Bitcoin Forum

You may need to delete some of your  bumps in order to bring sanity to your thread.
I am a coder myself and I thought your website api can be useful to my clients but the idea of buying credit continuously turn me off.
Is there no way people can buy the api one-time instead of refilling credit ?

Hello! Thanks for your feedback. As we have continously costs for running the infrastructure, we also need to charge for API usage continously. From what I see the credits system has advantages but also some disadvantages.

The advantages are:
It's fair, as you only pay what you use.
It's easy to use: You only need to send ethereum to a deposit address to refill your credits

The disadvantages are:
You still need to refill credits continously (if you don't automate this process)
There is currently no way to pay with paypal, credit card or something
Not everyone likes the pay as you go system and a monthly subscription might work better for some users.

If you have an idea of how the pricing system can be improved, please let me hear.

It would probably make a lot more sense if one can import some eth addresses with tokens already on them, or at least allow the user access to private keys because not having control over our own keys isn't a great feeling.

You are correct. Import could be made possible by importing keystore files. Access to private keys however is not possible as this is not how our system works.
What do you think, would an import/export for keystores be alright?

The project looks very very promising!

We are also very interested in the possibility to access our own existing addresses. Would it be possible to send the address and the key to the API and execute queries? Is that what you mean by "importing keystores" or would the importing have to be done manually? It would also be very helpful if you could create forwarding addresses such as those offered by Blockcypher for Bitcoin. And it would also be great if you could provide a function to display the history of incoming and outgoing transfers of an address.

Do you have anything planned in this direction in the near future?

My idea was to manually allow an upload of keystore files which would then be added to the accounts ethereum addresses. However, even then this wouldn't work at all without the password. An option to do the import via API would also be possible. You would just need to send the name of the keystore, the content (json), and the password (Which won't be saved on our servers of course.)

I thought about adding an IPN feature with forwarding addresses earlier (And also began with the development of that), but we are currently lacking development resources to continue this. A history of incoming/outgoing transactions by address is not possible unless we would develop a whole block explorer unfortunately. (We would love to, but don't have the resources for this)

How does the signing operation take place? Do we get access to the private key?

Do you send notification against each incoming transaction? Is there any forwarding address involved? If not, then how a sender is mapped to an incoming transaction?

Is there any list of info that you provide against an ERC20 transaction?

We successfully migrated to the monthly pricing system, smaller design updates have also been made. We're looking forward to implement more features soon.


1. You do not have access to the private key, we also do not have access to it as we don't store private keys on our system. We are saving the keystore files kinda safe, whenever a password is provided, we are going to send the transaction. Also, we are working with multiple layers for ensuring security.

2. Currently we are just offering to generate addresses with our services, and using cronjob or something else the balance can be checked by using the getEthereumBalance or getTokenBalance functions. We are working on a IPN system, which will notify changes to the balances to a customer specified URL. There will be forwarding addresses, too. We just weren't able to publish this feature yet.

3. Sure! You can see this in the example response on our Docs. Currently we can get the following info about an ERC20 transaction (by just providing the transaction hash): Token name, Token symbol, blockhash, blocknumber, transaction index, sender, receiver, contract address, gas price, gas amount, confirmations. Also, this will work with any ERC20 compliant token.

Updated the Bitcointalk Thread to show the correct info about our new pricing system.

My suggestion here may not be useful because your business is profit oriented and it will always come first when any critical decision are to be taking.
Regardless that, i will suggest that you should try to look for cheaper resources to build a less expensive and cheaper to maintain infrastructure, this will bring in more users and you can leverage profits on bigger number of users.
You can charge a cheap set up fees and very cheap monthly fees.
Please note that there are other alternatives to achieve what you are providing.

Thank you very much for your feedback. I guess we will be able to lower our pricing when there are more users. For now we will stay with our different monthly pricing plans and reinvest the money to build a better, more secure and feature rich solution.

We just added a captcha to prevent bots from using our contact form. Also, we changed our FAQ so all answers are up to date again.

It is great that you are following the forum rules of not bumping the thread more than once within 24hrs.
But please delete your older bump posts when you create new bump. I have reported to the mods so they would be taking care from now on.

Alright thanks for the feedback. Will do it that way from now on :)

We have implemented a new endpoint for the Rinkeby Testnet. You can now use our API to interact with the Rinkeby Testnet Blockchain!

Please check out our documentation (https://tokengateway.io/docs?utm_source=bitcointalk_thread) for an overview of the endpoints for every function.

Also, the Thread design has been updated!

We created a few tutorials with example PHP code to make it easier for new users to implement our solution.
Check out this section to get an overview of the tutorials: https://tokengateway.io/docs#tutorials (https://tokengateway.io/docs?utm_source=bitcointalkthread#tutorials)
Also, we improved the Documentation site a bit as the functions navigation bar is now structured by request type.
We decided to remove the Live Chat from our site as it hasn't been used a lot. We will focus more on Telegram and email support now.

