPay, Coinbase Commerce and Bitpay. I've seen some of them being used by services i use which accept Bitcoin.
Indeed, Bitcoin payments can be integrated into a website using many payment processing systems and all of them have their strengths. The options listed above have indeed been adopted in many sectors and it becomes easier for us to make payments securely and effectively and such options are getting more acceptance by various sevices which supports digital currencies.
Since these platforms are available, we have the ability to select the appropriate service to use. Each provides ease in handling out Bitcoins, so we can enhance every single transaction on the existing platform.
-
In my country there is no platform that provides payments in crypto currency... if I want to shop I usually use dollars, every time I get bitcoin or altcoin I immediately convert it into dollars so I can shop for my personal and family needs... but I just discovered yesterday The platform builds an Artermis company which runs in the shopping sector like eBay and Amazon. I'm the only company that makes payments using crypto currency and maybe the application will appear in early December.
-
With cryptocurrency now being accepted in places like El Salvador, Switzerland, and many other countries around the world, we’re seeing a growing number of payment platforms offering various advantages.
I’m currently exploring some options to find the one that best suits my needs, as I’d like to make most of my transactions through crypto and put its use cases to the test. I believe that in no time, even more countries will adopt crypto payments. What are your thoughts on making payments with crypto, and which platform does you prefer?
But I hope crypto adoption rate in your country is similar or close to that of El Salvador and the others?, Because I really doubt if you can achieve such when you live in a country that doesn't use crypto that much. Not every every business in every countries really accepts crypto as payment options, but let's just assume you know that.
As for various platform you've asked, non custodial wallets are more secure, and I believe the first reply above made mention of few that are less expensive. You should probably try them out.
-
What are your thoughts on making payments with crypto, and which platform does you prefer?
I like paying with crypto for privacy reasons. Although of course, it's not widely accepted but sites like Bitrefill have made it easier to spend crypto — you purchase Amazon gift card and it's literally a place to get a-z items, you can also pay utility bills.
Regarding platform, I don't understand what you mean by that.
-
It is always safest to use a non-custodial wallet for cryptocurrency payments or holdings because once a transaction is completed in crypto, it cannot be reversed and only through the wallet you cannot identify anyone and if a platform gives you your crypto Even in case of rejection you cannot get it back which is why you need to use a wallet that has full control only with you. There is a saying in the field of crypto, not your key not your crypto. This is why I always use non-custodial wallets and decentralized platforms
-
Crypto payments are quite interesting especially if crypto is a legally accepted payment method in your region or country. The fact is currently, majority of online payment portals now that are legit have crypto currencies as part of their accepted payment options. However most cases , the payment options for crypto are usually limited to popular crypto currencies. The most I usually come across is USDT and Bitcoin.
The most important aspect of crypto payments is mostly the removal of that currency barrier. Sometimes the service or item you are paying for may not be priced in your own local currency and instead of trying to buy their currency with yours, you can just make use of crypto to pay saving both conversion stress and fees.
-
I use some of our local exchanges/custodial wallets for payment purposes. I don't particularly have a favorite or a preference when it comes to a crypto payment platform because almost all of them are the same anyways. They just dress up differently to make it look like they are unique ;D
-
I believe that in no time, even more countries will adopt crypto payments. What are your thoughts on making payments with crypto, and which platform does you prefer?
Payment using crypto is really fun, for altcoin usage I usually use custodial wallet to pay for it, the balance in custodial wallet is never much, and the amount only depends on how much I need to pay for something... in this case the last time I used altcoin wallet to pay was TrustWallet... I exchange my BTC for altcoin in an amount that is enough to pay, never store for a long time and in large amounts in the custodial wallet. and if there is payment using Bitcoin, then Electrum is one of my favorite wallets or if using mobile, I often use BlueWallet...
