Zenledger validates its partnership with BitPay crypto exchange

ZenLedger, a provider of blockchain analytics and bitcoin tax software, has chosen the cryptocurrency exchange platform BitPay to accept cryptocurrency as payment for its goods.

ZenLedger hopes to give crypto traders access to a wide range of functions by making the change.

Partnership with ZenLedger through our affiliate program is the best way to inform your audience about #cryptocurrency taxes while making money! We pay our partners up to $119 for each customer they attract. https://t.co/1otPFciDNT pic.twitter.com/cRDA4BOqTt

— ZenLedger (@ZenLedgerIO) June 11, 2020

The business will be able to reduce transaction costs and increase industry transparency by accepting cryptocurrency payments.

Through the cooperation, ZenLedger can settle claims in US dollars and avoid the price volatility associated with cryptocurrency transactions.

As a brand built to serve traders and individuals on the cutting edge of Web3 Innovation, the decision to accept crypto payments using BitPay was straightforward,

stated Pat Larsen, CEO, and co-founder of ZenLedger.

Our main objective is to make using cryptocurrency as easy as possible for our consumers so they can save time and money. This entails keeping track of their transactions and giving them the option to use those monies to pay for our services.

Currently, BitPay offers blockchain payment processing that makes it possible to send money using a variety of cryptocurrencies, including ApeCoin (APE), Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), and Ethereum (ETH).

Its solutions are to stop transaction fraud, lower the cost of payment processing, and enable cross-border cryptocurrency transactions.

According to a report by PYMNTS and BitPay, income impacts people’s interest in cryptocurrencies. In contrast to the over 60% of respondents who claimed they were living well, more than 43% of those who said they were struggling to pay their bills and lived paycheck to paycheck said that their major reason for experimenting with digital currencies was to make payments.

The percentage of respondents, broken down by age group, who say they will buy cryptocurrency within the next year: Boomers and elders make up 7%, Gen X makes up 28%, Bridge Millennials 38%, Millennials 42%, and Gen Z makes up 27%.