Blocktrade Introduces New Feature for Crypto Payments
Blocktrade, an asset marketplace and trading platform, has announced a major release that makes it easier for retailers to accept crypto payments. The new feature allows any retailer to accept payments in multiple cryptocurrencies and receive instant deposits in euros.
Collaboration with SKAi2 Enables Crypto Payments
In collaboration with SKAi2, Blocktrade now offers consumers the ability to pay with over 60 different cryptocurrencies using the Blocktrade mobile app. Users will receive cashback on their purchases, as well as additional cashback in the form of the Blocktrade token, BTEX.
Next-Generation Point-of-Sale Terminal System
SKAi2 is rolling out a next-generation point-of-sale terminal system that enables retailers to accept both traditional payments and cryptocurrency transactions. This system eliminates the risks associated with crypto volatility and provides a seamless payment experience for retailers.
Fast, Simple, and Safe Solution
The “Pay with Blocktrade” feature is the fastest, simplest, safest, and most effective solution for retailers to accept crypto payments. The entire transaction takes only 10 seconds, and the crypto funds are automatically exchanged into euros and deposited into the retailer’s account.
Mass Adoption of Crypto Payments
Blocktrade expects its new feature to be adopted by 10,000 merchants by the end of the first quarter of 2024 and expand to over 100,000 merchants by the end of the year. This development marks a significant step towards mass adoption of cryptocurrencies in everyday transactions.
About Blocktrade
Blocktrade is a state-of-the-art digital asset platform that allows users to buy and sell cryptocurrencies with no trading fees. The platform is fully transparent, regulated to EU standards, and operates in compliance with AML 5 guidelines.
Hot Take: Blocktrade Revolutionizes Crypto Payments
Blocktrade’s new feature for crypto payments is a game-changer for the industry. With the ability to accept multiple cryptocurrencies and receive instant deposits in euros, retailers can now seamlessly integrate crypto into their everyday transactions. This development brings us one step closer to mass adoption of cryptocurrencies in mainstream commerce. Blocktrade’s commitment to security and regulatory compliance sets them apart from competitors, making them a leading player in the digital asset industry. As more merchants adopt this new feature, we can expect to see cryptocurrencies becoming increasingly integrated into our daily lives.
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