Is Bitcoin really used?
Yes. More and more companies and people use Bitcoin. This applies to traditional businesses such as restaurants, hotels, law firms, and popular, it is growing rapidly. At the end of August 2013, the value of all bitcoins btc to inr in circulation exceeded USD 1.5 billion, while the value of bitcoins exchanged daily reaches millions of dollars.
How difficult is it to make Bitcoin payments?
Bitcoin payments are simpler than purchases using a credit or debit card and can be received without a trading account. Payments are made from the wallet application on your computer or smartphone by entering the recipient’s address, payment amount, btc to inr and pressing ‘send’. Make entering the recipient’s address easier, many wallets can read it by scanning the QR code or touching two phones using NFC technology.
What are the advantages of Bitcoin?
Freedom to pay – it is possible to send funds immediately and to any place in the world. No days off. Without Borders. No imposed limits. Bitcoin allows its users total control over their own money.
Very low fees –
Bitcoin payments are currently processed for free or at extremely low fees. Users can attach fees to transactions for priority processing, which results in faster transaction confirmation over the network. In addition, there are also commercial processors to help buyers process transactions by exchanging bitcoins for fiduciary currency on a daily basis and depositing funds directly into merchant’s bank accounts. As these services are based on Bitcoin, they can be offered at significantly lower fees than in the case of PayPal or credit card networks.