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BTCC / BTCC Square / Global Cryptocurrency /
Neil Bergquist Explains Why Merchants Pay Less With Crypto Transactions

Neil Bergquist Explains Why Merchants Pay Less With Crypto Transactions

Author:
Global Cryptocurrency
Published:
2025-04-26 09:03:01
20
3

Digital payments are becoming ubiquitous, forcing businesses to seek cost-efficient solutions. Traditional payment systems, burdened by intermediaries and fees, face disruption from cryptocurrency transactions. Neil Bergquist, CEO of Coinme, leverages his decade-long experience in building America’s largest licensed crypto cash network to highlight this shift.

Blockchain-based transactions eliminate the need for complex credit card networks, offering merchants a leaner alternative. The move toward digital assets represents a fundamental restructuring of value transfer in finance—one that prioritizes efficiency over legacy infrastructure.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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