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Great that they are supporting bitcoin but encouraging people to deposit coins to build a balance at namecheap is the wrong way to go about it. Bitcoin's sweet
by iand 13y ago
Great that they are supporting bitcoin but encouraging people to deposit coins to build a balance at namecheap is the wrong way to go about it. Bitcoin's sweet spot is in making payments trivial, no need for a balance held on their servers.
If you want to use bitcoin, you cannot trust third parties to hold your coins for you.
- csomar 13y agoThey do have deposits for USD too. And I like this feature. I have a small deposit with namecheap (around $100) and it's good if I want to register my next domain instead of going through the CC transaction thing.
- iand 13y agoDeposits for USD are fine. If that gets stolen then their insurers and their bank's insurers will rectify the situation. Perhaps namecheap are offering the same protections for bitcoin deposits, I haven't looked at their TOS.