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Wix E-Commerce Platform Accepts Dogecoin and Other Cryptocurrencies

Israeli web development service Wix announces a partnership with cryptocurrency payments processor BitPay. Notably, Wix has 210 million users worldwide.

Wix also plane to gain more expansions and cover much areas, which explains its delve into Cryptocurrency. As per an Oct. 12 press release, Wix eCommerce platform adds a list of cryptocurrencies as new payment options.

Which of course, the list includes the meme cryptocurrency Dogecoin.

Furthermore, This new feature will be launching out in phases.
Ad first, cryptocurrencies are accepted in the U.S, Canada, the U.K., Germany, and Brazil sectors.

Meanwhile, This new partnership will ultimately permit merchants to get the attention of new cryptocurrency-friendly clients.

Wix’s Omer Shatzky explains further,

“With BitPay, Wix merchants have access to a whole new market of customers…”
“who prefer to pay with Bitcoin and other cryptocurrencies and an avenue…”
“for their business to tap into the growing cryptocurrency market.”

Lastly, as t February, Wix is considered to be Israel’s biggest company. Which of course, has its market cap amassing a huge $20 billion.

However, the shares are down by 27.48% year-to-date though, as this new partnership is set to bring it up.

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Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.