Our company offers a merchant account for businesses who wish to accept bitcoin online from other customers . You want to let all crypto currency users be familiar with our services and what we could offer them.Our company offers a checkout solution made to accommodate Bitcoin where customers checkout in cryptocurrency, automatically convert received payments to USD or EUR and withdraw it for your checking account.
Bitcoin (BTC) is really a new form of digital currency-with cryptographic keys-that is decentralized with a network of computers utilized by users and miners around the world and is not controlled by way of a single organization or government. It’s the first digital cryptocurrency which has gained the public’s attention and is also accepted by a growing amount of merchants. Like other currencies, users will use digital currency to buy products and services online as well as in some physical stores that accept it as a type 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 need 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 dealing with a clearing house. Which means transaction fees less difficult lower.
Bitcoin is made by having a process called “Bitcoin mining”. Miners around the world use mining software and computers to fix complex bitcoin algorithms and approve Bitcoin transactions. They may be awarded with transaction fees and new Bitcoins produced by solving Bitcoin algorithms.
There is a limited volume of Bitcoins in circulation. Based on Blockchain, there have been about 12.1 million in circulation since Dec. 20, 2013. The actual to mine Bitcoins (solve algorithms) becomes harder as more Bitcoins are generated, and also the maximum amount in circulation is limited to 21 million. The limit will never be reached until approximately the entire year 2140. This will make Bitcoins worth more fat loss people use them.
A public ledger called ‘Blockchain’ records all Bitcoin transactions and shows each Bitcoin owner’s respective holdings. Now you may access the public ledger to verify transactions. This may cause the digital currency more transparent and predictable. More importantly, the transparency prevents fraud and double spending of the Bitcoins.
Digital currency can be acquired through Bitcoin mining or Bitcoin exchanges.
I believe that Bitcoin will gain in acceptance from your public because users can remain anonymous while buying products and services online, transactions fees tend to be under charge card payment networks; people ledger is offered by anyone, which can be used to stop fraud; the currency supply is limited to 21 million, and also the payment network is run by users and miners rather than central authority.
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