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CoinSwitch – Entreprenuers: Here’s how CoinSwitch can help your business expand
Bitcoinist | Feb 14, 2019 | 03:00
Hey, Business Owner! Thought of accepting crypto but don’t know where to start? Here is one solution.
After Bitcoin debuted, hundreds of other cryptocurrencies hit the market. Though many of these coins brought innovative new features to the table, the sheer number of different projects on the market can be overwhelming– for consumers and business owners alike. CoinSwitch — a cryptocurrency exchange aggregator — offers a wide variety of tools that are designed to benefit not only anyone who owns an e-commerce business or makes money online but also local companies that do most of their business in person. Partnering with a company such as CoinSwitch could give your customers entirely new ways to use cryptocurrency to purchase products or services. Here’s a quick overview of how CoinSwitch’s business-to-business features can benefit your business.
e-Commerce businesses
If you sell a product or service online, you would benefit greatly from integrating CoinSwitch into your site. Cryptocurrency is already popular, but in the future more of your customers will want to use digital money.
The question is– which cryptocurrency should you accept?
With CoinSwitch, you don’t even have to think about the answer to that question. The reason: CoinSwitch supports over 350 of the most popular cryptocoins and tokens. The installation process takes less than five minutes. All you have to do is insert their “Pay With Altcoin” button on your website.
Setting up CoinSwitch is just as simple. During the account creation process, you choose the cryptocurrency that you want to receive. The final result: your customers will be able to finalize their purchases by paying with the cryptocurrency of their choice.
Game developers and gambling sites
Experts believe that blockchain-based technology will soon flip the $123 billion video game industry upside down. Cryptocurrencies provide game developers with new fundraising opportunities. Moreover, cryptocollectibles– gold, weapons, characters and items that exist independently of any single game title– will soon reshape the way that games are played.
Indie game developers aren’t the only ones that are interested in these possibilities. Square Enix, the company behind titles like Tomb Raider, Kingdom Hearts, and Final Fantasy, is “very interested in potential applications for blockchain technology in the digital content space.”
CoinSwitch’s API gives game developers an easy way to integrate cryptocurrency into their games. For casino game platforms, such as stake.com, integrating cryptocurrency payments is a no-brainer. That’s why they’re already using the CoinSwitch API to let their customers gamble with bitcoin and nearly every other type of cryptocurrency.
Bloggers and social media influencers
If you have a large social media following or a blog, this company gives you more ways to monetize your content. Cryptocurrency tips is just one possibility. You can also use CoinSwitch to give your audience the ability to access exclusive content.
Wiki of Thrones– a blog about Game of Thrones– has set up a crypto payment link with CoinSwitch.
Brick-and-mortar stores
This innovative approach isn’t only for internet entrepreneurs– it can also benefit local businesses. Setting up a crypto payment link with CoinSwitch is far easier than applying for a Point-of-Sale mobile device.
Examples of how businesses are using CoinSwitch
If you own a blog like Wiki of Thrones, all you have to do is sign up for a CoinSwitch account. During account creation, the CoinSwitch interface walks you through the setup process. When you’re finished, you’ll have a link that you can place anywhere on your site.
Wiki of Thrones has decided to place their link on the bottom of each article:
Readers that opt to donate are taken to the crypto payment page depicted below. They can then either pay in Bitcoin, or select one of 300+ supported altcoins.
Digital casino Stake is using the CoinSwitch API to give their customers a way to deposit nearly any type of cryptocurrency. If they have altcoins they want to gamble, all they have to do is click the green deposit button on the top of the page. That takes them to the deposit screen depicted below. The blue CoinSwitch button on the bottom of the screen gives them the option to pay with the cryptocurrency of their choice.
Visit CoinSwitch.co, create your account and start letting your customers use cryptocurrency to buy your products and services today.
