📺 Stream EntrepreneurTV for Free 📺

Web Platforms Represent the Safest Way To Pay In 2022 Web platforms are the safest way to pay, between pandemics spreading bacteria in cash handling at the point of sale and online wallets surging in popularity

By Shishir Jajoo

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Handout

Blockchain technology is coming together with the digitization of currency to create some fabulous new things. But we are used to working with the legacy systems, which take weeks to finalize. Blockchain tech represents a safe, secure and expeditious way to pay for goods and services. There is no longer the same contestation as a few years ago regarding cryptocurrencies. We now know that there will eventually be established crypto used by all. At the moment, this looks like it is going to be Bitcoin.

Bitcoin has been popular since back in 2008 when it was first launched. It peaks and troughs, rises and falls, the value goes up and down, but it is ever-present. It might not be entirely consistent, but it is consistently present within the cryptocurrency marketplace. This consistency highlights Bitcoin as a way of the future… all we need now are online payment platforms and money transfer solutions that are capable of keeping up.

Blockchain has evolved the way we make payments

Blockchain technology allows users to create currency over several different networked computers. Yes, it takes a lot of energy to generate money in this manner, but it is safer, more secure than a standard currency, and it crosses borders without the need for exchanging coinage.

Blockchain tech is an accepted method of creating currencies online; it is only a tiny step towards evolving the payment processes we use in business. As a result, we have started to design platforms to grow our Bitcoin trading abilities. These platforms are sleeker, secure, and entirely digital. What else would you expect from outlets that are trading in digital currencies?

These platforms are becoming increasingly advanced as we move through the decade. At first, it was customary to see a Bitcoin trading platform that traded exclusively in the coins themselves. Shortly afterward, a trend emerged that saw users are selling in USD or GBP. Nowadays, the best of these platforms is available across multiple countries and in varied languages.

There are plenty of advantages to using these systems for the end-user. They make online finances easier to manage, handle and understand. They provide a platform for Bitcoin trading, even for complete beginners in the crypto world. They are secure, educational, and store your coinage indefinitely. They are also wide-ranging and varied.

Bitcoin trading platforms to rely on

Cryptex is an innovative form of Bitcoin exchange thanks to its ergonomic platform. Users can exchange cryptocurrencies to cash and vice versa in 16 countries of Europe, Middle East and CIS, take advantage of 24-hour support, and buy or sell crypto in minutes with no limits and restrictions. Additionally, Cryptex offers API for traders, crypto payment solutions for ecommerce and OTC desk for high volume traders.

Cryptex Bitcoin Trading Platform also provides secure any KYC-free crypto wallets with 5 factor authentication. Cryptex platform doesn't require verification for all types of transactions, so it represents a safe way to get in on the Bitcoin market with minimal risk on the platform's end. As a result, it is our top choice in trusted bitcoin trading platforms that offer access to cash transactions.

Note: Investment in cryptocurrency is subject to risk and readers should do their own due diligence. Entrepreneur Media does not endorse any such investment.

Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Productivity

Want to Be More Productive? Here's How Google Executives Structure Their Schedules

These five tactics from inside Google will help you focus and protect your time.

News and Trends

From Meager to Mighty: India Holds 60% of Global Vaccine Production

From the bustling urban hospitals in metropolitan cities to the rural health clinics in remote villages, India's healthcare system is a study in contrasts. FICCI-EY report – 'Decoding India's Healthcare Landscape' notes the leaps and bounds India has taken in the context of the healthcare sector.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Entrepreneurs

Curiosity into Creativity Translator: Aditya Sanghavi

Founded in 2015 by Aditya Sanghavi, the Mumbai-based startup claims to retail in over 5,000 stores across the country through distributors and works with a few supermarket chains.

News and Trends

Digital Lending Platform Propelld Raises USD 25 Mn Debt for NBFC Arm Edgro

The Bengaluru-based platform aims to deploy the raised money to expand its offerings and market reach.