All of this information was provided by Bitvavo, a trading platform.
If you are anything like the majority of people on this globe currently- you’re starting to get very comfortable with online shopping. Some retail industries have reported gains of over 800% when it comes to the demand for online items. Specifically, those related directly to virus protection and- you guessed it- toilet paper.
However, it’s not just these surge items that are seeing a pump in customers asking for online outlets for regular purchases. In fact, online purchases of common household staples like canned goods or shelf-stable items have seen an increase of online buyers up to 69%.
As we all head online to make purchases that we would regularly make in person, retailers are also looking to expand their payment options, hoping to factor in unique populations. Like bitcoin holders, and the companies mentioned above may well be just the tip of the iceberg. The global economy is on a precipice. One that many suggest may represent massive change on the horizon, with the growth of crypto integration and utilization.
What is evident, is how these retailers and many more have embraced crypto payment in an easy to use and widely accessible format. By integrating payment platforms such as Bitpay, in conjunction with payment protocol friendly wallets- paying for your household staples with bitcoin has never been more simple.
By simply scanning a QR code, following online prompts, or using cut and paste functions, wallet holders can ensure that their coins go exactly where they are needed. Without the frustrations of multi-window/link labyrinths or fear of scams or improperly deposited funds. Improving your online and in-home security as well as your peace of mind.