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Board Service Announcements
Re: [ANN] BITCOIN - Start your own WooCommerce BITCOIN/Altcoins eShop in 10 Minutes!
by
ranlo
on 01/05/2017, 16:35:20 UTC
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Looks good.
Can you explain how gourl bridges a bank account and Dash please? (noob version for someone who doesn't know much about payment processors)

General instruction -

Convert received Bitcoin/DASH/altcoins to USD/EUR

https://gourl.io/#section8


You will need to create an account on any crypto trading platforms (Poloniex.com or Bitstamp.com or Bitfinex.com, etc)
Setup so that all your received payments are automatically forwarded from your GoUrl.io account to your account on Poloniex/Bitstamp/Bitfinex/etc (enter your Poloniex/Bitstamp/Bitfinex/etc coin wallet address in gourl payment box settings). And use the "autosell" feature (auto trade your cryptocoins to USD) on Poloniex/Bitstamp/Bitfinex/etc.
Using that functionality you don't need to worry if cryptocurrency prices go down or up. Within 1-2 hours after a cryptocoin payment has been received by you, your payment will be automatically converted to USD on Poloniex/Bitstamp/Bitfinex/etc and will be kept on your Poloniex/Bitstamp/Bitfinex/etc USD account.
Later you can withdraw your USD from Poloniex/Bitstamp/Bitfinex/etc to your own USA/UK/France/etc bank account

The big benefit of our GoUrl Cryptocoin Payment Box is that it fully integrated on your website, no external payment pages opens (as other payment gateways offer).

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What conversion rate is it using, though? Even excluding the obvious volatility of coins, how it's calculated means a lot. Some have a spread of 5%+, and if you're using the buy price to decide value, the sell price could be far less (meaning that $10 you just got only sells for 9).