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Are You Making These Common Self-Custody Mistakes? Why NOWPayments Users Are Switching to Larecoin


Are You Making These Common Self-Custody Mistakes? Why NOWPayments Users Are Switching to Larecoin

Self-custody sounds simple. Hold your own keys. Control your own funds. Done.

But here's the truth: Most merchants get it wrong.

And those mistakes? They're costing real money. Real freedom. Real independence.

If you're using NOWPayments or CoinPayments right now, you might be making these exact errors without even knowing it.

Let's break it down.

The Self-Custody Illusion

Many crypto payment processors sell you on "self-custody." Sounds great, right?

Except it's not that simple.

NOWPayments lets you receive crypto to your wallet. That's technically self-custody. But what happens between the customer payment and your wallet? That's where things get murky.

Common Mistake #1: Trusting the Middleman

Your customer pays. The payment processor handles conversion. Takes a fee. Maybe holds funds temporarily. Then sends to your wallet.

That's not true self-custody. That's custodial with extra steps.

Every second your funds sit in someone else's infrastructure is a second you don't fully control them.

Larecoin Crypto Payments Ecosystem

Why Fees Eat Your Profits Alive

Let's talk numbers.

NOWPayments charges around 0.5% to 1% per transaction. CoinPayments? Similar ballpark. Seems small.

Now multiply that across hundreds of transactions monthly. Thousands yearly.

That "small" fee becomes a significant chunk of revenue you're handing over for... what exactly?

Common Mistake #2: Ignoring Fee Structures

Most merchants never calculate their true processing costs. They accept default rates. Never negotiate. Never look for alternatives.

Larecoin operates differently.

Gas-only transfers mean you pay network fees, nothing more. No percentage cuts. No hidden charges. No middleman skimming off every transaction.

For high-volume merchants, this difference is massive. We're talking thousands saved annually.

The Settlement Speed Problem

Here's something NOWPayments users know too well: Waiting.

Waiting for confirmations. Waiting for settlements. Waiting for funds to actually hit your wallet.

Common Mistake #3: Accepting Slow Settlement as Normal

It's not normal. It's outdated infrastructure dressed up as modern payments.

Larecoin leverages Solana's speed. Transactions settle in seconds. Not minutes. Not hours. Seconds.

Your funds hit your wallet almost instantly. No holding periods. No "pending" limbo.

That's real self-custody velocity.

A secure digital vault unlocking, releasing cryptocurrency coins into a merchant’s hands, symbolizing instant self-custody with Larecoin.

NFT Receipts: The Feature You Didn't Know You Needed

Here's where Larecoin gets genuinely innovative.

Every transaction can generate an NFT receipt. Immutable. Verifiable. Stored on-chain forever.

Why does this matter?

For Tax Season: Crystal-clear transaction records that can't be altered or lost.

For Disputes: Undeniable proof of payment that exists independent of any platform.

For Compliance: Audit-ready documentation built into every sale.

NOWPayments gives you standard receipts. Maybe a dashboard export. Larecoin gives you blockchain-verified proof of every transaction you'll ever make.

Common Mistake #4: Treating Receipts as Afterthoughts

Merchants focus on accepting payments. They forget about proving payments. Until tax season. Until a dispute. Until an audit.

NFT receipts solve problems you don't even know you have yet.

The LUSD Advantage

Volatility kills merchant adoption. Everyone knows this.

You accept BTC. Price drops 10% overnight. Your profit margin evaporates.

Common Mistake #5: Not Using Stablecoins Strategically

NOWPayments supports USDT, USDC, and others. Fine. Standard.

Larecoin introduces LUSD into the ecosystem. A stablecoin designed for the Larecoin payment infrastructure.

Why does this matter?

Integration. Seamless conversion. Lower friction between payment acceptance and stable value retention.

When everything works within one ecosystem, complexity drops. Errors decrease. Your operation runs smoother.

Solana blockchain logo

The Independence Factor

Let's get real about why self-custody matters in the first place.

It's not just about holding keys. It's about freedom.

Freedom from:

  • Platform policy changes

  • Account freezes

  • Arbitrary restrictions

  • Third-party decisions about YOUR money

Common Mistake #6: Building on Platforms That Can Cut You Off

NOWPayments has terms of service. Policies. Restrictions on certain business types.

What happens when their policies change? When they decide your business category is suddenly "high risk"?

You're locked out. Funds potentially frozen. Business disrupted.

Larecoin's decentralized infrastructure means no single entity controls your payment capability. Your wallet. Your keys. Your business.

That's the merchant freedom crypto was supposed to deliver.

The Migration Is Already Happening

Here's what we're seeing:

Merchants who started with NOWPayments for simplicity are graduating to Larecoin for sovereignty.

They've learned the basics. Understood crypto payments. Now they want the full benefits.

  • Full self-custody (not partial)

  • Gas-only fees (not percentage cuts)

  • NFT receipts (not basic records)

  • LUSD integration (not fragmented stablecoin support)

  • Solana speed (not confirmation delays)

The pattern is clear. Start simple. Evolve to independent.

A merchant choosing a fast, open crypto payment path over a blocked, fee-heavy one, illustrating Larecoin’s seamless transition from NOWPayments.

How to Switch Without the Headache

Making the move doesn't require burning everything down.

Step 1: Set up your Larecoin integration alongside existing systems.

Step 2: Run parallel for a week. Compare real-world performance.

Step 3: Migrate fully once you've verified everything works.

No dramatic cutover. No business interruption. Just a smooth transition to better infrastructure.

Visit Larecoin to start the process.

The Self-Custody Checklist

Before you go, here's your quick self-audit:

✅ Do you control private keys for receiving wallets?

✅ Are funds transferred directly without intermediary holding periods?

✅ Do you have immutable transaction records?

✅ Can you operate even if a platform changes policies?

✅ Are you paying flat network fees instead of percentage cuts?

If you answered "no" to any of these, you're not doing self-custody correctly.

You're doing self-custody theater.

The Bottom Line

Self-custody isn't a checkbox. It's a spectrum.

NOWPayments and CoinPayments sit somewhere in the middle. Better than traditional processors. Still not fully independent.

Larecoin pushes you toward true sovereignty. Real control. Actual independence.

The merchants making this switch aren't doing it for ideology. They're doing it for:

  • Lower costs

  • Faster settlements

  • Better records

  • More freedom

The math works. The technology works. The philosophy works.

The only question left: Are you ready to stop making these self-custody mistakes?

Your funds. Your keys. Your rules.

That's not a slogan. That's how Larecoin actually operates.

Ready to experience the difference? Check out the Larecoin ecosystem and see what real merchant freedom looks like.

 
 
 

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