We’re celebrating the highest moments of 2022. Be a part of us for a have a look at final yr and all of the progress that BitPay and our retailers have achieved, even in a bear market. BitPay centered on supporting new cash, product launches for customers, supporting new networks and a lot extra! We’ll additionally have a look at prime 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.
High 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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High 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.
Wish to be taught extra concerning the BitPay Pockets? Study the advantages of our self-custody pockets.
High Present Playing cards by Transaction Quantity
Listed here are the highest 7 present playing cards bought for 2022. Walmart leads the present card class. Try the remainder of the present playing cards that adopted.
High Industries by Transaction Quantity and Rely
Try the highest industries by transaction quantity and by transaction rely. Web companies lead the class by quantity with Gold and Treasured Metals main the way in which 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’ll settle for as cost from crypto clients.
Lightning and Polygon Networks Be a part of BitPay
The crypto world continuously evolves, and BitPay is at all times excited to help the improvements taking place throughout the trade. These 2 new networks, Lightning Community and Polygon Community, permit retailers much more alternatives to succeed in new clients with simple 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 revolutionary methods they’re adopting crypto.
New Merchandise for Shoppers
BitPay additionally centered 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 web site? 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 prime cryptocurrencies in your Shopify web site. The app is protected, simple to arrange and free to put in. Study extra concerning the Shopify integration.
- BigCommerce permits B2B and B2C retailers the flexibility to settle for cryptocurrency funds with out ever having to carry crypto or being uncovered to crypto market volatility danger. Study extra concerning the BigCommerce integration.
- With Gr4vy’s no-code cost orchestration platform (POP), retailers can now implement and supply BitPay’s superior crypto cost choices with out assuming added crypto danger, concern of chargebacks, fraud or excessive transaction charges whereas increasing into new world markets.
- Keela, a fundraising CRM for nonprofits, allows extra nonprofits to just accept crypto via their donation kinds. Keela makes use of BitPay plugins to securely settle for bitcoin funds within the Keela platform. Keela has helped nonprofits world wide to boost 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 worldwide 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. Study Extra about Litecoin’s rise and why it’s cementing itself because the digital foreign money of alternative for funds. Study extra about Litecoin with this visible from Blockchain Studying Heart!
Picture Supply: Blockchain Studying Heart
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