Coindesk Logo

Bitcoin Processor GoCoin Adds Fiat Payout Options

Bitcoin Processor GoCoin Adds Fiat Payout Options

Bitcoin Processor GoCoin Adds Fiat Payout Options

GoCoin has added three new fiat currencies as payout options for merchants – euros, pounds sterling and Singapore dollars.

GoCoin has added three new fiat currencies as payout options for merchants – euros, pounds sterling and Singapore dollars.

GoCoin has added three new fiat currencies as payout options for merchants – euros, pounds sterling and Singapore dollars.

AccessTimeIconJan 29, 2015, 8:22 PM
Updated Aug 18, 2021, 3:37 PM

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

GoCoin

GoCoin has added three new fiat currencies as payout options for merchants – euros, pounds sterling and Singapore dollars.

The announcements come amid a string of new details about the company’s business progress. Since raising $550,000 in November 2013, GoCoin has arguably become a big-three payment processor alongside BitPay and Coinbase due to its agnostic approach to digital currencies, accepting litecoin and dogecoin alongside bitcoin.

, CEO Steve Beauregard asserted that the company has "greatly exceeded its growth projections in 2014", and is well-positioned for success this year.

"We now have a clear vision of how to focus our efforts in order to drive payments innovation in the sectors that will benefit the most,” Beauregard.

The announcement was made during Beauregard’s keynote address at Inside Bitcoins Singapore, a two-day conference taking place 29th to 30th January at the Suntec Singapore Convention and Exhibition Centre.

GoCoin's full payout terms and conditions can be found on its website.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.