Author: CoinPayments

The Rise of Crypto Spenders: How Businesses Can Attract New Customers in 2021

CoinPayments

HODL on: a guiding principle for crypto-enthusiasts “Hold on for dear life,” or HODL, has been a mantra in the cryptocurrency community since 2013. The phrase is typically used to support an approach whereby cryptocurrency holders are deterred from trading or selling their coins, to rather preserve their holdings in anticipation of rising prices as adoption increases. The term is believed to have originated as a typo, yet HODL has evolved to symbolize an influential movement that has picked up pace in recent years.  “HODL, however, is not a simple…

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SRK Token (SRK)

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.

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

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…

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Crypto Wallet 101: How to Get Started

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…

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

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.

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

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.…

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How to Market Your Ecommerce Business to Crypto Users

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…

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

CoinPayments
CoinPayments Silver's Short Squeeze

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…

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