These are the best companies supporting cryptocurrency today
An overview of the top companies supporting cryptocurrency today.
The cryptocurrency market has been dominated by Bitcoin. It is the most important and well-known digital currency today. Bitcoin is now accepted as a legal form of payment by a number of major companies. Many businesses have benefited from becoming early adopters, whether for marketing purposes or to keep abreast of their time.
In this article, Analytics Insight brings you the list of top companies supporting cryptocurrency today.
Coca Cola distributor Coca Cola Amatil has established cooperation with digital asset platform Centrapay to accept Bitcoin as a payment option in the Asia-Pacific region. About 2,000 of the company’s ATMs accept Bitcoin.
In 2020, Burger King Venezuela said it will accept a variety of cryptocurrencies, including Bitcoin. This is done in collaboration with Cryptobuyer, a company that manages cryptocurrency for fiat cash conversions.
The largest hardware store chain in the United States is Home Depot. Its adoption is important because it implies that you can buy supplies for your complete house with Bitcoin.
Home Depot enables Bitcoin payments through Flexa’s in-store payment systems. This makes using Bitcoin for payment extremely straightforward, as Gemini’s cooperation with Flexa has removed all of the friction often associated with Bitcoin transactions.
Shopify lists four cryptocurrency payment providers as alternative payment methods on its website (Coinbase, BitPay, GoCoin, and CoinPayments). More than 1,800 cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, are currently accepted as a payment method by merchants. Shopify also allows retailers to select their preferred payment methods through the platform.
The best game streaming platform, which is owned by Amazon, accepts Bitcoin and Bitcoin Cash as payment for its services. In March 2019, the company deactivated this option, but it was reactivated in June.
In Venezuela, the large pizza company Pizza Hut can now be bought and paid for with Bitcoin starting in November 2020. This comes after the country was hit with economic sanctions, which pushed the acceptance of the cryptocurrency to highs. unprecedented levels. While not a global milestone, it could be a harbinger of what’s to come.
Newegg is a well-known retailer of cryptocurrency mining hardware in the cryptocurrency community. They provide a wide range of computer hardware at various price points. NewEgg began to take Bitcoin for its hardware after realizing its popularity in the cryptocurrency community.
Starbucks has previously said it will accept Bitcoin payments in the coming years, but not until mid-2020. The company started testing Bitcoin payments through the Bakkt app last year.
PayPal Holdings Inc.
PayPal Holdings Inc. is an American company that uses its online money transfer system to enable payments between parties around the world.
PayPal said in October 2020 that starting in 2021, users in the United States will be able to buy, sell and store a limited number of cryptocurrencies directly through their Cash or Cash Plus accounts. They will also be able to discover and track cryptocurrency through their PayPal app.
The company allows you to top up your Microsoft account using Bitcoin. He had previously stopped accepting Bitcoin but quickly revived the operation.
The Apple Pay app accepts Bitcoins and a few other important cryptocurrencies for payment. BitPay is an app that allows users to buy Bitcoins and use the app’s prepaid Mastercard in Apple Pay. Apple Wallet and Apple Pay both support BitPay wallet. The BitPay wallet app also supports additional cryptocurrencies including Ether and Bitcoin Cash, as well as dollar-indexed stablecoins like USD Coin, Gemini Dollar, Paxos Standard, and Binance USD.
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