What is Verge crypto? A full overview

Accept Verge payments

Verge is on a mission of making its cryptocurrency a daily driver for millions of individuals around the world. To help people transition to the use of digital assets, Verge provides an advanced blockchain infrastructure that facilitates efficient transfers of crypto among users. The superior qualities of Verge have enabled it to reach exceptional success and a level of popularity that most cryptocurrencies on the market can only dream of. The demand for Verge is supported by a diverse ecosystem of products and services that employ Verge. Here is an overview of the most notable Verge use cases, including NOWPayments, a Verge payment gateway that lets you accept XVG payments.

Key points:

The XVG cryptocurrency is backed by a highly-efficient blockchain.
$XVG is accepted by Travala, Mobisun, AzireVPN, and many other companies.
Get paid in Verge via NOWPayments.

What is Verge currency?

Verge is a blockchain designed primarily for conducting expedite transactions. Essentially, the main purpose of Verge is to process crypto transactions in a way which is comparable to the mainstream payment networks such as Visa and Mastercard, while doing it at a lower cost. This is why Verge transactions take no more than several seconds and the average network fee stands below $0.01. XVG is the native cryptocurrency of Verge. XVG is a common payment method among merchants that accept cryptocurrencies. Verge is also a privacy-oriented blockchain, as it offers Tor IP obfuscation and Dual-Key Stealth Addressing functionality, letting users conceal information about their transactions.

What Verge use cases are there?

Mecon Cash

Mecon Cash is a Korean cryptocurrency service. It is used for payments, rewards, and transactions in online and mobile services. Verge coin holders are able to withdraw Korean Wons using 13,000 ATMs in South Korea via M.Pay, a special tool of Mecon Cash.

This is an extremely convenient platform since it enables practically any person traveling around South Korea or residing in the country to always have the ability to withdraw Verge in the form of cash at any moment.

7b

7b is a crypto trading platform that allows users to purchase and sell cryptocurrencies in a few simple clicks. It provides everyone with an opportunity to profit from the crypto market by using an easy Android app that features a diverse set of trading instruments.

7b has extremely low fees and maintains a fast transaction speed. It supports over 400 cryptocurrencies, including Verge. Moreover, it has a lax approach toward user verification. You can withdraw up to 2 BTC every day without undergoing any kind of KYC procedure. 7b is by far one of the best platforms for you to trade XVG tokens.

Travala

It is likely that you have heard about Travala if you have been following the crypto industry for at least a couple of months. Travala is the most noteworthy platform for booking flights and hotels with cryptocurrencies. This means that thanks to Travala everyone now can book a trip to Japan, Australia, the USA, or any other country of their choice without spending a penny in fiat.

Verge is one of the cryptocurrencies accepted by Travala. Subsequently, all Verge users now have access to over 2 million accommodation options worldwide. If you have been thinking of putting your XVG coins to good use, Travala seems like a fun place to do it.

The Manny Pacquiao Foundation

Manny Pacquiao is a Filipino boxer, who is regarded as one of the greatest athletes in his field. Manny Pacquiao’s passion for giving back and fighting for people in need inspired him to create the Manny Pacquiao Foundation.

The mission of the organization is to offer communities a chance to prosper, to empower people in need, and to inspire hope throughout the world. The Manny Pacquiao Foundation accepts cryptocurrency donations and Verge holders also have an exclusive chance to donate to the charity using their coins. The Verge community has always been generous and kind towards the underserved, so it is no surprise that the foundation has chosen XVG as one of the donation methods.

Unstoppable Domains

Unstoppable Domains is a Web3 solution for creating a domain name. Unstoppable Domains, as opposed to regular websites, employs a blockchain-based technology known as the crypto name service (CNS). The purpose of the service is to develop a user-owned, digital identity for every individual on the earth.

To do this, it is developing Web3 domains that will give ownership of data back to users. Unstoppable domains is integrated with Verge. You can utilize your Unstoppable Domain to build and verify your digital identity, log in to applications, games, and metaverses, as well as facilitate the payment process by shortening your crypto wallet addresses.

ChangeNOW

ChangeNOW is a non-custodial crypto exchange that enables users to purchase and sell cryptocurrencies absolutely anonymously. ChangeNOW does not store the funds of clients and does not even ask them to register on the platform. It has a variety of payment options.

