The cryptocurrency market has been making significant strides in recent years, with more and more businesses and individuals embracing digital currencies. One major challenge, however, has been the price volatility of cryptocurrencies, which can deter potential users and merchants from accepting crypto payments. NOWPayments and Centric (CNS) have joined forces to provide a game-changing solution that enables users to accept CNS payments with ease and stability. This article explores the synergy between NOWPayments and Centric (CNS), and how their partnership is revolutionizing the way businesses accept crypto payments.
Centric (CNS) Introduction
Centric is a dual-token digital currency system that aims to provide a stable and reliable alternative to existing cryptocurrencies. The system consists of two tokens, Centric Rise (CNR) and Centric Swap (CNS). CNR is designed as a store of value with a deflationary supply and an inflationary price, offering the hourly yield to its holders. On the other hand, CNS is a liquidity token that is traded on exchanges and acts as an indicator of demand.
The Centric project focuses on solving the price stability issue in the crypto market to encourage mass adoption and realize the full potential of blockchain technology. By offering a stable and secure platform for crypto payments, Centric seeks to change the perception of cryptocurrencies as volatile assets and provide a solid foundation for businesses and individuals to accept CNS payments with confidence.
The Game-Changing Solution
The synergy between NOWPayments and Centric (CNS) creates a game-changing solution for stable crypto payments. By allowing businesses and individuals to accept Centric Swap payments, the partnership provides numerous benefits, including:
Accepting CNS payments ensures that transactions are stable and less susceptible to market fluctuations. This stability is crucial for businesses that want to avoid the risks associated with volatile cryptocurrencies.
By offering a stable and secure platform for crypto payments, Centric encourages more businesses and individuals to accept CNS payments. This broader acceptance is essential for driving the mass adoption of cryptocurrencies and facilitating their transition into functional currencies.
Security and Reliability
The security and reliability of both NOWPayments and Centric (CNS) are paramount for businesses and individuals looking to accept crypto payments. Here’s how both platforms ensure the security of funds and transactions:
NOWPayments Security Measures
- Historically, NOWPayments has been a non-custodial service, which means it does not hold or store users’ funds in any way.
- NOWPayments also offers the custodial flow, which significantly expands the range of NOWPayments use cases.
- The platform offers a simple and easy-to-integrate API for businesses to accept crypto payments.
- In the custodial flow, all coins are stored in cold wallets and are not used in any market operations.
- Merchants must enable two-factor authentication (2FA) for additional security during login and withdrawals.
- Withdrawals can only be initiated from whitelisted IP addresses and sent to whitelisted wallet addresses.
Centric (CNS) Security Measures
- Centric has a multi-year history and has never been hacked, ensuring the security of its users’ funds.
- CNS transactions on the Binance Smart Chain are lightning-fast, safe, cheap, and secure.
- Payment recipients can convert CNS to Centric Rise (CNR) and receive “stakeless yield” every hour, even when held in a private wallet.
- CNS is listed on 10+ exchanges, including centralized exchanges like AscendEX, Probit Global, and MEXC, as well as decentralized exchanges such as Pancake Swap.
The partnership between NOWPayments and Centric (CNS) is a game-changing solution for businesses and individuals looking to accept crypto payments. With a focus on security, reliability, and stability, the synergy between these two platforms provides a solid foundation for the mass adoption of cryptocurrencies as functional currencies. As more businesses and individuals begin to accept CNS payments, the future of crypto payments looks brighter than ever. To get started with accepting Centric Swap payments, visit the NOWPayments website and explore the Centric project. For a seamless and secure wallet experience, check out the Centric Wallet, and to convert between CNS and CNR using your own wallet, visit Centric Swap. For a comprehensive guide on how to use Centric, refer to the Getting Started Guide.