-
It is always safest to use a non-custodial wallet for cryptocurrency payments or holdings because once a transaction is completed in crypto, it cannot be reversed and only through the wallet you cannot identify anyone and if a platform gives you your crypto Even in case of rejection you cannot get it back which is why you need to use a wallet that has full control only with you. There is a saying in the field of crypto, not your key not your crypto. This is why I always use non-custodial wallets and decentralized platforms
I am also agree with your comment in this post. We also know that there are many platform are stable in cryptocurrency market. We can use this platform for cryptocurrency payment in cryptocurrency world. I also think that noncustodial wallet will be best prefer for us. Because we know that noncustodial wallet is also will be best helpful for cryptocurrency payment. Few days ago we also received a payment in x empire project. We can received this payment by bitcoin, so i believe that it also be best way to received payment from cryptocurrency.
-
I’m currently exploring some options to find the one that best suits my needs, as I’d like to make most of my transactions through crypto and put its use cases to the test. I believe that in no time, even more countries will adopt crypto payments. What are your thoughts on making payments with crypto, and which platform does you prefer?
What kind of transaction are you trying to make though? Have you tried looking at websites such as kycnotme to see whether those services are required for your activities? Mentioning your region/country would probably help determine how many options are available near where you live unless you're looking strictly for international services.
As for payment platforms, I don't think you can't really choose them as a customer unless you have alternatives. Based on my experience, most stores use 1 payment provider most of the time to save cost. It's hard to imagine they'd run BTCPay Server and Coinpayments at the same time, for example. CMIIW.
-
What do you mean, what platform? You don't need a platform to send payments, or even to receive payments. But payment gateways can make things so much easier if you want to accept many cryptocurrencies at once. Although the number of open (as in, no KYC needed) payment gateways are limited. Most of those only support Bitcoin or only support Ethereum.
-
With cryptocurrency now being accepted in places like El Salvador, Switzerland, and many other countries around the world, we’re seeing a growing number of payment platforms offering various advantages.
I’m currently exploring some options to find the one that best suits my needs, as I’d like to make most of my transactions through crypto and put its use cases to the test. I believe that in no time, even more countries will adopt crypto payments. What are your thoughts on making payments with crypto, and which platform does you prefer?
- In my case, since I'm doing trade activity, most of the time I'm using an exchange, and if I convert crypto to fiat, it's with the p2p features of the exchange I'm doing my trading activity with. And if I also hold other crypto assets, I use wallets like Trustwallet and OKC wallet electrum if I save bitcoin.
Also, if you are going to use an exchange, it is better to use those that have been tested in the field of cryptocurrency, such as Kucoin, Binance, Mexc, Bitget,
Bybit OKX, and Bingx.
-
I’m currently exploring some options to find the one that best suits my needs, as I’d like to make most of my transactions through crypto and put its use cases to the test. I believe that in no time, even more countries will adopt crypto payments. What are your thoughts on making payments with crypto, and which platform does you prefer?
I'm using Bitpay on Namecheap when buying and renewing domains and also on my hosting, and using Coins.ph as my local exchange when purchasing in a local shops that accepts Cryptocurrency
Many countries and companies are already adopting cryptocurrency but not to the level that it can compete to traditional payment system like Paypal, bank and credit cards, hopefully in the future this will change.
-
Which cryptocurrency payment to use depends on the vendor and what they support. While a limited but substantial number of companies accept cryptocurrency payments directly so others accept bitcoin and other tokens through third party apps. Moreover, retailers in many countries accept bitcoin as a secure way to pay for goods and services. There are also many online shops that accept crypto directly. Soon crypto will gain acceptance in all countries then we will see its use in various fields.
-
I always prefer to have control of my finances, so I would opt for apps on my mobile phone, say bluewallet for bitcoin and trust wallet (even if it is not decentralized) for the other altcoins
-
I always prefer to have control of my finances, so I would opt for apps on my mobile phone, say bluewallet for bitcoin and trust wallet (even if it is not decentralized) for the other altcoins
Of course trust wallet is always best for holding altcoins and as far as security is concerned, it implements security features like encryption, pin code and seed phrase backup. The importance of a reliable and secure wallet is crucial in the ongoing and ever-changing cryptocurrency scene. Trust wallets are usually distinguished by intelligence and proactivity with a highly intuitive interface and strong security measures. Also its simple design ensures that people new to the cryptocurrency domain can easily explore its offerings.
