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Paying with Cryptocurrency on Tiger One

Cryptocurrency is a decentralized form of digital currency that exists only in digital form. Unlike traditional currencies like dollars or euros, cryptocurrencies operate on blockchain technology—a secure, transparent ledger system verified by a network of computers rather than a central authority like a bank. This makes cryptocurrency global, easily accessible, and resistant to control by any single entity.

Cryptocurrency FAQs

Why Should I Use Cryptocurrency to Pay for Cannabis Seeds on Tiger One?
Tiger One offers customers a secure, efficient, and accessible way to pay using cryptocurrency. Key benefits include:
  • Enhanced Security: Transactions are encrypted and processed on the blockchain, reducing the risk of fraud and hacking.
  • Anonymity: Unlike traditional payment methods, you don't need to share personal financial information when paying with crypto.
  • Lower Transaction Costs: By cutting out intermediaries like banks, you pay fewer transaction fees.
  • Faster Payments and Fewer Errors: Cryptocurrency transactions are processed immediately, which not only speeds up your order but also reduces the chances of transaction errors.
  • Global Accessibility: For our international customers, particularly those in countries with restrictive banking systems or currency controls, cryptocurrencies provide an accessible and reliable way to purchase cannabis seeds.
  • Transparency and Accountability: All cryptocurrency transactions are recorded on a public ledger, known as the blockchain. This makes every transaction traceable and verifiable, offering both transparency and accountability.
How Do I Pay for My Order on Tiger One Using Cryptocurrency?
Here’s a step-by-step guide:

  1. Browse Products: Add your selected cannabis seeds to the cart and choose a delivery method.
  2. Select Payment Method: Choose “Pay by Crypto” during checkout.
  3. Send Payment: Using your crypto exchange or wallet, send the exact amount of cryptocurrency specified to the Tiger One payment address. Alternatively, scan the QR code from your wallet to easily send the correct amount to the right address.
  4. Transaction Confirmation: Wait for the payment to be processed. You’ll receive a payment confirmation email once it’s done.
What Types of Cryptocurrency Can I Use on Tiger One?
One of the standout benefits of using cryptocurrency at Tiger One is the flexibility it offers. You’re free to select the cryptocurrency that best suits your needs, without being restricted to a specific broker. This variety allows you to opt for the most convenient option, whether it’s a popular choice like Bitcoin or Ethereum, or a stablecoin that helps you avoid market fluctuations.
How Secure Is It to Pay with Cryptocurrency?
Paying with cryptocurrency is one of the safest payment methods available. Blockchain technology ensures every transaction is encrypted, tamper-proof, and transparent. Plus, since no personal financial information is required, your privacy is always protected.
Can I Get a Refund if I Overpay or Underpay?
Yes, CoinGate offers a simple and efficient process to handle payment errors.
  • Overpayment: If you pay too much, the excess amount will be refunded.
  • Underpayment: If you pay too little, the invoice will display the amount of cryptocurrency sent as well as the remaining balance. Simply make the second transaction to cover the unpaid amount before the invoice expires. If the invoice expires, a refund form will automatically appear. Once filled in, it will be processed within 48 hours, ensuring a smooth resolution.
How Do Currency Fluctuations Affect My Payment?
Since settlement happens instantly, customers avoid paying a premium, ensuring the fiat/crypto exchange rate remains the same at the time of payment. For those concerned about short-term price fluctuations, there are several stablecoin options available, such as USDT, USDC, and DAI, which are pegged to the dollar to maintain a 1:1 exchange rate.
What Happens if My Transaction Status Shows
The "Confirming" status means that your payment has been detected, but it’s waiting for confirmation on the blockchain network.
  • What Should I Do?: Nothing. Simply wait. Transaction times depend on the network’s activity and the transaction fee you set. It typically confirms within an hour but may take longer.
  • Can I Close the Page: Yes, but it’s recommended to bookmark it in case you need to check back.
Can I Buy Cryptocurrency to Pay for My Order?
Yes! If you’re new to cryptocurrency, you can purchase it using your debit card, credit card, or bank transfer through exchanges like CoinGate. These platforms offer access to over 250 different cryptocurrencies. Keep in mind that transaction fees vary depending on the payment method (credit card fees can be as high as 8%).
How Can Cryptocurrency Payments Reduce My Costs?
When you pay with crypto, Tiger One avoids high fees charged by banks or payment processors. This allows Tiger One to offer more competitive prices and pass the savings onto you.
Do I Need a Crypto Wallet to Pay?
You don’t need to create an account to make a purchase, though signing in offers advantages like saving your order history and streamlining future transactions. After choosing your desired cryptocurrency, you can complete the payment securely and quickly by using an external wallet or scanning a QR code.

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