Accepting Bitcoin means giving the buyer a native Bitcoin payment request and verifying the resulting BTC output. In Coinvay, BTC arrives at the merchant’s configured Bitcoin receiving address; it is not automatically exchanged into a stablecoin or deposited in a bank account.
Set up the native Bitcoin route
Use an address that your wallet supports and that Coinvay accepts for the Bitcoin family. Do not substitute a wrapped Bitcoin token on an EVM chain. A familiar BTC label in an exchange interface does not establish that its withdrawal uses the native Bitcoin network.
A furniture seller requesting a deposit can create a USD invoice and let checkout generate a current BTC quote. The customer should use the amount displayed at checkout, including any precision adjustment, rather than calculating a separate conversion in their wallet.
Allow time for the confirmation policy
Coinvay’s current Bitcoin configuration requires six confirmations. That is a verification policy, not a six-minute timer or a guarantee of completion in exactly one hour. Block production, transaction inclusion and the customer’s fee choice can affect the wait.
An unconfirmed transaction is not enough to release a high-value order. Keep the invoice pending while the chain evidence is incomplete. If a customer pays from an exchange, request the actual blockchain transaction hash rather than an internal withdrawal number or screenshot.
Plan for treasury and exceptions
BTC’s market value can change after receipt. A direct-wallet gateway does not automatically remove that exposure or choose when the merchant converts funds. Define how you price products and handle refunds before taking orders.
If the customer sends the wrong amount or pays after the quoted window, investigate the transaction rather than assuming that any incoming BTC completes the invoice. Reconciliation must identify the matching output, recipient and payment request.
Practical checklist
- Enable native Bitcoin and verify the receiving address.
- Explain the confirmation wait before checkout.
- Retain the invoice reference and blockchain hash together.
Common questions
Does Coinvay support Lightning invoices here?+
The described Bitcoin adapter verifies native on-chain BTC transactions. Do not advertise a Lightning checkout unless a separate supported Lightning integration is actually available.
Will a Bitcoin payment be converted to USD?+
Not by this direct-wallet invoice flow. A USD invoice is a pricing reference; the merchant receives the quoted cryptocurrency. Conversion requires a separate service and decision.
Sources and further reading
Primary references and Coinvay product documentation. Check the linked pages for current details.
AI-assisted drafting, published by Coinvay. Examples are illustrative. Read our editorial approach.