How do I pay with Digital & Crypto Currencies ?
At Lintro, we believe in a future economy where digital payments will have a huge role in shaping the way we transact with each other. There is an evident digital shift- digital innovation and technological advancements are progressing forward. We want to make sure all buyers on our site have the option to purchase with the means most suitable for them. We have enabled Bitcoin, Ethereum and USDC payments on our site, through Crypto.com.
Bitcoin (BTC) is a decentralised digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin, blockchain network, without the need for intermediaries.Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system. Its important to mention at the time of writing, bitcoins robust network has been working flawlessly for over 13 years.
Ethereum is a blockchain platform with its own cryptocurrency, called Ether (ETH) or Ethereum, and its own programming language, called Solidity. As a blockchain network, Ethereum is a decentralised public ledger for verifying and recording transactions. The network's users can create, publish, monetise, and use applications on the platform, and use its Ether cryptocurrency as payment. Insiders call the decentralised applications on the network "dApps". Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It's a community-built technology behind thousands of decentralised applications you can use today.
USDC is a USD pegged stable coin which is fully backed by cash and equivalents and short-duration U.S. Treasuries, so that it is always redeemable 1:1 for U.S. dollars. The launch of USDC was powered by a collaboration between Coinbase and Circle. Circle is a global financial technology firm that enables businesses of all sizes to harness the power of stable coins and public blockchains for payments.
What is Crypto.com ?
Crypto.com is a platform that helps merchants anywhere in the world accept digital/cryptocurrency payments in a fully decentralised financial market. All payments facilitated by crypto.com are fully decentralised and go through peer-to-peer networks, through the blockchain algorithm. This means that the cryptocurrency goes directly from your wallet, to a wallet that is only accessible by the merchant. At no point in this flow does anyone except the merchant, including Crypto.com have access to these funds.
How do I get started ?
Online wallets offered by a major financial exchange like Crypto.com are the simplest way to get started in crypto; they offer a balance of security and easy access to funds. You can sign up to Crypto.com by clicking here. Alternatively for a more broad range of crypto currencies, you can sign up to Binance exchange. Binance is currently the no.1 used cryptocurrency exchange in the world.
Once you get started and become familiar with the process of transacting funds, we strongly recommend using an offline hardware wallet for maximum security. The two best options are the Trezor wallet and Ledger wallet. This allows you to have full control of your private keys without taking any risk of your funds being compromised online.
Backing up your private keys on a piece of paper provided with your Trezor & Ledger wallet may not be a good idea. An additional purchase of a cryptosteel capsule to protect your private keys is recommended. The Billfodl is a small, wallet sized Marine grade stainless steel enclosure designed to house any kind of crypto private key or recovery seed you may need to protect from physical threats of destruction.
How do I pay with Digital & Crypto currencies ?
1. Create an account on crypto.com
2. Set up your wallet
3. Purchase digital/crypto currency via bank transfer/debit/credit card
Upon checkout :
1. Choose Crypto Pay option at checkout
2. Choose your preferred digital/crypto currency
3. Copy our wallet address
4. Paste our wallet address on your wallet.
5. Click the confirm button to make the payment.
Important note: Please make sure you choose the same network on both ends.
After a valid payment is detected, a confirmation of your order will be sent to your email.
Its worth noting that another way to pay with digital/crypto currencies for everyday shopping would be via a crypto Visa/debit card which can be used at any store/service that accepts Visa payments. A card is provided free of charge when you sign up to crypto.com
Crypto currencies are an unregulated market. We advise anyone new to the crypto/digital currency world to please do their own research before proceeding to deal with such matters. A crypto basics guide can be found here. We will not be liable for any loss or damage incurred.
If you have any questions please feel free to contact us on: firstname.lastname@example.org