Welcome to the August issue of Cryptie! As summer approaches, the pace of innovation in the crypto world is picking up. This month, we bring you exciting updates, including a brief recap of the recent Litecoin Summit and Bitcoin Conference in Nashville, as well as the latest trends in crypto payments, industry news, and insights from the community. Let’s get started!
In this issue:
Industry News
Read news from across the blockchain industry:
Litecoin Summit Recap
BitPay went all out at the 2024 Litecoin Summit in Nashville, and our team engaged with some of the biggest names in the Litecoin community. Attendees heard from some of Litecoin’s brightest minds, including Merrick Theobald, VP of Marketing, who gave BitPay’s latest LTC statistics and updates in an impressive way. Watch the video below to see the highlights!
Bitcoin 2024 Conference Summary
BitPay once again had a strong presence at the Bitcoin 2024 Conference, the largest annual cryptocurrency event in Nashville, Tennessee. Key guests included Edward Snowden, Michael Saylor, Robert F. Kennedy, Jr., and Donald Trump.
BitPay has introduced the latest features of BitPay Wallet, allowing users to seamlessly buy, store, exchange, send/receive, sell and spend bitcoin, and engage with merchants who want to accept cryptocurrency payments. The BitPay Prize Wheel has become popular, offering prizes such as gift cards, custom jerseys and collectible coins.
→ Check out all the highlights of BTC 2024
dDownload BitPay Spending Report 2024
Did you know that cryptocurrency payments increased by 20% in Q1 2024? BitPay’s latest Spend Report shows how payments have evolved across industries, coins, chains, regions, and other interesting spending trends.
→ Download BiPay Spending Report 2024 100% FREE!
Product Focus: Pay your bills with cryptocurrency
Say goodbye to traditional bill payments. Use Bill Pay to pay virtually any bill with over 100 cryptocurrencies, including BTC, LTC, ETH, DOGE, and hundreds more.
- Credit Card
- Student Loans
- Mortgage
- utility
- Car Loan
→ Get started by getting the app or signing up at BitPay.com
Merchant Spotlight: The Farm at Okefenokee
Experience The Farm at Okefenokee, where sustainable living and community thrive together on a 705-acre regenerative farm. Live a modern, self-sufficient lifestyle with like-minded neighbors and fellow Bitcoiners.
- Self-sufficient: Produce your own food, water and energy.
- Community: Live with other Bitcoiners.
- Off-grid living: Includes modern amenities.
- security: A safe haven from modern society.
Secure your cabin at The Farm with Bitcoin
The Farm has partnered with BitPay to allow you to secure your cabin using Bitcoin.
→ Join the Okefenokee Farm
Questions to ask your payment processor
Don’t risk working with the wrong cryptocurrency payment provider. Arm yourself with the right questions to ask when vetting potential partners.
Question #33: How many cryptocurrencies do they support?
Read the overview here or download our extended FAQ guide to find helpful information to help you find a reliable and trustworthy cryptocurrency partner.
→ Get the e-book
Get ready for back to school with cryptocurrency-based gift cards
Whether you’re shopping for the latest tech gadgets, stylish clothes, or sports gear, these gift cards offer the convenience and flexibility you need to get ready for school to return.
Adidas
Get your students ready for the new school year with top-quality athletic apparel and gear from Adidas using a convenient cryptocurrency gift card.
Best Buy
Provide students with the latest tech and school supplies at Best Buy, and make it easier for them to get ready for school with cryptocurrency gift cards.
gap
Dress your students in stylish and comfortable clothing for the school year with Gap’s wide range of options. Make it easy with a cryptocurrency gift card.
→ View gift cards
Word of the Month: Liquidity Pool
Liquidity pools are a core component of decentralized finance (DeFi), allowing users to pool their assets to provide liquidity for trading pairs on decentralized exchanges (DEXs). These pools enable automatic and efficient trading without the need for traditional market makers, and reward liquidity providers with fees generated from trades. Participating in liquidity pools allows users to earn passive income, but they also face risks such as temporary losses due to fluctuations in the value of their deposited assets compared to keeping them outside of the pool.
→ Learn more about liquidity pools
Travel with Crypto
BitPay Travel is now open to everyone! In partnership with Xeni, BitPay Travel allows crypto users to pay for flights, hotels, rental cars, and activities with crypto. Book your trips at great prices and pay directly from your crypto wallet.
Merchant Praise
Check out this month’s Merchants’ Praise.
- Shop APMEX’s popular Silver and Gold categories, including pop culture collectibles. Shop now!
- OneGold lets you own your own stored gold, silver and platinum at a very low cost. Start your free account today.
- Buy your domain name from Namecheap today!
- Ready to accept cryptocurrency for your Shopify business? Get started with the BitPay app today!
- Deploy high-performance cloud servers, cloud GPUs, bare metal, and cloud storage globally instantly with Vultr. New users get $100 to test the platform.
- Use BrandBucket to name your business.
- Shop US stores with Qwintry and get your items delivered to your home reliably
Not currently a BitPay merchant?
Contact a BitPay representative today