A Newbie to Blockchain? These Basics Got You Covered

According to a Statista forecast, worldwide spending on blockchain solutions is projected to increase over tenfold from its $1.5 billion level in 2018 to an astounding $19 billion by 2024. Companies from a variety of industries are investing in blockchain to ease their pain points and gear them for the digital economy, and there’s a good reason: it’s an innovation that unlocks boundless potential.  While its disruptive promise may make it seem like a complex concept, in reality, blockchain is simple. We’re here to break down the basics so that…

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Experiencing Payment Errors? We Can Help!

As either a CoinPayments merchant accepting crypto payments or as a consumer making a purchase with crypto, there are a number of potential errors that may occur when you are trying to complete payment. Examples of such errors include overpayments, underpayments, or even timed-out payments. When any of these potential errors occur on the CoinPayments platform, our systems trigger an automated flow to streamline the process of resolving any mispayments. Refunds When it comes to refunds, our automated flow involves sending an email to the buyer’s email address that was…

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Crypto Wallet 101: How to Get Started

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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