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5 Steps How to Switch from CoinPayments to Larecoin (Easy Guide for Small Business Owners)


CoinPayments is bleeding your profits dry.

Those "competitive" fees? They're eating 0.5% per transaction plus withdrawal fees plus conversion charges. Small merchants lose $5,000–$50,000 yearly to intermediary platforms.

There's a better way.

Larecoin offers direct crypto acceptance with zero percentage fees. You pay gas only: typically $3–$8 per transaction. No intermediaries. No custody risks. Full merchant control.

Here's how to make the switch in 5 simple steps.

Step 1: Calculate Your Current Fee Burden

Start with transparency. Log into your CoinPayments dashboard right now.

Export transaction history from the past 90 days. Review every line item:

  • Transaction fees (0.5% or higher)

  • Withdrawal fees ($10–$50 per transfer)

  • Currency conversion spreads (2–5% hidden markup)

  • Settlement delays costing you opportunity cost

Add it all up. Multiply by four for annual projection.

Most merchants discover they're hemorrhaging thousands in unnecessary fees. That's your baseline. That's what you're about to eliminate.

Document everything: Total transaction volume, percentage fees, flat withdrawal costs, and days waiting for settlement. This becomes your savings calculator.

The audit takes 20 minutes. The insights last forever.

Larecoin logo

Step 2: Set Up Your Self-Custody Wallet

Control your money. Not a third party.

Create a dedicated business wallet separate from personal holdings. Choose your blockchain based on your customer base:

Solana wallets like Phantom or Solflare for SPL tokens. Ultra-fast settlements. Gas fees under $0.01. Perfect for high-volume merchants.

Ethereum or BNB Chain for broader compatibility. Accepts ERC-20 and BEP-20 tokens. Higher gas but more established.

Generate your seed phrase. Write it down. Store it offline in a secure location. Never digitize it. Never share it.

Test the wallet immediately. Send $10–$20 to confirm functionality. Verify you can send and receive without issues.

Add your primary receiving addresses to your business records. Back them up in multiple secure locations.

This setup takes 30 minutes maximum. You now control your treasury completely.

No intermediary can freeze your funds. No platform can dictate withdrawal limits. No custodian holds your keys.

True financial sovereignty. That's the Larecoin difference.

Self-custody crypto wallet with blockchain security and encrypted seed phrase protection

Step 3: Integrate Direct Payment Acceptance

Choose your integration complexity based on technical resources:

Basic setup: Display your wallet address and QR code at checkout. Manual verification. Zero technical requirements. Works immediately.

Intermediate: Use Web3 payment request tools. Generate invoices automatically. Track payments via blockchain explorers. Minimal coding required.

Advanced: Integrate Larecoin's ecosystem for automated verification and NFT receipt generation. Full API integration. Custom checkout flows.

Larecoin's payment widget deploys in hours, not weeks. No lengthy approval processes. No compliance documentation. No waiting for platform approval.

LUSD stablecoin integration lets customers pay in stable value with zero volatility exposure. They send $100 LUSD, you receive exactly $100 in value. No price fluctuations between transaction and settlement.

Gas fees remain your only cost. Ethereum transactions run $3–$8 depending on network congestion. Solana transactions cost fractions of a penny.

Compare that to CoinPayments' 0.5% fee on every transaction. A $10,000 sale costs you $50 in platform fees alone. With Larecoin, that same sale costs $5 in gas.

90% fee reduction. Same transaction. Better economics.

Your checkout page now accepts crypto directly. No intermediary. No custody risk. No percentage fees eating your margins.

Visit Larecoin Payments to explore integration options.

Larecoin Crypto Payments Ecosystem

Step 4: Migrate Your Customer Base Smoothly

Minimize disruption. Run both payment systems in parallel for 30 days.

Email your existing crypto customers two weeks before the full switch. Explain the benefits clearly:

Lower prices because you're saving on fees (pass savings to customers) Instant finality with blockchain confirmation in seconds NFT receipts as permanent transaction records Multi-chain support for their preferred tokens Enhanced privacy without centralized platform surveillance

Most merchants see 70–90% customer migration within the first month. Crypto users understand the value proposition immediately.

Track adoption rates weekly. Identify customers still using old payment methods. Send targeted reminders highlighting benefits and ease of use.

After 30 days, redirect remaining users to direct payments. Provide clear instructions and support resources.

The parallel run protects revenue while encouraging adoption. Zero sales lost during transition.

Customers who value self-custody and decentralization make the switch eagerly. Those still learning get time to adapt.

This gradual approach eliminates friction. Your revenue continues uninterrupted while you slash processing costs permanently.

Step 5: Optimize Your Treasury Management

You're receiving crypto directly now. Time to build a treasury strategy.

Option 1: Convert on schedule. Use DEX aggregators like 1inch or Jupiter for best rates. Schedule conversions weekly or monthly based on cash flow needs. Avoid centralized exchanges and their fees.

Option 2: Hold crypto directly. Eliminate conversion costs entirely. Pay suppliers in crypto when possible. Build a reserve treasury that appreciates with market growth.

Option 3: Mix strategy. Convert operational expenses to fiat immediately. Hold excess as crypto treasury. Allocate a percentage to LARE holdings for merchant benefits within the ecosystem.

LUSD stablecoin payments eliminate conversion needs entirely. Receive stable value. Hold stable value. Convert to fiat only when necessary for traditional payment obligations.

Track gas fees as flat expenses, not percentage cuts. Budget $200–$500 monthly for high-volume merchants. Compare that to thousands lost on platform fees.

Most merchants recover their entire migration effort costs within 2–3 weeks through fee savings alone. After that, it's pure profit margin expansion.

Your treasury is now a strategic asset, not a passthrough account controlled by intermediaries.

Astronaut with Larecoin Token

Why Merchants Choose Larecoin Over CoinPayments

Fee structure: CoinPayments charges 0.5% + withdrawal fees. Larecoin charges gas only.

Custody: CoinPayments holds your funds. Larecoin gives you full control.

Settlement: CoinPayments processes withdrawals on their schedule. Larecoin settles instantly via blockchain.

Transparency: CoinPayments has hidden conversion spreads. Larecoin transactions are fully visible on-chain.

Control: CoinPayments can freeze accounts. Larecoin can't freeze your self-custody wallet.

The entire migration takes approximately 30 days from audit to full optimization. Fee savings typically offset migration effort within weeks.

Small businesses operating on thin margins can't afford to surrender 5–10% of revenue to intermediary platforms. That's the difference between profitability and struggle.

Larecoin returns those margins to merchants. Where they belong.

Direct crypto acceptance isn't just cheaper: it's philosophically aligned with blockchain's core promise. Eliminate intermediaries. Reduce trust requirements. Enable peer-to-peer commerce.

Ready to cut your payment processing costs by 90%? Explore Larecoin's ecosystem and start accepting crypto the way it was meant to work.

No gatekeepers. No percentage fees. No custody risk.

Just you, your customers, and the blockchain.

 
 
 

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