Recurring payments with crypto assets are way to automate shipments of digital assets, either for the purchase of coins or for recurring payments.
Recurring Cryptocurrency payments are a way to automate the purchase of digital currencies at regular intervals. This strategy can help investors diversify their portfolio, reduce risk, and take advantage of market fluctuations. In addition, recurring payments with Cryptocurrencies can facilitate access to services and products that accept this type of payment, such as streaming platforms, subscriptions or donations. In this article, we are going to talk about how recurring Cryptocurrency payments work and what benefits they offer.
Recurring Cryptocurrency payments are automated transactions that occur at regular intervals, such as weekly, bi-weekly, or monthly. These payments can be used to purchase Cryptocurrencies periodically, following an investment strategy based on dollar-cost averaging, or to pay for services and products that accept this type of payment, such as subscriptions, donations or invoices. To establish a recurring payment with Cryptocurrencies, you need a payment gateway that allows you to schedule purchases or send funds to a specific address. In this way, human errors are avoided and time and commissions are saved.
Scheduled Cryptocurrency payments are a way to send or receive money at a specific time using blockchain technology. There are different options to make these types of payments, such as payment gateways, Cryptocurrency cards or smart wallets. Payment gateways are services that facilitate the acceptance of Cryptocurrencies in shops or businesses, such as Ccoins Pay, BitPay or Binance Pay. Cryptocurrency cards are instruments that allow you to pay with fiat currency using Cryptos held in a linked account, such as the Binance Card. Smart wallets are applications that allow you to schedule automatic payments with Cryptocurrencies according to certain conditions, such as the Ccoins Multifunctional Wallet which allows you to schedule payments to different Crypto addresses with multiple currencies. These options provide speed, security and economy to Cryptocurrency users.
Recurring or scheduled Cryptocurrency payments are a way to invest or spend money automatically and periodically using blockchain technology. Some advantages of this type of payments are:
Constant growth: of the Cryptocurrency portfolio by purchasing small amounts regularly.
Lower risk: by reducing the impact of market volatility and avoiding human errors.
Lower cost: by saving commissions and additional charges that traditional payment systems usually apply.
Greater security: by avoiding fraud or hacks that can affect electronic or banking payments.
Greater freedom: by not depending on intermediaries or regulations that limit payments.
Scheduled payments are those that are made automatically and periodically, without the need for user intervention. Some types of scheduled payments are:
Paid using credit or debit card: The user authorizes their bank to charge their account a fixed or variable amount from time to time.
Payments with electronic wallets: The user links their account from a service such as PayPal or Bizum to an online store or service provider and authorizes recurring payment.
Payments with bank transfers: The user instructs their bank to send a specified amount to another account each month, quarter, or year.
Automated payments with Cryptocurrencies: The user uses a Cryptocurrency wallet that allows them to schedule recurring payments to other Crypto addresses.
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Ccoins is a platform that allows its users to make scheduled shipments of Cryptocurrencies to other addresses. These shipments are made in Ccoins’ digital dollar currency, called CCUSD, which has a value equivalent to the US dollar. The User can choose between two types of scheduled shipments: Standard and Secure.
Secure shipping runs automatically every certain period of time, which can be daily, weekly, monthly or yearly. This shipping also requires an identity verification (Proof of Life) by the user who will receive before each shipment, which gives him more control and security.
This functionality is useful for making recurring payments, donations, savings or investments with Cryptocurrencies. Ccoins offers a simple and reliable way to manage scheduled shipments from your web wallet.
Ccoins Scheduled Payments is a feature that allows users to automatically send Cryptocurrency to other addresses. Some uses that Ccoins users can give to this functionality are:
Pay for services or subscriptions with Cryptocurrencies periodically and without complications.
Donate to organizations or social causes with Cryptocurrencies regularly and easily.
Save or invest in Cryptocurrencies in a constant and disciplined way.
Send remittances or financial support to family or friends with Cryptocurrencies quickly and cheaply.
Give or reward other people with Cryptocurrencies in a surprising and fun way.
Scheduled payment in Ccoins is a feature that allows you to create periodic Cryptocurrency shipments to other Ccoins addresses. To create a scheduled payment, you must follow these steps:
Log in to your Ccoins account and go to the section “Send”.
Then select “Periodic Shipping” and add a new shipment.
Now choose the shipping type (Secure) and add the recipient’s details
Select the Cryptocurrency you want to send (Currently you will only be able to make payments in CCUSD).
Enter the payment amount you want to run periodically.
Set the frequency (Daily, Weekly, Monthly or Yearly) and the date you want payments to begin.
Enter the recipient’s email to report the payment.
Once you have verified each point you just have to click on “Continue” and then in “Confirm”.
You can see the status of your scheduled payments in the section History from your wallet. You can also edit or cancel them at any time.
