60% of stores are ready to accept payments in cryptocurrency

• About 60% of merchants have expressed their desire to add cryptocurrencies as a means of payment during 2022.
• INcurrently only 4% of merchants accept crypto payments.
• The report also points out several other signs of an increase in the adoption of cryptocurrencies.

In February 2022, the Crypto platform.com, together with Worldpay, have published a new report focusing on the adoption of cryptocurrencies in the payments space. The report examines several key aspects of the crypto market, including interest rates, payment instruments, and the rise of cryptocurrency as a means of payment.

About 110,000 Crypto users.com and approximately 1.5 million Worldpay merchants from FIS (the company that acquired Worldpay in 2019) completed the surveys that inform this report. The surveys were conducted in the 4th quarter of 2021. The majority of survey participants are people under the age of 40, and sellers mainly work in the field of digital media and games.

The survey clearly showed how interest incryptocurrencies from sellers. Roughly 60% of merchants want to add cryptocurrency as a means of payment within the next year, and 75% of consumers are interested in such an option. The most preferred cryptocurrencies for making payments are Bitcoin, Ethereum and USDC.

Interestingly, sellers are most interested in e-commerce, while buyers are equally interested in online shopping and traditional purchases (more than 70% of respondents reported this).

Currently only 4% of sellers acceptcryptocurrencies as payment. High demand for this form of payment could drive change. This has already happened to some extent, with e-commerce service Shopify allowing sellers to trade NFTs directly on its platform.

Introduction of crypto payments in the near future

The statistics provided in the report indicaterapid spread of cryptocurrencies. For consumers, crypto payments are the cost of converting cryptocurrencies into fiat, while for merchants it means lower transaction fees and lower dispute costs. And these advantages have been talked about for a long time, but only in recent years has there been some progress in the cryptocurrency industry. The Super Bowl and institutional investment played a large role in the expansion of the crypto market and the adoption of cryptocurrencies.

Interest in digital assets has spread tooperating companies. Visa, for example, plans to launch a cryptocurrency advisory service to keep pace with the growing adoption of digital currencies.

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 deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, 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	AAX	https://aax.com	7.2
4	Exmo	https://exmo.me	6.9
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 functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and 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 ranking.

</p>