At MoissaniteBay, we constantly keep up with modern trends, especially technological ones. For this reason, we are delighted to announce that our brand is one of the first fine jewelry brands to accept cryptocurrencies as a form of payment. The rise of cryptocurrencies is making way for more convenient and instant payment systems, and as a result, disrupting the way e-commerce is conducted. By adopting cryptocurrency as a payment method, we strive to enhance your online journey and expand your choices during the checkout process. If you wish to buy loose moissanite stones and engagement rings with Bitcoin, Ethereum, or Bitcoin Cash, you can do so through our website.
Cryptocurrencies are digital currencies that are not issued or controlled by financial institutions or governments but rather use encryption techniques to regulate their use and supply. Users verify crypto transactions on the blockchain network in a decentralized manner. Depending on the cryptocurrency, those transactions become public records to prevent the coin from being spent multiple times by the same user. Additionally, there is no need to go to a bank, withdraw money or even enter a credit card number before submitting a payment. As a disruptive force, the blockchain network is fast, offers unparalleled security, reliability, and has low transaction costs.
Once you add your MoissaniteBay products to your cart, you can begin the checkout process. First, please scroll down and choose the Coinbase Commerce option when redirected to the payment page. From there, please click Complete Order to be redirected to Coinbase’s payment page.
You will find the options to pay with the following cryptocurrencies:
Bitcoin: It is the coin that started it all. In 2008, Satoshi Nakamoto drafted his evolutionary idea about the blockchain network and Bitcoin in a paper entitled “A Peer-to-Peer Electronic Cash System.” Nakamoto hoped to create a system that would decentralize the financial sector through encrypted peer-to-peer digital transactions.
Ethereum: A coin created based on the invention of bitcoin. Its creator, Vitalik Buterin, imagined Ethereum as a platform that the public will use for more than financial transactions. Instead, Ethereum is an ecosystem for developers to create decentralized applications without third-party platforms, such as smart contracts.
Bitcoin Cash: While this coin is similar to Bitcoin, notable differences set Bitcoin Cash apart. Bitcoin Cash allows several more transactions than Bitcoin by increasing the size of its blocks. By increasing its number of transactions, Bitcoin Cash hopes to compete with industry giants like Visa and PayPal.