We provide merchant accounts for businesses who want to accept bitcoin on their website off their customers . You want to let all crypto currency users know about our services and just what we could offer them.We offer a checkout solution meant to accommodate Bitcoin where customers checkout in cryptocurrency, automatically convert received payments to USD or EUR and withdraw it for your bank-account.
Bitcoin (BTC) is a new kind of digital currency-with cryptographic keys-that is decentralized into a network of computers employed by users and miners worldwide and is not controlled by the single organization or government. It’s the first digital cryptocurrency which has gained the public’s attention and is also accepted by way of a growing quantity of merchants. Like other currencies, users are able to use the digital currency to buy products and services online plus some physical stores that accept it as a sort of payment. Currency traders also can trade Bitcoins in Bitcoin exchanges.
There are several major differences between Bitcoin and traditional currencies (e.g. U.S. dollar):
Bitcoin does not 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 going through a clearing house. Which means that transaction fees tend to be lower.
Bitcoin is produced by way of a process called “Bitcoin mining”. Miners around the world use mining software and computers to resolve complex bitcoin algorithms and approve Bitcoin transactions. These are given transaction fees and new Bitcoins produced by solving Bitcoin algorithms.
There’s a limited volume of Bitcoins in circulation. Based on Blockchain, there were about 12.A million in circulation since Dec. 20, 2013. The difficulty to mine Bitcoins (solve algorithms) becomes harder fat loss Bitcoins are generated, along with the maximum amount in circulation is limited to 21 million. The limit are not reached until approximately the year 2140. This may cause Bitcoins more valuable as more people make use of them.
A public ledger called ‘Blockchain’ records all Bitcoin transactions and shows each Bitcoin owner’s respective holdings. Everyone can connect to the public ledger to make sure that transactions. This will make digital currency more transparent and predictable. Moreover, the transparency prevents fraud and double spending the exact same Bitcoins.
A digital currency can be acquired through Bitcoin mining or Bitcoin exchanges.
I believe that Bitcoin will gain in acceptance from your public because users usually stays anonymous while buying products and services online, transactions fees are much less than plastic card payment networks; the general public ledger is accessible by anyone, that you can use in order to avoid fraud; the currency supply is capped at 21 million, and the payment network is operated by users and miners as opposed to a central authority.
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