Payments on CoinBundle
By: Coinbundle Team
Tags: Trading, Bitcoin, Mustreadcoinbundle, Investing, Cryptocurrency

We have been moving right along making upgrades and implementing changes to the platform. One key area we want to focus on is the payment interface. We have had a huge amount of feedback and requests asking for a crypto payment option. We decided to choose Paybear.io to be able to accept multiple cryptocurrencies including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Bitcoin Gold, Dash, and Ethereum Classic.

This is not financial investment advice.

This guide will walk you through the payment processes of purchasing bundles.

We received hundreds of requests for payments with crypto, so we can only imagine how many people didn’t say anything. Well, we are certain that most of them were simply tongue-tied and couldn’t say anything because you knew we were deep in the bowels of the underground CoinBundle bunker, devoid of light and any concept of passing time as we grind away 25 hours a day building this amazing investment platform.

You would be mostly correct in thinking that, except that our bunker flooded from a broken pipe and now we are forced to work out of our moonbase location. Seriously though, we are continually making developments and improvements to the interface in order to provide our users with the best possible experience.

We started working on the new payment method the same day we received all of the requests for a crypto payment option. When our users ask us to jump, we leap over buildings in a single bound… better yet — we fly! We selected Paybear to be our cryptocurrency payment solution and you can read all about them on their website at paybear.io.

In parallel with adding crypto pay, we also been implementing the new payment (buy/sell), withdrawal, and deposit flow. It has already been seamlessly implemented though, and we really, really know how busy life and work can be at times, so you may not have noticed the changes.

We added quick dollar amount buttons and a slider so it’s even more user friendly than before.

⚡️Start investing in bundles of cryptos https://app.coinbundle.com/

Deposit Cryptocurrencies

A 3.5% commission will be paid to the payment provider for processing credit/debit card transactions. CoinBundle does not collect this fee. If you pay with crypto, the only fee is what you pay to the blockchain network for verifying the transaction which is typically a very small amount.

You want to buy a bundle but your wallet balance is $0 and you can’t use your bank card for some reason? That’s okay if you’re cool with using your BTC, ETH, or other cryptos to pay for it. Click on

and the window below will pop up for you.

Card payments are selected by default, so if you want to use your crypto wallet, select the button with the coin logos, then press the user-friendly quick amount button of the amount you wish to deposit. The example below will process an amount of $50 in BTC, but you are able to use any of the available crypto options: BTC, ETH, LTC, BCH, DASH, and ETC.

If you do not yet hold any cryptos in a wallet, then consider the information that we have put together for making your first Bitcoin transaction. In this article, you will be stepped through the process of downloading a software wallet, buying coins and adding them to the wallet, and finally wraps up with the process of making a transaction.

Select BTC and this window will come up for you.

Go through the payment verification process by either copy/pasting the payment address into your personal wallet or scanning the QR code. There are buttons that will copy the address and amount to your clipboard so you can easily paste it into your wallet.

We have set up a 15 minute timer, which locks in your exchange rate for that amount of time so that you can take your time and carefully go through this process. If you make a mistake, it may not be reversible on the blockchain. So, please, please, please be careful and pay attention.

The personal wallet below has had the payment wallet address and amount copy/pasted so it is 100% accurate. Now that we are certain that this transaction is going to the right place and that the amount is correct, we can proceed.

And… as we all know — BTC can take a few (or more) minutes to verify on the blockchain.

If you feel that the transaction is taking too long, then check the transaction ID which you will find in the details of your wallet history. The screen below was taken a few minutes after submitting the transaction:

As you can see above, it is still unconfirmed. It should be confirmed by BTC miners relatively shortly and then we can get us some bundles! Keep this in mind if you are in a hurry. Recall from earlier, you will have the option of paying in 6 cryptos which are displayed below. You don’t need to use a slow coin if you have a faster one like LTC.

14 minutes later, the transaction has 2 confirmations, so we can proceed back to the platform and make sure the funds display — then load up on some diverse bundles of crypto!

Yes! Check it out. It went through just as expected. Now the wallet balance is $50.00. You can review the recent transactions section at the bottom right of the dashboard to see your history.

⚡️Start investing in bundles of cryptos https://app.coinbundle.com/

Flowing through the purchase (buy)

The Aggressive bundle looks pretty tasty right now, so let’s step through buying some with cryptos.

When you click on

you will see the following purchase popup window.

For simplicity and ease during on-the-go busy days… like when you have a million things to do and no time to do it in… We know it’s never just easy to exist around here, and that is why we are making this so user-friendly.

Time is one thing that can not be bought or sold… spend it wisely.

Look on the popup and notice these quick amount buttons:

These are pretty self-explanatory, but just to make sure: you can select one these quick amounts unless you want to use a different amount. If you want a different amount, you can just type it in the USD textbox.

The example below is the next step after selecting a quick amount button and then clicking on the pay button near the bottom of the popup.

Again, check your balances and transaction history to verify that everything is correct. That’s it. The purchase is complete. Next we will go over the flow of a sale.

⚡️Start investing in bundles of cryptos https://app.coinbundle.com/

Flowing through the sale (sell)

Let’s say we have a weak hand and notice that the aggressive price has dropped a few cents. Do we freak out and sell the whole bundle? It’s not recommended to make hasty decisions based on emotions, but you can do whatever you want with your money. For the purposes of instruction, we will sell all of the aggressive bundle that was just purchased from the portfolio right now.

Since we are going to sell the 0.567 Aggressing bundle from this portfolio, we will start by clicking on

to get the ball rolling. Once you select the sell button, the screen below will popup and you will select the amount you wish to sell.

One of our simplest, yet most helpful features of the sell process is the slide bar for selecting the amount you are going to sell. This was implemented at the request of our mobile community who also understand how life in the fast lane does not permit extra time killing tasks.

Begin sliding the bar as far to the right as you wish. You may also manually enter the amount of bundles to sell in the textbox directly above the slider.

NOTE: The slider screenshots above were all taken randomly within a 5 minute period. Notice the Current sell price at the top of each window. Due to spread and market fluctuations of each individual coin within the bundle, the price will move up and down.

Now that we have the slider where we want it, let’s keep moving through the flow and sell the Aggressive bundle from the portfolio by pressing the “Sell now and get $” button at the bottom of the popup. The following screen will be presented to confirm your transaction.

As always, check your balance and history to verify that everything happened accordingly.

⚡️Start investing in bundles of cryptos https://app.coinbundle.com/

Conclusion

So that is the payment flow in a nutshell. We have been developing and implementing tools and features on the platform to help users easily gain access to diverse crypto investing. The quick amount payment buttons and the slider bar were placed in the app for the benefit of our mobile users, which comprise most of our investors. Please enjoy crypto responsibly and let us know if you have any cool ideas that would improve your experience on the platform.

Just like corn, we’re all ears! Sorry for the corny joke.