0xprocessing announced the addition of three new blockchain networks to their platform. Bitcoin Cash, Polygon, and Arbitrum ONE have been integrated into 0xprocessing's list of supported networks, offering users a wider range of options. This update brings the total number of supported blockchains to 13, including popular networks such as Bitcoin, Ethereum, and Litecoin.
With this latest update, merchants using 0xprocessing can now accept payment for goods and services through more than 50 tokens. According to 0xprocessing's team, this expanded range of options enhances flexibility for businesses in the crypto ecosystem. As 0xprocessing continues to broaden access to the world of cryptocurrencies, they aim to support new projects and unlock the next era of financial and personal freedom.
Bitcoin Cash, known as a peer-to-peer electronic cash system, offers lower transaction fees than those of Bitcoin, with an average cost ranging from $0.20 to $0.25 per transaction. This addition allows users to utilize Bitcoin Cash as a cryptocurrency for accepting payments.
Polygon, previously known as Matic Network, is a Layer 2 scaling solution backed by industry giants Binance and Coinbase. Polygon boasts a capacity of up to 65,000 transactions per second on a single side chain, with a block confirmation time of under two seconds. Tokens such as MATIC, USDT (POLYGON), USDC (POLYGON), DAI (POLYGON), WETH (POLYGON), and BUSD (POLYGON) are now available on the platform.
Furthermore, 0xprocessing introduced support for Arbitrum ONE, an Ethereum layer-two (L2) scaling solution. Arbitrum utilizes optimistic rollups to enhance speed, scalability, and cost-efficiency on the Ethereum network. This integration provides users with higher throughput and lower fees compared to Ethereum, achieved by offloading a significant portion of computation and storage load off-chain. Notable tokens available on Arbitrum ONE through 0xprocessing include ETH (ARB1), USDT (ARB1), DAI (ARB1), USDC (ARB1), and WBTC (ARB1).
0xprocessing is a leading platform that facilitates seamless transactions and payment processing in the cryptocurrency realm. By constantly expanding their list of supported networks and tokens, they strive to empower users and merchants with greater accessibility and flexibility in the evolving crypto landscape.