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Author Topic: What platform do you use for cryptocurrency payments?  (Read 1445 times)

Offline Cryptsafe

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Re: What platform do you use for cryptocurrency payments?
« Reply #30 on: November 15, 2024, 07:42:56 PM »
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.
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Re: What platform do you use for cryptocurrency payments?
« Reply #30 on: November 15, 2024, 07:42:56 PM »

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Offline legend45

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Re: What platform do you use for cryptocurrency payments?
« Reply #31 on: November 15, 2024, 08:00:47 PM »
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.
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Re: What platform do you use for cryptocurrency payments?
« Reply #31 on: November 15, 2024, 08:00:47 PM »

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Re: What platform do you use for cryptocurrency payments?
« Reply #32 on: November 15, 2024, 08:06:09 PM »
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.

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Re: What platform do you use for cryptocurrency payments?
« Reply #33 on: November 15, 2024, 09:07:05 PM »
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.

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Re: What platform do you use for cryptocurrency payments?
« Reply #34 on: November 15, 2024, 09:45:04 PM »
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
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Re: What platform do you use for cryptocurrency payments?
« Reply #35 on: November 16, 2024, 11:44:24 AM »
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.

 

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