For businesses that have decided to work with cryptocurrencies, the Tether stablecoin is the best choice. Its rate is tied to the dollar, which means it is relatively stable, transaction fees are low, and if desired, it can be easily converted into more volatile cryptocurrencies. To accept Tether, you need the accept usdt system.
In this article, we will talk about the parameters that you should pay attention to when choosing this solution for companies. The ability to accept coins on the site, security, privacy, the ability to check addresses for the risk level of cryptocurrencies, as well as the availability of tools for working with finances are critically important. Let’s take it one step at a time.
Risk level: checking the USDT cryptocurrency wallet
It is important for a company to know how risky the assets are that it receives. Thus, a crypto wallet for business must have a built-in AML verification tool. This will allow you to quickly check addresses in order to:
- find out in advance how “clean” the counterparty plans to transfer;
- make an informed decision about which addresses you can send funds to exchangers and stock exchanges from, and which ones are fraught with blocking;
- separate cryptocurrency by risk level, so as not to store “clean” assets mixed with “dirty” ones at one address. The latter can “bring” a blocking to all funds stored at the address.
BitHide crypto wallet for business offers its users the ability to quickly perform AML checks of any internal or external addresses.
Acceptance of USDT on the website
It is important to give your customers different options for paying for your product or service, including the ability to pay with cryptocurrencies. To do this, a crypto wallet for business should easily integrate via API with the company’s website and platforms. Be sure to check whether the solution you are considering has this feature.
USDT anonymity
Unfortunately, cryptocurrencies are not anonymous, since hackers, corporations and government regulators receive IP addresses of crypto transaction participants by placing their own nodes around the world. To work with crypto and keep your IP address private, you need to use special methods.
For example, BitHide has implemented a unique DarkWing technology. It is a combination of VPN and Tor. Thanks to it, a user’s IP address, changed three times, is sent to the public node. It becomes almost impossible to find out the real one, which means that attackers will not be able to calculate the physical location of the server on which the wallet is installed.
Tools for working with finances
To be able to manage crypto flows as if they were fiat, the wallet must have:
- mass payments;
- automatic withdrawals;
- the ability to create subwallets and addresses in them in unlimited quantities;
- the ability to create and download balance reports;
- multi-user access with different roles;
- encryption of transaction history.
Conclusion
When choosing a USDT payment system, you need to pay attention to how it ensures security and confidentiality, whether it can integrate with business platforms, and whether it provides a set of tools for comfortable work with financial flows in cryptocurrency.
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