How a Bitcoin Transaction Works

Within the last few years, Bitcoin (BTC) has become an incredibly popular currency, and not a day goes by without making headlines.  More and more people learn about Bitcoin and its many benefits for consumers, merchants, and national economies every day. But despite its seeming ubiquity, not everyone is familiar with Bitcoin’s algorithm or how a Bitcoin transaction works.  CoinPayments explains the inner workings of a simple Bitcoin transaction below and provides a foundational vocabulary for understanding the crypto market and Bitcoin network. Important Definitions For Understanding a Bitcoin Transaction…

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How To Accept Bitcoin for ECommerce

Introduction Bitcoin is almost synonymous with the rise of cryptocurrency in the public imagination. From its humble beginnings in 2009 to its bumps and staggers until 2017, when it truly became the giant it is today, it has always been an intriguing case study in cryptocurrency. It is the most popular cryptocurrency, so then comes the question: what can you do with it?  Well, unsurprisingly, you can use it as currency. Business owners need to consider accepting Bitcoin and other digital currencies on their eCommerce platform. This article will explain…

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Set Up An Ethereum Wallet: Tips and Tricks

Ethereum is an extremely popular cryptocurrency. As one of the many cryptocurrencies available today – among them Bitcoin, Litecoin, Dash, Ripple, and Dogecoin – it was originally developed to help with cloud-based processing to execute code. However, it is now one of the most popular cryptocurrencies traded and mined today.  If you are considering setting up an Ethereum wallet, there are some tips and tricks to know that will help you figure out what’s best for you. Let us take the guesswork out of setting up a crypto wallet for…

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What is Cryptocurrency: Ecommerce Guide

The Radical Novelty of Cryptocurrency About a decade ago–seemingly out of nowhere–cryptocurrency emerged, shifting the global population’s perspective of currency. For the first time ever, there was a completely virtual global currency that had a uniform worth.  Similar to how electronic payments revolutionized the payment world–dethroning cash from its monopoly of popularity–cryptocurrency has opened up a new future of financial freedom for many. The more popularity it garners, the more widely accepted it becomes. In some places, crypto is a standard payment method in coffee shops, restaurants, and retail stores.…

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Payment Processing for eCommerce 101

Payment Processing Crypto for a New World With the rise of eCommerce and the transformation of the global retail industry after the COVID-19 pandemic, many small businesses are running around trying to figure out how to pivot their business to be either completely online or at least semi-online. Some of them have begun accepting cryptocurrency as a form of payment.   This is where a payment processor comes into play. Any business that wants to sell products or services online will need to partner with a processor to accept payments securely,…

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How to Buy Bitcoin With a Credit or Debit Card: Step-by-Step

Buying Bitcoin With a Credit or Debit Card Ranked second by Entrepreneur in its list of Top 10 Crypto Payment Gateways for 2021, CoinPayments is a global cryptocurrency payment platform that makes crypto transactions fluid and safe for the individual consumer while advantageous and effortless for the business owner. Now CoinPayments has enabled online purchases of cryptocurrency with credit or debit cards to make the process even more seamless.  This new feature allows purchases of popular cryptocurrencies, like Bitcoin (BTC), Tether (USDT), Tron (TRX), Dai (DAI), Basic Attention Coin (BAT),…

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Accepting Bitcoin and Cryptocurrencies on Your Shopify Store

CoinPayments’ integration for Shopify provides merchants with an alternative payment option. Our platform allows merchants using Shopify to accept cryptocurrency payments among other alternative payment methods like fiat currencies in exchange for their goods and services. Shopify is a multi-channel commerce platform with a global reach of online stores across multiple sales channels, including web, mobile, social media, marketplaces, brick-and-mortar locations, and pop-up shops. With CoinPayments’ leadership in crypto payment processing globally, the integration for Shopify will strive to improve eCommerce experiences for customers around the world. Why You Should…

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CoinPayments Webinar Debut – Crypto spending is on the rise: is your business ready?

CoinPayments’ Sara Dube and Sean Mackay recently hosted the first-ever CoinPayments Webinar, the debut in a series aimed at demystifying the often complex world of crypto payments for businesses and consumers alike. This first installment asks ‘Is Your Business Ready?’ to take advantage of the rise in crypto spending.  Let’s look at some of the key takeaways. Crypto transactions increased by 400% and are here to stay With daily news headlines announcing a growing number of major corporations now accepting cryptocurrency payments – including everyday brands like Starbucks, Home Depot,…

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