We provide merchant services for businesses who would like to accept bitcoin on their site from their customers . You want to let all crypto currency users learn about our services and what we can offer them.We offer a checkout solution built to accommodate Bitcoin where customers checkout in cryptocurrency, automatically convert received payments to USD or EUR and withdraw it to your checking account.
Bitcoin (BTC) is a new kind of digital currency-with cryptographic keys-that is decentralized to some network of computers used by users and miners around the world and is not controlled by way of a single organization or government. It is the first digital cryptocurrency that has gained the public’s attention and is also accepted with a growing quantity of merchants. Like other currencies, users can use a digital currency to get products or services online plus some physical stores that accept it a sort of payment. Currency traders can also trade Bitcoins in Bitcoin exchanges.
There are many 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 internet without going through a clearing house. This means that transaction fees less difficult lower.
Bitcoin is produced via a process called “Bitcoin mining”. Miners all over the world use mining software and computers to solve complex bitcoin algorithms and approve Bitcoin transactions. They are given transaction fees and new Bitcoins generated from solving Bitcoin algorithms.
There is a limited quantity of Bitcoins in circulation. In accordance with Blockchain, there are about 12.One million in circulation at the time of Dec. 20, 2013. The problem to mine Bitcoins (solve algorithms) becomes harder as increasing numbers of Bitcoins are generated, and the maximum amount in circulation is capped at 21 million. The limit won’t be reached until approximately the entire year 2140. As a result Bitcoins worth more fat loss people utilize them.
An open ledger called ‘Blockchain’ records all Bitcoin transactions and shows each Bitcoin owner’s respective holdings. Everyone can get 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 the exact same Bitcoins.
The digital currency can be acquired through Bitcoin mining or Bitcoin exchanges.
I have faith that Bitcoin will gain more acceptance from the public because users usually stays anonymous while buying products and services online, transactions fees less difficult lower than bank card payment networks; the general public ledger is accessible by anyone, which can be used to stop fraud; the currency supply is capped at 21 million, along with the payment network is run by users and miners rather than central authority.
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