BestRate has already developed a number of crypto payment solutions for eCommerce. We have working solutions for Magento, WooCommerce and API for crypto payments (Crypto Payment Gateway). The latest API for crypto payments allows our clients to collect crypto payments for their goods and services without our front-end part, thus, this is a generalized white-label crypto processing solution for the market.
Any retail or online store can now easily integrate crypto payments into their billing structure, without the third-party product being presented on the website or app. This gives additional flexibility and security for our clients, allowing them to start accepting crypto fast and without additional charges or commissions from our side: BestRate provides tech solutions based on the monthly subscription ($9-$199).
Now we are ready to make the system even more transparent and reliable for our existing and future customers, allowing you to process your crypto payments via your own crypto exchange account (for example, Binance).
What’s the problem with existing solutions?
All existing solutions on the market provide crypto processing via their own liquidity, payment system processing. The devil is always in the details: did you ever question yourself what is the rate for BTC payment? Where is it taken from? The answers are always shady, like “average rate based on several crypto exchanges”, etc. Or you simply get your payment with deducted 5-15%, because the “rate dropped at the moment of payment” or “market was highly volatile”.
How does BestRate solve this?
We have a different architecture, providing our customers with the best and transparent rates. Our clients are allowed to add their crypto exchange account to collect all payments right at their crypto exchange. For example, you can easily create a new Binance account and add it to our system in seconds.
What’s the difference?
In this case, we will provide you with the exchange rate for your crypto payment right from your crypto exchange, for example, Binance. You can collect payments in different cryptos, like BTC, ETH, EOS, TRON, WAVES, etc. (as we support around 120 different blockchains and tokens), without any commissions from our side right at your crypto exchange. In other words, we transform your crypto exchange into your own crypto processing solution.
What benefits does it provide?
We orchestrate the crypto processing via your crypto exchange account with your full control.
Firstly, this gives you full transparency of all operations, as you can always log in to your crypto exchange and check all deposits and exchange operations. Secondly, our trading bots can convert all incoming payments to a stable coin, like USDT, right at your crypto exchange, with full transparency. Finally, only you can withdraw all incoming payments to your crypto wallet or bank account directly from your crypto exchange, giving you the full security.
You can read more about general terms and conditions in this post “How to Use Your Crypto Exchange as Payment Gateway”.
How can I start using it?
Firstly, you need to register at BestRate. If you don’t have a crypto exchange account, you can simply use this link to create a new Binance account, it takes only a few minutes.
Secondly, you need to add your API keys to our system.
NB! Please read “Crypto Payment Gateway or API for Crypto Payments” post, to find screenshots and all API methods explained.
What products does BestRate offer?
Please choose which product you would like to use:
- You can use Personal Payout to collect crypto payments from your friends and family. You will get a hosted page with a unique URL to place it on your Instagram or any other social network. This product will automate all crypto payments for you and currently is free of charge.
- Business Payout to collect crypto payments for your goods and services, like events or small internet shops.
- For eCommerce, we have plugins for Magento and WooCommerce, which we created in collaboration with Waves.
- Our latest product is API for crypto payments. This is a CMS agnostic, white-label solution that can be used by any business in the world to start processing crypto right away.
Please subscribe for a plan depending on the product you want to use ($9-199$/month) with 30 days free trial.
If you have any questions, please contact us at [email protected]