Cryptocurrency, How To Pay (Store.WiCard.Net)

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Cryptocurrency, How To Pay (Store.WiCard.Net)

If you are going to buy our projects from our on-line project store, but you’ve never had any “Cryptocurrency” (crypto) before, know that some of the cryptocurrencies have a static price (e.g. the same as $USD) like USDT(tether), USDC, BUSD etc. and some are like stock exchange with a dynamic price such as BTC(bitcoin), ETH(etherium), BNB etc.

The cryptos with static prices are like PayPal or credit card money (which are more welcome) but investing on the crypos with dynamic price is risky, because their price is changing hour-ly, but they are ok with money-transfer and we rare-ly change the relative prices in our invoices.

There are some ways to buy crypto and transfer it:

Cryptocurrency Broker

Cryptocurrency brokers take the complexity out of purchasing crypto, offering easy-to-use interfaces that interact with exchanges for you. Some charge higher fees than exchanges.

While they’re undeniably convenient, you have to be careful with brokers because you may face restrictions on moving your cryptocurrency holdings off the platform. With some, for example, you cannot transfer your crypto holdings out of your account.

You can hold your coins in crypto wallets for extra security. Some even choose hardware crypto wallets that are not connected to the internet for even more security.

With a wallet you can simply transfer your crypto into another wallet.

Crypto Exchange

A cryptocurrency exchange is a platform where buyers and sellers meet to trade cryptocurrencies.

Some of the most well-known cryptocurrency exchanges are WazirX, CoinDCX, Zebpay and UnoCoin.

Some exchanges only allow you to buy crypto using another crypto, meaning you’d have to find another exchange to buy the tokens your preferred exchange accepts before you could begin trading crypto on that platform.

Cryptocurrency ATM

A Crypto ATM is a terminal that allows you to buy or transfer Bitcoin, Ethereum and other cryptocurrencies using a bank credit card or cash. Visually, they can differ from each other, some look like a traditional ATM, and others are built into a stand or wall. You can place the QR code in front of these machine’s camera and transfer the crypto.

Remember the destination wallet network address must be compatible with the crypto that you are going to pay.

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