How to make recurring for an adult site with crypto?

[uplana]

Is there any possible way to make recurring payments with cryptocurrency or do we have to wait a few years before this is going to be possible?

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[exprtadvisrdev]

Is not possible and I think will never be. The nearest thing you can do is sending messages/alerts to users that they need to pay again or using a chain that allows to add a second signature to an address so you can charge the user (but that's a security risk for the user)

 

[explificit]

the cryptocurrency banking solution still isn't open yet, before paper money became acceptable globally it went through a lot of scrutiny, sometimes nobody even knows what drives the prices up and down, but i think there are developers working on api platforms for payments in crypto currency such as tokens and physical tokens and security ,insurance deposits and so on, check google, there has sure to be a solution somewhere. it is advisable for providers to create an internal wallet where you can fund in crypto. there is a reason platforms like fiverr discontinued the use of cryptocurrency

 

[JackAlabama]

uplana said:
Is there any possible way to make recurring payments with cryptocurrency or do we have to wait a few years before this is going to be possible?
Click to expand...

You cannot do that with crypto as the user has to push payments instead of credit cards where you pull as merchant.
But you have peace of mind the payment is not fraud and is final.

The best what you can do is create user accounts which the user has to load with crypto and you can pull from the account.
You can offer discounts or something along the line to make deposits attractive.

 

[uplana]

For sure the fraud and cb ratio will be 0% and so far I can't figure it out how it should be possible with crypto since you will always only have the money that is in a wallet, so unless people use their main wallet there will never be more money to spend.

I will google to see what is upcoming 😉

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[JackAlabama]

uplana said:
For sure the fraud and cb ratio will be 0% and so far I can't figure it out how it should be possible with crypto since you will always only have the money that is in a wallet, so unless people use their main wallet there will never be more money to spend.

I will google to see what is upcoming 😉
Click to expand...

The trick is to make the customers deposit more than just 1 month, as you cannot pull anything out of their account.

 

[Awblackhat]

uplana said:
Is there any possible way to make recurring payments with cryptocurrency or do we have to wait a few years before this is going to be possible?
Click to expand...

pornhub has various payment options in Crypto - I know they did a deal with Tron - I think can also pay with XRP. Mastercard are adding crypto support this year - we don't know which coins yet but probably will lead to their prices increasing when announced.

https://www.theblockcrypto.com/linked/91817/pornhub-adds-xrp-bnb-usdc-doge-crypto-payment-options