-
I always prefer to have control of my finances, so I would opt for apps on my mobile phone, say bluewallet for bitcoin and trust wallet (even if it is not decentralized) for the other altcoins
Trust wallet is an open source that's why I don't like it and there has been many reports of loss funds from the wallets but the team always disregard the information and we can't really say for certain if this allegations were true or false because it's an open source and an outsider can't do much to investigate on the matter because the source code is not open for public.
I like Blue wallet but I prefer electrum wallet because the wallet is light and very easy to use. The only thing I'm anticipating on see in Electrum wallet is the pay to taproot address support so one can explore new updates on Bitcoin network.
-
I always prefer to have control of my finances, so I would opt for apps on my mobile phone, say bluewallet for bitcoin and trust wallet (even if it is not decentralized) for the other altcoins
Of course trust wallet is always best for holding altcoins and as far as security is concerned, it implements security features like encryption, pin code and seed phrase backup. The importance of a reliable and secure wallet is crucial in the ongoing and ever-changing cryptocurrency scene. Trust wallets are usually distinguished by intelligence and proactivity with a highly intuitive interface and strong security measures. Also its simple design ensures that people new to the cryptocurrency domain can easily explore its offerings.
So far I have been using trust wallet and it is fine, because my assets are still safe. Although there are stories from friends about the risks, as long as we take good care of our wallet by not linking it to dangerous links, I think trust wallet is still safe.
I use TW because I think it is simpler and easier to use.
-
With cryptocurrency now being accepted in places like El Salvador, Switzerland, and many other countries around the world, we’re seeing a growing number of payment platforms offering various advantages.
I’m currently exploring some options to find the one that best suits my needs, as I’d like to make most of my transactions through crypto and put its use cases to the test. I believe that in no time, even more countries will adopt crypto payments. What are your thoughts on making payments with crypto, and which platform does you prefer?
- In my case, since I'm doing trade activity, most of the time I'm using an exchange, and if I convert crypto to fiat, it's with the p2p features of the exchange I'm doing my trading activity with. And if I also hold other crypto assets, I use wallets like Trustwallet and OKC wallet electrum if I save bitcoin.
I only Electrum wallet since I started my Bitcoin journey. Although there are a lot of wallets that has been created or developed, only wallets that I used by I still prefer Electrum.
Also, if you are going to use an exchange, it is better to use those that have been tested in the field of cryptocurrency, such as Kucoin, Binance, Mexc, Bitget,
Bybit OKX, and Bingx.
Bitget, Bybit, OKX is fine, again this is just base on my experience. Binance too, but it's currently ban in our country. Of course our local exchange of Coins.ph, and then Gcrypto and PDAX.
-
With cryptocurrency now being accepted in places like El Salvador, Switzerland, and many other countries around the world, we’re seeing a growing number of payment platforms offering various advantages.
I’m currently exploring some options to find the one that best suits my needs, as I’d like to make most of my transactions through crypto and put its use cases to the test. I believe that in no time, even more countries will adopt crypto payments. What are your thoughts on making payments with crypto, and which platform does you prefer?
- In my case, since I'm doing trade activity, most of the time I'm using an exchange, and if I convert crypto to fiat, it's with the p2p features of the exchange I'm doing my trading activity with. And if I also hold other crypto assets, I use wallets like Trustwallet and OKC wallet electrum if I save bitcoin.
I only Electrum wallet since I started my Bitcoin journey. Although there are a lot of wallets that has been created or developed, only wallets that I used by I still prefer Electrum.
Also, if you are going to use an exchange, it is better to use those that have been tested in the field of cryptocurrency, such as Kucoin, Binance, Mexc, Bitget,
Bybit OKX, and Bingx.
Bitget, Bybit, OKX is fine, again this is just base on my experience. Binance too, but it's currently ban in our country. Of course our local exchange of Coins.ph, and then Gcrypto and PDAX.
