We’re celebrating the highest moments of 2022. Be part of us for a take a look at final yr and all of the progress that BitPay and our retailers have completed, even in a bear market. BitPay targeted on supporting new cash, product launches for customers, supporting new networks and a lot extra! We’ll additionally take a look at high retailers who made the information for accepting crypto.
In This Situation:
2022 Stats
In 2022, BitPay noticed the variety of crypto funds develop by almost 20%. Let’s dive into the top-performing cash, wallets, present playing cards and extra.
Prime Cash by Transaction Quantity and Rely
There was no shock that Bitcoin was the top-performing coin by quantity in 2022, representing 54% of all gross sales. We additionally noticed that SHIB gross sales grew 1233%, Litecoin gross sales grew 243%, XRP gross sales grew 76% and DAI gross sales grew 61%.
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Prime Wallets by Transaction Rely
The BitPay Pockets was the top-performing pockets in 2022 for funds. Belief Pockets was the second, Metamask was third, Exodus was fourth and Coinbase was the fifth.
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Prime Present Playing cards by Transaction Quantity
Listed here are the highest 7 present playing cards bought for 2022. Walmart leads the present card class. Take a look at the remainder of the present playing cards that adopted.
Prime Industries by Transaction Quantity and Rely
Take a look at the highest industries by transaction quantity and by transaction rely. Web companies lead the class by quantity with Gold and Valuable Metals main the best way by transaction rely.
New Merchandise and Companies from BitPay in 2022
3 New Cash Supported by BitPay
BitPay introduced that we help 3 new cash: Euro Coin (EUROC), ApeCoin (APE) and Polygon (MATIC)! This implies retailers utilizing BitPay to just accept crypto now have over 15 cash they will settle for as cost from crypto prospects.
Lightning and Polygon Networks Be part of BitPay
The crypto world always evolves, and BitPay is all the time excited to help the improvements occurring throughout the business. These 2 new networks, Lightning Community and Polygon Community, enable retailers much more alternatives to achieve new prospects with straightforward options to just accept crypto.
BitPay Retailers Main the Adoption in 2022
Our new and longtime BitPay retailers made the information this yr, saying new and progressive methods they’re adopting crypto.
New Merchandise for Customers
BitPay additionally targeted on launching new merchandise that make it even simpler for customers to spend their crypto with the newly redesigned BitPay app and the BitPay Card Rewards program.
Key Platforms Enabling Extra Companies to Settle for Crypto
- Have a Shopify website? Wish to settle for crypto funds from internationally? BitPay’s Shopify integration makes it protected and easy to just accept Bitcoin, Litecoin, Dogecoin, Ethereum, ApeCoin and the entire different high cryptocurrencies in your Shopify website. The app is protected, straightforward to arrange and free to put in. Be taught extra concerning the Shopify integration.
- BigCommerce permits B2B and B2C retailers the flexibility to just accept cryptocurrency funds with out ever having to carry crypto or being uncovered to crypto market volatility danger. Be taught extra concerning the BigCommerce integration.
- With Gr4vy’s no-code cost orchestration platform (POP), retailers can now implement and provide BitPay’s superior crypto cost choices with out assuming added crypto danger, worry of chargebacks, fraud or excessive transaction charges whereas increasing into new international markets.
- Keela, a fundraising CRM for nonprofits, allows extra nonprofits to just accept crypto by their donation types. Keela makes use of BitPay plugins to securely settle for bitcoin funds within the Keela platform. Keela has helped nonprofits all over the world to lift over $2 billion.
Do not forget, BitPay additionally has integrations with UATP, the low-cost cost community privately owned by the world’s airways, and Verifone, a world FinTech chief and cost answer supplier to the world’s largest retail manufacturers.
Phrase of the Month: Litecoin
Just lately, Litecoin (LTC) gained important traction as a go-to coin for purchases at main electronics, video video games, gold and jewellery and different ecommerce web sites. Be taught Extra about Litecoin’s rise and why it’s cementing itself because the digital forex of selection for funds. Be taught extra about Litecoin with this visible from Blockchain Studying Middle!
Picture Supply: Blockchain Studying Middle
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