multi account wallet for business

[RobinsonNikolay]

hello, I am looking for a good online wallet with the ability to create multiple accounts for users.
I found something similar to this in coinbase, through api I can create addresses for each user, also identify the user through notifications from coinbase, but are there any better alternatives for this?
maybe you can suggest something better for my purpose.

the idea is simple, I need the user to have his own address where he could receive the crypt, preferably not limited to one currency and then on the site he could make transactions with other users (transactions on the site, of course, simply by rewriting from one database to another without blockchain
) and then he could withdraw it from main balance of the site, the database will simply keep tabs on how much money this person has.

[jackg]

I'm not sure of the purpose of making an online wallet out of an online wallet as you've suggested. If you wanted to do extra work on it or host it yourself you could look at payment processors for crypto which would offer much better security (as long as you can learn how to handle that).

I'd imagine blockchain, coinbase and quite a few others would have APIs to do as you've suggested but I don't know whether doing something like this would violate their terms of service or something.

[AdolfinWolf]

the idea is simple, I need the user to have his own address where he could receive the crypt, preferably not limited to one currency and then on the site he could make transactions with other users (transactions on the site, of course, simply by rewriting from one database to another without blockchain
) and then he could withdraw it from main balance of the site, the database will simply keep tabs on how much money this person has.

If you want multiple currencies you should probably look into a payment processor such as coinpayments or btcpayserver.
If you just want BTC, use bitcoin core. Assign an address to a user and enable walletnotify. On deposit you will get notified and you can process the deposit however you like. Should be scalable.

[RobinsonNikolay]

If you want multiple currencies you should probably look into a payment processor such as coinpayments or btcpayserver.
If you just want BTC, use bitcoin core. Assign an address to a user and enable walletnotify. On deposit you will get notified and you can process the deposit however you like. Should be scalable.

Yes, bitcoin core fits well with what I have described, but I would like the user to have the opportunity to use other currencies(4-5 popular currency ada, eth, usdc), unfortunately, the specifics of the my site do not allow using the payments services(coinpayments or btcpayserver) that you mentioned. at the moment I'm leaning towards binance with its ability to create sub-accounts in a business account via api.

[dkbit98]

Yes, bitcoin core fits well with what I have described, but I would like the user to have the opportunity to use other currencies(4-5 popular currency ada, eth, usdc), unfortunately, the specifics of the my site do not allow using the payments services(coinpayments or btcpayserver) that you mentioned. at the moment I'm leaning towards binance with its ability to create sub-accounts in a business account via api.

I don't understand what is the point of keeping coins on centralized exchanges when you don't really own them and real owners can freeze your accounts and transactions at any point...it's not conspiracy theory, it's happening all the time.
If you want to have security theater you can just create simple website database of numbers and pretend you are transacting between users.

There are wallets available for multiple currencies and you can just use them, shitcoins usually have low transactions fees, and most of them are worthless centralized junk.
One open source mobile wallet you can check out is called Unstoppable.money, and it might be used for your needs.
You could also use peer-to-peer marketplaces like LocalCryptos.

[RobinsonNikolay]

I don't understand what is the point of keeping coins on centralized exchanges

this will greatly simplify the development of the application

f you want to have security theater you can just create simple website database of numbers and pretend you are transacting between users.

this is exactly what I planned, people deposit their money from the outside to the my master wallet and then transactions inside the application occur simply by rewriting from one database to another

There are wallets available for multiple currencies and you can just use them, shitcoins usually have low transactions fees, and most of them are worthless centralized junk.

here is the problem, I can imagine how to manually make bitcoin wallets using the ready-made bitcoin-core package, but I don’t quite understand how to manually screw other currencies, besides, this will greatly increase the load on the server (assumption). therefore, I am looking for a third-party service with good api that could provide such an opportunity to generate multiple addresses for one currency and then simply assign each address to a specific user

my app is strongly resembles localbitcoinsCom, its p2p marketplace, crypto-items

[BitMaxz]

Yes, bitcoin core fits well with what I have described, but I would like the user to have the opportunity to use other currencies(4-5 popular currency ada, eth, usdc), unfortunately, the specifics of the my site do not allow using the payments services(coinpayments or btcpayserver) that you mentioned. at the moment I'm leaning towards binance with its ability to create sub-accounts in a business account via api.

Are you developing your own website or are you using CMS? I don't know what do you mean your site does not allow coinpayments or BTCpayserver but I already have experience using them with WordPress. You can achieve what exactly you want in BTCpayserver someone I heard that they could make their customer have a single address each customer through WordPress and I'm sure you can also do that if you are a web developer or just read the full document on how to implement it. I'm not sure in Coinpayments their payment solution is only for receiving that support multiple crypto.

About using ETH, ADA and USDC I think you can't able to add it on BTCpayserver I never heard someone succeed adding these Coins except on other coins that are similar to BTC.

Anyway there is a list of payment processor you can try to check them and maybe one of the payment processors support your website.
Here's the link https://github.com/alexk111/awesome-bitcoin-payment-processors

[RobinsonNikolay]

Are you developing your own website or are you using CMS?

no, its my own website node-nuxt

I don't know what do you mean your site does not allow coinpayments or BTCpayserver

I mean it would be against the concept of app

https://imgur.com/DqYjTXL

for now i have implemented it via coinbase api, but still looking for a better option, I don’t really want to keep all the money on coinbase
besides, I'm afraid that it will be against the rules for the use of coinbase