After the sudden outbreak of the global pandemic, businesses had to rethink their blind optimism about the traditional financial system. Turns out that no one is protected against inflation, and companies need to choose safer options for handling and storing their capital. With an industry standard-setter like Exscudo, scam platforms are no longer a threat – there is a simple and comprehensive way to manage both fiat and crypto payments.
In 2020, global markets faced unprecedented volatility and instability in the already fragile economies of many countries. Amid the global economic uncertainty caused by COVID-19 and inflation, people around the world started turning to Bitcoin and altcoins as alternative assets and means of transferring money.
COVID-19 has clearly highlighted the challenges faced by the global economy. As a result, people have become better at understanding the nature of inflation and how it can affect both their personal income and business environment.
During the pandemic, the demand for cryptocurrencies rose sharply together with their price and volume. Bitcoin’s recent ATH of $69,000 is perfect proof. Global interest in cryptocurrencies as a new decentralized asset type has forced many countries to adopt special legislation in this area. But institutional investors are reacting to the rising trend even faster.
In 2020 and 2021, we saw high-profile examples of corporations showing interest in Bitcoin:
These are all positive signs that institutional investors are incorporating Bitcoin into their financial and hedging strategies. This helps cryptocurrencies gain legal status and contributes to raising awareness of blockchain as a remedy for long-term inflation.
But what about other businesses around the world? Can they benefit from cryptocurrency payments and store their digital capital safely? Whatever transaction a company needs to perform – exchange, sell or buy – Exscudo has a ready-made solution.
With businesses turning their attention to cryptocurrencies, many entrepreneurs are attempting to introduce some features of decentralized finance into their infrastructure. Individuals struggle with that, too. For example, one user called Exscudo a scam because his wallet didn’t open due to being affected by another app.
As it was revealed by the team of Exscudo, scam projects repel users from exploring the crypto industry because they are afraid of losing money, not to mention that digital currencies are volatile in themselves.
Hence, newcomers to crypto face two major challenges: adoption and safety.
Since the very moment of Exscudo ICO, the project team has been emphasizing the importance of easy-to-understand asset management solutions. Blockchain technology is complicated, so the only way to encourage new users to explore it is by providing guidance, flexibility and freedom.
That’s exactly what Exscudo, EON blockchain-based platform, is doing. It supports over 60 currencies, including fiat, and offers:
Whenever users want to check the Exscudo coin price or perform a transaction, they can install the native app from Play Store or AppStore, and manage funds on the go. Peer-to-peer transactions will be introduced in Q1 2022. With Exscudo, coin management becomes a matter of a few clicks.
So, is Exscudo a scam? Negative comments are an exception rather than the rule here. Here is what people mention in their feedback:
If Exscudo reviews don’t sound convincing enough, let the numbers speak for themselves: in 2021, the company has processed over $250 mln worth of transactions. The global trend of merging crypto and fiat payments in business is evolving, and solutions like that encourage regular users to jump on the wagon.
While some businesses remain stuck with traditional finance, others catch up with the progress in fintech and leverage solutions that appeal to customers. Crypto payments erase geographical limits, eliminate middlemen and bring financial freedom to both the payer and the recipient. With platforms like Exscudo, everyone can see that crypto payments are no challenge and make life easier.
Visit the official website to see how cryptoprocessing can benefit your brand.
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