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Ounceo

Bitcoin specifics

Bitcoin payments are accepted on-chain (2 confirmations, ~20 min) and via Lightning (instant settlement, automatic 0.5% discount). USD price locked for 30 min from invoice creation; BTC amount locked against live BTC/USD at that moment.

5 questions

Why buy gold with Bitcoin?+

Selling BTC for fiat through an exchange, then wiring fiat to a bullion dealer, adds two layers of compliance friction and several days of float. Paying directly in BTC removes the bank from the loop, completes in ~20 minutes, and avoids the exchange withdrawal fee.

What confirmations do you require?+

2 confirmations on-chain Bitcoin (~20 minutes). Lightning is instant — once OxaPay sees the BOLT 11 invoice paid, the order is marked paid immediately and qualifies for the 0.5% Lightning discount.

Can I use a hardware wallet?+

Yes. OxaPay generates a standard BTC receiving address. Use any wallet (Sparrow, Coldcard, Trezor, Ledger, Specter, Electrum, BlueWallet, …). For Lightning, you need a Lightning-capable wallet (Phoenix, Breez, Wallet of Satoshi, Strike, BlueWallet, Zeus).

What if my BTC payment doesn't confirm in 30 minutes?+

Sometimes mempool congestion delays confirmations. If your transaction is broadcast but not yet confirmed when the invoice 'expires', OxaPay typically still credits the payment once it confirms. If they don't, email us with the txid and we resolve manually.

Are taxes triggered when I spend BTC?+

In most jurisdictions, yes — disposing of BTC (selling, spending, swapping) is a taxable event. You realize gain or loss based on the BTC's cost basis vs the USD value at time of disposal. Consult a local CPA — Ounceo does not provide tax advice.

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