NIMIQ Crypto - Article for an upcoming Product Launch
NIMIQ
From niche to mainstream, the crypto-currency world has been gaining momentum in today’s modern financial world, unlike before. There are multitudes of cryptocurrency options, and many people are getting involved in the new trend in trading. ATM machines in major cities can be used to withdraw cash via Bitcoin wallet addresses. Debit cards actively convert the cardholder’s crypto to fiat currency in real-time. Unquestionably, the era of crypto-currency has arrived. Some users will understand this new digital world’s complexities as second nature. But there are still large swathes of potential users who are unsure where to start. NIMIQ has crafted the perfect solution to this obstacle for new and curious users. They want to participate in a revolution of 21st-century currencies. Look at what NIMIQ is doing, and don’t get left behind.
The data is hard to argue with for unfamiliar potential users who are wary of how widely crypto is adopted. According to statistic websites like triple-a.io and Statista.com, there is an estimated 300 million crypto users worldwide, with 38 million users in Europe and over 2 million users in Germany alone. Regarding small-business owners, research has shown that up to 40% of customers are new to the merchant, transactions paid with crypto on e-commerce websites are up 12.5% every year, and merchants who adopted crypto as a payment method had an average ROI of 327%. [1] With potential growth rates that strong and zero up-front costs, any vendor would be remiss not to offer the option of crypto payments to their customers.
NIMIQ’s slogan is, “Don’t buy crypto; earn it.” NIMIQs new approach to the crypto-space wants users to set up their ‘wallets’ and start trading in 1 minute or less. It is a unique approach that differentiates the platform from many others like it. Coinbase is the largest and most recognizable name in the crypto-trading space. Still, unlike NIMIQ, the onboarding process can be grueling and requires a lot of personal data upfront. A few years ago, I went through this experience when I first learned about Bitcoin and its potential. The process felt like I was opening an IRA account, unlike how the crypto space was initially touted to me. During my onboarding with NIMIQ, the entire process took less than a minute, and I was able to start trading NIM, the homebrew coin of NIMIQ, as well as ETH and Bitcoin. The browser’s user interface is intuitive, and NIMIQ is currently developing a 2.0 upgrade to make the experience easier to use. NIMIQ requires no sensitive personal data, making many new users more comfortable engaging in this unfamiliar world. With the ease of the wallet setup, new users can find all the information they need on the dashboard, including current market prices for significant crypto-currencies, their wallet address, their wallet balance, and a section to send or receive crypto to other users. Put, with a few button presses and a minute of free time, anyone can participate in the ever-changing world of cryptocurrency trading.
Ease of use, simple design, and scalability are the focus points for NIMIQ. Their main development goal is to make accessing and trading crypto so easy that a grandmother could do it. But this solution can apply to more user types than the old and grey ones. NIMIQs philosophy focuses on how anyone, even small business owners, can access crypto to increase their potential sales. Whether you are a freelancer, small business owner, artist, or even a DJ, adding a new method to receive payment via crypto can only be considered a plus positive. For example, the local grocery store owner on your street notices the crypto trend and wants to offer more options for his customers. Using NIMIQs technology, the grocery store owner won’t need to sign-up for an intensive crash course on the foundation of blockchain technology. The grocery store owner also won’t need to memorize complex terms like decentralization, mining, air-gapping, cold wallet, or a distributed ledger system.
With NIMIQ, the store owner sets up an account in less than a minute. Using a QR code from the website or printed and hung up near the cash register, any crypto-carrying customer can buy their daily goods with the profits of their crypto trades. It is that simple. Artists on Instagram could set up a NIMIQ account and have their commissioned work paid via crypto-currency. This opens a whole new world for both vendor and purchaser, and it can all be completed in a few seconds.
“Don’t buy crypto, earn it” takes on a brand-new meaning. Instead of your average crypto user purchasing Bitcoin with fiat currency and then trading it, NIMIQ users can earn the crypto by conducting their regular business alongside more traditional currencies like cash or card. Whether you are fourteen, forty-one, or ninety-one, the NIMIQs platform offers a simple modern tool to widen access to potential new customers. The global landscape of currency exchange is changing rapidly. With NIMIQ, you won’t be left behind.
[1] Cryptocurrency adoption worldwide, https://triple-a.io/crypto-ownership/