Apirone Reports Significant Growth in Cryptocurrency Payment Processing: Litecoin Emerges as the Preferred Digital Currency
KESKLINN, TALLINN – 20/08/2024 – (EMWNews) – Apirone, a pioneering platform in cryptocurrency payment processing, has released its latest data showcasing a significant shift in the digital payments landscape. According to Apirone, the company’s payment processing system, which supports five leading cryptocurrencies and two stablecoins, has experienced a remarkable 70% increase in turnover from January 2023 to June 2024. This surge in cryptocurrency transactions has been driven primarily by the addition of Tron and USDT to Apirone’s payment basket, alongside a notable rise in Litecoin (LTC) payments, which has now become the preferred currency for many users.
Cryptocurrency Adoption in Diverse Sectors
Apirone’s latest report highlights the growing adoption of cryptocurrency payments across various business sectors. Notably, advertising and promotion services, along with CMS online stores offering both digital and physical goods, have been at the forefront of this trend. These sectors have increasingly turned to cryptocurrencies as a reliable and efficient means of transaction, benefiting from the decentralized nature and reduced costs associated with digital currencies.
A significant contributor to the rise in cryptocurrency adoption is the emergence of Telegram Mini-Applications (TMAs). These applications, including popular ones like Notcoin, Hamster Kombat, and Blum, have been instrumental in attracting new users to cryptocurrency. TMAs combine the advantages of Telegram bots with the functionality of web applications, offering ease of creation, integration, and promotion. This integration of TMAs with Apirone’s system has further accelerated the adoption of digital currencies among businesses and consumers alike.
“With the advent of Telegram mini-applications, we’re seeing a surge in new visitors and customers. The combination of Telegram bots and web applications has made it easier for businesses to integrate and promote cryptocurrency payments,” said Boiarov Maksim, the founder of Apirone. “This innovation has played a crucial role in the significant growth we’ve observed over the past year.”
Litecoin’s Ascendancy in the Cryptocurrency Market
The data presented by Apirone reveals a fascinating shift in the cryptocurrency landscape. While Bitcoin remains a popular choice due to its widespread acceptance, Litecoin has emerged as the preferred cryptocurrency for many users, particularly in the latter half of 2023. This shift can be attributed to several factors, including Litecoin’s reliability, enhanced security features, lower transaction fees, and faster confirmation times compared to other blockchain networks.
The rise of Litecoin is further evidenced by the increasing number of wallets and addresses being created within its network. According to Apirone, Litecoin has now surpassed Bitcoin in terms of the number of addresses generated, making it the leading L1 network in this regard. The median receipt amount for Litecoin transactions falls between $50 and $100, a range that typically covers everyday payments. This makes Litecoin an ideal choice for consumers looking for a practical and efficient cryptocurrency for daily transactions.
“The growing preference for Litecoin among our users is a testament to its suitability for everyday spending. With its low fees and quick confirmation times, Litecoin offers a level of convenience that resonates with our users,” noted Maksim.
Innovations in Cryptocurrency Payment Processing
Apirone’s commitment to innovation is further demonstrated by its popular product, the forwarding payment system. This system allows for instant transfers of funds from clients to merchants via temporary addresses generated by the Apirone processing gateway. By providing a balance between custodial and non-custodial services, this tool has become a preferred method for 64% to 75% of Apirone’s users. The forwarding payment system effectively mitigates the volatility of cryptocurrencies, offering a secure and efficient solution for both merchants and consumers.
Apirone’s data also indicates that the adoption of cryptocurrencies as a payment method continues to grow steadily, despite occasional fluctuations in the market. Users are increasingly choosing different cryptocurrencies based on their specific needs, whether that be transaction speed, cost efficiency, privacy, or the functionality of the services they use.
The Future of Cryptocurrency Payments
Looking ahead, Apirone is optimistic about the continued growth and adoption of cryptocurrency payments. The company is committed to expanding its range of supported cryptocurrencies and enhancing its payment processing capabilities to meet the evolving needs of businesses and consumers. As more sectors recognize the benefits of digital currencies, Apirone expects to see further growth in the use of its platform, solidifying its position as a leader in the cryptocurrency payment processing industry.
About Apirone
Apirone is a leading cryptocurrency payment processing platform that supports a wide range of digital currencies, including Bitcoin, Litecoin, and stablecoins like USDT. The platform offers innovative solutions for businesses looking to integrate cryptocurrency payments into their operations, providing tools that enhance transaction security, efficiency, and user experience. With a focus on innovation and customer satisfaction, Apirone is dedicated to driving the adoption of cryptocurrencies across various sectors.
SOURCE: Apirone
by Arrow123
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