Ten years after the first digital currency in the world, which paved the way for the growth of the encryption market as we see it now, and the creation of many new encryption projects and technologies, digital currencies continue to be widely adopted to be able to function effectively.
Some of the major digital currencies in the market, such as Bitquin and the Rebel, have already begun to get big adoption, with more companies and traders opening up to the option of using digital currency as a means of payment. They were joined by Leitquin, the fifth largest currency in terms of value, with a market capitalization of up to $ 3,759,426,673. Leitquin acquired its share of partnerships with leading organizations in various fields and began taking initial payments in the form of some encryption projects Other.
"The digital currencies are about to revolutionize the world of payments," said John Moore, an encryption expert and senior LITQUEEN proponent, and that these currencies will be widely embraced as consumers are fed up with the extra fees charged by traders.
In a video posted on Twitter, Moore said he had held large meetings with companies to persuade them to accept the "Letquin" and "Betcuen" as a means of payment, and that the additional fees for credit cards are one of the biggest issues affecting the area of payments, imposed by traders on Credit card transactions to cover business charges imposed by credit card companies.
Moore said that the fact that traders are charging their fees to consumers in the form of additional fees is a great news for the encryption industry, because the rise in these surcharges will make consumers more open to accept the idea of using digital currency as a means of payment due to lower encryption transaction fees. Charging 0.5% or 1% on encryption transactions will be very low compared to 4% charged on credit card transactions.
High fees have long been a long-standing problem for many traders. For example, the US grocery chain Kruger announced a few weeks ago that it had abandoned Visa because of its incompetence and high fees. Other alternatives are being considered cheaper and more available to customers Including digital currencies.