You can buy the Verge cryptocurrency using your crypto or a credit card. It is one of the most user-friendly decentralized exchanges out there. ChangeNOW also lets you sell your XVG and exchange it for the crypto of your choice. ChangeNOW conducts transactions practically instantly, so you will not have to wait for hours for your money to arrive when using the service.

Mobisun

Mobisun is a company that specializes in the production and sale of award-winning portable solar panels. Mobisun’s selection of products is truly astounding as it features dozens of cool pieces of tech, ranging from solar panels of all shapes and sizes to high-quality power banks.

It is a brand trusted by thousands of customers around the world. Verge holders have a chance to purchase Mobisun’s products with XVG directly and without converting their coins to fiat. A portable solar panel sounds like a great Christmas gift idea, so do not hesitate to get yourself one.

Verge Micro Merchant

Verge Micro Merchant is Verge’s official self-managed merchant solution. This works by allowing in-store consumers to transfer Verge Currency straight from their mobile wallet to the merchant’s address with the help of NFC technology. Verge sells a Micro Merchant kit that includes the Verge NFC Sticker.

The sticker is precoded with the merchant’s wallet address, default currency, and business name. Thus, when the customer scans it, their Verge App instantly reads the sticker data, helping them to conduct the payment almost instantly.

AzireVPN

AzireVPN was launched in 2012 with the goal of becoming a market-leading VPN service and assisting users in evading Internet restrictions. Since then, the service has been constantly improving in order to stay relevant for users. In 2017, the company launched the first WireGuard-powered VPN servers.

AzireVPN offers Native IPv6 and does not have any physical storage on servers. It is also one of the cheapest options on the market, as its plans start from €3.25/mo. Verge investors can begin using this VPN provider by paying with XVG. Coupled with the IP obfuscation feature of the Verge currency, AzireVPN can become a great solution for maintaining your privacy when conducting crypto transactions online.

NOWPayments: Payments, Donations, and Payouts

NOWPayments is a Verge payment gateway service that allows companies and people to accept and make XVG coin payments and donations, as well as payouts.

In addition to the extensive toolset provided by NOWPayments, it is a fully non-custodial service, so it does not store its clients’ funds. Instead, it sends completed payments to the client’s payout address immediately. NOWPayments’ processing fee is among the lowest on the market and its payment processing is simply exemplary.

How can you integrate Verge currency into your business?

NOWPayments offers a variety of effective ways to accept XVG payments. Here are the tools available to you:

eCommerce plugins: These plugins are compatible with PrestaShop, WooCommerce, Magento 2, WHMCS, OpenCart, Zen Cart, Shopify, and Shopware.
Payment Link and a PoS terminal: Businesses can use a payment link and a virtual Point-of-Sale terminal.
Recurring Payments: Some companies may deploy special recurring invoices.
Custodial Recurring payments: It allows companies to set up separate billing accounts for their customers and let them top up these accounts with the cryptocurrency of their choice.
API: NOWPayments’ versatile API enables businesses to create custom crypto payment solutions.
Payouts: You can send mass payouts as a salary, bonus, reward, or rebate automatically to as many addresses as you wish.

In order to deploy Verge payments, follow these steps:

How can you integrate Verge currency into your business?

Enter your public Verge crypto address.

Press “Create payment link.”

Enter the details of your payment link and click “Confirm.”

You will receive a payment link that your clients will be able to use by simply scanning its QR code.

Conclusion

The Verge cryptocurrency can serve as a quick and reliable payment method. NOWPayments enables merchants to accept XVG payments at a low cost and in a decentralized way.

FAQ

Is XVG a good investment

XVG is a great investment choice if you adhere to a conservative investment strategy and wish to keep your money in established and trusted assets such as Verge. Still, XVG is not a currency that can promise you crazy returns in the short run, instead, it can offer steady growth with occasional dips.

Where can you buy Verge cryptocurrency?

Verge is a truly popular cryptocurrency, so you can easily find it on most exchanges, both centralized and decentralized. Here are some of the platforms that let you buy XVG:

ChangeNOW
Binance
Bitfinex
Bittrex
Gate.io
Bitvavo
WazirX
HitBTC

Learn more about Verge and XVG payments