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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%. Will it help to import that wallet to another client like electrum or blockchain?

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BitPay Reveals Four Notable Payment Insights From Recent Study

BitPay, the self-described “world’s largest provider of Bitcoin and cryptocurrency payment services,” has shared some insight on a study conducted by the group, according to a press release from the service itself. This study is called the “Total Economic Impact™ Of Accepting Bitcoin Using BitPay,” and was conducted by Forrester Consulting, the release notes. It revealed four main results based on interviews “with four merchants that accept Bitcoin and other cryptos.” Those four findings were as follows: “First, up to 40% of customers that pay with crypto are new to the merchant. Second, purchase amounts are twice that of credit…

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COVID-19: Decentralization the norm as workplaces adjust to new normal

COVID-19 has forced businesses around the world to adapt to new ways as crypto companies embrace the “decentralized normal.” 2020 will forever be remembered as the year of COVID-19, but there is no telling what the long-lasting effects of the pandemic will be on the global economy. Around the world, countries have been forced to shut down their local economies, with people having to shelter in place in order to observe the social distancing measures needed to curb the spread of the coronavirus. The immediate result of these measures has varied from country to country, but a common trend has…

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Wisconsin State Candidate Launches Bitcoin Donation Platform 

Bitcoin’s prominent role in politics is coming to the limelight once more as a state assembly candidate in Wisconsin launches a Bitcoin donations page. Earlier this month, Phil Anderson, a candidate for Wisconsin’s State Assembly, announced that he would be accepting campaign donations in Bitcoin. Another Try at Bitcoin Donations In a statement to the effect, the Republican candidate explained that his campaign had set up a Bitcoin donations channel through a partnership with crypto payment processor BitPay. The former real estate broker and businessman highlighted his belief that Bitcoin is a form of money, explaining that nothing should restrict…

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Wisconsin Assembly candidate is accepting Bitcoin donations again

“Cryptocurrency is money,” argues a Wisconsin State Assembly candidate. A candidate for Wisconsin State Assembly is challenging a state regulator by accepting donations in cryptocurrencies like Bitcoin (BTC). Phil Anderson, a real estate broker and entrepreneur, now accepts cryptocurrency donations for his Assembly campaign. According to an official statement by Anderson, crypto donations are available via major cryptocurrency payment service provider BitPay. Anderson said that his campaign is accepting crypto donations despite regulatory uncertainty from the Wisconsin Ethics Commission. Back in 2018, Anderson accepted Bitcoin donations in his campaign for Governor of Wisconsin despite the WEC finding them a “serious…

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BitPay decides to let all employees work from home permanently

Crypto seems to thrive on remote work. Bitcoin (BTC) payment and wallet company BitPay has chosen to take its company's working atmosphere remote, permanently. A poll from within the company revealed: "85% of employees preferred to work from home and felt they were more productive," said a Sept. 15 statement. "This insight coupled with the continuation in business, is a main reason the company chose to make working from home permanent." As a niche largely held within the digital world, the crypto space often sees companies and individuals working remotely. A growing trend in light of COVID-19 prevention measures, remote…

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US Consumers Flock To the First Mastercard Branded BitPay Card

New data from BitPay shows that American consumers are flocking to load the first Mastercard branded BitPay card with top digital assets. The popular cryptocurrency payment services provider debuted the new card in June 2020 and the company’s transactions reached a new high in July. The data also shows how crypto cards usage is changing, with more users choosing to load with a selection of top digital assets. Not All Crypto Cards Are Created Equal BitPay, the Atlanta-based cryptocurrency services provider, has recently released blockchain payment statistics that show how the market performed in 2020. Among other interesting points, the…

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Help me please, restore a deleted Bitcoin Wallet

While cleaning the memory on the phone, I accidentally deleted the wallet and the backup copy of Bitcoin Wallet. I tried to re-download the wallet, restore deleted files (backup), but it was useless. All I have left of my wallet is my account number and backup password. Account number: bc1q3wv607l25uymxudl4r0ueg359zq4r92llkyf53 Please help resolve this situation. I'm ready to thank you financially. Best regards Alexander from Ukraine

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Blockchain to Bitpay gateway got transaction failed due to low amount of Transaction fee

I got error on pay trough a bitpay payment page with this below message from BlockChain website : Transaction fee (65 sat/byte) is below the current minimum threshold (83.012 sat/byte) Each time I try to pay a unique payment request got a different tranasction fee between 30 to maximum 80 . but always got the required 83.012 satoshi/byte. I try to pay different amount on merchant website from 10$ to 300$ but always got same error and message like this it seems amount is not directly to fee and always random. What I must to do? I try to balance…

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Coinbase users can now instantly pay BitPay merchants directly from their Coinbase account

