How does BitnovoPay works?
If cryptocurrencies are not your speciality, don't worry! Just enter the amount you wish to collect in your preferred currency and generate the payment request.
Let's start with the basics
A customer has arrived at your store and wants to pay with cryptocurrencies and now you have the Bitnovo Pay solution. You will be able to offer all the available cryptocurrencies that your customer can use to make the payment, and after a few minutes you will have the funds available in your Bitnovo Pay account.
Create your first payment
You can easily generate a payment from our dashboard. Type the amount in the currency you want and complete the options. At the end you must share the request with your customer by mail or by sharing the payment link.
Best market pricing
A quote for your customers at a competitive rate, we take the cryptocurrency quote at market price. We want your customers to get the most out of their crypto-assets, which is why they prefer Bitnovo Pay.
Crypto to Euro conversion
The received cryptocurrencies are auto-converted to Euros so that you can transfer them to your bank account. Our service fee of 0.95% per completed transaction is the lowest in the market. If you don't wish to withdraw your income by SEPA Transfer, you can also convert your balance into the cryptocurrency of your choice and withdraw to your own wallet..
Understanding blockchain timing
Confirmations in blockchain networks occur when a block is completed on chain and generates a validation that the transaction is completed, it is a continuous process without interruptions. Some protocols such as Bitcoin Lightning are ultra-fast, practically instantaneous, while in the normal Bitcoin blockchain blocks are generated every 10 min. We have implemented a technology that allows us to predict the correct veracity of payments without the customer having to wait for long confirmation times.
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