Bitpay alternative | Bitcointalksearch.org

Little Mouse

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Activity: 2156

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Marketing Campaign Manager |Telegram ID- @LT_Mouse

Quote from: LTU_btc on August 24, 2020, 03:08:13 PM

BTW, why stablecoin? Fiat wouldn't be better option?

There's no good option for our country to have converted crypto to fiat directly. At least I do not know. Since, I will be a buy sell business, I need stablecoin to buy BTC too sometimes.

Quote from: retweeting on August 24, 2020, 03:09:42 PM

If BTC to Stable Coin (not your local currency) is your mission, then why are you even giving example of BitPay? Use Binance/BitMex and convert BTC to DAI/USDT. For small volume, you wont even require any KYC.

The reason is mentioned above, you may have missed. I know that with manual steps, I can exchange my BTC to stable coin anytime.

retweeting

jr. member

Activity: 58

Merit: 2

Quote from: Little Mouse on August 23, 2020, 06:55:52 AM

Bitpay does not operate their service in our country. I'm looking for a service which can convert my received BTC into stable coin instantly as I'm having buy sell business in my local. Without having converted into stable coin, it hards to ensure profit and very much risky. So, there is any alternative of Bitpay which operates worldwide, please suggest me one which you have used and have experience on that.

If BTC to Stable Coin (not your local currency) is your mission, then why are you even giving example of BitPay? Use Binance/BitMex and convert BTC to DAI/USDT. For small volume, you wont even require any KYC.

LTU_btc

legendary

Activity: 3234

Merit: 1375

Slava Ukraini!

I think it's not bad thing that BitPay don't work in your country

. From my experiebce their service is really shitty.
There is good advices above given. BTCPayServer is great decentralized option, but you would need to run a node to use it. Coingate and Coinpayments csn be a good option, but I don't know, do they operate in your country.
BTW, why stablecoin? Fiat wouldn't be better option?

JeromeTash

legendary

Activity: 2338

Merit: 1261

Heisenberg

Quote from: TryNinja on August 23, 2020, 07:16:46 AM

https://coinswitch.co/

P.S: Not vouching for any of the aboves.

WARNING

Coinswitch is SCAM
There have been so many accusations and negative reviews lately. Anybody thinking about using them should probably look for an alternative
1. BEWARE COINSWITCH WILL SCAM YOU!
2. Coinswitch.co is a scam stay away from them
3. https://www.trustpilot.com/review/coinswitch.co?languages=en&stars=1

Harlot

hero member

Activity: 1806

Merit: 672

If you are looking for a payment processor for you to just automatically convert your Bitcoin payments to a stable crypto or fiat currency I don't think it is a wise idea for you to avail any payment services as this ones will cause you several fees from their services as well as exchange rates, for example Bitpay as well as Coinbase Commerce is known to have huge fees for the seller side and even running a BTCpay server will be costly to you. You might just want to reconsider and just converting your payments on your own in an exchange which I think you have a chance to maximize your payments.

bob123

legendary

Activity: 1624

Merit: 2481

Quote from: Little Mouse on August 24, 2020, 03:03:09 AM

I am aware of Binance and Kucoin exchange but manual would not be a good one for me as I may not have access to exchanges all the time or someone may send tainted BTC and in that case my account will be blocked. I can not risk myself with that.

You can automate that, so you won't have to do the conversion manually.

Further, there are no "tainted" coins. There are no "coins" at all. Only UTXO exist. And by creating a new UTXO (sending a transaction), "tainting" becomes less and less relevant because you simply can not know whether the two outputs belong to the same person.
If you receive BTC to your address, then forward them to an exchange.. i highly doubt an exchange would lock your account. There simply can never be enough proof to justify an action such as blocking your account or assuming you are in possession of illegally acquired BTC.

It is not as easy as with dollar bills. The concept of "tainted coins" is widely misunderstood.

Little Mouse

legendary

Activity: 2156

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Marketing Campaign Manager |Telegram ID- @LT_Mouse

Quote from: LoyceV on August 24, 2020, 02:54:41 AM

Quote from: Little Mouse on August 24, 2020, 02:42:55 AM

But with coinplaza I have limit of £200 on each day (I think it's month, can not remember now)

My account shows this:

Quote

Daily limit 100.00€ remaining

Last time I checked, Binance still allows to withdraw 2 BTC per day without KYC, but you'll need to do the transactions on their website each time.

My bad, I did not check the limit on coinplaza, forgot totally since I used the site long ago.
I am aware of Binance and Kucoin exchange but manual would not be a good one for me as I may not have access to exchanges all the time or someone may send tainted BTC and in that case my account will be blocked. I can not risk myself with that.