It seems to be an interesting project that can be assigned to any kind of small and largest most profitable industries.Best of luck for your project.

Thank you so much! We're always doing our best to provide a reliable solution.

Is that possible to add token getway in my website as payment method?

Yes it is!
Please check out our Documentation (https://tokengateway.io/docs) to see how to receive ERC20 Tokens or Ethereum (and get notifications on every deposit).

Also, you can join our Telegram group (https://t.me/tokengateway) if you have any difficulties implementing our API, so we can help you.

I am Interested to know more about your project.

Is there will be any extra transaction fees?

Thank you for your interest in our solution Tokengateway.
We will soon finish our whitepaper, that should answer all questions you have.
Until that, we recommend to check out our FAQ (https://tokengateway.io/faq).

If you have any more questions, just let us know and we'll answer as soon as we can.

When you are sending transactions with Tokengateway.io, you need to have some ethereum on the sending address to cover the ethereum network fees. However, we are not charging a percentual or fixed fee on transactions like some of our competitors.

That's impressive. that you are not charging fees.Best of luck for you project.

Thanks a lot. If you are missing any features, please let us know.

I loved your project.It will be very helpful for everyone.

Stay tuned for our future projects!

Do you have any video to learn how to use it?

Currently not, but we are working on it.
In the meantime, you can check out our text tutorials (https://tokengateway.io/docs#tutorials) :)

How can I know more about your project?

This project has huge potential.Looking forward to use your service.

Thanks for the feedback. Please let us know when you have any issues with integrating.

You might need the help of a developer if you are not experienced in any programming language. However, I recommend to check our Documentation (https://tokengateway.io/docs) to see if you are able to get this done yourself.

We have created a Postman collection. This makes it even easier to test our API. Check it out here (https://tokengateway.io/docs#postman).

How do they ensure security to the users?

We ensure security due to the way transactions are sent.
When a transaction is sent, at first it will be checked if the user has access to the ethereum address. If this is the case, it will be checked if the provided password matches with our system (We do not store the passwords in plain text of course). And only if this matches, our nodes will get the order to execute a transaction.

Thanks a lot for the positive feedback. Tokengateway however is just the beginning. ;)

Let us know if you have any feedback.

I have checked your website.I can't find your team information.How can I know more about team?

You're completly right! A team site is missing right now. Also, noone has suggested it before. In the (upcoming) Whitepaper there is a team section already, I will take your question as feedback and make sure to add a team section to our website aswell.

I am interested in your project.I would like to use your service.I want to know that, What Is the yearly fee?

Please have a look at our pricing page (https://tokengateway.io/pricing) for an overview of the plans we offer.

Yes there is! Please send a mail to support@tokengateway.io and tell us a bit about your project, needed requests/transactions per month and budget. I'm sure we can find a solution that works for both of us.

Our IPN feature now also notifies about withdrawals. Also, various tests showed that the feature is very reliable and we may soon get this feature out of (open) beta.

We added more illustrations to our site, making it look even better. Also, design itself has been optimized a bit.

The first version of our whitepaper has been released! I really suggest checking it out. You can find it here (https://tokengateway.io?utm_source=bitcointalk_post).

We were able to find and fix an issue that was decreasing the Ethereum decimal precision. We are also working on a new project, will announce details about it soon.

From your whitepaper:

So without storing the private keys and password, how are you able to sends from the address?
I believe that you are storing the private keys, but in the encrypted form using the password as key to decrypt. If not then how does this work?

Also, is it possible to send funds from an address on your site if I know the password, but using a different API key?

I don't want to get too much in detail in order to keep our systems safe. We are making use of Keystores. Also, there are multiple layers of security as there are different checks on different servers making sure the user does actually have the right to send funds from an address. It is not possible to send funds if the API Key is incorrect.

Check out our new and improved solution: Chaingateway.io (https://chaingateway.io?utm_source=bitcointalk)

You charge a monthly fee for using your services, this is besides Ethereum network fee for sending transactions. That makes it more expensive even for airdrop distribution.
There are already few apps offering same services and I don't see any difference in yours

Hello KryptoKings,
thanks for your message and especially your feedback.

1. We decided to charge a monthly fee instead of a percentual fee to allow big transactions without high fees. The feedback of our users shows the pricing is working good and not to expensive. We hope with the release of Ethereum 2.0 the network fees will decrease a lot and make transactions cheaper at all.
2. Airdrop distribution is just one use case. Most users are using our service to power exchanges, specific blockchain projects and even ICOs.
3. Back in 2019, we didn't had any competitors which allowed to work with ANY ERC20 token. And if they did, they required high listing fees of up to 10k dollars, which we don't. Also, our service is way easier to use. The goal is to create a bridge between web and blockchain, which can be used by every developer, no matter if he has knowledge of Ethereum and the way it works. Still, if you have feedback for us on what we can improve, we would really appreciate that.