CoinPayments Integrates FIO Protocol to Enable Easy, Risk-Free Crypto eCommerce Payments
How is cryptocurrency actually being “used”? This is the most common criticism leveled at crypto enthusiasts. After all, a “currency” is something used to buy stuff — but buying stuff with crypto has always faced three big challenges:
Fortunately, with CoinPayments’s integration of the FIO Protocol, online shoppers can now transact in the cryptocurrency of their choice in an easy and error-free way.
Even the most ardent crypto enthusiasts can probably acknowledge that they have felt a bit of anxiety when trying to purchase something with crypto. The process of copying and pasting a complex public address is delicate; the fear of sending tokens to the wrong chain — like sending USDT (ERC20) to a USDT (Omni) address, for instance — and consequently experiencing a complete loss of funds is real; and the risk of accidentally sending the wrong amount of token, causing the purchase to fail, is an error that often creates a lengthy support process for the customer at a high cost of resolution for the seller.