Amazon will add support for bitcoin and release its token

The world's largest e-commerce platform, Amazon, will begin accepting Bitcoin before the end of this year.writes the business publication City A.M. with reference to an "insider".

Last week, the company posted a newvacancy for the head of the direction of cryptocurrencies and blockchain. It says Amazon is looking for an employee who can leverage "expertise in blockchain, distributed ledger, central bank digital currencies, and cryptocurrencies" to deliver "the necessary capabilities."

“This is not just a movement towards the implementation of paymentopportunities for cryptocurrencies sometime in the future. It is a full-fledged, thoroughly discussed, building block for the future work of the Amazon engine. It all starts with Bitcoin - this is the key first stage of a cryptocurrency project. The indication comes from the very top, from Jeff Bezos himself ", - said the source.

According to her, the management decided to use various cryptocurrencies in payments, after providing a fast and reliable way of accepting bitcoin.

Ethereum, Cardano and Bitcoin Cash costnext in line, after which they are going to connect about eight of the largest cryptocurrencies. It won't take long because the plan has already been approved and they've been working on it since 2019. The whole project, by and large, is ready to launch "She added.

In addition, she says Amazon is planning to launch its own token. It may appear in early 2022.

“After a year of testing with cryptocurrencies for paymenttokenization will become more and more likely. It will be a multi-level infrastructure where you can pay for goods and services or earn tokens as part of a loyalty program. There is nothing more to add yet, but the Bitcoin plan is guaranteed to be closely monitored while Amazon is exploring the possibility of launching its own cryptocurrency. ", - she said.

Against the backdrop of this news, the bitcoin rate added 12% this morning and is now trading around $ 38,700.

Note that rumors about the possibility of receivingCryptocurrencies at Amazon have repeatedly appeared on the network over the past years, but the company has always denied them. However, in the intervening time, other major players have begun to work with cryptocurrencies, for example, PayPal allowed its customers to buy bitcoin and pay them to shops.

Where is it more profitable to buy bitcoin? 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	Bybit	https://bybit.com	7.5
3	OKEx	https://okex.com	7.1
4	Exmo	https://exmo.me	6.9
5	Huobi	https://huobi.com	6.5

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.
• 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.
• Platform Features– availability of additional features — futures, options, staking, etc.
• final grade– the average number of points for all indicators determines the place in the ranking.

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