Crypto Payments Move Upwards: How Coinremitter is Leading the Game

The Beginning of Crypto Payments: The First Bitcoin Payment

The cryptocurrencies launched before Bitcoin faced several reasons for getting discontinued, but Bitcoin kept working consistently on its concept, and the world witnessed the first crypto transaction in 2010. The user spent 10,000 BTC for two pizzas, which is over 306 million US Dollars in fiat currency as of 3rd July 2023. One must think of a pizza vendor’s return on investments (ROIs), especially when Bitcoin was at its peak.

The Rise of Cryptocurrency Payments

The rise of blockchain transactions basically refers to the utilization of digital currencies (or cryptocurrencies) for purchasing products online. This trend is getting fueled by some deciding factors like an increased adoption of cryptocurrencies and the provision of crypto payment gateway services.

Factors that caused this revolution deserve some attention for delivering their contributions to the crypto market. A report by crypto.com shows that over 10% of global Internet users may own some form of cryptocurrency soon. Chainalysis’ global crypto adoption index 2022 listed Vietnam as a table topper of top countries by crypto adoptions.

The index brought some interesting results as the US jumped to the fifth spot, China made a comeback to the top ten, and Vietnam retained its top spot. Seeing economically strong countries like China and US improving their rankings in the list indicates some good signs.

The provision of crypto payment gateway services depends on various reasons, mainly on the quality and dependability of services. It refers to the process of providing a platform or technology that enables businesses to accept cryptocurrency payments from their customers. This involves setting up the infrastructure required for businesses to accept payments in various cryptocurrencies, ensuring the security of crypto transactions.

Features such as payment processing, invoicing, account management, and reporting play a crucial role. Crypto payment gateway services also involve providing customer support to assist businesses in integrating crypto payments into their existing payment infrastructure.

Factors That Make Coinremitter a Leader in the Game

Though there are many crypto payment gateways with some great offers and services, there are some features that make Coinremitter a leader in the game of cryptocurrency payment services. From lower crypto fees to the inclusion of the gas station, from the coin listing feature to the test coin functionality, and from easy-to-install plugins to simplified crypto APIs, Coinremitter focuses on providing merchants with probably the most convenient services for having a wonderful crypto payment experience.

Changes That Can be Seen After Adopting Coinremitter

Merchants can notice noteworthy changes after adopting Coinremitter. There are several factors that can be positively affected after making a smart adoption of Coinremitter. Let’s have a look at those factors in brief.

Savings: There are several factors that can cause effective savings to merchants. Firstly, the transaction fees on Coinremitter are extremely low compared to other crypto payment gateways. Merchants can also reduce them by enabling Coinremitter’s gas station. Coinremitter merchants have to spend low on processing fees/withdrawal fees. Coinremitter just charges 0.23% withdrawal fees for transferring funds to external addresses. The net withdrawal amount after all deductions can be calculated using Coinremitter’s crypto calculator.

Additional earnings: Coinremitter has introduced its affiliate program for merchants who are dedicated to growing the Coinremitter community. Merchants who are already using Coinremitter for accepting crypto payments via Coinremitter can ask and attract other merchants for the same by sharing the affiliate link.

Coinremitter is offering a fantastic opportunity for merchants to earn exciting referral bonuses. As of July 2023, you could receive up to 75% share of Coinremitter’s revenue (withdrawal fees) per withdrawal as an affiliate bonus.

Simplified payment experience: Merchants can utilize Coinremitter’s plugin or crypto API services for a simplified experience of accepting cryptocurrency payments. By integrating one of them into their websites, merchants can easily receive cryptocurrency payments directly in their Coinremitter crypto wallets. Followed by simple integration or installation processes, these features eliminate the process of repeatedly accessing Coinremitter for making cryptocurrency payments.

Less formality, less hassle: Not many will know, but Coinremitter allows merchants to accept crypto payments without going through the tedious process of KYC. This means merchants can create a Coinremitter account and accept cryptocurrency payments without going through the KYC process. Also, Coinremitter transfers the crypto funds directly from the Coinremitter crypto wallet to a merchant’s external wallet address without requiring a bank account. This means merchants can begin withdrawing their funds from Coinremitter without adding their bank accounts.

Conclusion

Seeing the rise of blockchain transactions, the trend seems to leave a long-lasting impact. How the trend started and how it’s going looks interesting and promising to pull new people to the system. Also, Coinremitter is leading from the front in the game by providing some exclusive services. Seeing the features, Coinremitter seems promising enough expand the system globally.