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What is a cryptocurrency payment gateway?
A crypto payment processor is a tool that allows businesses to accept payments in cryptocurrency for their products or services. It acts as a mediator between the buyer, the seller, and the blockchain network, ensuring the transaction is completed securely and efficiently.
How does a cryptocurrency payment gateway work?
Let’s investigate why businesses need a crypto payment gateway to accept coins using BitHide’s flow as an example.
Businesses that want to accept coins must incorporate the cryptocurrency gateway into their platform or application. Otherwise, there is no way to generate multiple unique addresses for cryptocurrency payments. In the case of BitHide, you install the software onto your server and connect the tool to your website or app.
Afterward, you can start accepting coins. Investigate how it works.
- Step 1. The buyer selects cryptocurrency as the payment method at checkout and initiates the payment.
- Step 2. The gateway generates a payment address for the buyer to send the cryptocurrency.
- Step 3. The buyer sends the required amount of cryptocurrency to the payment address generated by the gateway.
- Step 4. The processor verifies the transaction and sends a confirmation to the seller.
- Step 5. The gateway transfers the cryptocurrency to the seller’s wallet and stores the transaction data on the seller’s server.
However, crypto payment processors can grant other perks apart from serving regular transactions. For example, BitHide assures the complete anonymity of the transactions, so you and your clients will remain unknown if you keep your private keys safe. This is thanks to the combined usage of TOR and VPN. Additionally, the tool helps simplify accounting and the management of multi-merchant accounts.
Are crypto payment gateways safe?
Although many gateways claim the safety of crypto payments, it’s not that easy. Generally, you can consider crypto gateways safe. However, it doesn’t mean that no third parties access your data. Moreover, it doesn’t mean your wallet’s structure is impeccable. Look how it works.
There are two types of gateways. Some store data on cloud servers. Others do that on private clients’ servers. In the former case, the gateways’ clients don’t possess the data but can only access it with their private keys. Cloud providers, in turn, are obligated to share this data with legal bodies upon request. This is called KYC/AML verification. In the latter case, your data is stored on your private servers, so only you are its owner. Again, this means only you decide whether it must comply with KYC/AML.
As for the wallet’s structure, there is another situation. Although blockchain transactions are considered untraceable, it’s not true. Only a few gateways can mess up the trace in such a way that no third parties can decipher it. For instance, BitHide uses the Dark Wing technology based on the simultaneous handling of VPN and TOR. This allows keeping your wallet safe.
What is BitHide?
If you need to accept digital payments, there is no option to succeed without a payment gateway, a third-party payment processor accepting payments from customers to your financial account. To accept coins, you need a cryptocurrency gateway.
BitHide is a crypto payment gateway helping accept customers’ remittances in bitcoin and other cryptocurrencies.
It is anonymous
So you can easily manage your payments.
It is self-hosted
So you can take full control of your wallet.
It is designed for large-scale businesses
So you can receive payments from multiple merchants and manage them in one wallet.
Being equipped with the Dark Wing technology, BitHide is the outstanding cryptocurrency payment gateway that makes your wallet safe and well-protected from third-party control.
Are you sure that your crypto payments are anonymous?
Law enforcement and intelligence agencies track the owners of cryptocurrencies.
In 2014, a group of CryptoLux scientists from the University of Luxembourg published a study. It describes a real way, with a 100% certainty to determine the identity of any cryptocurrency user.
DON’T RISK!
Using wallets and cryptocurrency payment gateways running on third party servers, you risk revealing your identity or losing funds at any time.
Are you still willing to take risks with your anonymity?
Thousands of cryptocurrency holders lose money and reveal their identity every year due to the wallet vulnerabilities.
Why BitHide?
Your own server
The crypto gateway payment and the BitHide crypto wallet are hosted on your server. The safety of funds and data is completely in your hands.
No AML no KYC
You can accept crypto payments in any amount from any customers, without having to disclose your identity and payment details.
Completely anonymous
Your crypto gateway and wallet will access the Internet using our Dark Wing technology.
Get a solution
BitHide - anonymous crypto payment gateway and wallet.
What is the Dark Wing technology?
BitHide crypto payment gateway solution makes transactions anonymous using the Dark Wing technology. This technology consists of 2 stages of hiding your real IP address.
First, the transaction data is transmitted to the TOR network. They go through a chain of 3 or more addresses, hiding your real IP. The disadvantage of this system is that the blockchain network blocks most of the TOR IP addresses. We were the first to solve this problem, by adding the 2nd stage of encryption - VPN.
From the TOR network, your transactions are transmitted to the servers of VPN service providers. Their IP is no longer blocked by blockchain nodes, and you can freely use an anonymous crypto payment gateway.
For each new transaction, the Dark Wing changes its IP address for both, TOR and VPN. This way, your transactions cannot be placed into a single wallet, based on the IP address.
The Dark Wing technology - is the combination of 2 encryption systems. It allows you to use the advantages of TOR and VPN, canceling out their disadvantages.
As a result, combining crypto addresses into a single wallet becomes literally impossible.
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Three simple steps to install BitHide
Leave a request
Enter your contact details to get access to BitHide.
Install BitHide
Follow the instructions to install a crypto wallet and a crypto payment solution on your server.
Receive and send payments
Connect an unlimited number of merchants using a simple and comprehensible API documentation.
Get access to the BitHide's cryptocurrency gateway right now
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Accept and manage Bitcoin and other crypto
Different gateways serve various coins. This means you need to choose a solution that processes those coins you’d like to add as payment means. In the case of BitHide, you can accept the following:
Bitcoin
Ethereum
Litecoin
Tron
USDT-OMNI
USDT-TRC20
USDT-ERC20
Other coins
More options with BitHide's crypto payment gateway
Detection tool, used to check cryptocurrency associated with the criminal activity. It also makes possible to determine which crypto currency cannot be accepted and how your crypto currency is seen by the crypto exchanges.
A service for setting apart "risk" cryptocurrencies from the bulk of the funds and placing it in isolation. Allows you to secure the cryptocurrency passing through your crypto payment gateway.
Convenient automatic withdrawal of funds to the pre-determined wallets. Eliminates the need to withdraw funds manually every time.
You can accept payments from multiple brands of your businesses and keep track of each separately.
Having a backup copy of your wallet, guarantees the safety of funds in the event of a hardware breakdown.
The ability to add multiple administrators and delimit their access to the functions of the crypto payments gateway and merchants.
Our clients choose BitHide when the need arises:
- To send and receive a payment, no matter the amount, while remaining anonymous.
- To receive funds in cryptocurrency, to a different accounts.
- To store the funds in a wallet, without the risk of intrusion.
BitHide is essential for brokerage companies, stock exchange, online casinos, exchange offices and any other business that uses cryptocurrency for financial transactions. All of the above can be done, while completely remaining anonymous.
100% Anonymous
no KYC no AML
Hosting on your servers
GET A SOLUTION
BitHide аnonymous сrypto wallet interface
FAQ
Which payment gateway is best for cryptocurrency?
Several cryptocurrency gateways are available, and the best one for a particular business will depend on its specific needs and requirements. If you are looking for a highly secure payment gateway, try BitHide, it’s one of the best anonymous payment gateways on the market.
How do I accept crypto as payment for services?
To accept payment in cryptocurrency, choose a crypto gateway and connect it to your website or application. Upon integration, you can start receiving crypto for your services.
What payment processor accepts crypto?
There are unique gateways that are designed especially for accepting crypto. BitHide is one of them. It guarantees the high anonymity of all transactions and delivers additional services for all types of businesses.
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