Crypto processing platform BitPay processed over 600,000 transactions in 2024, with Litecoin (LTC) rising as the most well-liked cryptocurrency for funds, accounting for greater than 30% of all transactions.
BitPay, one of many oldest crypto processing platforms, launched its 2024 annual report, revealing a complete of 608,000 transactions. The highest 5 cryptocurrencies utilized by BitPay customers embody:
- Litecoin: 201,165 funds.
- Bitcoin: 130,250 funds.
- Ethereum: 56,356 funds.
- Dogecoin: 32,148 funds.
- USD Coin: 24,768 funds.
The US accounted for about 76% of all transactions proccesed. March recorded the best transaction quantity, with 62,000 funds processed. January and February adopted with 60,000 and 57,600 transactions, respectively.
Essentially the most generally bought items and companies utilizing cryptocurrency included sports activities gear, treasured metals, VPN and internet hosting companies, laptop networks, automobiles, web supplier companies, luxurious objects, jewellery, software program, monetary companies, and transportation.
Beforehand, CP Media offered an in-depth information on crypto processing and the way to choose the very best service for crypto funds in enterprise.
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