Welcome to our remaining e-newsletter of 2023! Prepare for some thrilling updates from our staff at BitPay, together with new retailers becoming a member of the world of cryptocurrency. Let’s dive into this month’s highlights, plus some highlights from the thrilling 12 months we’ve all loved in 2023.
In This Difficulty:
BitPay within the Information
Try the most recent information from BitPay this month:
BitPay 2023 Highlights
BitPay launched a ton of latest options and introduced a number of thrilling partnerships in 2023.
Keep within the Know
The newest insights from the BitPay Weblog:
Coming Quickly: Better of BitPay Awards 2023
We’re celebrating the entire innovating manufacturers, retailers, and organizations that settle for cryptocurrency! Whether or not you’re a present service provider or avid buyer, we wish to hear from YOU! You’ll have the chance to appoint and vote for the companies embracing crypto funds.
Product Focus: Crypto-funded Reward Playing cards
Nonetheless hung up on vacation procuring? BitPay’s present card providing brings the highest manufacturers and retailers to the crypto neighborhood, giving spenders a quick, handy, and safe method to spend cryptocurrency as simply as money.
→ Learn extra concerning the present playing cards you should purchase through BitPay
Crypto Giving: Donate Earlier than Years Finish
There’s nonetheless time to contribute, donate, and provides utilizing your cryptocurrency! Why donate crypto?
- Extra of your donation goes to the trigger, not fee processing
- Crypto donations stay non-public (in order for you them to be)
- Crypto donations are tax deductible and are exempt from capital positive factors taxes
Make certain to provide earlier than the top of 2023 if you wish to make the most of the tax advantages.
→ See how one can donate with crypto
Inquiries to Ask Your Fee Processor
Don’t danger partnering with the incorrect crypto funds supplier. Arm your self with the appropriate inquiries to ask when vetting potential companions.
Query #24: What’s their velocity of settlement?
Learn the overview right here or obtain our expanded information of questions to assist spot a dependable and reliable crypto accomplice.
Bitcoin Halving Countdown
The Bitcoin halving is slated to happen in April 2024. With the upcoming Bitcoin halving occasion, retailers have a singular alternative to capitalize on the elevated curiosity in Bitcoin spending. By accepting Bitcoin funds by means of BitPay, retailers can faucet right into a rising buyer base and profit from the potential surge in Bitcoin transactions. Do not miss out on this opportunity to remain forward of the curve and join with BitPay right this moment.
Phrase of the Month: Bitcoin ETF
A Bitcoin ETF is a fund that gives traders publicity to Bitcoin. Shares of the fund signify possession of one thing Bitcoin-related. They’ve a ticker image and will be traded on an change like a person inventory.
The primary distinction between a Bitcoin ETF and a conventional ETF includes the asset(s) that underlie the ETF shares. Most funds maintain a basket of shares or bonds. Bitcoin ETFs maintain Bitcoin or belongings that correlate to Bitcoin. Futures ETFs maintain futures contracts, or bets on the worth of Bitcoin. A spot Bitcoin ETF would maintain solely Bitcoin.
Journey with Crypto
BitPay Journey is now open to all! In collaboration with Xeni, BitPay Journey permits crypto customers to pay for flights, lodges, rental vehicles, and actions with their cryptocurrency. Get nice costs on your whole journey bookings and get the additional benefit of paying straight out of your cryptocurrency pockets.
→ Begin utilizing BitPay Journey
Not a present service provider?
Get in contact with a BitPay consultant right this moment
