We’re proud to announce our partnership with CoinPayments!
CoinPayments has support for over 65 cryptocurrencies and growing, which means that all My Private Network users are now able to facilitate their payments to us using any of their favourite coins.
This will replace our older Bitcoin processor – BitPay mainly because we had noticed the sky-rocketing transaction fees of Bitcoin over the past few months and we wanted to accept some of the newer, faster and cheaper coins. We’ve found that users will usually convert Bitcoin to Ethereum or other cryptocurrencies anyway to avoid paying high fees on the Bitcoin network.
So with CoinPayments, we’re bringing you over 65 other alternatives which includes privacy coins like Monero. If you didn’t know, Monero offers superior privacy on transactions which makes tracking wallet owners incredibly difficult. Read more about the benefits of Monero over Bitcoin on Medium.
If you’d like to make a new payment using CoinPayments, simply select that option when you’re renewing your subscription. Learn how to renew your account here.
If you require further clarification, please send an email to our support team at [email protected] and we’ll try our best to assist you.