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Crypto.com Pay can now receive Bitcoin from any wallet

Any Bitcoin wallet in the world can now send their assets to the Hong Kong-based crypto firm’s popular ‘Pay’ service.

Crypto.com Pay can now receive Bitcoin from any wallet

Cover art/illustration via CryptoSlate

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Crypto.com Pay will now accept Bitcoin payments from any wallet in the world, it said in a release Thursday.

The new update to the Pay service will help merchants expand their reach by reaching a larger customer base and giving them even more options to spend their Bitcoin. “[It will] pave the way for greater adoption of BTC payments worldwide,” the company said.

Crypto.com said its service will reach 100 million people, extrapolating the figure from an estimated 100+ million worldwide crypto users who hold Bitcoin.” It represents a massive market potential for online merchants seeking to attract crypto users to their websites,” it added.

About Crypto.com Pay

Since launching in 2018, Crypto.com Pay has helped merchants such as TIME Magazine, Ledger, Coinzilla, as well as platforms such as WooCommerce and Oveit tap into the global cryptocurrency economy and accept crypto on their website. 

The service features zero transaction fees and only 0.5% for settlements, with an 80% saving on fees compared to typical payment processors. The integration only takes minutes for merchants to complete.

And with the new update and functionality, Crypto.com Pay is one of the leading crypto payment gateway of choice for all online merchants who are keen to adopt cryptocurrencies for payment.

Disclaimer: Crypto.com is an advertising partner of CryptoSlate.