What is BitPay? How is BitPay?
What is BitPay? According to Bitcoinist, on April 28, 2018, Bitcoin trader Micha
What is BitPay? According to Bitcoinist, on April 28, 2018, Bitcoin trader Michael Terpin revealed on Twitter that BitPay (BIT) is a cryptocurrency. Although it is not backed by fiat currency, its value is supported by its digital assets such as BTC and ETH. He pointed out, “Unlike Bitcoin, this is not a stablecoin.” According to data from CoinMarketCap, currently over 20 governments around the world have expressed an open attitude towards “BitPay.”
How is BitPay?
How is BitPay? BitPay is a US-based cryptocurrency payment and transfer platform with extensive influence in developed economies such as South Korea and Japan. Through cooperation with local governments, it is able to provide services to customers, helping them achieve financial freedom and financial inclusion. It is reported that the exchange first announced obtaining a license from the Singapore regulatory agency in April 2018 and launched a digital asset trading platform.
In addition, BitPay offers various services to improve user experience, including: instant settlement, automatic remittance function, real-time monitoring of account balance and access to other users, support for multiple fiat channels for Bitcoin and Ethereum transfers, earning interest when using Bitcoin to buy cash or Litecoin and shopping online, supporting Bitcoin lightning network wallets (such as Trezor) and Bitcoin lightning network loans, supporting Bitcoin lightning network payments.
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