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Crypto Payment Gateway Development, Why is it Gaining Popularity?
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[QUOTE="Briangsam, post: 104847, member: 30259"] A bitcoin payment gateway allows merchants to accept transactions in bitcoin. These days, most of these payment processors facilitate the buying and selling of many other altcoins such as Ethereum, Litecoin, Ripple, and Bitcoin Cash too. As you are no doubt aware, the cryptocurrency market is incredibly volatile. The price of bitcoin fell 45% in December 2017, from $20000 down to $6000. Since then there have been several rapid rises and declines in a matter of hours. This kind of volatility means that business enterprises of all sizes need to ensure that any payments received in bitcoin are quickly converted into fiat currency to avoid any potential losses. Payment processors facilitate the immediate transfer of bitcoin and other altcoins into fiat currency. They allow merchants to automate these payments and provide a host of other tools and reports to help make the whole process as convenient as possible. Hence, its popularity. [/QUOTE]
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