Jul 1, 2022

25% of companies are ready to accept payments in cryptocurrency

25% of companies are ready to accept payments in cryptocurrency

According to the latest survey by Visa Inc., about 25% of small businesses in nine countries will accept cryptocurrencies in as a form of payment.

The survey was conducted among 2,250 small business owners from the US, Canada, Brazil, Singapore, Hong Kong, the United Arab Emirates, Germany, Ireland and Russia.

Researchers have found that digital money can become a universal means of payment. In addition, Visa interviewed 1,000 other adults in the US and 500 adults in nine countries.

I think people feel more secure with cryptocurrencies, Jeni Mundy, global director of commercial sales and acquisitions at Visa, said.

Although over the past two yearsthe use of bitcoin and other cryptocurrencies has increased worldwide, and digital assets are popular among investors of all levels, they are still not a payment instrument.

For example, one of the obstacles to the fullThe use of bitcoin in retail is its high volatility. On Monday, BTC fell just over 5% and dropped below $40,000, Wednesday brought a recovery to $43,787.

Outside of North America, small businesses are willing to accept various cryptocurrencies to pay for goods and services, according to the survey.

More than 30% of small business owners located in Brazil, the United Arab Emirates, Singapore and Hong Kong plan to offer this payment method to customers this year.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposit and withdrawal of funds in rubles, hryvnias, dollars and euros.

Site reliability is primarily determined bytrading volume and number of users. By all key metrics, Binance is the largest cryptocurrency exchange in the world. Binance is also the most popular cryptocurrency exchange in Russia and the CIS, since it has the largest turnover of funds and supports transfers in rubles from bank cards Visa / MasterCard and payment systems QIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Huobi https://huobi.com 7.4
3 Exmo https://exmo.me 6.9
4 OKEx https://okex.com 6.5
5 Bybit https://bybit.com 6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability - stability of access to all platform functions, including uninterrupted trading, deposit and withdrawal of funds, as well as the period of work on the market and the daily trading volume.
  • Commissions - the size of the commission for trading operations within the site and the withdrawal of assets.
  • Additional features and services - futures, options, staking, NFT marketplace.
  • Feedback and support - we analyze user reviews and the quality of technical support.
  • Convenience of the interface - we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • final grade - the average number of points for all indicators, determines the place in the rating.

25% of companies are ready to accept payments in cryptocurrency