Crypto payment gateways store the keys when not in use and use several strategic features to enhance this storage. These features include encryption, secret sharing, and physical lockers based on convenience and preference. Visit @ https://www.paymentasia.com/en/product-and-services/crypto-gateway/

1. Advantages of Using a
Cryptocurrency Payment
Gateway
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2. Since its inception in 2009, Bitcoin has taken the world by storm. Cryptocurrency serves
as the new medium for daily transactions that surpass governmental institutions from
having any control over your money. Cryptocurrency transactions have many benefits,
so many online platforms are capitalizing on its increasing popularity by offering
payment solutions that help their customers use cryptocurrency as a mode of payment.
Here are some of the reasons why using a cryptocurrency payment mode can be
advantageous for you:

3. Low Transaction Costs
Since more and more people are getting involved in cryptocurrency, it is important for
business owners and e-commerce business owners to update their payment gateways to
include a cryptocurrency option. More and more people are opting to use this new digital
money because the transaction cost is very low. Within a traditional banking system,
there are transaction costs that can add up over time. These extra banking fees can be
saved if you use cryptocurrency. If you make international payments, then you are well
aware that international charges can be exorbitant. By using a cryptocurrency payment
gateway, you can cut down on these charges.

4. No Government Intermediaries
One of the biggest benefits of using cryptocurrency is that it is not under the control of
any federal government. What this does is makes it accessible to just about anyone and
makes transactions quick and straightforward. The removal of governmental
intermediaries eliminates the need for identification papers and documents when setting
up an account. This decentralization of currency is one of the main reasons that more
and more people choose to start using cryptocurrency payment gateways.

5. Safe and Secure
If you are looking to start using a cryptocurrency like Bitcoin, blockchain technology
makes it safe and secure. Since there is no personal information linked to your digital
wallets, identity theft is no chance. You get data protection as the records on a
blockchain are secured through cryptography. Blockchain technology acts as a public
ledger that records every transaction. Throw in the fact that it is decentralized, and you
have another security wall at your disposal as it attacks potential hackers. Another
advantage of using a cryptographic system is that transactions are irreversible and cannot
be amended once it is made.

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