Cryptocurrencies are getting popular fast. Dastrucks wants to be the first truck parts supplier to accept cryptocurrencies for settling payments from our clients. People want truck parts all over the world and different currencies often become a headache for some.
The main reason is speed. Cryptocurrency payments are settled within seconds. If you use a network like XLM, Solana or Ethereum, the payment is sent within 2-3 seconds. Compared that to a bank, that takes minimum a day to settle, this is revolutionary. Even the slowest crypto, bitcoin settles the payment in less than an hour.
Second reason is cost. Bank eat commissions for breakfast. They want a flat $40 fee even if the order is small. But cryptos do not differentiate. Flat fee of 1 or 2 cents is applied – does not matter how big or small is the order.
$NANO is now supported on Das Trucks. Buy spare parts for your truck or trailer using NANO!
— DAS TRUCKS (@DasTrucks) July 3, 2019
Nano is faster than bitcoin and takes only a second to arrive. @nano @nanillionaire #TRUCKPARTS #equipment #automobile #bitcoin #cryptocurrency pic.twitter.com/sablroEs40
This is it is additional payment method that is significantly different from banking and credit cards that we also accept. There is no bank involved in this so the countries where the banks are far from the warehouses, they can do the payments from the comfort of their couch. Not to mention, the crypto network does not nags you with questions like “why are you sending the money?” or other silly questions.