KRYPTOPAGO

Alice Finance
ALICE FINANCE
September 19, 2019
BRICKBLOCK
September 5, 2019

KryptoPago

It's a platform that allows merchants in countries with hyperinflation, to receive payments in the local currency or in cryptocurrency and automatically exchange them into the preferred ones.

KryptoPago created a nice user interface where the merchant will choose the preferred currencies for storing the value of the goods or services provided (i.e. 50% USDC, 30% BTC 20%).

The merchant will receive payments in the local currency (which is losing its value at a high rate) and then will send the money to a p2p network and receive BTC back in the assigned multisig wallet (Custodian: Bitgo)

LocalBitcoins.com market:

➔ More than 1,143 BTC on trades averaged per week over the last 12 months.* ➔ +318 million USD of total market transactions over the last 12 months.* ➔ Total market growth of 2x over the last 12 months.*

* Stats from https://coin.dance/volume/localbitcoins/VES/BTC


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