From now on you can pay with different cryptocurrencies at Shop.com, one of the world’s largest e-commerce platforms. First of all, you can pay with Bitcoin (BTC) and Ethereum (ETH), but in addition it is also possible to pay with different stablecoins. You can even pay with Dogecoin (DOGE).
Although the platform is not that big in the Netherlands (yet), in the United States it is a good competitor for the powerhouse Amazon. This therefore means that it is a very nice step in the acceptance of cryptocurrency.
Indeed, there is a good chance that, as a result of this development, more and more Americans will own Bitcoin, or another cryptocurrency. This is because they can pay with it and people will feel that they actually have something to gain from owning crypto.
It is possible to pay with crypto at Shop.com through BitPay, the e-commerce platform’s newest partner. The two parties recently started a collaboration and from now on the BitPay payment option will be integrated into Shop.com.
When you go to checkout on the online platform you will be given the option to select BitPay. When you select this option you choose to pay in crypto. You will be given the choice of the following coins: Bitcoin, Bitcoin Cash (BCH), Ether, Wrapped Bitcoin (wBTC), Dogecoin and 5 different stablecoins.
BitPay recently conducted a survey, in collaboration with PYMNTS, on what would happen if you could pay with crypto everywhere. In this survey, about 93% of crypto owners indicated that they would be happy to pay with crypto if it were possible. In addition, even 59% of non-crypto owners indicated that they would be interested in paying with crypto if it were possible.
Acceptance of crypto is a hugely important process for its development. It is hoped that more and more major players will follow Shop.com. Do you want to prepare for this? Use this link and start trading via Kucoin right now!