Some wallets used are quite good, right we also have to be able to distinguish between Altcoin wallets or Bitcoin wallets. That way we can manage all assets well. Electrum is a widely used Bitcoin wallet and until now it is still quite safe. While if we use an exchange wallet then it is very dangerous, One of them We have to remember some of the problems of exchange places like MtGox and others that harm many of their users.
-
I completely agree that cryptocurrency use is growing fast with countries like El Salvador and Switzerland leading way. It is exciting to see payment platforms adapting to meet this growth. When using crypto for payments I think it offers four main benefits security speed lower fees and global access. Popular platforms like Coinbase and Binance Pay are gaining traction but best choice depends on individual needs like fees and ease of use and supported cryptocurrencies.
-
I completely agree that cryptocurrency use is growing fast with countries like El Salvador and Switzerland leading way. It is exciting to see payment platforms adapting to meet this growth. When using crypto for payments I think it offers four main benefits security speed lower fees and global access. Popular platforms like Coinbase and Binance Pay are gaining traction but best choice depends on individual needs like fees and ease of use and supported cryptocurrencies.
Through using the emerging cryptocurrencies, the world is slowly transforming the way it transacts with other nations including El Salvador and Switzerland. Existing payment platforms that successfully transition to support this type of technology is a massive advantage wherever we get advantages such as enhanced security, fast processing, efficient fee structure, and seamless access to various parts of the world. With features like Coinbase and Binance Pay already being developed, we have the chance to select the option most appropriate for need, making transactions and fees remain as smooth and functional as possible while supporting virtually all the known types of cryptocurrencies.
-
I completely agree that cryptocurrency use is growing fast with countries like El Salvador and Switzerland leading way. It is exciting to see payment platforms adapting to meet this growth. When using crypto for payments I think it offers four main benefits security speed lower fees and global access. Popular platforms like Coinbase and Binance Pay are gaining traction but best choice depends on individual needs like fees and ease of use and supported cryptocurrencies.
El Salvador and Switzerland as pioneers of the first countries to allow crypto as a means of payment there. Other countries have not allowed their citizens, but there they have.
Currently, several countries have started to allow bitcoin and crypto, I am very grateful for this. because there are many advantages offered by crypto.
We can make transactions at any time without a third party,
-
I completely agree that cryptocurrency use is growing fast with countries like El Salvador and Switzerland leading way. It is exciting to see payment platforms adapting to meet this growth. When using crypto for payments I think it offers four main benefits security speed lower fees and global access. Popular platforms like Coinbase and Binance Pay are gaining traction but best choice depends on individual needs like fees and ease of use and supported cryptocurrencies.
El Salvador and Switzerland as pioneers of the first countries to allow crypto as a means of payment there. Other countries have not allowed their citizens, but there they have.
Currently, several countries have started to allow bitcoin and crypto, I am very grateful for this. because there are many advantages offered by crypto.
We can make transactions at any time without a third party,
Crypto is a good method for payment anonymously but their has many risk because crypto is highly volatile so if you hold crypto for any payments then your net worth against doller can increase and also can decrease at any time. so it can be bring a bad experience for you when you go for a important and argent payment. you can choice stablecoin in crypto network then it will be perfect. Bitcoin and another crypto coin is not for just payment. those coins are investment assets so you can invest there to get profit. and always use a Decentralized wallet for holding crypto then you get the full access for that crypto
-
What do you mean, what platform? You don't need a platform to send payments, or even to receive payments. But payment gateways can make things so much easier if you want to accept many cryptocurrencies at once. Although the number of open (as in, no KYC needed) payment gateways are limited. Most of those only support Bitcoin or only support Ethereum.
I think a platform that accepts cryptocurrency payments is needed because the era is getting more sophisticated and technology wants to change the world so that people don't have to bother to get what they want such as goods or services and so on, with the existence of cryptocurrency payments people will be easier without having to take a long time. Soon there will be a trading platform like Amazon, which has more features and payments using cryptocurrency.
