Our company offers a merchant account for companies who would like to accept bitcoin online from their customers . We should let all crypto currency users know about our services and what we could offer them.We provide a checkout solution made to accommodate Bitcoin where customers checkout in cryptocurrency, automatically convert received payments to USD or EUR and withdraw it in your bank-account.
Bitcoin (BTC) is really a new type of digital currency-with cryptographic keys-that is decentralized to a network of computers utilized by users and miners all over the world and is not controlled by a single organization or government. Oahu is the first digital cryptocurrency that has gained the public’s attention which is accepted by way of a growing number of merchants. Like other currencies, users may use the digital currency to purchase products or services online along with some physical stores that accept it as a form of payment. Currency traders could also trade Bitcoins in Bitcoin exchanges.
There are numerous major differences between Bitcoin and traditional currencies (e.g. U.S. dollar):
Bitcoin doesn’t have a centralized authority or clearing house (e.g. government, central bank, MasterCard or Visa network). The peer-to-peer payment network is managed by users and miners around the globe. The currency is anonymously transferred directly between users on the web without experiencing a clearing house. Which means that transaction fees tend to be lower.
Bitcoin is created by having a process called “Bitcoin mining”. Miners around the world use mining software and computers to fix complex bitcoin algorithms also to approve Bitcoin transactions. They may be awarded with transaction fees and new Bitcoins produced by solving Bitcoin algorithms.
There’s a limited volume of Bitcoins in circulation. In accordance with Blockchain, there have been about 12.1 million in circulation by Dec. 20, 2013. The difficulty to mine Bitcoins (solve algorithms) becomes harder fat loss Bitcoins are generated, as well as the maximum amount in circulation is capped at 21 million. The limit will not be reached until approximately the year 2140. This will make Bitcoins more significant weight loss people rely on them.
A public ledger called ‘Blockchain’ records all Bitcoin transactions and shows each Bitcoin owner’s respective holdings. You can now access the public ledger to ensure transactions. This makes digital currency more transparent and predictable. Most importantly, the transparency prevents fraud and double spending the exact same Bitcoins.
A digital currency can be found through Bitcoin mining or Bitcoin exchanges.
I believe that Bitcoin will gain more acceptance from your public because users usually stays anonymous while buying products and services online, transactions fees tend to be under bank card payment networks; the public ledger is available by anyone, that you can use to prevent fraud; the currency supply is limited to 21 million, as well as the payment network is operated by users and miners as opposed to a central authority.
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