BTCPay Server
BTCPay Server is a self-hosted, open-source crypto payment processor. It connects to your own BTC and Lightning node and accepts payments without any third-party intermediary. Ounceo currently uses direct wallet receiving; BTCPay self-hosting is on the roadmap for V2 to streamline reconciliation.
BitPay (the commercial service often used by US bullion dealers) and BTCPay (the self-hosted open-source project) are very different. BitPay charges 1% per transaction and KYC-screens senders. BTCPay charges nothing because you run it yourself.
Until BTCPay self-hosting is wired, Ounceo accepts crypto directly into cold wallets we control. Reconciliation is currently manual; BTCPay automates it.
Related terms
Bitcoin is the original cryptocurrency. Ounceo accepts BTC both on-chain (2 confirmations, ~20 minutes) and via Lightning Network (instant settlement, 0.5% discount). Quote prices are USD-denominated; the BTC amount is locked for 30 minutes against the live BTC/USD rate at quote issuance.
Monero is a privacy-focused cryptocurrency that uses ring signatures, stealth addresses, and confidential transactions to make on-chain analysis infeasible. Ounceo accepts XMR directly (most bullion dealers route crypto through BitPay, which does not support XMR) and applies an automatic 1.5% discount.
The Lightning Network is a second-layer payment protocol built on top of Bitcoin. It enables near-instant, low-fee transactions by routing payments through channels of pre-committed BTC. Ounceo accepts Lightning for any quote and applies a 0.5% discount because settlement is instant and reconciliation overhead is zero.