Blocktrade and SKAi2 Revolutionize Crypto Payments with New Feature
Luxembourg-based asset marketplace and trading platform, Blocktrade, has unveiled a groundbreaking feature that simplifies crypto payments for retailers. In collaboration with technology provider SKAi2, Blocktrade now allows retailers to accept payments in over 60 different cryptocurrencies, which are instantly converted into euros and deposited into their accounts. Users will receive a five-percent cash-back on their purchases, as well as up to 25% cash-back in the Blocktrade token, BTEX. This new feature stands out from previous solutions by offering immediate processing of crypto payments, eliminating the risks associated with crypto volatility.
Fast and Secure Crypto Payments for Retailers and Consumers
Blocktrade’s new feature, known as “pay with Blocktrade,” offers a fast, simple, and safe solution for retailers to accept crypto payments. Unlike credit card transactions that can take days to process, crypto funds are deposited instantly into the retailer’s account. This enables consumers to use their crypto savings to pay for everyday goods using the Blocktrade mobile app. The entire transaction takes just 10 seconds, providing a seamless integration of cryptocurrencies into everyday life transactions.
Driving Crypto Mass Adoption
Christian Niedermueller, CEO at Blocktrade, sees this new feature as a significant step towards mass adoption of cryptocurrencies. By combining innovative payment terminal hardware with cutting-edge software, Blocktrade aims to redefine how digital assets integrate into mainstream commerce. The “pay with Blocktrade” feature is expected to be adopted by 10,000 merchants by the end of Q1 2024 and expand to over 100,000 merchants by year-end.
About Blocktrade
Blocktrade is a state-of-the-art digital asset platform that facilitates seamless buying and selling of cryptocurrencies with no trading fees. The platform offers a wide range of cryptocurrencies, user-friendly interface, multiple payment options, saving plans, and exceptional customer support. With its commitment to security and regulatory compliance, Blocktrade has become a leading player in the digital asset industry. The platform is fully transparent, regulated to EU standards, and operates in compliance with AML guidelines.
Hot Take: Blocktrade’s New Feature Paves the Way for Mainstream Crypto Adoption
Blocktrade’s collaboration with SKAi2 to introduce the “pay with Blocktrade” feature is a game-changer for crypto payments. By enabling retailers to process crypto transactions instantly and seamlessly, it addresses the issues of volatility and slow processing times that have hindered mainstream adoption. This development allows consumers to utilize their crypto holdings for everyday purchases, making cryptocurrencies more accessible and practical. With the potential adoption by thousands of merchants in 2024, Blocktrade is taking a significant step towards integrating digital assets into mainstream commerce.
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