LoyceV

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Thick-Skinned Gang Leader and Golden Feather 2021

Quote from: Little Mouse on August 24, 2020, 02:42:55 AM

But with coinplaza I have limit of £200 on each day (I think it's month, can not remember now)

My account shows this:

Quote

Daily limit 100.00€ remaining

Last time I checked, Binance still allows to withdraw 2 BTC per day without KYC, but you'll need to do the transactions on their website each time.

Little Mouse

legendary

Activity: 2156

Merit: 2100

Marketing Campaign Manager |Telegram ID- @LT_Mouse

Quote from: LoyceV on August 23, 2020, 07:41:06 AM

Is this what you're looking for?

Yes, I'm looking for this exactly. But with coinplaza I have limit of £200 on each day (I think it's month, can not remember now) or go with KYC which I do not like. Anyway, still with KYC, this can be the best solution. I had no idea that coinplaza allows that and allows reuse of addresses.
Edit- Just checked that USDT is not available and there is no other stablecoin listed there.

o_e_l_e_o

legendary

Activity: 2268

Merit: 18748

BTCPay is the best payment processor to use, since it is entirely self hosted, does not rely on trusting a third party, and also therefore has zero fees. You can use a payment forwarding service to automatically forward all received payments to an exchange for conversion to fiat or a coin of your choice. There is a good medium article about doing this here: https://medium.com/@prayankgahlot/instant-fiat-conversion-with-btcpay-1d2f3dd57352

BTCPay also have their own automatic conversion software in the alpha stage of development: https://github.com/btcpayserver/btcTransmuter

CoinGate and CoinPayments also both support automatic conversion, but since they are third party solutions there will be a fee for using them.

cryptoperkele

member

Activity: 889

Merit: 60

Quote from: Little Mouse on August 23, 2020, 06:55:52 AM

Bitpay does not operate their service in our country. I'm looking for a service which can convert my received BTC into stable coin instantly as I'm having buy sell business in my local. Without having converted into stable coin, it hards to ensure profit and very much risky. So, there is any alternative of Bitpay which operates worldwide, please suggest me one which you have used and have experience on that.

Doesn't coinbase commerence do this? At least you can accept DAI, USTD and bunch of with them. I suppose you could say that you just accept usdt and not bitcoin or maybe you can choose accepted payments. I haven't used it yet.

LoyceV

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Thick-Skinned Gang Leader and Golden Feather 2021

Quote from: Little Mouse on August 23, 2020, 07:19:29 AM

I have used coinplaza but do they have automation in swapping?

Is this what you're looking for?

Quote from: CoinPlazaIt on June 22, 2020, 05:08:54 AM

Quote from: TryNinja on February 05, 2020, 08:47:26 PM

I want to suggest an option to create a fixed pair trade option with a single address which we can send and always convert to X coin to Y address. E.g: I create a LTC -> BTC address and every time I send LTC to this address, you convert and send BTC to my (same) address automatically.

Our platform already works this way. If you send a new deposit to an old used address, any amount sent (as long as within the min. and max. limits) will be exchanged to the desired cryptocurrency and sent to the destination address it was chosen the first time.

I haven't tested this feature by myself.

dannymcdip

newbie

Activity: 3

Merit: 0

Not sure from the merchant side, but as a customer coinpayments.net is by far my favorite payment provider, might want to check that one out

Little Mouse

legendary

Activity: 2156

Merit: 2100

Marketing Campaign Manager |Telegram ID- @LT_Mouse

I have used coinplaza but do they have automation in swapping? I think no. Don't Bitpay have option to have exact amount of USD value when you receive BTC? I'm looking for such an option.
Coinplaza is a good swap site without any doubt. Thanks LoyceV for suggesting me that.

TryNinja

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Activity: 2758

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Quote from: Little Mouse on August 23, 2020, 06:55:52 AM

Bitpay does not operate their service in our country. I'm looking for a service which can convert my received BTC into stable coin instantly as I'm having buy sell business in my local. Without having converted into stable coin, it hards to ensure profit and very much risky. So, there is any alternative of Bitpay which operates worldwide, please suggest me one which you have used and have experience on that.

Have you tried to use a coin swap exchange? All of them have at least USDT/USDC.

https://flyp.me/en/
https://simpleswap.io/
https://coinswitch.co/

P.S: Not vouching for any of the aboves.

Or you could just use Binance.

Little Mouse

legendary

Activity: 2156

Merit: 2100

Marketing Campaign Manager |Telegram ID- @LT_Mouse

Bitpay does not operate their service in our country. I'm looking for a service which can convert my received BTC into stable coin instantly as I'm having buy sell business in my local. Without having converted into stable coin, it hards to ensure profit and very much risky. So, there is any alternative of Bitpay which operates worldwide, please suggest me one which you have used and have experience on that.

Topic: Bitpay alternative (Read 168 times)