The meteoric rise and steady popularity growth of cryptocurrency have caught the attention of many large and small businesses. While many still see cryptocurrency more as a form of investment, there is a growing number of people who are looking to pay for goods and services with cryptocurrency—and many vendors are starting to catch on.
Of course, there is a litany of advantages for vendors who accept cryptocurrency as a form of payment. The use of blockchain technology makes it extremely difficult to make fraudulent transactions, vendors can avoid high transaction fees, and transactions that usually take days to go through are completed almost instantaneously through cryptocurrency.
