Crypto Currency Payment Gateways
What is Cryptocurrency?
A cryptocurrency is a form of payment that can be exchanged online for goods and services.
It is a digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by a centralized authority.
Many companies have issued their own currencies, often called tokens, and these can be traded specifically for the good or service that the company provides. Nearly 15,000 different cryptocurrencies are traded publicly.
Nowadays, the Best cryptocurrencies are Bitcoin, Ethereum, Tether, Solana, USD coin, etc and there are many online brokers that offer it like, Binance.US, CoinBase, Gemini, Kraken.
There are two payment gateways that are compatible with the auction pro plugin
1) BTCPay for WooCommerce
2) GoUrl WooCommerce – Bitcoin Altcoin Payment Gateway Addon
Let's have look that cryptocurrency payment gateways
Payment Gateways
1) BTCPay for WooCommerce
BTCPay Server is a free and open-source cryptocurrency payment processor which allows you to receive payments in Bitcoin and altcoins directly, with no fees, transaction cost, or a middleman. Payments with BTCPay go directly to your wallet, which increases the privacy and security
- Installation
- Goto WP-Admin > Plugins > Add New
- In Search, type " BTCPay for WooCommerce"
- Install and Activate the plugin
-
Enable payment gateway
- Go to WP-Admin > Woocommerce > Settings > Payments
- Enabled " BTCPay"
Configure BTCPay
After configuring BTCPay, the Buyer can select it as a payment gateway in the Checkout page
2) GoUrl WooCommerce – Bitcoin Altcoin Payment Gateway Addon
Like BTCPay, GoUrl is a free plugin that provides a cryptocurrency gateway for woocommerce.
The plugin has too many features which enhance admin to work with different cryptocurrencies. It accepts Bitcoin, Bitcoin Cash, Bitcoin SV, Lite coin, Dash, Dogecoin, Speedcoin, Reddcoin, Potcoin, Feathercoin, Vertcoin, Peercoin, MonetaryUnit payments in WooCommerce.
- Installation
- Goto WP-Admin > Plugins > Add New
- In Search, type "Gourl"
- Install and Activate the plugin
- Enable payment gateway
- Goto WP-Admin > Woocommerce > Settings > Payments
- Enabled " BitCoin / Altcoin"
And After configuring GoUrl, the Buyer can select it as a payment gateway on the Checkout page