We live in a digital world. It is possible to launch a video call with a friend on the other side of the world from Europe in a few seconds. But how do you send € 100 to the same person in the same amount of time? With btc to usd , it is possible to send money to recipients worldwide, all within minutes.
Bitcoin is extra confidential than obtainable payment systems
While opening a bank account needs providing private and personal information, a Bitcoin wallet can be shaped by anybody without giving responsive individual details. It is, therefore, likely to drive cash to a person without knowing their name or location.
Bitcoin is great for traders
It may seem easy to make a purchase with a credit card, but in reality, card transactions are much more complex. For the merchant, payment can take more than 60 days to be confirmed by a processor such as Visa or Mastercard. This means that a trader may not be able to spend the income from your purchase for 2-3 months. Not to talk about the danger of fraud and chargeback.
Bitcoin works more like cash. Payments are irreversible, so merchants btc to usd can accept payments with confidence and don’t have to worry about fraud or chargebacks.
Because a bitcoin wallet is all it takes to receive money, any merchant with a phone or computer can accept these payments for free. There is no need to register with a payment provider like PayPal or bank transfer, and 100% of the payment amount ends up in the merchant’s pockets.