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Loothouse

Paying with crypto for the first time: a plain-English walkthrough

Updated August 30, 2026

If you have never paid for anything with crypto, the flow sounds more complicated than it is. Here is the whole thing, start to finish, with no jargon — using a Roblox gift card or Steam Wallet code as the example.

The price is in dollars; you pay in coin

Every product on Loothouse is priced in US dollars. When you check out, the payment processor converts that dollar amount into whichever coin you choose — Bitcoin, Ethereum, USDT, or one of 200-plus others — at the current rate, and shows you the exact coin amount and an address to send it to. You are never guessing the conversion; it is calculated for you and locked for a short window.

The steps

  • Pick a product and choose 'Pay with crypto'. You will land on a hosted invoice page.
  • Choose your coin. The page shows the exact amount to send and a wallet address, usually with a QR code.
  • Send that amount from your wallet or exchange. Send the exact amount — sending less creates an underpayment the processor has to reconcile.
  • Wait for network confirmation. This is the blockchain verifying your transaction, and it usually takes a few minutes depending on the coin.
  • Your code appears in your Loothouse orders automatically, and we email it too.

What 'waiting for confirmation' means

After you send, the transaction has to be confirmed by the network before it counts as final. We do not release your code on a 'payment sent' signal — only on a confirmed payment — because an unconfirmed transaction can still fail. This is a safety step for both sides. It is why the order page says 'waiting for network confirmation' and then updates on its own; you do not need to refresh or do anything.

Fees differ by coin

Network fees are set by the blockchain, not by us. Bitcoin fees rise when the network is busy; many people pay with USDT on a low-fee network to keep costs down. If you are optimizing for the smallest fee, a stablecoin on a cheap network is usually the move.