How do I create a crypto payment processor
Crypto Payment Processing
Crypto currency is the recent innovation in payment industry. Unlike old payment methods (FIAT)?Crypto Payment Processing?currencies are not centralized that is each and every transaction is saved in a new technology called block chaineven though crypto is decentralized but each and every transaction is recorded in this block chain. You can use crypto payment gateways to buy / sell or send crypto currencies.
Fiat to Crypto
That is if someone wants to buy crypto they can use this gateways to make the purchase , customer can use their bank account to purchase the crypto and the coins are transferred to their respective values?Cryptocurrency payment processors?, like all other currencies crypto is also subject to market fluctuations and thus the customer is allotted a small window period to complete the transaction and in that window period the coins value wont be changing for that period of time .
Crypto to Fiat
If a customer wish to liquidate their crypto they can use the payment gateway to sell their coin?Blockchain payment processing?and to convert it into Fiat and customer can withdraw their money into either the wallet or their bank account.
Crypto to Crypto
Customer can transfer (buy coin/ send coin) coins to someone else’s wallet , once they initiate the transfer process , a qr code is generated and receiver can scan the Qr so the transaction can be completed?Best crypto payment processor. There are variety of coins currently available in the market , even though Bitcoin is the most valued and most popular in the market followed by Ethereum and there are stable coins like USDT . Binance is one of the widely used and trusted payment gateway in the world .