Friday, March 29, 2024
-Advertisement-
Reimagining Public Sector Analytics
Reimagining Public Sector Analytics
HomeNewsEnterprise ITSynup launches new website CoinFriendly.io to list businesses that accept bitcoin

Synup launches new website CoinFriendly.io to list businesses that accept bitcoin

Follow Tech Observer on Google News

The new website will allow bitcoin users to identify stores and services in 20 countries including North America, Europe, Asia, Australia and South America that accept bitcoin, said Synup.

Google News

, a provider of SaaS-based location intelligence has launched a new website, . Company claimed that the website has 10,717 -accepting businesses listed making it one of the single largest repository of local businesses that accept cryptocurrency for transactional purposes. The new website will allow bitcoin users to identify these stores and services in 20 countries including North America, Europe, Asia, Australia and South America.

With the increase in bitcoin adoption rates, the number of businesses that are now open to accepting any form of cryptocurrency has also been soaring. Bitcoins are now worth more than $13000, making it a highly valuable asset for cryptocurrency investors. While the debate on regulating digital currency surges on, the adoption rate has been growing tremendously, leading to a market capitalisation of over $250 billion. While early adopters chose to use bitcoin as an investment opportunity, new users are utilising their bitcoin as a cashless payment option.

Currently, North America leads in the number of bitcoin users, closely followed by Europe. One can also search for vendors through the website's categorical search, which has listings of all kinds of businesses ranging from home services to restaurants and hotels. This is a valuable tool for locals as well as travellers.

Synup, the parent company owning CoinFriendly, has been supporting local businesses in the USA and Canada with improving their online presence since 2014. With CoinFriendly, Synup hopes to tap into the previously untapped cryptocurrency market, helping small and medium businesses improve their visibility amongst bitcoin users.

“We are proud to be launching the world's most comprehensive directory of bitcoin friendly businesses. It was one of our most ambitious projects and we are very happy to see the final product. Coin Friendly is an effort to make cryptocurrency the de facto standard across the globe. Crypto is a reality and while some may argue about regulations and protocols, the current businesses that are accepting bitcoin need to be visible to the public,” said Ashwin Ramesh, Founder & CEO, Synup.

Get the day's headlines from Tech Observer straight in your inbox

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
Sanjay Singh
Sanjay Singh
Sanjay Singh covers startups, consumer electronics and telecom for TechObserver.in
- Advertisement -
Reimagining Public Sector Analytics
Reimagining Public Sector Analytics
- Advertisement -Veeam
- Advertisement -Reimagining Public Sector Analytics
- Advertisement -ESDS SAP Hana

Subscribe to our Newsletter

83000+ Industry Leaders read it everyday

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
- Advertisement -

How AI power struggle opens up new frontier in global geopolitics

The far-reaching influence AI has on information processing, national security, military operations, the economy, and strategic decision-making is set to reshape the geopolitical landscape and redefine the power dynamics between nations.

RELATED ARTICLES