Questions tagged [bitpay]

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8
votes
1answer
459 views

What percentage of merchant Bitcoin receipts are immediately converted into fiat?

Does anyone have access to this data from Bitpay or Coinbase perhaps? If so please break down the data by country and industry if available and how these statistics have changed over time.
8
votes
3answers
4k views

How does BitPay manage to confirm transactions so fast (less than a minute)?

I believe it takes about an hour for 6 confirmations. (Edited from David Schwartz's comment) However, when I purchased some stuff from merchants who used BitPay, the payment/orders were confirmed in ...
7
votes
1answer
1k views

What wallets are affected by the NPM package vulnerability?

Recently, a vulnerability was found in an open-source project used by some bitcoin wallet software (such as CoPay and BitPay). Are there any other wallets known to be affected by this vulnerability? ...
6
votes
9answers
24k views

Displaying price in BTC based on USD exchange rate

This is a pretty classic programming question, but I think it is a very common one for the Bitcoin community, and would be helpful to have the code publicly available. My preference is for a php ...
6
votes
1answer
4k views

How many confirmations does bitpay wait?

I've made one purchase with bitpay, it has been received by the merchant who is stating "Payment received. Waiting for more confirmations". While this is fine, I find it quite odd I didn't manage to ...
6
votes
3answers
344 views

How can I tell whether transactions were (not) made via BitPay / Coinbase?

Background Recently, Rep. Steve Stockman posed for a photo op with his Bitcoin address on a big QR code, which got shared. He has a Bitcoin donation page which asks for identifying info and goes ...
4
votes
4answers
724 views

Is there some website that aggregates all the Bitcoin exchange prices so small businesses can find out the current market rate and react accordingly? [closed]

I have a small business in doing repairs and I'm willing to take bitcoin, but i was wondering if there is a site that aggregates all the bitcoin exchange prices so I can get an idea of what price to ...
3
votes
2answers
2k views

Direct Deposit From Employer To BitPay?

I searched the site to see if this had been asked and don't see it. A friend of mine told me yesterday that I could have a portion of my direct deposit directed to a BitPay account that could auto-...
3
votes
2answers
2k views

When purchasing an item through BitPay, how do their exchange rates compare with the market exchange rates?

BitPay allows merchants to price their products in USD, and receive USD when a customer pays using Bitcoin. The exchange rate used at the time of purchase is calculated somehow by BitPay, but their ...
3
votes
2answers
116 views

How to accept Bitcoin payments using Bitpay and Electrum for a business

Our company uses a standard invoicing model where we bill our clients the service charge and require payment within X days. We'd like to be able to add a "Pay with Bitcoin" option on the ...
3
votes
1answer
6k views

How do I withdraw money from BitPay?

I have funds in BitPay that I received from several sales on my website. My split is 0% USD cash and 100% Bitcoin. Is it possible to transfer this Bitcoin balance to another account within BitPay? ...
3
votes
1answer
146 views

Bitpay unused address - has balance

So, I have a wallet - and the balance is incorrect. I have looked into it a bunch and finally tracked down what I think is the issue. If I view all of the addresses used in my wallet I see a list of ...
3
votes
0answers
87 views

Incoming block handler is never called when using bitcore

I want to get blocks on my node with bitcore. For example, I'm using peermanager.js and I get transactions: var handleTx = function(info) { var tx = info.message.tx.getStandardizedObject(); ...
2
votes
4answers
21k views

How to accept payments with Blockchain in PHP

I am trying to set up sort of a BitPay system where 1) A user selects how much money they want to send (price in BTC). 2) The system gives the user an amount of money they need to pay and the address ...
2
votes
1answer
2k views

How to pay via Bitpay

I'm trying to develop an app which integrates with the Bitpay API. I managed to create an invoice which contains the URL in which to pay with Bitcoins: But the problem is when I click on the Pay with ...
2
votes
1answer
640 views

Bitpay xPrivKey to private key

Network: BCH testnet Client: bitcoin-abc-0.18/bin/bitcoind and bitcoin-cli I want to convert xPrivKey which is from exported Bitpay wallet file to private key for using bitcoin-cli importprivkey ...
2
votes
0answers
79 views

Question about BIP70 and bitpays recent card top up changes

Okay so bitpay just sent out an email that outlines some changes to their card top-up process. Apparently, they are implementing BIP70 and I am honestly not very familiar with what exactly that is. I ...
2
votes
0answers
159 views

What hardware and bandwidth requirements would a server need to fulfill to run Bitcore?

