How to use Altcoins with SolidTrust PayPosted: August 16, 2017
Did you know that you can buy and sell Bitcoin with SolidTrust Pay? Simply create an account and follow these instructions! You can either buy Bitcoin from your account or convert it to USD and make a withdrawal using the method of your choice. We use a service that tracks the value of Bitcoin and exchanges it at whatever the current rate is.
In addition to Bitcoin, there are several other cryptocurrencies that are gaining recognition and popularity, including Litecoin, Ether and Dogecoin. With SolidTrust Pay, you can turn these “altcoins” into cash by depositing them into your SolidTrust Pay wallet and having them instantly converted to USD.
Navigate to your Deposit Money Area by clicking My Money -> Deposit Funds within your account and choose the “Bitcoin/Altcoins” option.
Enter the amount of money in USD you wish to withdraw from your altcoin wallet, check the Bitcoin Deposit option, enter your secondary password and click Deposit Funds.
Carefully read the details of your transaction, including the fees and total amount you will receive, then press the CONFIRM Transaction button.
Choose the coin you wish to use for your deposit from the dropdown menu (in the examples below, we chose Ether).
Enter your altcoin address, click Pay with Ether and press Continue!
Please note: Paying with altcoins takes a little longer than paying with bitcoins.
Expect a delay of 30-90 seconds before we register your payment.
The following is an up-to-date list of cryptocurrencies that you can use with SolidTrust Pay: