cryptocurrency payments

Cryptocurrency payments involve using digital currencies like Bitcoin or Ethereum to buy goods or services. Instead of cash or credit cards, the transaction is recorded on a decentralized digital ledger called a blockchain, which ensures security and transparency. Payments are made by sending the cryptocurrency from your digital wallet to the recipient’s wallet address. This process usually happens quickly across borders, often with lower fees, and does not require traditional banks. Cryptocurrency payments are becoming more common as an alternative payment method, offering a secure, efficient, and global way to transfer value electronically.