Pay with Cryptocurrency
DSG Now Accepting Cryptocurrency Payments
To complete an order with cryptocurrency
- Choose Pay With Cryptocurrency during the checkout process
- Select a cryptocurrency type
- Enter a wallet address or scan the QR code with your phone app to complete the payment.
We currently accept BTC - Bitcoin, ETH - Ethereum, USDC - USD Coin, DOGE - Dogecoin, LTC - Litecoin, Dai, and BCH - Bitcoin Cash. ***
More About Cryptocurrency & The Decentralized Finance Movement
Decentralized Finance, or DEFI, is the use of a blockchain to process payments using cryptocurrency that enables commerce without the use of traditional banks. The blockchain, in simple terms, is a series of encrypted records distributed across a large network of computers. This network allows for the replacement of credit and debit card processors in digital commerce.
While the use of the blockchain and DEFI to provide financial services is a new and sometimes volatile technology, DSG supports the ideas behind it and the promise of conducting business without large organizations controlling the payment process. In the past these large organizations have shown a willingness to interfere in free commerce by choosing who has access to currency based on politics or quid pro quo arrangments with political parties. Companies like DSG that support our Military, Law Enforcement personnel and U.S. Citizens have been a target of these policies as recently as 2021. Cryptocurrency and Decentralized Finance can offer our next generation a future without these issues.
DEFI also offers future promise of end-to-end smart contracts that someday can replace traditional transactions by integrating purchasing, payment and delivery tracking into a simple interface without checks, debit cards and traditional bank networks.
Once you own cryptocurrency it can be stored on a small hardware device (cold wallet) or on any number of local or software wallets (hot wallet). Then your wallet address is all that is required to make purchases. No credit cards, banks, or exchanges are required. Some exchanges are now also offering traditional credit and debit cards that can be backed by cryptocurrency instead of the U.S. Dollar. Visa reported over $1 billion in crypto transactions in the first six months of 2021. And they expect it to grow quickly.
As with any new technology, the information presented through the media is at times ill-informed or intentionally misleading. One of the biggest misconceptions is the idea that all cryptocurrency transactions are anonymous. In reality, the blockchain records for most cryptocurrency types are publicly available to anyone with an interest and the technical ability to view it. What does not happen with cryptocurrency is that an organization cannot easily share, compile or study your spending data for marketing or political purposes. Your identity and your transaction history as related to you, as a named entity, are only available to the exchange you choose to share it with. Each exchange has its own rules and policies regarding privacy.
For new users, a centralized exchange (CEX) is a great way to do research and get started with crypto. They offer services such as simplified interfaces, bank transfers, credit card funding, and in some cases trading can be faster. At the same time, a cryptocurrency user has the choice to use a decentralized exchange (DEX). A DEX, in some cases, may not offer the same convenience features (like converting Dollars to crypto) as a CEX, but a DEX can be utilized for more privacy and to have more control over fees and transactions.
*** During periods of large volume, network issues, or market volatility DSG may temporarily restrict the use of some or all types of cryptocurrency payments.
