CoinPayments, Author at CoinPayments Blog

SRK Token (SRK)

March 18, 2021February 2, 2022 CoinPayments

Created three years ago, SRK is the native utility token of SparkPoint, the company whose vision is to encourage people to participate in digitizing payment transactions by providing inclusive financial services integrated with blockchain technology. Deployed on the Ethereum blockchain, SRK token currently has a total supply of 14 billion tokens. According to SparkPoint, it plans to reduce the supply to 10 billion through a series of “token burning” events and “buy back” programs.

Businesses Need to Offer More Payment Options to Customers – Jason Butcher | eCommerce Master Plan Podcast

March 17, 2021November 7, 2021 CoinPayments

CoinPayments CEO Jason Butcher was recently interviewed by Chloë Thomas in the eCommerce Master Plan podcast, where they had an interesting conversation about the future of payments and discussed the latest opportunities available to Ecommerce businesses. Here’s a little sneak peek into their discussion: Chloë Thomas: How did you end up in the world of payment solutions? Jason Butcher: In the early 90’s, I was involved in a company called World Shopping Network (WSN) and we were really at the forefront of the Ecommerce space. In the 2000s, I developed…

Crypto Wallet 101: How to Get Started

March 12, 2021November 7, 2021 CoinPayments

Welcome to the world of cryptocurrency wallets Although crypto wallets may be new to some, the number of blockchain wallet users has increased 240% over the past three years, according to Wirex. So what exactly are they? A cryptocurrency wallet allows you to receive, send, and store cryptocurrencies by managing the secret codes (called “keys”) that allow you to use digital currency. There are two types of keys held in your wallet: Public and Private. Public Keys A public key is like your email address. Just like you need an…

International Women’s Day Special: How and Why the Crypto World is Embracing More Women

March 7, 2021November 7, 2021 CoinPayments

International Women’s Day, March 8, is a global day celebrating the social, economic, cultural, and political achievements of women. The Women’s Day 2021 campaign theme is #ChooseToChallenge, with the mission to help create a more inclusive world.

Merchants & Swipe Fees: How Accepting Crypto Can Help Businesses Save More

March 4, 2021November 7, 2021 CoinPayments

Merchants had to adapt quickly, as shopping online became (virtually) the only way to shop. However, now, as lockdown restrictions are slowly lifting and business owners gear up for a return to semi-normalcy, there’s a new obstacle that needs to be overcome: hiking swipe fees. Swipe fees add up: a burgeoning cost for merchants This upcoming April, major card processors like Visa and Mastercard plan to raise interchange fees for merchants – also known as swipe fees. For every transaction, merchants are required to pay interchange fees to card-issuing banks.…

Oduwa Coin (OWC)

February 25, 2021November 7, 2021 CoinPayments

The creators of Oduwa Coin have brought us their efficient digital payment ecosystem. Built on the foundation of hybrid blockchain POW/POS, Oduwa Coin is a cryptocurrency network that uses peer-to-peer technology to settle the transactions within its platform and eliminate the transaction fees between the OWC users.

How to Market Your Ecommerce Business to Crypto Users

February 23, 2021November 7, 2021 CoinPayments

Already accepting crypto? Great! You’re ready to attract new customers With all the attention now on cryptocurrencies, the middle of February brought some coins to new heights. The Ethereum price went up to $1,900, while Bitcoin soared to another ATH of $51,000 on February 18th. There’s also been a growing interest in stablecoins with central banks exploring ways to integrate them into the existing financial system. If you already accept crypto payments, then you’re on the right track. Now it’s time to market your products and services to a wider…

Silver Short Squeeze? How Technology, Blockchain Revives Precious Metals Markets

February 17, 2021November 7, 2021 CoinPayments

Precious metals veteran David Morgan comments On February 1st, as the trading session opened for the week, the price of silver rose to an eight-year high above $30 an ounce. In the weekend preceding the price action, David Morgan, publisher of the Morgan Report, told his Twitter followers that silver dealers were experiencing demand like never before. The precious metals aficionado has decades of industry experience and has seen it all: from silver’s highest price near $48 an ounce, to its most dramatic bear market ever. We spoke with him…

Understanding Dogecoin: Crypto that Started as a Joke

February 9, 2021June 3, 2022 CoinPayments

CoinPayments - Understand Cryptocurrency That Started As A Joke

Palmer’s Twitter account has since been deleted and Markus is no longer affiliated with the project. Still, the movement has gained traction since its inception over seven years ago. In the late hours on the eve of February, #dogecoinarmy climbed to the number-one trending hashtag on Twitter in the United States. We’re here to break down the dogecoin frenzy, tracing it back to its roots, and tracking notable developments since its early origins. Doge: Yes, like the meme Self-proclaimed “the internet currency,” dogecoin, pronounced dohj-koyn, was dubbed after the meme…