Hello Nano community,
Some of you may know me from /nanotrade
or elsewhere, I generally am bullish on NANO and try to do my part to help spread adoption and awareness. I also run several e-commerce websites utilizing the open source Zen-Cart as my back end. Lately, and not so lately but in general, I have encountered issues with various payment processors (which actually led me to Nano in the first place, as well as a general interest in Cryptocurrency).
While there are solutions to dealing with the more stringent regulations enforced by payment processing companies, many of these require my customers to download third party apps or sign up for third party services. Not too dissimilar to how Paypal requests a user to be logged in before sending a payment in fact. Anyways, so while setting up my websites again today after losing another payment processor over the weekend, I have come to the decision, why not try and introduce my customer base to Nano and present it less so as a cryptocurrency, but more so as a digital decentralized payment solution? I have tried accepting cryptocurrencies before, however many of my customers, at least for my main e-commerce website are older and not so tech oriented. Just seeing that I accepted "Cryptocurrency" and "Bitcoin" as an option was enough to scare some of these people away. Ironically, I noticed more sales when I completely removed this payment option and all mentions of it from my website. Funny how that works.
Anyways, since I am in the middle of setting up additional payment methods, I figured now would be a good time to attempt the above with Nano, and offer a link on the "Pay with Nano" page during the check-out process for my customers to decide if they would like to try it out. My only concern, many of these people being older and technophobic, is that the process for obtaining the Nano they want to spend may be too much work and not something they would be interested in. Especially if it involves things like scanning IDs or providing more information than a simple credit or debit card number and a name. Ideally, this would be the only information they need to provide, with the ability to purchase any amount (most orders placed are between $25-$100), without paying an outrageous fee (which I will offer an incentive to cover for anyways I think). An instant transfer would also be a prerequisite. Something as fast as it takes to sign up for Cash App for example.
So, am I asking too much? Do such services exist yet in the US?
-No minimum or low minimum
-Non-invasive signup process
Another thing worth mentioning, and hopefully this can provide the right people with an idea which I think could really help improve Nano adoption if implemented, was that I noticed some competitors of mine are accepting something called "PMC Coin", which is claimed to be a gold backed cryptocurrency. The gold bit is not important I do not think. What is impressive however, is that these vendors are able to provide this crypto as an option during the checkout process, and upon hitting submit, the customer is brought to the PMC Coin website, where they are presented with a form for purchasing this crypto. I have not tried going further than this, but the form contains all the required fields for a credit and debit purchase, as well as the price for the purchase being exactly what the price was for the requested items during the check-out on the forwarding website. It appears that upon purchase, the credit/debit card payment is sent to the PMC Coin sellers, and the PMC Coin in an equivalent amount is sent to the vendor. I assume the fees are offloaded onto the vendor at this point. While I have no interest in this asset in the slightest, I have to commend them on this solution, and I really hope we can see something like this emerge from the Nano community. It could be the killer app we have all been waiting for to spur adoption perhaps.
I will essentially be manually doing something like this for my customers, albeit with links and instructions, however as mentioned, the more streamlined the process is, the better. I am sure they will have an easy enough time with Natrium, and I am excited to introduce some new people into the space. But most of all I just want a simple ability to be able to keep my shop online without having to bow down to the banks and their petty requests as to what products should or should not be sold. None of us should have to deal with the Soup Nazi, be us merchants or consumers.
Thank you for your time and interest, and remember, stay bullish!
Spreads I have found so-far:
CoinGate: 100 Nano = $114.76 vs. $97.44 USDT (Binance) [$17.32 fee] [$50 minimum] (Simplex)
Atomic Wallet: 100 Nano = $115 vs. $98.40 USDT (Binance) [$16.60 fee] [$50 minimum] (Simplex) Crypto.com
: Claims 3.5% fee, requires government photo ID, 2-3 day confirmation
Coinswitch.io: 100 Nano = $117 vs. $99.28 USDT (Binance) [$17.72 fee] [$63 minimum] (Simplex) Coinify.com
: 100 Nano = $119 vs. $114 USDT (Binance) [$5 fee] [$63 minimum] KYC is intensive but not too crazy. 2 Minute verification too. Definitely the best option so far. Only problem is the minimum purchase.
Going to try Binance.us
next and the Brave browser, which I think uses Binance as a backend anyways.
Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume . Buy Crypto. Markets. Trade. Derivatives. Finance. English/USD. Support Center. Announcement. Latest News. Binance Pool Launches 13th Phase of Dual Savings Products. Binance. 2020-10-21 03:42. Fellow Binancians, Binance Pool will launch the 13th phase of Dual ... Entdecken Sie mit Coinbase die Top-50-Kryptowährungen, einschließlich der Preisdiagramme für Kryptowährung, der Kryptowährungsbeschreibungen und der aktuellen Preise für Bitcoin und Ethereum. While most cryptocurrencies on Binance are trading against Bitcoin, Binance offers many trading pairs against Ethreum, Ripple, and Tron. Trading against FIAT hadn’t been easier, as Binance offers plenty of trading pairs against the US-pegged stablecoins USDT, USDC, BUSD, TUSD, PAX, and more. Binance also offers to trade against some local FIAT coins such as the Russian Ruble and the Turkish ... Top Bitcoin & Crypto News Stories for 31st January 2018 Binance to accept card payment. Binance has long been one of the cryptocurrency space’s most popular exchanges. As far as crypto-crypto exchanges are concerned, Binance is the biggest exchange; however, it’s always missed out on a larget market share by having never accepted fiat deposits. PayPal akzeptiert Bitcoin: Warum jetzt sehr viel auf dem Spiel steht; Bitcoin-Gebühren in 13 Tagen um 628 Prozent gestiegen; Abverkauf bei Ethereum, Iota und Ripple lässt Kursphantasien vorerst platzen ; Jetzt handeln: Plus500. Schnelleinstieg für den Handel von Krypto CFDs. Kryptowährungen handeln bei einem der führenden Anbieter für Krypto CFDs. Bitcoin $ 13,787.75 0.47%. Ethereum ... Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume BTC/USDT Binance price chart in real-time. Stats on multiple timeframes, order book, news and trollbox. Coinalyze. Futures Data. Individual Charts; Global Charts; Technical Analysis. Bitcoin Ethereum Ripple Bitcoin Cash Chainlink Binance Coin Litecoin Cardano Bitcoin SV EOS Monero Tron Stellar Lumens Crypto.com Coin Tezos UNUS SED LEO NEO NEM Cosmos Iota VeChain Dash THETA ZCash Ethereum ... BTC USD (Bitcoin / US Dollar) This is the most popular Bitcoin pair in the world. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of Bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls this cryptocurrency and everyone can take part. Bitcoin price grew ... Binance offers three types of trade orders on their Basic platform. They are: Limit orders; This allows the users to buy/sell the token at a specific price or better. In simple words, a user can choose a maximum price limit he or she is willing to pay for a coin and the minimum price at which the user is ready to sell the token. Market orders About Binance Coin. Binance Coin price today is $28.94 USD with a 24-hour trading volume of $342,902,657 USD. Binance Coin is up 5.45% in the last 24 hours. The current CoinMarketCap ranking is #7, with a market cap of $4,178,467,593 USD. It has a circulating supply of 144,406,561 BNB coins and a max. supply of 176,406,561 BNB coins. The top exchanges for trading in Binance Coin are currently ...
Binance With Credit Card, Coinbase New York Coins, Bitcoin Hash Rate & Bitcoin Price Recovery ... Tim Draper predicts the price of bitcoin after the halving! - Duration: 49:17. Crypto Finder ... In today's video, we take a look at the binance expected acquisition of coinmarketcap and whether or not this is good for crypto. If you would like to be hig... Cardano Mainnet Release, Coinbase Prices, Bitcoin Car, BTC Halving Price & Binance Bundle - Duration: 28:07. The Modern Investor 16,618 views. 28:07. Pomp Podcast #343: Joe Lallouz On Building ... Amazon Affiliate Link - (If You Buy Something On Amazon, I Get A Small Commission As A Way To Support The Channel) - (There is NO extra cost for you) https:/... Ethereum Chart Analysis Cardano Chart Analysis Binance Coin Analysis Price Prediction TODAY’S VIDEOS Binance Coin Price Prediction BNB Coin Chart Analysis BNB to the moon https://youtu ... 🍋🍓 Ahora puedes tener tu tarjeta de Binance para comprar con bitcoin o con criptomonedas gracias a Binance Card. 🏅 Binance → https://www.binance.com/?ref ... DISCLAIMER: Trading Bitcoin is VERY risky, and 80% of traders don't make money. Make sure that you understand these risks if you are a beginner. I only recommend crypto trading to already ... My Second Channel: https://www.youtube.com/channel/UCvXjP6h0_4CSBPVgHqfO-UA ----- Supp... Binance X Has Launched - Is It Good For Binance (BNB) Prices? It's time to stop the confusion. Join Us!!! Join This Elite Group - Sign Up Here: https://www.huefinancial.com Follow us on Twitter ... Bitcoin has done this TWICE since November 2019, and is about to do it again 🌌 TA Tips and Strategies condensed into a 2 hour course GET $40 OFF T4 TODAY! US...