PAYMENT

We accept payment by Bitcoin, Bitcoin Cash, Litecoin, Moneygram and Westernunion . Please see below for a quick tutorial on how to use Bitcoin. If you have Ethereum, contact us to pay directly by Ethereum.

If you want to pay by card, use one of the exchanges listed below to buy BTC/ETH/LTC with a card.

Note: We recommend customers use Litecoin over Bitcoin where possible. The fees are much lower for Litecoin and the confirmation time is quicker.

BITCOIN TUTORIAL

Bitcoin is a decentralized digital currency that can be transferred instantly and securely between any two people in the world. It’s like electronic cash that you can use to pay friends or merchants. Paying with Bitcoin is actually very easy once you get your head around the basic concept. You should make the effort to learn it as it is the future of global payments.

There is no need go into the technical details of how Bitcoin works here as it is not necessary for its use. If you are interested, there is a lot of information here.

The first idea you need to be familiar with is that of the ‘Bitcoin Wallet’. This is similar to your bank account in the traditional sense and is used to store your Bitcoins. Each wallet is assigned a Bitcoin address (or a number of them). This is a seemingly random string of characters that is unique to your wallet. For example, it will look similar to this: 1GHWMxfY7rgMzba9zDwkSrPXVc1nVD98Fe.

When transferring Bitcoins to another person/company, all you need is their address. Bitcoins are divisible to 0.00000001 BTC so you do not need to purchase whole Bitcoins, you can purchase just the right amount for your order at Kamud.

You should use a reliable and secure wallet service. There are many options but be sure to use a wallet that allows you to adjust the transaction fee. We recommend using Electrum, Mycelium or Jaxx. Blockchain.info also offer an online wallet service that is quite useful.

Note: Always store your Bitcoins in a wallet you have direct control of (i.e have access to the private keys). Never use the exchange as your wallet. Additionally, never send Bitcoins directly from the exchange to the vendor as this can cause multiple issues. Ensure you send the Bitcoins to an intermediary wallet before sending to Kamuddrugs.

The next task is to purchase your Bitcoins. This can be accomplished by a number of methods, but these will not all be described in detail here as each exchange has slightly different criteria and full details are published on their websites. Below is a quick run down of some reliable exchanges. Remember, do not use the exchange as a wallet, you risk losing all of your money if they are hacked.

LocalBitcoins – The best method for anonymity and one of the only places with no ID verification. You can purchase Bitcoins from thousands of different vendors in your area and pay via a variety of means, including: bank wire, cash deposit, cash in mail, cash in person, PayPal, MoneyGram, store cards etc.

QuickBT – Easiest way for Canadians to purchase small amounts of Bitcoin. QuickBT accept INTERAC online transfer.

Coinbase – A large US based exchange that requires ID verification and deposit via bank wire. Instant verification is possible with some banks.

Bitstamp – The best exchange if you are within the SEPA zone (most of Europe). Quick deposit via bank wire with some of the lowest fees in the industry. ID verification required.

CEX.IO – Buy Bitcoins with a credit card with a very quick turn around. ID verification required.

LibertyX – Purchase Bitcoins with cash at many stores located throughout the US.

Coinmama – Buy Bitcoins with a credit card with a very quick turn around. ID verification required.

Bitpanda – Buy Bitcoins with a credit card, Neteller and SEPA. Aimed at European customers. ID verification required.

Kraken – A large and reliable exchange with a variety of payment methods.

The Bitcoin price can be quite volatile, therefore it is best practice to purchase slightly more coins than you need (around 3-5% more). To calculate how many BTC you need please use the rate at the top of our home page. Our payment processor will also add a 1% fee and a miner fee to your order at checkout, be sure to factor this into your calculations when purchasing Bitcoin.

Once you have purchased your BTC you should transfer them to your wallet and then on to Lysergi or your vendor of choice. In order to prevent delays, you should also ensure you change the wallet settings to increase the transaction/network fee from the default value. We recommend paying around 0.001 BTC, this will ensure your payment confirms before the BTC address we provide expires. If you use the Blockchain.info wallet, you can specify the transaction fee by clicking on ‘Advance Send’ when making a payment.

The three step process of purchasing BTC and sending to the vendor is as follows: Exchange > Intermediary Wallet > Vendor’s Wallet.

LITECOIN TUTORIAL

Litecoin is very similar to Bitcoin but it has a number of advantages including quicker confirmation time (minutes rather than hours or days) and much lower transaction fees. Additionally, the default transaction fee set by most wallets will be enough to ensure swift payment confirmation so there is no need to change wallet settings. As such, we recommend customers use Litecoin where possible.

The process for purchasing and sending Litecoins is essentially the same as for Bitcoin – please see above. However, you will need to run a seperate wallet for Litecoin. We recommend using Electrum-LTC.

Note: Always store your Litecoins in a wallet you have direct control of (i.e have access to the private keys). Never use the exchange as your wallet. Additionally, never send Litecoins directly from the exchange to the vendor as this can cause multiple issues. Ensure you send the Litecoins to an intermediary wallet before sending to Kamud.

Lots of the major exchanges are now supporting Litecoin, below is a short list of some of the most reliable.

Coinbase – A large US based exchange that requires ID verification and deposit via bank wire. Instant verification is possible with some banks.

Bitstamp – The best exchange if you are within the SEPA zone (most of Europe). Quick deposit via bank wire with some of the lowest fees in the industry. ID verification required.

Kraken – A large and reliable exchange with a variety of payment methods.

Bitpanda – Buy Litecoins with a credit card, Neteller and SEPA. Aimed at European customers. ID verification required.

You can also use services like Shapeshift and Changelly to convert between different cryptocurrencies.