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What to know before signing up with NOWPayments

What to know before signing up with NOWPayments

NOWPayments is a cryptocurrency payment gateway that lets users accept payments in more than…

The post What to know before signing up with NOWPayments appeared first on CoinJournal.

What to know before signing up with NOWPayments

NOWPayments is a cryptocurrency payment gateway that lets users accept payments in more than 100 cryptocurrencies. It supports auto coin conversion, allowing merchants to accept their crypto of choice even if the customer makes payment in another one. 

The gateway supports fiat conversion and has a Mass Payout solution, a Twitch donation button, and customized solutions for casinos.

The platform gives access to a personal account manager, lets customers receive instant payouts to an e-wallet or bank account, offers 24/7 support, and is known for some of the lowest fees on the market.

Among the tools available to merchants are API, widgets, invoices, and plugins for WooCommerce, PrestaShop, Opencart, ZenCart, Magento 2, etc. Last but not least, NOWPayments doesn’t take custody of users’ funds.

How it works

NOWPayments lets online marketplaces accept payments in crypto quickly and easily. It works like this: the marketplace sets the price, lists a Bitcoin address, and receives payments without go-betweens. All payments made are visualized in one table.

Each Bitcoin payment is linked to the specific customer and their purchase. Order and payment IDs streamline cash flow.

The merchant can see the sum of money sent and if it corresponds to the original price because each payment is attached to a specific item in the store. They can track the payment under Status and get updates on their payments here.

Users of NOW can use a tool to get instant payment notifications if they integrate the API to create a native-looking payment gateway. They’re notified when a transaction has been completed.

The inbuilt crypto swap tool exchanges customers’ coins before the system reflects the payment in the merchant’s account.

Finally, the dashboard lists the number of payments the merchant has received on a specific day, in a given month, and over the course of its existence.

Key features

NOWPayments is most notable for its capacity to make accepting crypto payments online effortless and easy. You can integrate it into WooCommerce or other content management systems already being used on your website.

The platform employs a helpful support team, who accompany customers at every step of the setup process.

The crypto exchange feature makes it easy to manage a large number of different cryptos. Users can not only accept more than 100 different cryptos but also convert each one to a single, preferred digital or fiat currency automatically.


·         Easy integration into existing operations and sites

·         Responsive customer support

·         Easy to exchange crypto assets

·         Straightforward to accept crypto payments online

·         Does not take custody of user funds

·         Plugins available for a number of CMS platforms


·         No mobile app

·         No support for point-of-sale (PoS) systems

·         Sandbox documentation could be improved

Reasons to register with NOWPayments

The company behind NOWPayments is ChangeNOW, which has been active in the cryptocurrency space for many years and has never had a security issue. NOWPayments has inherited this strong track record. ChangeNOW has even helped people recover funds lost in incidents with crypto exchanges.

Users’ funds with NOWPayments are safe because the user is always in control of them. The only real risk is when assets are being exchanged. The user controls the private keys to their crypto assets and needs to be comfortable with the respective responsibility.

What makes NOWPayments unique? 

NOWPayments is unique in the problems it solves with fiat exchange, crypto swapping, user funds control, etc. Let’s look at how it does this.

More customers want to be able to pay in crypto, but some businesses accept fiat only. By providing a crypto-to-fiat option, NOWPayments helps them get more customers. NOWPayments’ range of buttons and plugins and the intuitive API can benefit any organization that wants to begin accepting cryptocurrencies.

Many businesses that already accept crypto will only take payment in the leading ones, like Bitcoin or Ethereum. It can be a problem if the customer wants to pay in another crypto.

The cryptocurrency payment gateway helps businesses overcome this issue by providing automatic conversion. The customer can pay in their crypto of choice, but the seller will get the coin or token they initially required.

Last but not least, NOWPayments stands out with its round-the-clock support. Each customer is assigned a personal account manager. The payment platform provides full assistance regardless of the issue and integration support.

Final thoughts

NOWPayments enables a simple but effective practice: the vendor sets the price, lists a Bitcoin address, and receives direct payments. As a non-custodial service, it might not be a good option for users who are uncomfortable with the responsibility of holding their funds.

The post What to know before signing up with NOWPayments appeared first on CoinJournal.

Source: CoinJournal: Latest Bitcoin, Ethereum & Crypto News

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Ethereum Price Prediction – Will Ether Price Increase in October 2022?

October is known to be a green month for cryptos. Will Ether price increase in October 2022? Let’s assess in this Ethereum price prediction.

Ethereum has been on a downtrend ever since reaching its all-time high price of $4,850 back in November 2021. In fact, most cryptocurrencies reached their all-time high prices during that same period. However, prices started to dump right after. The month of October has been known to be a green month for cryptocurrencies. Will Ether price increase in October 2022? Let’s assess in this Ethereum price prediction article.

Ethereum Price on a Steady Downtrend?

In figure 1 below, we can clearly see how Ether prices started to crash in November 2022. A descending triangle recently formed with the 2 support prices of $1,250 and $1,000. However, other important price areas showed along the downtrend which is the $2,500 and $2,000 price marks. Those prices would be the clear targets for Ether once the trend goes back to being bullish.

Why is Ethereum Down?

Well, the short answer would be that the entire crypto market is down. Most cryptocurrencies are still following the general trend of the market, specifically Bitcoin. The latter still has a significant 40% dominance over the cryptocurrency market. Now the second natural question poses: Why is the crypto market down?

There are many reasons why the market is currently down. Heck, even the equity market is down. If you check out Facebook’s price in the last year, you would see that FB shares are down by more than 65%. Ethereum is down by around 70% in the past year, mostly due to the following macro reasons:

  • The crypto market was due to an adjustment after a strong bullrun that lasted 2 years
  • Inflation is at an all-time high in many countries, which makes investors get away from risky investments
  • The war in Ukraine is creating a lot of tension in the EU region, which also reduces risk appetites, especially in volatile and risky investment vehicles

Will Ether Price INCREASE in October 2022?

In figure 2 below, we show the monthly returns in the cryptocurrency market by month. The month of October is looking good for the crypto market, especially since the previous months of that same year were not positive. If October turns out to be a positive month, Ethereum price is set for a good comeback, especially post its Merge.

Ethereum Price Prediction – Where will Ethereum price reach in October 2022?

If October turns out bullish for the crypto market, Ethereum is set to break the descending triangle higher. This means that the next target for Ethereum are as follows:

  • First target: $1,600
  • Second target: $1,800
  • Third target: $2,000
  • Fourth target: $2,500

The third and fourth targets are not expected to be reached anytime before the year 2023. However, the first two targets should be attainable. Of course, this all depends on the general sentiment in the crypto market and how the macro economical situation develops. If cryptos continue to crash, Ethereum price is set to break the lower descending triangle delimited by a price of $1,000 and reach $800 before 2023.

Source: Altcoin

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