CoinPayments, Author at CoinPayments Blog

Stakenet Coin (XSN)

April 30, 2021February 2, 2022 CoinPayments

XSN QUICK STATS: What is XSN? XSN is the native cryptocurrency of Stakenet that powers its decentralized applications. Powered by a Proof of Stake blockchain with Lightning Network and Masternodes, XSN is able to interact with other blockchain networks. Users that stake this cryptocurrency will be able to earn rewards in Bitcoin and other coins, thanks to Stakenet’s cross-chain PoS technology. Another unique feature about XSN is that it is one of the first coins to ever perform Lightning Network Cross-Chain Atomic Swaps, which are the foundation of Stakenet DEX.…

Simplify your Wallet Address with a Blockchain Domain Name, now available on CoinPayments

April 27, 2021November 7, 2021 CoinPayments

Their name says it all… Unstoppable Domains. A powerful name for a company aimed at driving adoption by making cryptocurrency transfers easy. Together with leading cryptocurrency payment processor CoinPayments, this unstoppable pair is streamlining the process to pay with crypto. Unstoppable Domains enables users to create blockchain domains, which can be used to simplify crypto payments. A blockchain domain replaces the complex letters and numbers of cryptocurrency addresses with a simple name that the user can choose. For example, if I want to send Bitcoin to someone, I have to…

Why Merchants Need to Start Accepting Cryptocurrency Payments – Jason Butcher | eCom Ops podcast

April 21, 2021November 7, 2021 CoinPayments

CoinPayments CEO Jason Butcher recently joined Norbert Strappler on The eCom Ops podcast to discuss the evolution of cryptocurrencies and how they’re reimagining the future of commerce, easing operations, and streamlining transaction fees for merchants and users alike. Today, we’re breaking down some of the key takeaways from the discussion. Cryptocurrency adoption is at all-time highs According to recent data, cryptocurrency adoption has settled into its fourth stage — acceptance. Today, there is a larger amount of cryptocurrency users than ever before. The rise of cryptocurrency adoption comes as no…

BTCBAM

April 19, 2021November 7, 2021 CoinPayments

BTCBAM QUICK STATS: What is BTCBAM? With the goal of becoming the first coin that is used as collateral to provide investment capital to investors and entrepreneurs through Spektral Bank Investment Bank, BTCBAM’s vision is to create a platform that allows anyone to earn through mining. BTCBAM is a Vienna-based cryptocurrency mining company that managed to secure a partnership with a bank that acquired 25% shares of BTCBAM. According to the company’s Whitepaper, a total of 21 million coins will be produced and distributed among its users. Based on SHA-256…

What You Need to Know About Gas Fees

April 19, 2021November 7, 2021 CoinPayments

What is gas? Gas is a transaction fee paid by users to compensate for the computing energy required to process and validate transactions on the Ethereum blockchain. There are two main components: Gas Price and Gas Limit. Gas Price – The price per unit of gas is denoted in small fractions of the cryptocurrency Ethereum, called GWEI. GWEI is equivalent to ETH in the way that a penny is equivalent to the dollar; it is the smallest denomination of the currency. Gas Limit – Gas limit refers to the maximum…

SMG Token (SMG)

April 15, 2021November 7, 2021 CoinPayments

There is a new player in the world of crypto payment solutions. As a part of the whole SMG ecosystem, SMG Token is an ERC-20 cryptocurrency that you can use to make payments, store in your wallet, and send to whoever you need.

BTAP Token (BTAP)

April 12, 2021April 14, 2021 CoinPayments

BTAP Token is an ERC-20 utility token created by BTA Protocol as a part of their digital Knowledge Economy. Being the native token across all BTA Protocol’s dApps, BTAP is meant to incentivize learning, teaching, and participating in collaborative community work.

Curate Token (XCUR)

April 9, 2021November 7, 2021 CoinPayments

Curate Token (XCUR) is a reward-based cryptographic token created for utility purposes and distributed on the Curate marketplace app as a primary reward token. With the original total supply of 10M tokens, 15% of it was burnt in 2020, and each subsequent year the company is planning to burn 10% until only 5M XCUR remains.

Non-Fungible Tokens (NFTs): All You Need to Know

March 30, 2021November 7, 2021 CoinPayments

NFTs are assets minted onto the blockchain that are unique. In contrast to fungible assets, like global currencies that are mutually interchangeable, non-fungible tokens cannot be traded for something of “equal value,” as their value is dependent on market demand. Think, collectibles: whereas to some, they may seem worth next-to-nothing, to others, they can be highly sought-after products.