Why is the world increasingly captivated by cryptocurrency? From tech enthusiasts to mainstream consumers, the popularity of digital currency is growing, spreading to almost every industry. As the demand reaches the top, so does the need for solutions to handling crypto transactions. They are a must-have and the one that we are going to talk about today.
The Widespread Adoption
We live in a world of technology where innovations emerge every day, and cryptocurrency is no exception. While many users already utilize cryptocurrency, even more people are interested in it. What’s truly fueling the widespread fascination of crypto? The introduction of the Markets in Crypto-Assets (MiCA) regulation — a game-changer promising a surge in the cryptocurrency sphere.
The legalization of cryptocurrencies, resulting from the MiCA regulation, is set to unlock huge potential within the industry. It will stimulate the creation of new business models in the realm of crypto payments and attract a wave of users to the market. As the boundaries of traditional finance are reshaping, existing companies should adapt to these changes by offering consumers innovative payment methods.
The Optimal Solution for Crypto Processing
Companies looking to start a crypto processing business face a critical decision: to build their own payment processing software from scratch or to opt for a ready-made, proven solution.
Let’s be honest, developing software from the ground up sounds too complicated and requires a lot of resources, time, and money. And we’re not even talking about finding a team, drafting documents to approve development stages, and a bunch of other things.
Often it is better to consider ready-made solutions like WhiteFlo, a self-hosted software designed specifically for crypto payment service providers. The WhiteFlo software includes a B2B wallet, an instant exchange, merchant accounts and crypto processing, and a fiat-to-crypto gateway, which can be launched in under a month.
