We’re celebrating the highest moments of 2022. Be part of us for a have a look at final 12 months and all of the progress that BitPay and our retailers have completed, 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 high retailers who made the information for accepting crypto.
In This Challenge:
2022 Stats
In 2022, BitPay noticed the variety of crypto funds develop by almost 20%. Let’s dive into the top-performing cash, wallets, reward playing cards and extra.
High Cash by Transaction Quantity and Depend
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 Depend
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 Reward Playing cards by Transaction Quantity
Listed below are the highest 7 reward playing cards bought for 2022. Walmart leads the reward card class. Take a look at the remainder of the reward playing cards that adopted.
High Industries by Transaction Quantity and Depend
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 Providers from BitPay in 2022
3 New Cash Supported by BitPay
BitPay introduced that we assist 3 new cash: Euro Coin (EUROC), ApeCoin (APE) and Polygon (MATIC)! This implies retailers utilizing BitPay to simply accept crypto now have over 15 cash they will settle for as fee from crypto prospects.
Lightning and Polygon Networks Be part of BitPay
The crypto world consistently evolves, and BitPay is all the time excited to assist the improvements taking place inside the trade. These 2 new networks, Lightning Community and Polygon Community, permit retailers much more alternatives to succeed in new prospects with simple options to simply accept crypto.
BitPay Retailers Main the Adoption in 2022
Our new and longtime BitPay retailers made the information this 12 months, saying new and modern methods they’re adopting crypto.
New Merchandise for Customers
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 website? Wish to settle for crypto funds from the world over? BitPay’s Shopify integration makes it secure and easy to simply accept Bitcoin, Litecoin, Dogecoin, Ethereum, ApeCoin and the entire different high cryptocurrencies in your Shopify website. The app is secure, simple to arrange and free to put in. Be taught extra concerning the Shopify integration.
- BigCommerce permits B2B and B2C retailers the power to settle for cryptocurrency funds with out ever having to carry crypto or being uncovered to crypto market volatility threat. Be taught extra concerning the BigCommerce integration.
- With Gr4vy’s no-code fee orchestration platform (POP), retailers can now implement and provide BitPay’s superior crypto fee choices with out assuming added crypto threat, worry of chargebacks, fraud or excessive transaction charges whereas increasing into new international markets.
- Keela, a fundraising CRM for nonprofits, permits extra nonprofits to simply accept crypto by way of their donation varieties. 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 fee community privately owned by the world’s airways, and Verifone, a worldwide FinTech chief and fee answer supplier to the world’s largest retail manufacturers.
Phrase of the Month: Litecoin
Not too long ago, 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 foreign money of selection for funds. Be taught extra about Litecoin with this visible from Blockchain Studying Heart!
Picture Supply: Blockchain Studying Heart
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