Importance of Crypto Currency Management Tools for Traders

Posted by EVERUS on October 27th, 2017

Traders ought to be very keen on following the technology advancements. That will enable them to adopt any technology that will be beneficial to their business. Traders that ignore using any beneficial systems are likely to be phased out of business. It will be hard for their business to compete on a level ground with their competitors. That will result in its closure after making huge losses. This year, every trader should have thought about accepting the cryptocurrency payments.

The currency has received worldwide acceptance. In fact, some countries have legalized the use of the cryptocurrency. They allow their citizens to pay their bills using this currency. The best example is South Africa. Slowly, more individuals are opting to trade using the cryptocurrency. That is why the number of firms involved in delivering the best cryptocurrency exchange services is increasing. Merchants must ensure that all their clients find it easy to pay for their services. If the payment process is not suitable or effective, losing such clients is easy. That will cause the business to record huge losses. Listed are the advantages of the cryptocurrency management tools for dealers.

More customers

If a trader is targeting the global market, he must accept cryptocurrency payments. Most consumers worldwide will love transacting with cryptocurrency since it is universal. In every location, its value is still the same. Despite the number of transactions made via the cryptocurrency management tools for merchants, it still keeps all records. The merchant can easily trace if his/her number of customers is increasing. Ignoring cryptocurrency payments is like avoiding many clients.

Payment confirmation

The management tools help in improving service flow. Whenever people pay with cryptocurrency, the traders get instant payment confirmation on their mobile phones. That will eliminate the long payment queues. Thus, it is true that cryptocurrency management tool for traders can improve customer satisfaction. It can give them a better experience. This will result in customer loyalty. This is the reason why most consumers love paying via cryptocurrency.

Accounting tools

The management tools have accounting software. The tools are capable of keeping track of every transaction. This includes the date and the time every transaction was done. Its level of accuracy in monitoring and recording the transactions is high. The accounting tools are highly reliable.
Everus Technologies Sdn Bhd, a young blockchain fintech startup that took an alternate route to market without an Initial Coin Offering (ICO), is looking to accelerate mainstream adoption of cryptocurrencies by focusing on the development of cryptocurrency commerce (C-Commerce) and streamlining their merchant onboarding processes.

Everus, a Malaysian born company co-founded by Srinivas Oddati and Alexander Johnson conceptualized a mobile application called Everus World – an integrated, multi-vertical commercial and financial ecosystem that offers its users services such as remittance, payments, online shopping, location-based services, peer-to-peer microfinance and trading.