Bytus

The previous articles talked about instant conversions and the ease of payment in Bytus. It is time to talk about this payment portal&#39;s goals for itself. First, the primary purpose of this platform is to enable retail chains to adopt cryptos as a feasible option. This would be a significant change, as crypto as a payment mode will succeed only when it can be used for day-to-day expenses.Getting rid of all cards and risky methodsBytus&#39; method of easing instant conversion cannot be replicated in any other way. It eliminates the practice of plastic cards through the Bytus mobile service. It works as a contactless card and lets the users pay without punching in any information, making the transactions safer. Therefore, Bytus makes crypto payments even safer than they already are.We all know that fiat transactions involve many third-party services, and users&#39; information gets shared on multiple platforms. Bytus aims to prevent users from sharing their information unnecessarily. It wants to create a safer ecosystem that works through payment terminals and QR codes and allows the instant conversion of cryptocurrency into fiat.A watershed moment for cryptocurrency usersThis would be a watershed in the history of cryptocurrency so far. No other payment portal brings cryptocurrency so close to the markets feasibly. It would be achieved with Bytus, and through this platform, it would reach millions of users in no time.Bytus is a giant leap toward the future of cryptocurrency. It brings people closer to this technology with a convenient and profitable platform. To keep people safe, Bytus will add the KYC process to its platform. This means that every new user will have to go through the process, and only then will they be able to make transactions through this platform.For merchants and usersThe allocation of tokens will be done through two separate channels. The receiving and sending media will serve as gateways for the registrars. The registrar is the user who first registers new accounts and is handed over the public key through which the transactions are carried out. One Bytus token is frozen every time a transaction takes place using the public key and account name.Bytus does a great job of securing the information of its users and enabling them to execute transactions seamlessly using crypto and fiat. This project is focused on making cryptocurrency a prominent mode of payment. It paves the way for retailers and the entire market to get familiar with cryptocurrency and blockchain technology. Therefore, Bytus will encourage merchants and users to adopt crypto payment as a preference over fiat.

Make crypto payments more advantageous and handy with Bytus

Bytus

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