What's the cost of running Bitcore on AWS or DigitalOcean? I know I'd need about 128gb of hardrive space, but I'm not sure how much the typical bandwidth costs would be, and how much RAM or cores I ...
1
vote
3answers
376 views

Do payment processors who convert bitcoin to dollars (like Coinbase and Bitpay) devalue bitcoin?

My understanding is that Coinbase and Bitpay process payments made in BTC. They receive BTC from a buyer (for example someone buying patio furniture) and send USD to merchants who don't want to keep ...
1
vote
2answers
172 views

Is there a simple method of tracking number of transactions sent to an address?

I want to create a counter in my store displaying the number of units sold. I'm not using a shopping cart, but simply placing a bitpay button. I'm wondering if there is a way to query the blockchain,...
1
vote
2answers
4k views

BitPay / Copay's Weird Bitcoin Cash Address Format

My CoPay wallet shows my Bitcoin Cash address as CTGUTUgVAwHugpf4CyyjAvj8DCFkE4tpEq. What's going on? I thought both Bitcoin and Bitcoin Cash addresses start with 1 or 3?
1
vote
1answer
40 views

How does bitcore-node get its data?

I'm trying to understand how does bitcore-node, the javascript implementation of Bitcoin protocol, get its data? Can it connect to Bitcoin Core, the original C++ implementation of the Bitcoin protocol,...
1
vote
1answer
99 views

Will I save on miner and network fees for sending btc if I import my bitpay wallet to another wallet like electrum or blockchain?

I have a bitpay wallet that has received many small transactions. I want to send all of the funds to my trading platform, but the fees are too high after the first send each day which is as low as 1%. ...
1
vote
1answer
574 views

How do Bitpay invoices hide the Bitcoin address to pay to? I want to pay with another wallet.

Bitpay invoices are not compatible with most Bitcoin wallets out right now. I wanted to pay a bitpay invoice, but my wallet doesn't support it. How does Bitpay hide the bitcoin address on their ...
1
vote
3answers
531 views

What happens if a TX was a double spend?

What happens if the 'High' risk option (one confirmation) was chosen and then the TX turns out to be a double spend in the end? Would the value deposited be revoked? Would the user be notified somehow?...
1
vote
1answer
563 views

What's the advantage of bitpay over coinbase for a merchant solution?

I'm trying to figure out why a merchant would ever choose bitpay over coinbase as an integration solution. It seems they offer very similar services (accept bitcoin payments, exchange for dollars ...
1
vote
2answers
5k views

How to pay bitcoin via webmoney?

I have some Bitcoin on my Webmoney Bitcoin purse (called " WMX "), so I want to pay for some service, for example to my "namecheap.com" account, how should i do it? after checkout it redirects me to ...
1
vote
1answer
89 views

How does the 12 keyword back phrase works and how does it allow the creation of infinite number wallet address across multiple cryptocoins?

I wonder how crypto wallet like BitPay works? They claim to be an offline wallet that you can back up with simply a 12 words phrase. Yet, they allow you to create an infinite number of wallets across ...
1
vote
1answer
297 views

How to send bitcoin programatically using API? Bitcoin Transaction. (Without Setting Node) [closed]

Want to send BTC from one address to another address without using JSON-RPC. Followed and used: https://bitcore.io/api/ https://www.npmjs.com/package/bitcoin-transaction/v/1.1.1 2nd:bitcoin-...
1
vote
1answer
45 views

Bitcoin explorers don't show my addresses transactions

I'm creating bitcoin addresses for a wallet we're building. To make sure the addresses are valid I went to a couple of bitcoin explorers and they reported, correctly, that the address does not have ...
1
vote
2answers
422 views

How do payment processors like bitpay work?

How do payment processors like bitpay work? As far as i understood you can only have one address per key pair, so do they generate a whole new pair for every payment? Or can this be done using ...
1
vote
1answer
803 views

Importing Electrum backup into Bitpay?

Extremely new to Bitcoin but I'm looking to spend some of my balance on Amazon gift cards but I can't figure out why I can't import an electrum wallet backup into bitpay using file or phrase. Tells ...
1
vote
1answer
267 views

Bitpay Without Credit Card

I am having trouble finding this information so I would like to ask those who use BitPay: Can you create a BitPay account and spend coins without having a Credit/Debit Card associated with your ...
1
vote
2answers
438 views

What is the value of using BitPay Card?

