If anyone EU-based here wants to run a store and considers a custodial solution, I encourage you to take the time and read through Goodbye, privacy, goodbye, it was nice while it lasted and / or the draft directly.
TL;DR: If you use a custodial solution, your users and you as well will need to provide tons of details (KYC++) to the provider in the future; it's foreseeable that similar legislation will come to other parts of the world in the future, too.
Topic: How to accept deposits/payments in 100+ coins ? (Read 151 times)
Anything i'm missing over the space ?
How about custodial payment prcoessor/gateway such as https://www.coinpayments.net/? While you don't have control over the token, it's far cheaper than setting nodes/wallet for each altcoin.
I would honestly recommend using BTCPayServer, but it's Bitcoin-only.
There's community modification to support some altcoin though, https://docs.btcpayserver.org/FAQ/Altcoin/#which-coins-does-btcpay-server-support.
Though they won’t be having any control over the coins they can just easily withdraw the accumulated payment everyday. I don’t think that will be much trouble. If coinpayments is making it this much easier then surely e-commerce has to tackel the rest.
I’m very much interested in such service but yet far from developing the e-commerce place for my artwork. I’m jumbled in between whether to go for NFT selling of pencil artwork or just open up doors for e-commerce and get the order in versatile coins like the OP.
The more interesting fact is, they also have solution for POS (point of sale). I think based on your business nature this can also be added advantage.
I would honestly recommend using BTCPayServer, but it's Bitcoin-only. I know that many people like to ask for more supported currencies and all that, but I'm telling you, you're going to get 1 or 2 payments each, after putting in lots of time to set everything up, so it's really not worth it.
Bitcoin is just used so, so much more.
Bitcoin is just used so, so much more.
Well, not exactly bitcoin-only, it works with most Bitcoin Forks. But don't expect support for something like Ethereum or Tron for example.
Also I have found for reliable store uptime, you need to install it on a disk with as much space as BTC's blockchain, otherwise it might ignore your pruning settings (for whatever reason), fill up your disk, and all requests to the store fail with a 500 error.
I just paid for a $20 VPS with 20GB SSD and used a custom Docker fragment for 10GB pruning. Of course I used the docker install after all the hell I went though setting up the services manually (separate wordpress install and NGINX service already using port 443 on my host precluded me from using Docker initially). Put the fragment in the correct folder but never saw my pruning settings in Bitcoind and that's where all the havoc happened. Didn't want to use the built-in 5GB pruning and sacrifice LN payments as I have micropayment products on my own store.
CoinPayments is probably the best option so get your ID and bank/rent statements ready because it's better to verify immediately than after you start getting payments from your store.
@zoufou
You can check for Binance Pay its use BEP20 BSC network will low fee same address for any transfer.
Link may help https://developers.binance.com/docs/binance-pay/introduction
You can check for Binance Pay its use BEP20 BSC network will low fee same address for any transfer.
Link may help https://developers.binance.com/docs/binance-pay/introduction
Do you have to KYC yourself to integrate it to sites?
@zoufou
You can check for Binance Pay its use BEP20 BSC network will low fee same address for any transfer.
Link may help https://developers.binance.com/docs/binance-pay/introduction
You can check for Binance Pay its use BEP20 BSC network will low fee same address for any transfer.
Link may help https://developers.binance.com/docs/binance-pay/introduction
Anything i'm missing over the space ?
How about custodial payment prcoessor/gateway such as https://www.coinpayments.net/? While you don't have control over the token, it's far cheaper than setting nodes/wallet for each altcoin.
I would honestly recommend using BTCPayServer, but it's Bitcoin-only.
There's community modification to support some altcoin though, https://docs.btcpayserver.org/FAQ/Altcoin/#which-coins-does-btcpay-server-support.
I'm actually running a startup e-commerce website and accepting payments with BTC and ETH, i'm using on-premise bitcoind and geth with no issues at all for some months now.
I'm getting requests from users to accept more coins, mainly BNB, ENJ, XMR and bunch of 20 other coins ...
I'm looking for technical solutions and staying on-premise (if possible), i don't seem to find a easy/straightforward solution till i crossed this app accepting 500+ coins and tokens https://tip.cc/currencies
Anything i'm missing over the space ?
I would honestly recommend using BTCPayServer, but it's Bitcoin-only. I know that many people like to ask for more supported currencies and all that, but I'm telling you, you're going to get 1 or 2 payments each, after putting in lots of time to set everything up, so it's really not worth it.I'm getting requests from users to accept more coins, mainly BNB, ENJ, XMR and bunch of 20 other coins ...
I'm looking for technical solutions and staying on-premise (if possible), i don't seem to find a easy/straightforward solution till i crossed this app accepting 500+ coins and tokens https://tip.cc/currencies
Anything i'm missing over the space ?
Bitcoin is just used so, so much more.
And if someone honestly tells you they don't own Bitcoin, just those other coins, you can tell them to instant-exchange them to Bitcoin using something like https://fixedfloat.com/ or https://boltz.exchange/. There are other recommended instant exchangers; maybe look around in this forum if interested.
The great thing about BTCPayServer is that it's self-hosted, so you run no risk of being ripped off and it's open source and free to use. It even supports Lightning, which means zero fee payments to your shop.
I'm actually running a startup e-commerce website and accepting payments with BTC and ETH, i'm using on-premise bitcoind and geth with no issues at all for some months now.
I'm getting requests from users to accept more coins, mainly BNB, ENJ, XMR and bunch of 20 other coins ...
I'm looking for technical solutions and staying on-premise (if possible), i don't seem to find a easy/straightforward solution till i crossed this app accepting 500+ coins and tokens https://tip.cc/currencies
Anything i'm missing over the space ?
I'm getting requests from users to accept more coins, mainly BNB, ENJ, XMR and bunch of 20 other coins ...
I'm looking for technical solutions and staying on-premise (if possible), i don't seem to find a easy/straightforward solution till i crossed this app accepting 500+ coins and tokens https://tip.cc/currencies
Anything i'm missing over the space ?
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