In last 5 years, too many evolutions happened regarding online payment methods. Formerly, people use traditional methods for online shopping like credit, debit card or bank wire transfer. Now a new and safe payment method is available. It’s known as digital moneys, crypto moneys or coins. The most popular crypto money is Bitcoin (BTC). But, there are a lot of different crypto money currency circulation. One of the most known crypto moneys are Ripple (XRP), Ethereum (ETH), Litecoin (LTC). Recently, over 200.000 online store allow to shopping with crypto moneys. To shipping with crypto moneys are fast, safe and and anonymous. That money transfers almost do not leave any records that’s why many people would prefer it for their online tradings.
What is Crypto Moneys (Coins) ? Ripple, Litecoin, Ethereum.
According to the U.S. Treasury; ripple, litecoin and etheruem can most easily be described as a decentralized virtual currency. As we explained above, they can be define as a payment system for goods and services as well as crypto currency which protects personal informations of people using them. The payment system works without a bank. So it means crypto moneys are an open source and open for public. And they don’t leave any records or residue about who is transfering the money. So it’s safe for your private life.
Why would i want to use Ripple, Litecoin or Ethereum?
In terms of total market value, ripple, litecoin and etheruem are the most used crypto currencies after Bitcoin in existence. Like we said before, over 200.000 online store accept those crypto moneys as payment method. Besides, when you make payment with credit card or bank wire transfer you have to pay nearly 2-3% commision for each transaction. However, if you do shopping with crypto moneys you don’t pay and commision or less than 1%. And money transfer with crypto moneys are exactly faster and safer as well. Summarize, crypto moneys provide you with an anonymous and secure way of paying for things without having to go through credit card companies or banks.
How do i ise Ripple, Litecoin and Ethereum?
Insipte of the fact that the complexity of the technology itself, using crypto moneys is so simple. The first and unique important thing you can do is creating a ripple, litecoin or ethereum wallet it changes according to the currency you want to use doing shopping. You can easily find on google where to create a wallet for those crypto moneys. After that you need to upload money to your crypto wallet. You can do this with credit card, bank wire transfer or maybe you can buy from a friend or someone with wash. Finally, you are now free to make purchase with crypto money online. That’s only thing you do is, transfer the money from your wallet to the online store’s wallet. While you are doing shopping the online store will give you its wallet number.
We tried to give some information about doing shopping with ripple, litecoin and ethereum. You can find detailed information about how to do shopping with bitcoin at the link below as well.