Earlier this year, we were all taken by surprise when the Covid-19 outbreak hit us. As the year comes to an end, we’re all gradually moving forward into a better future — with more vaccines being developed, continued significant decreases in deaths and increasing number of recoveries.
The future looks bright
As the future starts to look brighter with every passing day, we too are putting extra effort to help our clients move towards the future. It was during Q2 of 2018 when the Cointify Exchange was Launched — where we enabled the public to get the first taste of Bitcoin.
Moving forward to Q4 2020, the Cointify Payment Gateway was launched. This strategic launch was already in planning for months and the reason we proceeded with this direction is to enable Cointify to have higher liquidity and trading volume in order for us to offer a competitive price, and thus generate higher profits.
A payment gateway for everyone
The Cointify Payment Gateway is created and catered for every consumer group.
As the popularity of cryptocurrencies continue through out the years, more and more businesses have been adding Bitcoin and cryptocurrencies as a payment method. The launch of Cointify Payment Gateway enables businesses to keep up with the crypto revolution by enabling their customers to pay using cryptocurrencies.
Another sector that the crypto payment gateway aims to hit is the B2B sector. For large transactions that usually occur in the B2B sector, the Cointify Payment Gateway is able to offer a borderless, transparent and more secure way of processing payments.
Generating Profits
With the launch of the Crypto Payment Gateway, we have enabled more different channels to deposit with us which in turn allows for higher deposit amounts and also increasing the frequency of these transactions.
The subscription service to our Crypto Payment Gateway is also another way the company is generating profit. As we increase our market outreach to businesses who would be utilizing this service, we would be gaining profit from first, the subscription service itself and second, the handling fees from the transactions.
The graphic below shows how this works:
Why Tether (USDT)
1. Lower Transaction Fees — USDT offers lower fees and also faster transfer time
2. No Fluctuations –1 USDT is pegged to 1USD, which makes it less volatile compared to other cryptos. This makes USDT more practical for mainstream usage as anyone can hold on to it without the fear of losing its value due to volatility.
3. No Supply Limit — USDT does not have a supply limit. Currently, there are more than 17.5 billion USDT circulating.
4. Safety — In the world of cryptocurrency, USDT is considered as a stable coin and runs on Ethereum’s blockchain technology that offers great stability and safety.
5. Forward moving trend — Crypto acceptance is rising all around the world, even in large companies like Facebook, Paypal and Uber.
Closing Note
As we end the year, we are looking forward to a brighter future for our investors and also for ourselves.
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