common-close-0
BYDFi
Trade wherever you are!

How can I use Payoneer to receive payments in cryptocurrency?

avatarRico MaldonadoDec 29, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to use Payoneer to receive payments in cryptocurrency? I'm new to the world of digital currencies and would like to explore this option. What are the requirements and fees involved? How long does it take to set up an account and start receiving payments? Are there any limitations or restrictions on the types of cryptocurrencies that can be received through Payoneer?

How can I use Payoneer to receive payments in cryptocurrency?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    Absolutely! Payoneer is a great option for receiving payments in cryptocurrency. To get started, you'll need to create a Payoneer account and complete the verification process. Once your account is set up, you can navigate to the 'Receive' section and select the cryptocurrency option. Payoneer will generate a unique wallet address for you, which you can share with anyone who wants to send you cryptocurrency payments. When someone sends a payment to your Payoneer wallet address, the funds will be credited to your Payoneer account. You can then choose to convert the cryptocurrency to your preferred fiat currency or keep it as digital currency. Payoneer supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, and Ripple. It's important to note that Payoneer may charge fees for receiving cryptocurrency payments, so make sure to review their fee schedule for more information. Overall, using Payoneer to receive payments in cryptocurrency is a convenient and secure option for individuals and businesses alike.