SpartaCrypto’s Top Frequently Asked Questions
Below are some of our most frequently asked questions. They are organized into categories to help you better find the answers you are looking for. Simply hit the plus sign at the end of the question and the answer will open up for you.
At SpartaCrypto.com you can use Bitcoin, Ethereum, Bitcoin Cash, Litecoin, or Tether to purchase the luxury goods of your dreams.
1. Create an account on SpartaCrypto and fund your account with the cryptocurrency of your choice.
2. Select the product you want to purchase, your choice of paying a deposit or paying in full, and select Add to Cart.
3. Go to Checkout. Confirm the payment details and click the “Place order” button.
4. Your payment will be processed, and the recipient will receive the funds.
5. You will receive a confirmation email with a transaction ID.
SpartaCrypto uses reliable and secure methods to safeguard your transaction. Your payment is held by a secure third party until the item you purchased is delivered. Once confirmation of delivery is provided, SpartaCrypto releases funds to the seller. This allows buyers and sellers to complete the sale with confidence and low transactional risk.
Gain access to an untapped market of users with cryptocurrency. New vendors can register here.
Sellers don’t have to be familiar with cryptocurrency or it’s regulations or infrastructure in order to sell to the growing market of cryptocurrency users. There is no risk to the seller of market volatility because SpartaCrypto is immediately converting the cryptocurrency in to USD.
SpartaCrypto only charges a 1% transaction fee on the cost of the item for sellers at the time of checkout! The transaction fee is not included in the listing price and is shown for sellers after a buyer has purchased their product.
SpartaCrpyto uses an Escrow. Escrow is a 3rd party that which holds funds before they are transferred from one party to another. The third-party holds the funds until both parties complete their obligations.
Once your cryptocurrency payment has been received and processed, you will receive a confirmation email from SpartaCrypto. The email will include the details of your payment and the status of your order.
It depends on the cryptocurrency you are using and the amount of network traffic at the time. Generally, transactions usually take a few minutes to be confirmed but can sometimes take up to a few hours.
Please check the seller’s shipping policy or contact them directly for more information.
Different shipping partners may have tracking services associated with their service.
SpartaCrypto will provide a refund if the item is not delivered. All refunds will be issued in USD.
SpartaCrypto charges a 1.5% transaction fee on the cost of the item to be paid by the buyer at time of checkout. The transaction fee is not included in the listing price and is shown during the checkout process.
Yes, there is no risk of market volatility for buyers and sellers on SpartaCrypto! For sellers, they do not run into this risk due to SpartaCrypto immediately converting the buyer’s cryptocurrency into USD. For buyers, they are also safe from market volatility thanks to our escrow that holds the pricing of a product until an obligation is made between the buyer and the seller.
Yes, the exchange rate is fixed at the time of purchase. SpartaCrypto will hold the exchange rate for 15 minutes during the purchase window.
Yes, SpartaCrypto requires users to take additional steps to ensure the security of their cryptocurrency payments. These include setting up two-factor authentication, using strong passwords, and enabling encryption on wallets and transactions. Additionally, SpartaCrypto recommends that users monitor their accounts regularly and report any suspicious activity.
Only verified business are allowed to list their inventory on SpartaCrypto.com. We require sellers to provide proof of authentication for the luxury goods they are selling. We always recommend checking with seller before purchasing the item to ensure it is still in stock.
Only verified sellers are allowed to list their inventory on SpartaCrypto.
Sellers don’t have to worry that they are accepting funds from unknown buyers as SpartaCrypto is running screening and watch-list checks on all buyers before transaction take place.
At SpartaCrypto, we take the security of your personal information very seriously. We use the latest encryption technology to ensure all of your data is securely stored and maintained, and we will never share personal information with third parties.
SpartaCrypto uses reliable and secure methods to safeguard your transaction. Your payment is held by a secure third party until the item you purchased is delivered. Once confirmation of delivery is provided, SpartaCrypto releases funds to the seller. This allows buyers and sellers to complete the sale with confidence and low transactional risk.
Do not arrange it. When you make your payment using our secure 3rd party escrow system, your payment is safe and protected until the seller delivers the item. If you make alternate payment arrangements, SpartaCrypto won’t be able to help you.
The SpartaPayIQ™ account is free. Businesses that use SPARTAPAYIQ enjoy a quick, easy, and cost-effective way for their customers to make payments in cryptocurrency while they receive cash in USD or any currency of their choosing without the risk of exchange rate volatility exposure. SPARTAPAYIQ enables businesses to reach new markets instantly and eliminates the risk of fraud with no chargebacks or ID theft. Merchants enjoy 0% transaction fees and can receive payments instantly.
