How to Use Cryptocurrencies for Purchasing a Pro Subscription

Using cryptocurrencies for the first time can feel intimidating. This guide is designed to help first-time users navigate the process smoothly, offering tips and recommendations for a hassle-free experience.

Table of Contents

  1. Why Use Cryptocurrencies?
  2. Supported Cryptocurrencies
  3. Recommended Cryptocurrencies
  4. The Basics
  5. How to Acquire Cryptocurrencies
  6. Steps to Buy Cryptocurrency
  7. Payment Flow on Our Site
  8. Important Notes
  9. Conclusion

Why Use Cryptocurrencies?

Cryptocurrencies provide a decentralized, secure, and efficient way to make online payments. By using cryptocurrencies, you can benefit from lower transaction fees, faster processing times, and enhanced privacy.

Supported Cryptocurrencies

We support several cryptocurrencies to give you flexibility and convenience. Here are the supported cryptocurrencies and their networks:

The basics

What is an Address?

An address in the cryptocurrency world is like an email address, but instead of sending and receiving emails, you send and receive digital currency. It’s a string of letters and numbers unique to you, and you use it to receive funds from others. Addresses are case-sensitive, and any funds sent to the wrong address are non-recoverable, so it's crucial to double-check addresses before sending.

What is a Wallet?

A wallet in the cryptocurrency world is a tool that allows you to store, send, and receive digital currencies. Some of the different types of wallets:

  • Software Wallets: These are applications you install on your computer or smartphone.
  • Hardware Wallets: Physical devices designed to securely store your cryptocurrency offline.
  • Exchange Accounts: You can also use an account on a cryptocurrency exchange as a wallet. This is convenient for beginners, as the exchange handles the technical aspects of storage and transactions. For a list of recommended exchanges, see the next section.

How to Send a Transaction?

To send a transaction, you need to know the recipient’s address. Here’s a simple step-by-step process:

  1. Open Your Wallet: This could be a software application on your computer or smartphone, or an account on a cryptocurrency exchange.
  2. Enter the Recipient’s Address: Copy and paste the recipient’s address to avoid mistakes.
  3. Specify the Amount: Enter the amount of cryptocurrency you want to send.
  4. Confirm the Details: Double-check the recipient’s address and the amount.
  5. Send: Click the send button. Your transaction will be processed and recorded on the blockchain, which is the public ledger for all transactions.

Other Basic Info

  • Private Keys: Just like you need a password to access your email, you need a private key to access your cryptocurrency. Keep it secure and never share it.
  • Blockchain: This is the technology that powers cryptocurrencies. It’s a public ledger that records all transactions.
  • Transaction Fees: Sending cryptocurrency usually involves a fee, which goes to the network that processes the transaction. Fees may vary depending on the cryptocurrency. For our recommendations on cost-effective options, please refer to our Recommended Cryptocurrencies section.

How to Acquire Cryptocurrencies

If you don't already own any cryptocurrency, you can easily acquire some using a credit card through various exchanges. Here are some popular options for users in the US and Canada:

  • Coinbase (link): A user-friendly exchange where you can buy cryptocurrencies using a credit card.
  • Kraken (link): Another reputable exchange that allows you to buy cryptocurrencies with a credit card.

Cryptovoucher.io

Another convenient option is Cryptovoucher.io, which allows you to quickly buy cryptocurrencies using a credit card. However, please note that Cryptovoucher.io also requires KYC (Know Your Customer) verification, which involves providing an ID card. While Cryptovoucher.io offers convenience, its fees are higher compared to the exchanges listed above.

Steps to Buy Cryptocurrency

  1. Create an Account: Sign up for an account on your chosen exchange.
  2. Verify Your Identity: Complete the necessary identity verification process.
  3. Add Payment Method: Link your credit card to your exchange account.
  4. Purchase Cryptocurrency: Select the cryptocurrency you want to buy and complete the transaction.

We recommend using Litecoin (LTC) for smooth transactions.

Payment Flow on Our Site

When you're ready to purchase a Pro subscription, follow these steps to complete the payment using cryptocurrencies:

Step 1: Create an Account

Visit our website and sign up for a new account. Write down the authentication token, as you won't be able to recover it later.

Step 2: Select a Pro Subscription Tier

Log in to your account. Navigate to the subscription page. Choose the Pro subscription tier that suits your needs.

Step 3: Select Subscription Duration

Select the number of months you want to subscribe (note: multiple-month subscriptions come with a discount).

Step 4: Redirect to Oxapay

You will be redirected to our payment provider, Oxapay. Select the cryptocurrency you wish to use for the transaction.

Step 5: Send the Required Amount

Oxapay will generate a unique payment address for your transaction. Send the exact amount of cryptocurrency to the address shown. Do not deduct the transaction fee from the payment amount when sending cryptocurrency. Triple-check the address before sending the payment. Even one incorrect character will result in the loss of funds. If possible, copy the address or scan the QR code to avoid errors.

Step 6: Transaction Confirmation

Your subscription will become active on your account as soon as the cryptocurrency transaction is confirmed. Note: With certain blockchains such as Bitcoin, this can take several hours. Faster blockchains like Litecoin (LTC) or Bitcoin Cash (BCH) usually confirm transactions much quicker.

Important Notes

  • Sufficient Payment: Ensure you send the exact required amount. If you pay less than the required amount, the funds will be lost, as Oxapay considers it a failed transaction. Do not deduct the transaction fee from the payment amount when sending cryptocurrency.
  • Invoice Expiry: Payment links expire after 48 hours. If you are unsure if you can complete the transaction within this time, create a new order.
  • Address Accuracy: Triple-check the payment address. Any mistakes will lead to a total loss of funds. Use copy-paste or QR scanning to avoid errors.

Conclusion

Using cryptocurrencies to purchase a Pro subscription on our site is secure and efficient if done correctly. By following this guide and using recommended cryptocurrencies, you can enjoy a smooth experience. Should you have any questions or encounter any issues, please do not hesitate to reach out to our team.