What is Coinsplit
Coinsplit is a convenient tool for Merchants. It literally means the splitting of incoming payments in cryptocurrencies into two parts: cryptographic and fiat. Merchants are able to choose the proportion in which their receivables will be split. This feature is available for the following cryptocurrencies: Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Dash, Ripple.
For whom it can be useful
Coinsplit will come in handy for those who would like to receive and automatically save some of their incoming payments in cryptocurrencies for investment or other purposes. They will then be able to use the BitSend feature to send these funds to their customers, employees or partners.
More information on configuring Coinsplit can be found in our FAQ.