Understanding Crypto Payments

Cryptocurrency is used by most DIY HRT sourcing websites and services. This is due to several factors, including:

• Privacy
• It being an international standard
• Accessibility

While it is used by companies and homebrew vendors, it can be difficult to understand. This guide looks at explaining the basics of cryptocurrency payments, how they’re done, why they’re used so much, and provides resources to help you understand crypto better.

Some topics we will cover are:

• How to set up a crypto wallet
• Setting up security (e.g., two-factor authentication) and why it’s highly recommended, as well as backup phrases and strings
• How to fund a wallet using third-party services like Binance
• How payments are typically made to vendors, such as companies like UnitedPharmacies or a homebrewer

----------------------------------------------------------------------------------------------------------------