COINPAY fulfills the native-coin payment obligation created when an ORDER trade matches against native coin (BTC, LTC, or DOGE) instead of another token. It carries both the action data and the coin output that pays the seller in the same transaction.
What you can do with it
- Settle the native-coin side of an ORDER trade with no custodian holding funds in between.
- Let anyone submit the payment on the buyer's behalf; the escrowed tokens always land in the buyer's
GET_ADDRESS. - Pay exactly what's owed, or a little more as a tip to the seller: either way the trade settles.
Often combined with: ORDER