What is Bitcoin Pay (bitpay wallet)?

According to bitcoinist, what is Bitcoin Pay? What are its benefits? Bitcoin Pa

What is Bitcoin Pay (bitpay wallet)?

According to bitcoinist, what is Bitcoin Pay? What are its benefits? Bitcoin Pay is a payment system based on bitcoin. When people make purchases using bitcoin, they can use their bitcoin to pay their customers. However, this does not mean that you will get a wallet controlled or managed by anyone. In order for these merchants to be excited to accept this cryptocurrency as a service and enjoy convenience, they also need to send and receive bitcoin through the wallet in exchange for rewards or points.bitpay walletAccording to BitcoinExchangeGuide, the bitpay wallet was used for cryptocurrency transactions and payments in 2017. It started supporting encrypted payment services in June 2018. It was first launched in January of this year and received funding from the National Bank of Egypt (NBE). The exchange also provides cryptocurrency trading, debit cards, credit cards, and other services. According to previous reports, in August 2019, bitpay partnered with PayPal, one of the world’s largest digital asset management companies, to provide its cryptocurrency payment services to customers through PayPal Cash.

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