Crypto processing platform BitPay processed over 600,000 transactions in 2024, with Litecoin (LTC) rising as the preferred cryptocurrency for funds, accounting for greater than 30% of all transactions.
BitPay, one of many oldest crypto processing platforms, launched its 2024 annual report, revealing a complete of 608,000 transactions. The highest 5 cryptocurrencies utilized by BitPay customers embrace:
- Litecoin: 201,165 funds.
- Bitcoin: 130,250 funds.
- Ethereum: 56,356 funds.
- Dogecoin: 32,148 funds.
- USD Coin: 24,768 funds.
America accounted for about 76% of all transactions proccesed. March recorded the best transaction quantity, with 62,000 funds processed. January and February adopted with 60,000 and 57,600 transactions, respectively.
Probably the most generally bought items and providers utilizing cryptocurrency included sports activities tools, valuable metals, VPN and internet hosting providers, laptop networks, autos, web supplier providers, luxurious gadgets, jewellery, software program, monetary providers, and transportation.
Beforehand, CP Media supplied an in-depth information on crypto processing and how you can decide the most effective service for crypto funds in enterprise.
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