Coinbase account customers needed an easier and streamlined way to pay for goods and services through BitPay.  Linking your Coinbase Exchange account is one of our most popular features and has been part of the BitPay Wallet App for years. Recently, we enhanced our integration with Coinbase to allow users to make instant payments directly from their Coinbase Exchange accounts, eliminating the peer to peer movement of funds.Authorization ScreenCoinbase Connect IntegrationEven better, users pay no network fee, miner fee or Coinbase withdrawal fee when paying in Bitcoin, Bitcoin Cash, ETH or USDC from a Coinbase account through BitPay. Currently the…

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Twitch to Offer Gamers Discounts for Paying with Crypto

The gaming world is no stranger to cryptocurrencies. Many companies and services have allowed their users to make in-app purchases in crypto in the past, with results varying. However, a new integration could mark a new age for this partnership, and it involves a company with a bit of a mixed history with the assets. More Reason to Subscribe Using Crypto Last week, crypto payments processor BitPay announced that it had partnered with Twitch, one of the most popular game streaming services globally, to offer gamers a discount on subscriptions and purchases. Per a company update, BitPay confirmed that Twitch…

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Streaming Service Twitch Offers Discount for Crypto Subscribers

More than a year after disabling crypto payments, Twitch is back on the cryptocurrency bandwagon with discounted subscription plans for customers who pay using virtual currencies. As more service platforms integrate with exchanges and other payment gateways, crypto token payments may take-off leading to the desired broad-based retail adoption of cryptocurrencies. Get 10% Off onRead MoreRead More. The post by Osato Avan-Nomayo appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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Live-Streaming Service Twitch Gives Subscribers 10% Discount if They Pay With Cryptocurrency

The live-streaming service Twitch is now offering a 10% subscription discount for people who register with cryptocurrency. The new offer from Twitch leverages the Bitpay payment processor, as this is the first crypto-based discount promotion from a company of this magnitude. This week, the live-streaming service Twitch revealed it is offering a 10% discount for subscribers who pay for subscriptions with a cryptocurrency. Twitch is a service that allows live streaming and it was introduced in 2011. The platform is most popular among live-streaming gamers, and in 2017 it outpaced the streaming service Youtube Gaming. Twitch has over 27,000 partner…

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Streams of Excitement: Twitch Levels-Up to Unlock Bitcoin Discount

Twitch ramps up its crypto strategy with a digital currency promotion. Will more merchants follow suit? Amazon-owned streaming platform Twitch appears to be ramping up its crypto strategy. The site, which focuses primarily on video game livestreaming, is now offering users a 10% subscription discount when paying with cryptocurrency through the platform’s payment processor, BitPay.BitPay’s chief marketing officer, Bill Zielke, told Cointelegraph that out of the thousands of merchants the company works with, Twitch is the first major global brand to offer a crypto-based promotion. Zielke added:“We are seeing more online merchants interested in using crypto as a promotional payment…

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Wirex Joins MasterCard’s Crypto Credit Card Program

MasterCard’s crypto credit card program has kicked off and is now in full gear. Earlier today, London-based payment service provider Wirex announced that it had become the first crypto-native program to be part of MasterCard’s Accelerate program. A Perfect Launchpad for Wirex Per an official press release, Wirex confirmed that it was now a principal member of the program. It will now enjoy help from MasterCard in terms of market entry, growth, and expansion. The Accelerate program allows crypto partners to integrate MasterCard’s technology into their suite. They will also benefit from the payment processor’s market research tools and cybersecurity…

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Twitter Promises Additional Security Measures

Twitter will add more security training to prevent a repeat of the hack that hit 130 accounts including celebrities. Twitter vows to add more security training and measures as the fallout from Wednesday’s wide-scale hack on the social platform continues. Twitter said in a statement that it is continuing its investigation into the hack while it looks to provide more company-wide security training against social engineering tactics. This will be in addition to cybersecurity coaching they get during onboarding and ongoing phishing exercises. About 130 accounts were compromised on Wednesday when hackers took over prominent Twitter accounts in a Bitcoin hoax. Those…

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The Twitter Hack Fiasco: Compromised Internal Tool, Paid Insiders, Direct Message Fears

On Wednesday, a large number of Twitter accounts were compromised and the hackers used the accounts to tweet about a bitcoin doubling scam. According to multiple reports, a Twitter employee was paid to give the hackers an internal tool that let them leverage high-profile social media accounts. It was a crazy day in the world of cryptocurrencies, as a massive number of high-profile people and organizations like Bill Gates, Apple, Uber, Barack Obama, Elon Musk, Jeff Bezos, Joe Biden, and many others had their Twitter accounts hijacked. After the incident, a number of armchair sleuths and investigative journalists uncovered a…

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