Bitcoin is still the most popular cryptocurrency for payment
Cryptocurrency payment processor CoinGate reports that Bitcoin accounted for nearly half of all transactions in 2022. It is 7.6% less than in 2021, but it still impressive.
In addition, ecommerce crypto payments volume on the rise. The CoinGate`s report highlights how the number of merchants that accept cryptocurrency payments is on the rise even when markets are experiencing a significant downturn, while the number of ecommerce crypto transactions has also been growing at a steady pace.
There has been a 48% increase in newly registered merchants in 2022 compared to 2021. Merchants are willing to accept crypto payments in order to attract the unbanked as well as privacy-conscious customers.
If you are looking for a business that accepts bitcoin, try our online directory https://bitcoinwide.com/cryptocurrency