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Home ยป BitoPay: Effortlessly Convert BTC and ETH to New Taiwanese Dollars for Direct Payments
Cryptocurrency Market

BitoPay: Effortlessly Convert BTC and ETH to New Taiwanese Dollars for Direct Payments

Apr. 18, 20242 Mins Read
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BitoPay: Effortlessly Convert BTC and ETH to New Taiwanese Dollars for Direct Payments
BitoPay: Effortlessly Convert BTC and ETH to New Taiwanese Dollars for Direct Payments
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Bito Group, a Taiwanese cryptocurrency company, announced today on a social media platform that its exchange, BitoPro, has officially partnered with the well-known third-party payment provider, Blue New Payment, to launch a cryptocurrency payment service called BitoPay.

BitoPay Features:
Bito Group has outlined the benefits of BitoPay for both consumers and merchants, which include:

For Consumers:
Supports various cryptocurrency types, including BTC, ETH, and USDT
Real-time transactions to facilitate cryptocurrency applications
No geographical restrictions, enabling convenient payments anytime

For Merchants:
Access to global markets and high-end consumer groups
Funds settled in New Taiwan Dollars, eliminating exchange rate risks for merchants
No need for integration after approval
Transactions are secure as consumers undergo real-name verification

It was announced that merchants who enable #BitoPay in the Blue New Payment system before July 31 will enjoy a “transaction fee waiver.”

In order to use BitoPay, users must first download the BitoPro app and complete Level 2 registration. In the image below, users can see the option to choose which cryptocurrency to use for payment and the exchange rate for converting into New Taiwan Dollars.

Source: Blue New Payment

Actively promoting cryptocurrency:
Just last month, BitoPro announced a new collaboration with FamilyMart convenience stores, where users can receive free Bitcoin redemption codes when picking up items at FamilyMart, with a total value of 1 million New Taiwan Dollars. In less than a month, Bito Group has launched the BitoPay payment feature, showing their active efforts to strengthen cryptocurrency promotion and application.

Additional reading:
Get 1 million worth of Bitcoin for free by picking up items at convenience stores! BitoPro collaborates with FamilyMart
Bito Group’s founder and CEO, Chris Cheng, has expressed his desire to create a culture and convenience in Taiwan for using cryptocurrency in daily life. These recent actions are gradually turning that vision into reality.

Related Reports
Economist Wu Tan-ju understands the “Bitcoin halving effect” and showcases Bito and MAX accounts: Successful doubling through regular investment
Exchange your convenience store points for Bitcoin! How FamilyMart, Bito, and Circle make free cryptocurrency redemption as simple as buying coffee?
Germany’s third-largest bank, DZ Bank, partners with Ripple subsidiary to launch cryptocurrency custody platform for institutional clients.

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