How does it work
Select goods
Choose CryptoPal as a payment method
Confirm purchase and receive your goods
About CryptoPal
Our team have developed a mobile App, which becomes an intermediary between cryptocurrency owners, who want to spend their cryptocurrency and e commerce entities that do not accept cryptocurrency as a payment mean. We set PayPal as an example. CryptoPal is in great demand. Why? Because:
- Many people have cryptocurrency (traders, miners, blockchain developers, “hamsters”), but they do not have opportunity to spend it directly. If you want to spend it you have to register account on some cryptocurrency exchange or exchange service, then deposit your BTC, ETH etc., then exchange it on fiat money, then transfer fiat money to your bank account, and only then you can spend it.
- Many people has issues with their serving banks, when money comes from crypto exchange.
- Many people want to spend money anonymously and do not want to show their bankcard or any other personal data. Cryptocurrency is a perfect payment mean for this, but the problem is that most vendors do not accept cryptocurrency.
- Cryptocurrency gains more and more popularity all over the world. Therefore, PayPal’s market share in this field is not taken yet.
As it is approved in many countries that cryptocurrencies are commodities, in fact we have barter exchange, when we exchange one commodity (client’s cryptocurrency) to another (goods that we buy from vendor).
