“Japanese Amazon” Rakuten Could Boost Bitcoin’s Price – Rakuten’s Crypto Exchange Gets Ready To Go Live


Crypto mainstream adoption is getting closer and more movements in the crypto space are supporting this considerable goal.

Crypto experts have already said that 2019 will bring the cryptos closer to mainstream adoption.

Rakuten is also known as the Japanese Amazon. The huge online retailer which has been working in e-commerce, media, online banking services and more has been expanding rapidly.

It also seems that it has recently become interested in BTC and crypto.

Back in 2018, Rakuten’s reps have assumed that BTC payments are going to become more prevalent in e-commerce in the future.

UToday reported that Forbes believes that when Rakuten will start accepting BTC completely, this will trigger the next bull run and it will push the crypto market forward.

Rakuten’s exchange gets ready to go live

The crypto exchange that Rakuten is planning to launch will be called Rakuten Wallet.

At the moment the Japanese giant allows users to register on the platform via a Rakuten bank account or by having an ID number of a Rakuten customer.

The same online publication mentioned above says that the exchange is scheduled to launch this summer.

Another move that’s expected by the whole community and that could definitely bring the mass adoption of digital assets is Amazon to accept Bitcoin.

This would make the crypto community’s dream come true. Maybe Rakuten’s move will become a precedent and more retail giants including Amazon will follow the same path.

Bitcoin, a more viable option than PayPal, Visa, and Mastercard

During a recent interview, Shapeshift’s Erik Vorhees said that BTC is not like centralized digital money and instead, it’s free to use, accessible, borderless and also uncensorable.

He said that all these features make digital assets the perfect substitute to fiat. More than that, BTC has also started to be used as a store of value, an alternative to gold.

Coins Mentioned

BTC

Bitcoin

Icon
1xBit

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
Nitrogen Sports

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
7bitcasino

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
BitStarz

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
FortuneJack

Lorem Ipsum is simply dummy text of the printing and typesetting industry....

Exchanges
Icon
CEX.IO

Read Review - Website

Icon
Coinbase

Read Review - Website

Icon
Binance

Read Review - Website

Casinos
Icon
7bitcasino

Read Review - Website

Icon
BitStarz

Read Review - Website

Icon
FortuneJack

Read Review - Website

Sportsbook
Icon
1xBit

Read Review - Website

Icon
Nitrogen Sports

Read Review - Website

Icon
SportBet.io

Read Review - Website

Trending news

Binance

Trending news

Top Exchanges
Icon
CEX.IO

4.00

Read Review - Website

Icon
Coinbase

4.48

Read Review - Website

Icon
Binance

4.50

Read Review - Website

Top Casinos
Icon
7bitcasino

4.20

Read Review - Website

Icon
BitStarz

4.93

Read Review - Website

Icon
FortuneJack

4.55

Read Review - Website

Top Sportsbook
Icon
1xBit

4.03

Read Review - Website

Icon
Nitrogen Sports

4.73

Read Review - Website

Icon
SportBet.io

4.60

Read Review - Website

Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

1636 Articles
7255 Followers