-
OP when you talk about platform, do you mean exchange wallet or noncustodial wallet because that aspect or area of your comment is not clear but as for me, I would prefer using or paying from my noncustodial wallet because that one gives me control over my transaction and if I am to chose, I'll prefer to use electrum wallet as that is very much convenient for me.
I will prefer to use this Wallet because I would not want my transaction to be monitored by the exchange if in the future anything happens I know that my transactions are private and secondly I do not know what might be the status of the receiving wallet in the future as well and if anything happens, my privacy would be protected but if paid from exchange, they would definitely have details of my transaction to either freeze my account for what I know nothing about or come after me. So it's good to choose wisely the wallet from where you use for business payment.
-
What do you mean, what platform? You don't need a platform to send payments, or even to receive payments. But payment gateways can make things so much easier if you want to accept many cryptocurrencies at once. Although the number of open (as in, no KYC needed) payment gateways are limited. Most of those only support Bitcoin or only support Ethereum.
I think a platform that accepts cryptocurrency payments is needed because the era is getting more sophisticated and technology wants to change the world so that people don't have to bother to get what they want such as goods or services and so on, with the existence of cryptocurrency payments people will be easier without having to take a long time. Soon there will be a trading platform like Amazon, which has more features and payments using cryptocurrency.
I am also waiting for a platform that uses crypto as payment in my country, because until now there is none. If it exists, it will make it easier for us to transact. Crypto offers progress and convenience, the platform should be there soon.
-
Well, this really depends on where you are at and there are actually a lot of options from other countries whether you prefer centralized or non-custodial wallets. But since I am in my home country and payment platforms here are different from others I personally hold few dollars worth of crypto on a centralized one but most of the time my funds are stored in hot wallets which is much safer and has cheaper fees.
-
Well, this really depends on where you are at and there are actually a lot of options from other countries whether you prefer centralized or non-custodial wallets. But since I am in my home country and payment platforms here are different from others I personally hold few dollars worth of crypto on a centralized one but most of the time my funds are stored in hot wallets which is much safer and has cheaper fees.
I keep my crypto assets in a cold wallet that I plan to hold for the long term. As for trading, I keep them on an exchange wallet.
I also keep some meme coins on a hot wallet because I use them for short and medium term investments.
It all depends on our respective considerations.
-
With cryptocurrency now being accepted in places like El Salvador, Switzerland, and many other countries around the world, we’re seeing a growing number of payment platforms offering various advantages.
I’m currently exploring some options to find the one that best suits my needs, as I’d like to make most of my transactions through crypto and put its use cases to the test. I believe that in no time, even more countries will adopt crypto payments. What are your thoughts on making payments with crypto, and which platform does you prefer?
Buying things with crypto is not difficult today. you can buy anything with crypto by using official platforms and by using third parties for example there is a project on BTT that allow users to buy products from Amazon by paying in cryptocurrency.
It also maintains the anonymity of the user. There are hundred of such platform which you can use to test and buy things online. If you want to buy gift card, subscriptions etc then this thread created on BTT can help you.
https://bitcointalk.org/index.php?topic=5208530.0
-
Well, this really depends on where you are at and there are actually a lot of options from other countries whether you prefer centralized or non-custodial wallets. But since I am in my home country and payment platforms here are different from others I personally hold few dollars worth of crypto on a centralized one but most of the time my funds are stored in hot wallets which is much safer and has cheaper fees.
I keep my crypto assets in a cold wallet that I plan to hold for the long term. As for trading, I keep them on an exchange wallet.
I also keep some meme coins on a hot wallet because I use them for short and medium term investments.
It all depends on our respective considerations.
The measures selected as a means of storing the crypto assets appear lo seem right. Storing primary assets in a cold wallet is always advisable to protect the portfolio to ensure maximum safety while storing assets for trading in an exchange wallet as this will enable fast trade. It’s also important that meme coins be stored in hot wallet for short to mid-term investment; this is also relevant to the impacts that some transactions needs to be flexible as well. Finally, this choice is brought down to our next comfort level and in line with our objectives to attain.