#CryptoIntegration 🔹 What is Crypto Integration?
Crypto Integration is the process of incorporating blockchain and cryptocurrency-related features into a system, platform, service, or product.
🔹 Common forms of integration
1. Payments with crypto
• E-commerce websites accepting BTC, ETH, USDT…
• Sales applications integrating crypto wallets.
• Example: Shopify integrates Coinbase Commerce.
2. E-wallets & payment gateways
• Integrating decentralized wallets (Metamask, TrustWallet).
• Connecting to crypto payment gateways to convert to fiat currency.
3. Integrating Blockchain into applications
• GameFi/NFT: players own items on the blockchain.
• Financial applications (DeFi): integrating staking, lending, swap.
4. Businesses & banks
• Cross-border transfers using stablecoins.
• Using blockchain to track the supply chain.
🔹 Benefits of Crypto Integration
• Fast global transactions with low fees.
• Transparency, no dependence on intermediaries.
• Increased payment options for customers.
• Access to an increasingly large crypto community.
🔹 Challenges
• Price volatility of coins.
• Legal issues (different regulations in each country).
• Security & anti-money laundering.