Coinbase & Cryptocurrency: What is it?
Coinbase is an exciting payment option that allows you to pay for your order using a range of cryptocurrencies.
Cryptocurrencies are a different way of storing and spending money through a digital transaction ledger called a “blockchain”. Cryptocurrencies such as Bitcoin, Litecoin and others have grown in popularity in recent years with many people experimenting with this exciting new technology.
If you hold cryptocurrency, you can use it to pay for your order at UK Essays in just a few simple steps, with quick and easy payment direct from your wallet.
How to use Coinbase?
To make payment via Coinbase, just choose the Coinbase option from the range of payment options available. Then, select your chosen currency – make sure you choose carefully and choose the exact type of crypto you hold in your wallet. We accept the following cryptocurrencies:
Bitcoin (BTC)
Litecoin (LTC)
Bitcoin Cash (BTCC)
Ethereum (ETH)
USD Coin (USDC)
DAI
After selecting your chosen currency, you’ll see the current amount of cryptocurrency you need to pay, converted at the current exchange rate. You’ll also be given the wallet address you need to send this amount of cryptocurrency to. All of this is summarised in a handy QR code, which you can scan using your wallet app to make payment.
Once you send the payment, we’ll confirm it’s been received once the transaction has received a confirmation on the blockchain.
Refunds
Please note if you pay via cryptocurrency and then require a refund, you will be refunded the GBP equivalent at the time of refund – not the amount of cryptocurrency you sent.