As the internet continues to grow, so does cryptocurrency. Recently, a web designer and developer in Surrey, British Columbia has begun accepting cryptocurrency for services. After receiving several requests from clients to pay with cryptocurrency, this web designer decided it was time to take the leap and started accepting Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).
Cryptocurrency, also known as digital currency or virtual currency, is a digital coin or token that can be used as a medium of exchange between two parties without any involvement from an intermediary such as a bank. It uses cryptography to verify transactions. In recent years, cryptocurrency has become more popular due to its high volatility and distinct features from fiat currency.
Why Accept Cryptocurrency for Professional Services?
The reason for accepting cryptocurrency as an official form of payment is simple. Accepting cryptocurrencies ensures that you have a secure transaction, no matter the circumstance.
The founder of Partopia Digital, Ary Azez, states: "I was skeptical about cryptocurrencies until a client asked to pay with it for my web design services. After that transaction went smoothly, I made it an official accepted form of payment at my company. Since then, it has really become a fan-favourite with my clients in Surrey and Vancouver."
Is Cryptocurrency safe to accept as payment?
It's been a busy year for cryptocurrencies, with Bitcoin reaching all-time highs and the Securities Exchange Commission finally providing guidance on how it will handle cryptocurrency securities. Now that we're in the new year, it's a good time to look at where risks may lie in accepting cryptocurrency as payment for your company.
The most obvious concern is volatility.
Bitcoin, the first modern day digital currency, had its value surge at times only to crash again not too long after. However, the currency has found some more stability in the long term and remains an investor favourite.
The only way to purchase cryptocurrency is through private exchanges, so many retailers are cautious to accept this form of payment because they do not know the background of the individual purchasing. New reports have surfaced revealing security issues with certain wallets which could lead to hackers stealing funds away from unsuspecting users.
How popular is cryptocurrency in Canada?
As the popularity of cryptocurrency has risen, more people are interested in investing in digital coins. This is not surprising given that cryptocurrency has become an attractive asset class for many.
Exactly how popular is cryptocurrency in Canada? According to a recent informal study by Ipsos, Canadians are investing $1.2 billion per year on buying and selling cryptocurrencies.
Cryptocurrencies have seen a recent surge in popularity, with Bitcoin being the most well-known. The instability of Bitcoin’s price has led people to invest in digital currencies. As the interest in cryptocurrency increases, more people are interested in investing in digital currencies.
Partopia Digital offers both Bitcoin and Litecoin services for buying, selling, and trading services.
About Partopia Digital
Partopia Digital has originally joined the market as a web design company. With time, associated services were introduced in its portfolio. Clients can now opt for search engine optimization too, as well as social media management. The company has recently introduced branding design among its services. Those interested can find more details about their work at https://partopia.ca.
For media enquiries:
Founder: Ary Azez
Address: #67 – 13335 115 Avenue, Surrey, BC
Phone: 604-445-8334
Email: support@partopia.ca
Website: https://partopia.ca
Country: Canada
City: Surrey
Province: British Columbia
Postal Code: V3R0R8
Media Contact
Contact Person: Ary Azez
Email:Send Email
Phone: 604-445-8334
Address:#67 – 13335 115 Avenue
City: Surrey
State: British Columbia
Country: Canada
Website: https://partopia.ca
