Experts estimate today’s crypto market cap at an avg. $150-200 bn, with over 1000 assets in existence. However, most of this value is excluded from the retail cycle: people can not use their digital assets for everyday payment. Lack of payment infrastructure is one of the strongest barriers to mass adoption of cryptocurrencies.
Making your coin or token available at hundreds of merchants and services will help to promote your digital asset and grow user community.
Backup by goods and services can stabilize your asset’s value, making it less dependent on price fluctuations of major cryptocurrencies.
A larger number of users means a growing demand for your digital asset, making it more attractive for investors.
Cyclebit offers businesses a complete infrastructure for accepting payments in crypto and selling it to customers. Cyclebit ecosystem includes POS terminals, crypto payment cards, management software, and payment processing. It closes gaps between customers, merchants, exchanges, and coin issuers.
Cyclebit is already working in pilot mode in Spain, Vietnam, Canada, Sweden, and other countries. To start accepting payments in cryptocurrencies, merchants can purchase Cycle POS terminal and connect to the Cyclebit system.
To integrate your coin with Cyclebit
payment ecosystem* we’ll need:
Your full node client
Mobile wallet
Some reserve coin funds
Reference on documentation for your API
The initial cost is 50 000 USD, 50% payment is required in advance.