December 20, 2018
CoinGate, a leading payment processor, announced today that they have completed the integration of Nano into their payment platform, with more than 40 fiat currencies available for real-time price conversion. Through CoinGate, Nano is now accepted by over 4,000 merchants globally, who can either keep the collected cryptocurrency or settle it directly into EUR/USD for bank withdrawal.
“The addition of Nano onto the CoinGate platform is the first part of a multi-step integration that will enable people to make and receive payments with Nano during their everyday life,” said Nano Foundation COO George Coxon. “It reflects solid progress towards the goal of positioning Nano as the leading peer-to-peer digital currency.”
Founded in 2014, CoinGate provides a reliable infrastructure for blockchain payments that meets the needs of both merchants and their customers in over 100 countries worldwide. The company has processed over 280,000 consumer transactions in 2018.
“We are thrilled to enable more than 4,000 of our merchants to accept NANO because it is fee-less and extremely fast – tackling exactly the issues that major cryptocurrencies face,” said Vilius Semenas, Chief Commercial Officer at CoinGate.
For information on how to accept Nano at your online business through CoinGate, visit coingate.com.
About CoinGate
CoinGate is a payment gateway for blockchain payments. Started in 2014, CoinGate has made it their mission to grow adoption of cryptocurrencies on a global scale. With this in mind, CoinGate provides a reliable payments infrastructure that caters to the needs of both merchants and their customers: accessible, convenient and customer oriented.
About Nano
Nano is a sustainable digital currency with ultrafast transactions and zero fees over a secure, decentralized network. The Nano protocol was developed to be accessible and lightweight, with a focus on removing inefficiencies present in existing cryptocurrencies, making it ideal for everyday transactions.
The Nano Foundation is a non-profit organization founded with the purpose of developing and maintaining the Nano protocol while supporting the Nano ecosystem.
Press Contact
press@nano.org
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