Bitcoin and cryptocurrencies, in general, were once the subject of ridicule by economists and banking institutions around the world. But over the last few years, we’ve collectively seen just how valuable and versatile cryptocurrencies are. In turn, we’ve also seen more businesses and individuals start to use crypto tokens to pay for everyday goods or investments. But even with these changes, is cryptocurrency real money? Is it a good investment, and should merchants start accepting crypto tokens at their businesses? Today, let’s answer these questions and more, beginning with a…
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24 Crypto Terms You Should Know
Cryptocurrency is fast becoming the most important decentralized economic force of the 21st century. eCommerce and other merchants are now adopting crypto tokens and accepting cryptocurrencies at their online stores. If you want your business to thrive in the modern market, you should consider doing the same. To jump into the crypto market and fully understand what it means, you need to know some key terms. Today, let’s break down important crypto terms you should know as an eCommerce store owner or as a user of cryptocurrencies. Miner A crypto…
Read MoreSpecial Rate for Coinmotion Fiat Settlement
CoinPayments is happy to announce that one of our fiat settlement providers – Coinmotion – is now offering our users a special discounted rate on their fiat settlement fees! The new rate, effective immediately, is only 0.5% for fiat settlements to EURO. All CoinPayments merchant accounts are eligible for this special rate, so start saving on your settlement fees today! How to Get the New Discounted Rate? This special discounted fee can be applied to your Coinmotion account by either sending a message to Coinmotion support (available when logged in)…
Read MoreCoinPayments + Wyre Partnership
Settle Crypto Payments to Fiat Quickly and Easily CoinPayments is excited to announce a new partnership with Wyre – a fiat settlement service we have integrated into our platform, allowing our merchants to convert their crypto to USD, CNY, BRL and MXN and automatically wire it to their bank accounts. The Wyre platform leverages blockchain technology to build the fastest and most cost-effective way to transfer money internationally, with no strings attached! Instead of struggling with expensive fees and questionable security, Wyre allows you to send money 8 times cheaper…
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