Crypto Payments

We now accept cryptocurrency payments for goods and services. All transactions are processed in accordance with HMRC guidelines. Invoices will be issued in GBP, and the crypto equivalent will be calculated using the prevailing market rate at the time of payment confirmation.  We maintain a full audit trail: date, crypto type, amount, GBP value, and transaction ID.

To protect against volatility, the agreed crypto amount will be locked within one hour of confirmation. Payments are handled through the regulated platform Coinbase Commerce, ensuring secure settlement and compliance. We rely upon the spot price reported by Coinbase Commerce platform to decide the agreed rate.

We maintain full transaction records, including GBP value, date, and crypto details, for tax and audit purposes. Please note that cryptocurrency values fluctuate, and the agreed amount is final once confirmed within the time period agreed.

We reserve the right to request an additional payment should there be a fluctuation of more than 1% between sending and receiving payments. 

We ask that you communicate any intention to pay using this method 72 hours prior to the transaction being made.

Please let us know your intended currency. We prefer to take payments in Bitcoin, Solana, Ethereum, USD Coin, Tether, Littleton and Dai. Please feel free to suggest alternative currencies for consideration. 

Thank you,

Kavanaugh Leather Team