How to accept multiple cryptocurrencies as a form of payment for your business in a simple way

Do you want to know the easiest way to accept multiple cryptocurrencies as a form of payment for your business? Read on below.

Why should you receive payments in cryptocurrencies?

Cryptocurrencies are revolutionising more and more sectors, from fintech to retail and much more. Integrating the ability to pay in cryptocurrencies into your business allows you to stay ahead of your competitors for the following reasons:

1. Give customers the opportunity to spend in different currencies, offering a wide and varied choice. This is a much more effective way of encouraging people to make a purchase than if you just stick to one option.
2. You are safe from possible chargebacks. The reason? Cryptocurrency transactions are irreversible. As a result, users cannot recall the money they have paid you. This protects you from possible scams.
3. You know that debit and credit card payments can take several weeks before you receive the funds for the goods you have sold. Cryptocurrency transactions, on the other hand, are instantaneous, allowing you to receive money directly into your wallet within minutes.

Unigate is a decentralised exchange platform that allows ordinary users or merchants selling online to trade cryptocurrencies with ease. The system provided by Unigate is fully decentralised, reliable and free of intermediaries.

Why is Unigate the must-have cryptocurrency payment platform?

But what makes the platform unique and suitable for your needs is exactly what we wrote at the beginning of the article: Unigate allows you to request payments in any cryptocurrency, receiving them in your account in the form of Wrapped Assets (wrapped-BTC).

Have you ever heard of wrapped assets? These are tokens that can be made compatible with blockchain platforms with which they are generally not compatible.

What are Unigate's Wrapped Assed?

In another article we explained that there are some functionalities of DeFi systems that require you to exchange digital assets that are not compatible with the platform you want to use. Wrapped assets have been created to solve this problem. Thanks to them, it is possible to make a currency like Bitcoin compatible with the Ethereum ecosystem. The advantage is immediately obvious: since most of DeFi is based on the Ethereum network, with wrapped assets you can exchange and transfer BTC without any limitations.

As soon as the tokens are deposited in your account, you can easily access DeFi tools such as trading, bridging, routing and farming. The system that allows Unigate to transform cryptocurrencies and pass them onto other blockchains is called bridging.

We at JC Management are honoured to have partnered with Unigate. It is a revolutionary platform, a place to access the crypto market with ease. Want to know more? Contact us!