You can register for a SpartaPayIQ™ account by clicking ‘online payments’ under the ‘services’ tab in navigation menu at the top of this website and following the sign up link instructions.
SpartaPayIQ™ is 100% free to join and you will not be charged any fee to register an account with us.
The process is simple and quick. Register by entering your details in our sign up link located in the ‘online payments’ section. Once your account is created, you will have access to the SpartaPayIQ dashboard. You will then need to verify your account (located at the top of the dashboard) by filling out a form and uploading your ID and documents to the system. Once we have received the required documents and verified your account, you will receive a verification email. You will then have access to all of the tools to set-up your banking in order to start invoicing and enabling customers to make payments in crypto.
A piece of photo ID such as a drivers license, passport or government issued ID is required. You will have to upload your Corporation documents if you are a business, or provide a POA (Proof of address such as a utility or phone bill with your name and address on it) if you are registering as an individual or sole proprietorship. You can have a look at what is needed to verify your account here.
We adhere to the highest standards of regulated compliance and client protection. To prevent identity theft or fraud, you’ll need to submit photo ID and required documents for compliance to make sure it’s really you.
You can check our integration guide here. In case you have any additional questions regarding the integration process you can address them with our support team via info@spartapayiq.com.
Once your account is verified you will have access to the SpartaPayIQ™ Live Widget. This widget can be used as payment button on your website. You may require some integration, so please contact info@SpartaPayIQ.com if you require technical support. Our support is free and we’re here to help.
Leveraging our frictionless, blockchain-based payment processing technology, the cryptocurrency payment is received and converted to the requested currency and finally deposited into your merchant account. The transaction speed depends on the blockchain and network speeds, but can be instantaneous.
There are 0% fees for merchants who use SpartaPayIQ™ for transactions.
You will be able to send an invoice via email to your customer once your account is verified. This can be done directly through your dashboard where you set up invoices and payments.
In order to contact our support team, you can use the following address: info@spartapayiq.com or submit your question in the form below.
SpartaCrypto Concierge Service can arrange your shipping and inspection. We will work with you and the seller to create a seamless experience. Shipping and inspection costs not included.
The SpartaCrypto Concierge Service has varying prices based on the products. For most Cars, Motorcycles and large purchases the Concierge Service is $250.
Not usually, you will need to contact the seller prior to purchase to determine if shipping is included. If it is not included you can use one of our shipping partners to arrange shipping.
Every day cryptocurrency is getting more popular and more widely used. Cryptocurrencies are decentralized and transparent and that is what makes the system work safely and securely. There are currently over 40 million cryptocurrency users in the world. Another reason why we should consider cryptocurrency safe is that wallet holder or buyer doesn’t need real information like credit card numbers.
Escrow is a 3rd party that which holds funds before they are transferred from one party to another. The third-party holds the funds until both parties complete their obligations.
Your funds are held by our secure 3rd party escrow partner in order to protect you and the seller. You can be confident that your payment is safe until the item is delivered and the seller can confirm that payment has been made before releasing the item.
We recommend using a hardware wallet, such as the Ledger Nano X or Trezor Model T, for cryptocurrency payments on SpartaCrypto. Hardware wallets provide the highest level of security and encryption and are the safest way to store and transact with cryptocurrencies.
No, there are no geographic restrictions on purchasing goods online with cryptocurrency. Cryptocurrency is a digital currency, meaning it is not bound by geographical boundaries. As long as the merchant or vendor accepts cryptocurrency, customers can purchase goods online with cryptocurrency from anywhere in the world.
At Sparta Crypto we want to make sure you have everything you need to enjoy your new purchase. That even includes making sure it’s insured. You can choose from two of our insurance partners to get started with a quote on your purchase. You can find them here.
If the item for sale is local to you (Cars, Motorcycles, E-bikes, etc.), we can allow you to negotiate with the seller about taking it for a test drive or doing your own inspection. If that is not possible, we recommend making sure you run a vehicle history report (Cyclechex, RVchex, etc.) on the item if it is not provided by the seller initially.
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MERCHANT SERVICES
SpartaPayIQ™ lets your customers pay with Bitcoin, Ethereum, Bitcoin Cash, Litecoin, or Tether for their online purchases.
Your Business Gets Paid In Full, fast, And In Cash, Directly To Your Bank Account, When Using SpartaPayIQ™ Email Billing.
With the SpartaPayIQ™ live widget, you will be able to add a crypto pay button directly on your website to collect payments.
SpartaPayIQ let’s you Pay Your Bills using Bitcoin, Ethereum, Bitcoin Cash, Litecoin, or Tether with our Bill Pay Solution.