Like many here, I'm very much interested in using Bitcoin (or any derivative thereof), but I'm not having much luck doing it locally. I need a fix to this problem, maybe BitPay Card. I'm very much ...
1
vote
0answers
45 views

In which file node rpc details stored in Insight-api

Bitpay insight api https://github.com/bitpay/insight-api allows blockchain epxlore functionality I cant find the files in which insight-api store the rpc details ?
1
vote
0answers
76 views

How can I set the rpc user credentials in Insight to connect to a custom node?

Bitpay has done brilliant work in creating the bitcore libraries pack. I am stuck trying to find the file in which we can add the rpc user name and password for connecting to a custom node inside the ...
1
vote
1answer
419 views

Is it considered bad practice to have a wallet "cloned" on both a smartphone and a desktop PC?

I already checked questions as: Can I use my wallet on different computers? Can wallets be shared by different machines? ...but what I'm asking regards popular wallets as BitPay and Electrum, that ...
1
vote
0answers
121 views

How to get BitPay to process each settlement using a new address?

Since receiving multiple payments using the same address isn't safe, is there a way to get BitPay to settle the balance using a new address each time? It wouldn't be feasible for the user to log in ...
1
vote
4answers
3k views

How to recover my Copay wallet using the 12 word seed phrase

I'm new to Bitcoin/Copay. I decided to signup at coinbase deposited $80. I read you needed a wallet. I decided on copay. Transferred the funds to my wallet. Everything processed smoothly and my copay ...
0
votes
1answer
189 views

Help recovering BitPay wallet Reward!

I had money sent to my wallet and couldn’t remember my encrypt password. I had my 12 word recovery phrase written down but it’s abbreviated. I deleted my wallet which I shouldn’t have done because I’...
0
votes
2answers
397 views

Multiple transactions for a single payment in bitpay

Let's say we are 4 people and we want to purchase something that is currently worth 10 coins. When we click the purchase button, we are presented with an address to transfer the coins within 15 ...
0
votes
2answers
206 views

I sent bitcoin to someone and did not get paid

I sent Bitcoin to someone who promised to pay me in cash personally once he received the Bitcoin in his BitPay wallet. But once he got the Bitcoin, I never got paid by him. Is there anyway I can do ...
0
votes
1answer
802 views

How do I transfer bitpay wallet from one machine to another (PC or oth. type of device)

I have a new PC that I want to host my bitpay wallet on, so I need to migrate it from the current machine. I did a superficial search on the current machine for *wallet.dat* file in my C: drive w/ dir ...
0
votes
1answer
155 views

How does BitPay detect unconfirmed transactions so quickly?

I understand that BitPay accepts unconfirmed transactions. My question is how they manage to find these so quickly?! In my limited experience, even an unconfirmed transaction doesn't appear on my ...
0
votes
1answer
189 views

Should I use bitpay? [closed]

Looking to store .145 of bitcoin in a strong wallet. Should I use Bitpay for this? If not, please recommend better wallets. No hardware wallets please, I am trying to save money.
0
votes
2answers
792 views

How To Use BitPay

We have a online computer company written in PHP www.cworld.com.au A sister site we have uses Magento How can we use BitPay to enable our site for BTC..Is there an API Can we get paid for every ...
0
votes
1answer
86 views

BTCPayServer vs. Bitpay or other for accepting bitcoin payments in online store [closed]

For stores that would like to begin accepting bitcoins, would Bitpay or BTCPayServer be a better choice? The first seems to act as an intermediary, whereas the second does not. How do they compare in ...
0
votes
1answer
51 views

Unable to transfer Bitcoin to USD [closed]

I have Bitcoins in my Bitpay wallet that I need to cash out. I earlier assumed that a Bitpay wallet would have a linked Online Bitpay account. I gave my BitPay Wallet Address to a client who ...
0
votes
3answers
317 views

Run insight in VPS

I want to know if someone tried https://insight.is and use it currently... I was thinking... create a 5USD droplet and install bitcore.io + insight.is, but I don't know how it works, if that will ...
0
votes
1answer
606 views

Copay wallet problem: "Could not update Wallet: Network connection error"

Apparently BitPay's servers must be down because I can browse the internet but my copay wallet is stuck in this error: Is there any way to know if it's really an issue on their end and if they're ...