Welcome to the last newsletter of 2023! Get ready for exciting updates from the BitPay team, including new merchants joining the cryptocurrency world. Let’s take a look at this month’s highlights, as well as some highlights from 2023 that we’ve all enjoyed.
On this issue:
Bitpay in the news
Check out the latest news from BitPay this month.
BitPay 2023 Highlights
BitPay is launching a slew of new features for 2023 and has announced some exciting partnerships.
Stay informed
Latest insights from the BitPay blog:
Coming Soon: Best BitPay Awards 2023
We celebrate all the innovative brands, retailers, and organizations that accept cryptocurrency! Whether you are a current seller or an avid customer, we want to hear from you! You will have the opportunity to nominate and vote for companies that accept cryptocurrency payments.
Product Focus: Cryptocurrency Gift Card
Are you still obsessed with holiday shopping? BitPay’s gift card products attract top brands and retailers to the cryptocurrency community and provide consumers with a fast, convenient and secure way to spend cryptocurrency as easily as cash.
→ Learn more about gift cards you can purchase through BitPay.
Cryptocurrency donation: Donate before the end of the year
There’s still time to contribute, donate, donate using cryptocurrency! Why donate cryptocurrency?
- A larger portion of your donations will be used for purposes other than payment processing.
- Cryptocurrency donations remain private (if you wish).
- Cryptocurrency donations are tax deductible and exempt from capital gains tax.
Be sure to donate before the end of 2023 to receive the tax benefit.
→ Learn how to donate with cryptocurrency
Questions to ask your payment processor
Don’t risk partnering with the wrong cryptocurrency payment provider. Arm yourself with the right questions to ask when researching potential partners.
Question #24: How fast are payments?
Read our overview here or download our expanded questions guide to help you find a trustworthy cryptocurrency partner.
→ Get the e-book
Bitcoin halving countdown
Bitcoin halving is scheduled to take place in April 2024. The upcoming Bitcoin halving event presents merchants with a unique opportunity to capitalize on the growing interest in Bitcoin spending. By accepting Bitcoin payments through BitPay, merchants can tap into a growing customer base and benefit from a potential surge in Bitcoin transactions. Don’t miss this opportunity to get ahead and sign up for BitPay today.
Word of the Month: Bitcoin ETF
A Bitcoin ETF is a fund that provides investors with exposure to Bitcoin. Shares in a fund represent ownership of something related to Bitcoin. It has a ticker symbol and can be traded on exchanges like individual stocks.
The main difference between Bitcoin ETFs and traditional ETFs has to do with the assets underlying the ETF shares. Most funds hold a basket of stocks or bonds. Bitcoin ETFs hold Bitcoin or assets related to Bitcoin. Futures ETFs hold futures contracts or bet on the price of Bitcoin. Spot Bitcoin ETFs only hold Bitcoin.
Travel with cryptocurrency
BitPay Travel is now open to everyone! In partnership with Xeni, BitPay Travel will allow cryptocurrency users to pay for flights, hotels, rental cars, and activities with cryptocurrency. Get low prices on all your travel bookings and enjoy the added benefit of paying directly from your cryptocurrency wallet.
→ Start using BitPay Travel
Not a current seller?
Contact a BitPay representative today