Bitcoin may be the most valuable cryptocurrency for now but consumers and businesses are leaning to other digital tokens for purchases, according to one of the world's biggest crypto payments processors. Let's get tokens cryptocurrency and how to buy Ethereum in Canada.

2. Bitcoin may be the most valuable cryptocurrency for now but
consumers and businesses are leaning to other digital tokens
for purchases, according to one of the world's biggest crypto
payments processors. Let's get tokens cryptocurrency
and how to buy Ethereum in Canada.

4. The use of Bitcoin as a form of payment dropped to 65 per
cent in 2021 from 92 per cent in 2020. Meanwhile, altcoins -
coins other than Bitcoin which include Ethereum token
Ether, stablecoins and memes coins accounted for major
purchase tokens.
Bitcoin drops below $40,000 for first time since September
after Fed spooks investors.

5. Why are altcoins like Ethereum on the rise?
There are several reasons why altcoins have been used more
to make payments.
Firstly, crypto markets have been very volatile since early
November. Bitcoin’s price rose 60 per cent last year and amid
the unpredictability, many investors hold onto the crypto,
seeing it as a long-term investment rather than trade or
spend.

6. Given Bitcoin’s price volatility, analysts say stable coins have
been seen as a safer bet for trading.
Bitcoin ban: These are the countries where crypto is
restricted or illegal
Crisis: Bitcoin price slumps as nationwide Internet blackout
hits crypto miners
As for meme coins, Tesla chief executive Elon Musk has
touted Dogecoin over Bitcoin, largely due to environmental
reasons as it consumes less energy than Bitcoin mining.

7. What did people spend their crypto tokens on?
When crypto investors spent their tokens, many purchased
luxury goods such as watches, cars, boats, jewellery, and even
gold, which has come as a surprise as many potentially see
Bitcoin becoming the commodity akin to the 21st century’s
gold.

8. We help companies accept cryptocurrency payments and
have been doing so since 2011, when few companies accepted
digital coins. Now, the company says it processes around
66,000 crypto transactions per month. More mainstream
companies such as PayPal and fintech and wallet companies
are entering the crypto payments space.

9. How to Buy Ethereum in Canada?
When it comes to Ethereum, Bitcoin and even Ripple, all of
them aim at reducing the intermediaries, thereby reducing
the chances of the man in the middle attacks and transaction
costs also. So, let's just figure out how do I buy
cryptocurrency in Canada here. One of the event options
you can look out for is Netcoins.

10. Check out their website now!
SOURCE CREDIT:
https://buyethereumcanada.blogspot.com/2022/01/
bitcoin-or-ether-check-out-how-to-buy.html