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, one of the largest cryptocurrency exchanges in the world, has announced the Binance Card. The card will be issued by Visa which allows for easy transactions worldwide using crypto stored in Binance accounts. This is great news for both Binance account holders and a great step forward for the crypto industry. Fellow Binancians, Binance has opened withdrawals for Bitcoin X (BCX).BCX will go through the same strict listing review process as any other coin. It will not be listed on Binance for trading by default. Malta-based cryptocurrency company Binance has announced the launch of its cryptocurrency debit card in Europe and the United Kingdom. The new card will allow users to convert and spend their Bitcoin (BTC), Binance token (BNB), Swipe’s native SXP, and stablecoin Binance USD (BUSD) to fiat at more than 60 million merchants across 200 regions and […] Najważniejsze informacje o kryptowalucie Bitcoin. Na rynku od 2010 roku. Binance Card, nowo wprowadzona kryptowalutowa karta debetowa, zasilana przez giełdę Binance i firmę Swipe, niedawno przejętą przez największą giełdę na ... Binance vs. The Block: Bitcoin-Börse wehrt sich gegen angebliche „Fake-News“ Startseite; Aktuelle Artikel im Überblick; Insights; Binance vs. the Block: Krypto-Börse wehrt sich gegen „Fake-News“ von Moritz Draht. Am 25. November 2019 25. November 2019 · Lesezeit: 4 Minuten. Moritz Draht . Moritz Draht hat Deutsche Literatur und Philosophie an der Universität Konstanz studiert ... 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 ... Die Bitcoin-Börse Binance hatte am ersten April verkündet, eine eigene Debit-Karte herausgeben zu wollen. Die Binance Card soll das Bezahlungen mit Kryptowährungen ermöglichen. Lange herrschte Unklarheit darüber, auf welchen Anbieter Binance dabei zurückgreifen wird. Nun deutet einiges darauf hin, dass der Branchenprimus für seine Debitkarte die Technologie der Krypto-Projekt Swipe ... 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. Binance Leveraged Tokens Enjoy increased leverage without risk of liquidation. Tokens. Subscription History. Redemption History. All > LINKDOWN. LINKDOWN. Short ChainLink with Up to 3x Leverage. Buy ... Binance Crypto Card announcement. The news was broken by one of the leading scoopers in the crypto journalism, The Block. They put the news out an hour or two before an official Binance announcement that stated: Earn passive income with Quadency TRADING BOT. Connect Binance account and use Quadency bot for 6 MONTHS COMPLETELY FREE. Hurry up, this deal is not around for long! “The Binance ... You are at: Home » News » Video » Bitcoin News Summary – March 30, 2020. Bitcoin News Summary – March 30, 2020 . By Steven Hay Last updated on March 30, 2020 at 22:22 No Comments. Binance exchange is bringing a new crypto debit card, called Binance Card, to market. While the card currently exists virtually, it will soon be available in plastic form. The card can be funded with either ...
Big news out of Binance today, Credit Card purchases is now open. That means fiat buying is now available on the worlds largest exchange. Is everyone happy a... Bitcoin liderando 2020, Binance anuncia cartão de débito, WhatsApp Pay deve rolar e mais! Bitcoin News Brasil 2020, o resumo semanal das principais notícias ... Buy Bitcoin with Credit Card on Binance Crypto Exchange https: ... Digital Asset News 28,861 views. 30:17. Best Binary Options Strategy 2020 - 2 Minute Strategy LIVE TRAINING! - Duration: 43:42 ... BINANCE SUPPORT FOR KOINAL BUY BITCOIN WITH CREDIT CARD & DEBIT CARD #bitcoin news #xrp news Live Day Trader. Loading... Unsubscribe from Live Day Trader? Cancel Unsubscribe. Working ... [ Sign Up to Binance for Free and Help Support the Channel ] https://www.binance.com/?ref=11093903 #Binance #Tutorial #Bitcoin How to Use Binance! https://ww... Get a lifetime 10% fee discount when trading crypto on Binance: https://www.binance.com/en/register?ref=FOC8JZJ8 How to Buy Bitcoin with Credit Card / Debit ... 🍋🍓 Ahora puedes tener tu tarjeta de Binance para comprar con bitcoin o con criptomonedas gracias a Binance Card. 🏅 Binance → https://www.binance.com/?ref ...