📃Overview

What is "Crypto Acquiring Static Addresses"?

"Crypto Acquiring Static Addresses" is a solution that enables merchants to accept cryptocurrency payments through fixed, reusable addresses. Unlike dynamic addresses that change with each transaction, as utilized in our Crypto Widget, static addresses remain constant, simplifying the payment process for both merchants and customers.

Use cases:

• Gaming Platforms: Players deposit cryptocurrency into their accounts via static addresses to purchase in-game items and premium content.

• Online Betting Sites: Users fund betting accounts through static addresses, enabling swift bet placements without traditional banking.

• E-Wallet Services: Customers top up digital wallets by transferring cryptocurrency to static addresses, ensuring readily available funds for online transactions.

• Prepaid Mobile Services: Subscribers recharge mobile airtime by sending cryptocurrency to their assigned static addresses, maintaining uninterrupted service.

• Streaming Platforms: Viewers add funds to their accounts via static addresses for subscriptions, pay-per-view events, or supporting content creators.

Advantages:

• Enhanced User Experience: Static addresses provide a consistent destination for payments, eliminating the need for customers to obtain a new address for each transaction.

• Simplified Transaction Management: Merchants can assign unique static addresses to users, streamlining the tracking and reconciliation of payments.

• Multi-Blockchain Support: Merchants can generate static addresses across different blockchain networks for a single user, enabling flexibility in accepting various cryptocurrencies.

• Multi-Token Compatibility: Users can utilize the same static address to send different tokens, particularly within networks like Ethereum, where a single address can manage multiple ERC-20 tokens.

Extensive Cryptocurrency Support

Our Crypto Acquiring Static Addresses product allows merchants to generate static addresses across multiple blockchain networks for a single user, enabling acceptance of various cryptocurrencies. Please refer to the following page for a list of supported cryptocurrencies:

💱Coverage

Auto Convert

Businesses using the Inqud Crypto Acquiring Static Addresses have the option to utilize the 'Auto Convert' feature, which serves as a crucial tool to insulate from the volatility of the cryptocurrency market. When this option is enabled in the project's settings, the Inqud system takes over the conversion process. Upon receiving the cryptocurrency payment, the system immediately exchanges the crypto into a selected currency. This conversion is based on the prevailing market rates at the time of the cryptocurrency transaction, ensuring that businesses receive a stable amount.

Ways to integrate

The Crypto Acquiring Static Addresses solution is designed for seamless integration via our API. Please note that Inqud does not provide a user interface (UI) for this solution; merchants are responsible for developing their own UI.

Please refer to the integration page for more details:

💻Integration