Is there another method for the transaction that allows anonymity? Most people buy products online or in stores with currency, debit, or credit cards. Such transactions require any bank as the middle person. Also, they offer you no anonymity. What if you have a method to complete any transaction without revealing your details? One method that offers complete anonymity is cryptocurrency.
Using cryptocurrency is becoming popular to buy products such as disposable vapes. Initially, people felt reluctant to use the alternate method due to fear of not involving banks. But, with time, it has changed because most people now realize that they can complete transactions securely using cryptocurrency. Let’s see what cryptocurrency is and how it has become the latest transaction option for buying products.
About Cryptocurrency
You may have heard about Bitcoin, a peer-to-peer payment network and cryptocurrency reaching record prices after interest shown by Elon Musk. So, what exactly is cryptocurrency or digital currency? It is the new money that can become an alternative to traditional money. It uses cryptography to ensure security during transactions. The value of popular cryptocurrencies goes up or down. Many traders consider it an excellent investment. Hence, digital currencies are traded on famous stock exchanges such as New York Exchange by various companies.
Where To Get Cryptocurrency?
Unlike feat money, the treasury of a country does not print cryptocurrencies. It is a virtual currency that you can buy from crypto exchanges. You can use feat money to purchase from the exchange. Several user-friendly crypto exchanges offer coins such as Bitcoin, Bitcoin Cash, Litecoin, and Ether. Apart from having some unique features, cryptocurrencies offer anonymity that many people seek while buying products related to vaping like vape devices, cannabis strains, or vape juice like Pachamama apple ejuice. Many weed sellers are looking into cryptocurrency transactions due to their high security and transparency. While it is only a decade old, cryptocurrencies have evolved as many companies have shown interest. Here is why people choose it for transactions over fiat currencies.
Benefits Of Buying Vapes With Cryptocurrency
In many parts of the world, e-cigarettes and vape juice have legal status. So, people can buy it with ease. But, if you live in countries that have not approved the sale, making a purchase can land you in hot water. Using feat currency to make the purchase can easily lead the law enforcement officials to your doorstep. By using cryptocurrency, you can enjoy the following advantages:
- Cryptocurrency May Offer Discretion
Using cryptocurrencies such as Bitcoin for vape purchase offers discretion. Unless you voluntarily publish information on your transaction, you remain anonymous. Hence, your identity becomes complicated to track. A Bitcoin transaction generates a bitcoin address that changes with each transaction. Remember, it does not mean all your transactions remain entirely anonymous. Others cannot easily access your identity, like in other purchase options such as debit/credit card transactions.
- Peer-To-Peer Focus
The cryptocurrency payment system has a peer-to-peer focus. It means all the users worldwide can send or receive payments to or from the others on the network. It requires no approval from an external authority such as banks. Unlike the typical transaction using a bank, you never have to wait for approval from a third party.
- Elimination Of Banking Fees
When you use traditional payment such as debit or credit cards to buy vapes, your bank will charge you fees. You have to pay it for account maintenance in the bank, overdraft charges, and others. But, cryptocurrency exchanges only charge you a minimal amount known as maker and taker fees. So, you don’t have to worry about the costs linked to maintaining the bank account with fiat currencies.
- Mobile Payments
You can use a cryptocurrency payment system anywhere with internet access. It is similar to different online payment systems. You can sit at home and access the platform to buy vapes without going out. However, unlike other online payment options, you never have to share personal information to complete the transactions.
Steps To Make A Purchase With Cryptocurrency
For a beginner using cryptocurrency to purchase vapes, you may feel it confusing. But, once you understand the process, it seems simple and easy to complete. You can follow the steps suggested below to buy different products such as vape pens, cartridge batteries, box mods, and other accessories using cryptocurrencies.
Step 1
Find a reputed and trusted platform that offers you vape and other products. Check if it allows payment using cryptocurrencies. Most platforms may support cryptocurrency payment using digital currencies such as Bitcoin, Etherium, and Litecoin.
Step 2
Choose the product from the site and save it in your cart. Proceed to the checkout section of the online shopping platform.
Step 3
Complete all the information along with the shipping details.
Step 4
From the different payment options, you can choose the cryptocurrency option. It will redirect to a Bitcoin payment processor such as BitPay. A crypto payment gateway refers to the platform for an online transaction that allows any company to accept payment in digital currencies.
Step 5
While you will see an invoice, it will never ask you for any sensitive debit/credit card information. You can send the payment from the wallet app using any of the three methods:
Option A: Scan The QR Code
For people who do not have a wallet on their phone, scanning the QR code will open the payment in the wallet. After you confirm the details, the wallet makes the payment.
Option B: Open In Wallet
If you use the phone containing the wallet to see the invoice, you can open the payment in the wallet by tapping the option. Confirm the details to make the payment.
Option C: Manual Payment
Copy the address and the amount from the invoice to the wallet to complete the payment.
After the payment, you get the confirmation mail. You can now relax as the platform takes care of the rest.
Conclusion
Many platforms selling vapes support cryptocurrencies as it offers free, fast, and discreet shipping to the customers. So, you can purchase vapes or other related accessories without releasing your personal information. Also, many platforms offer bonuses to make the payment option more attractive. Try a cryptocurrency payment method for a hassle-free alternative to purchase vaporizers by placing an order today!
