Author: CoinPayments

ZYTH Token (ZYTH)

CoinPayments

ZYTH QUICK STATS: ZYTH token is the native digital currency of Uzyth. As stated on their website, Uzyth is an entire ecosystem of services designed to reward its users with their tokens based on their active participation in the platform.  Among the solutions you can find in Uzyth, are the following: Zyth Swap – A DEX powered by PancakeSwap and built on Binance Smart Chain. Zyth Stake – A reward program to earn ZYTH tokens by staking them. Zyth Market – A marketplace to purchase native non-fungible tokens. Zyth World…

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Accepting cryptocurrency payments; it’s easier than you think!

CoinPayments

You’ve got a business, it’s doing well, but you want to tap into a new audience, namely cryptocurrency holders.  Your product or service doesn’t have to be connected to cryptocurrency directly for you to engage this audience, they are just normal people who want the same items and services the rest of us do, they just would like to pay with their cryptocurrency.  Maybe you’ve got friends who are into digital currencies already, maybe you’ve just heard about the huge rise in the value of them, but you now know…

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The Future of Blockchain Technology in 2022

CoinPayments

With blockchain technology in the picture, a new perspective has come to light where trust and transparency have become the de facto requirements. However, in order to compete with the existing systems and meet the demands of our ever-connected world, blockchain now needs to take it one step further. Cue interoperability: Why do we need it? With so many blockchain platforms being introduced in the market, we have reached an autonomous ecosystem where they work in silos. As in, they work independently and do not share information.  Let’s consider a…

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CoinPayments Identity Verification (KYC) Tutorial – How to Complete Your Verification Process

CoinPayments

You are now only an easy process away from unlocking the full potential of your CoinPayments account Now you’ve created your account you need to complete the KYC (or “Know Your Customer”) process to provide us with the info we need to get you fully up and running.  The following is a step-by-step method to take you through that process, as well as demonstrate how to contact support should you encounter any issues.  Step 1:  After you log in to your account, you will see on your dashboard the notice…

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A Complete Guide to Altcoins

CoinPayments

There’s Bitcoin, and then there are the thousands of other cryptocurrencies you might see when you check out cryptocurrency price charts. These “altcoins” can be difficult to understand if you’re not already familiar with crypto. It can be tough to know whether you should accept altcoins for purchases on your e-commerce store. Today, let’s break down a complete guide to altcoins so you know what these cryptocurrencies are, how they work, and which tokens you might consider accepting as tender for your e-commerce business. Altcoins Explained Altcoins are defined in…

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Stablecoins: What You Need to Know

CoinPayments

If you’re a merchant, you’ve probably never heard of stablecoins as a digital currency. But if you are interested in utilizing crypto and digital assets for your business – whether it’s to accept payments from customers or use it to purchase new equipment – you’ll want to understand what stablecoins are and what they can do for you and your business.   Stablecoins – What Are They? In a nutshell, stablecoins are a type of cryptocurrency. But stablecoin activities are necessarily attached or “pegged” to a certain kind of stable reserve…

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NSUR Coin (NSUR)

CoinPayments

NSUR QUICK STATS: We are welcoming a new token joining the CoinPayments supported coin list: NSUR coin (NSUR). NSUR Coin is the first and only deflationary, high-utility, and digital reward token created by NSUR Inc: a wellness-focused network and loyalty rewarding platform. The BEP-20 token was launched on December 16, 2021. Its smart contract has been audited by CertiK and is available on the BSCscan website. The main purposes of the token are: Offering real-world value. Rewarding NSUR Community members for transacting with the merchant network. Allowing purchases of wellness-related…

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The Evolution of Money: Origin and Stages Over Time

CoinPayments

We all use money every day, but we barely give a thought as to its purpose, its history, or why money evolved from a basic barter system to numbers on a computer screen. That’s a shame because the evolution of money is a fascinating subject. Understanding how money began and evolved can help you better understand how new forms of currency, like crypto tokens, function for trade. Today, let’s break down the evolution of money in detail, going over its origin and its stages over time. What Was the Original…

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Cardano coin (ADA)

CoinPayments

ADA QUICK STATS: Cardano (ADA), one of the leading cryptocurrencies in the market, has joined our supported coins list. All merchants would be able to store, send, and receive crypto payments in ADA from now on. ADA is the native cryptocurrency of Cardano, a proof-of-stake blockchain designed to be a flexible, sustainable, and scalable platform for running smart contracts. These programmable contracts allow developing a wide range of DeFi apps, new crypto tokens, games, and more innovations. On the other hand, ADA tokens are considered digital currencies that can be…

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