Supported Coins
Accept WAX Payments – WAXP Payment Gateway
XAIGATE is best cryptocurrency payment gateway is a service that allows businesses to accept WAX (WAXP) payments from customers. It acts as an intermediary between the buyer and seller, handling the processing and settlement of cryptocurrency payments. Try #1 WAX (WAXP) Payment Gateway Now!
- Only 0.2% Transaction Fee
- 9.866+ Supported Coins
- No Monthly Cost
- Security & Global reach
- No hidden fees
Why accept WAX (WAXP)
What is WAX (WAXP)?
WAX (WAXP) is a token associated with the Worldwide Asset Exchange (WAX) blockchain, designed specifically for online commerce. Launched in 2017, WAX aims to make online transactions faster, safer, and more convenient for all participants.
Here’s a breakdown of WAX (WAXP):
- Blockchain for commerce: WAX is a purpose-built blockchain designed to streamline online transactions.
- DPoS consensus: WAX utilizes a Delegated Proof-of-Stake (DPoS) mechanism to achieve consensus on the network.
- WAXP token: WAXP is the native token of the WAX blockchain. It’s an ERC-20 token initially issued on the Ethereum blockchain.
WAXP token functionalities:
- Governance: WAXP holders can participate in the governance of the WAX platform by voting on proposals related to the network’s development.
- Facilitating transactions: WAXP tokens are used to pay for transaction fees on the WAX blockchain.
- Staking: WAXP tokens can be staked to contribute to the security of the network and potentially earn rewards.
WAX (WAXP) payment METHODS
How Does WAX (WAXP) Payment Work
The Global Cryptocurrency Payment Gate way is a service that allows businesses to accept WAX (WAXP) payments from customers. It acts as an intermediary between the buyer and seller, handling the processing and settlement of cryptocurrency payments.
Step 1: Register Account
Create a XAIGATE account to process cryptocurrency transactions quickly and easily. You can sign up and start processing transactions without adding KYC or bank account information.
Step 2: Setup with APIs or Plugin
Set up your XAIGATE account by adding some necessary details, such as your business information and payment preferences. Explore the XAIGATE API to learn how to accept WAX (WAXP) payments on your website.
Step 3: Accepting WAX (WAXP) payments
Congratulations! You can now let your customers pay in cryptocurrency. Explore the many benefits of accepting crypto payments with XAIGATE
About WAX (WAXP) Payment
Why Businesses Accept WAX (WAXP) Payment
Businesses, particularly those in the gaming and digital goods space, might choose to accept WAX (WAXP) payments for a few reasons:
- Tech-savvy customer base: Businesses targeting gamers and NFT enthusiasts, demographics often comfortable with cryptocurrencies, can cater to their preferred payment methods.
- Faster transactions: Compared to traditional payment methods, WAX boasts faster transaction speeds, potentially leading to quicker processing times and improved customer experience.
- Lower fees: WAX eliminates gas fees, which can be a significant advantage for businesses compared to other blockchains where transaction fees can fluctuate and be high. This can help businesses keep their costs down.
- New market reach: Accepting WAX opens businesses up to a global audience comfortable using cryptocurrency for transactions.
WAX (WAXP) token is the cryptocurrency used on the Worldwide Asset Exchange (WAX) platform. It has a few different purposes:
- Payment for transactions: WAXP is used to pay for fees associated with running smart contracts on the WAX network. These smart contracts can be used for various things, like buying and selling virtual goods in online games.
- Staking: Like many other cryptocurrencies, WAXP can be staked. This means that users can lock up their tokens to help support the security of the WAX network and earn rewards in return.
- Purchasing items: WAXP can be used to purchase digital assets on the WAX marketplace, such as virtual items in games or non-fungible tokens (NFTs).
Here are some reasons why you might choose WAX (WAXP):
- Focus on gaming and NFTs: WAX positions itself as the leading Web3 platform for gaming and NFTs. They promote a large library of games featuring top titles, along with features specifically designed for a smooth user experience in this area, like fast transaction speeds and no gas fees.
- vIRL NFTs: WAX offers a unique feature called vIRL NFTs, which are patented NFTs that can connect to real-world products and services. This adds an extra layer of utility and potential value to NFTs on the WAX platform.
- Ease of use: WAX aims to be user-friendly, particularly for gamers and NFT enthusiasts. They claim to have a user-friendly wallet and a focus on eliminating complexities like gas fees.
What is the WAX (WAXP) payment gateway?
A Bitcoin Payment Gateway is a service that allows businesses and individuals to accept WAX (WAXP) tokens as payment for goods or services. It acts as a bridge between the traditional financial system and the world of cryptocurrencies, simplifying the process of receiving and processing WAX (WAXP) payments.
Here’s how a WAX (WAXP) payment gateway works:
- Merchant Integration: The merchant integrates the payment gateway into their website or point-of-sale system.
- Customer Selection: During checkout, the customer chooses WAX (WAXP) as their preferred payment method.
- Transaction Initiation: The customer sends their WAX (WAXP) tokens from their wallet or exchange account to the gateway’s designated WAX (WAXP) address.
- Payment Processing: The gateway verifies the transaction on the Ethereum blockchain and confirms the validity of the WAX (WAXP) tokens.
- Settlement: Once confirmed, the gateway converts the WAX (WAXP) tokens to USD (usually at a 1:1 ratio) and deposits the equivalent amount into the merchant’s bank account.
How do I accept a WAX (WAXP) payment?
Accepting WAX (WAXP) payments can be a simple and efficient way to expand your customer base and benefit from the advantages of cryptocurrency transactions. These platforms offer user-friendly interfaces, robust security features, and API integrations for seamless and secure transactions.
How do I make a WAX (WAXP) payment?
To send WAX (WAXP) payments, you’ll need a WAX (WAXP) wallet. Simply copy the recipient’s wallet address or scan their QR code and enter the desired amount to send. It’s as easy as that!
Can I accept WAX (WAXP) at my business?
Yes, you can accept WAX (WAXP) at your business! In fact, doing so can offer several advantages for your business.
