dashed-slug.net › Forums › CoinPayments.net Wallet Adapter extension support › Any transaction charges from coinpayment
Tagged: charge, Coinpayment, price
- This topic has 1 reply, 2 voices, and was last updated 6 years, 6 months ago by
alexg.
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February 15, 2018 at 6:43 pm #2423
Anonymous
InactiveHey
I went to coinpayment prices, but could not understand it much better.
In their prices, I will be charged 0.50% while recieving payments.
If I use this plugin, will I also be charged 0.05%.
Here are their prices/charges
In addition, if a user sends coin to another user using their username or email address, will I be charged?
If also, a user send coin to other user on that same site using the wallet address of the reciever, will it be a charge also?
I asked this, because I don’t know also in which transactions on the site do IPN calls are made.
For more detail about coinpayment prices, you can take a look at it here
February 16, 2018 at 3:53 pm #2428alexg
KeymasterHello,
Answering your questions in order:
I went to coinpayment prices, but could not understand it much better.
In their prices, I will be charged 0.50% while recieving payments.
If I use this plugin, will I also be charged 0.05%.Yes, when depositing using the CoinPayments adapter, a fee of 0.50% is charged. Deposits are done to callback addresses.
In addition, if a user sends coin to another user using their username or email address, will I be charged?
No, the only fees charged when transferring to another user are the proportional fees that you specify in the coin adapter settings. The setting is at Wallets -> CoinPayments -> Fees -> Move fee (proportional).
If also, a user send coin to other user on that same site using the wallet address of the reciever, will it be a charge also?
If you attempt to withdraw to a deposit address of a user on the same site, you will find that an internal transfer will be performed instead. So the same move fees will be applied as described above.
I asked this, because I don’t know also in which transactions on the site do IPN calls are made.
IPNs are the callback mechanism that the CoinPayments service sends to the plugin to notify that a deposit has occurred.
Hope this answers your questions. Do let me know if you have any more questions.
kind regards,
AlexP.S. I have transferred your post to the CoinPayments support forum because it is not relevant to the WooCommerce extension.
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