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Author Topic: What platform do you use for cryptocurrency payments?  (Read 1480 times)

Offline NotATether

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Re: What platform do you use for cryptocurrency payments?
« Reply #15 on: November 07, 2024, 09:52:41 AM »
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.
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Re: What platform do you use for cryptocurrency payments?
« Reply #15 on: November 07, 2024, 09:52:41 AM »

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Offline Mr. Magkaisa

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Re: What platform do you use for cryptocurrency payments?
« Reply #16 on: November 07, 2024, 01:37:36 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?

        -     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.

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Re: What platform do you use for cryptocurrency payments?
« Reply #16 on: November 07, 2024, 01:37:36 PM »

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Re: What platform do you use for cryptocurrency payments?
« Reply #17 on: November 07, 2024, 06:03:54 PM »

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.
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Offline albon

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Re: What platform do you use for cryptocurrency payments?
« Reply #18 on: November 07, 2024, 06:54:21 PM »
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.

Offline bitcoin-shark

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Re: What platform do you use for cryptocurrency payments?
« Reply #19 on: November 07, 2024, 09:44:16 PM »
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
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Offline albon

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Re: What platform do you use for cryptocurrency payments?
« Reply #20 on: November 08, 2024, 03:16:17 PM »
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.

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Re: What platform do you use for cryptocurrency payments?
« Reply #21 on: November 08, 2024, 03:20:49 PM »
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.
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Re: What platform do you use for cryptocurrency payments?
« Reply #21 on: November 08, 2024, 03:20:49 PM »


Offline rizqillah

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Re: What platform do you use for cryptocurrency payments?
« Reply #22 on: November 09, 2024, 09:52:34 PM »
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.

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Re: What platform do you use for cryptocurrency payments?
« Reply #23 on: November 09, 2024, 10:01:07 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?

        -     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.

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Re: What platform do you use for cryptocurrency payments?
« Reply #24 on: November 10, 2024, 12:51:51 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?

        -     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.
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Re: What platform do you use for cryptocurrency payments?
« Reply #25 on: November 10, 2024, 01:15:06 PM »
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.
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Re: What platform do you use for cryptocurrency payments?
« Reply #26 on: November 15, 2024, 02:12:06 PM »
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.

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Re: What platform do you use for cryptocurrency payments?
« Reply #27 on: November 15, 2024, 07:19:39 PM »
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,
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Re: What platform do you use for cryptocurrency payments?
« Reply #28 on: November 15, 2024, 07:26:23 PM »
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
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Re: What platform do you use for cryptocurrency payments?
« Reply #29 on: November 15, 2024, 07:41:47 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.

 

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