Approximately one-third of Americans utilize Amazon.com to purchase just about everything. The company holds approximately 90 million US-based Prime members along with the typical contributor spends about $1,000 per year on the website. The broad range of products at low costs has helped make Amazon among the most valuable businesses in the world. Except, its frequent shoppers want access to products on its own site, including medical marijuana, prescription medications, and even cryptocurrency.
Amazon along with Cryptocurrency
Investing.com conducted a polled analysis of 1,000 Amazon shoppers also found that 13% were"OK" with electronic currency being offered on the platform. The main use of the survey was to examine the trust clients had in the company and the order frequency.
When asked what sort of products they believed buying under the Amazon brand, cryptocurrencies arrived continue the study at 12.7%. However , there was support for this product. It remains unknown if individuals clicking desired to purchase digital monies on the platform or would trust a single Amazon-branded cryptocurrency.
This record was released only after Binance's CEO, Changpeng Zhao, talked about the e-commerce giant plus it eventually having to issue its own altcoin.
It remains unknown what a holdback is, as Amazon constantly tries to get in front of the curb on most tech items.
Zhao clarified :
"For any web (non-physical) centered company, I don't know why anybody would not accept crypto for payments. It's easier, faster and more economical to integration than conventional payment gateways. Less paperwork. And reaches diverse geography and demographic."
Jeff Bezos, Amazon's CEO, hasn't made a formal announcement about cryptocurrencies and his stance on them, but there's a enrolled domain name from Amazon called'amazonethereum.com'. With the present crypto bear market, it remains unknown how large digital currency is on the business's priority list. The e-commerce giant is presently focusing on self-driving delivery robots in Seattle suburbs.