Bitcoin: A digital Currency wallet for Online Transactions without 3rd Party

A digital currency wallet for online transactions with no 3 rd party Look around your world! Everything is moving digitally. Anyone can earn online, admissions and submissions are possible through online sites, you can study online and even you can do transactions online. It means, the internet and the computer have made the world’s matter handy for a man.

Old banking method – What were the flaws?

“Money” is a worth whose price values very much for everyone. People even don’t want to lose a pie out of their money. The old method of money transaction & transference was bank. It was the time when a person must have to visit the bank for sake of transacting out the money and cashes. And even the presence of account owner and its signature was must. It means, the old banking method was somehow hectic. For doing even little transactions, the person had to bear the hectic of traveling towards bank and to wait for the turn and to spend enough time behind a single transaction.

Bitcoin –A digital currency for online transactions without 3 rd party:

Bitcoin is a digital currency. And one can use this digital currency for online transactions. Bitcoin does not involve any third party like “central bank” for making transactions. Very amazingly, Bitcoin uses virtual encryption systems. Such security systems accomplish every transaction under 100% securities and without any refuge issues. So, the service of Bitcoin can be used for online transactions between the individuals or between the companies.

Bitcoin – An introductory phase:

If you are new at online transactions and you know nothing special about the Bitcoin then here are some major details about the Bitcoin and its services.

Creation of Bitcoin:

You can call Bitcoin as a newbie currency which was created in the year of 2009. The real creator of Bitcoin is unknown. What so ever, Bitcoin is a digital currency method with which one can complete the transaction of money without involvement of any of the middle man like bank.

What are the benefits?

The Bitcoin is giving many of the good benefits for its users. It has no fee charges and it does everything under the encryption. The person does not have to show his name and identity. It keeps information of the user under high encryption system. So, the user can uses the Bitcoin for transaction bluntly. These are some of the reasons because of which Bitcoin is becoming one of the most popular methods of online transaction. Most of the merchants owe this method and are using it as a central mean of their transactions.

Why to like Bitcoin? – A free network for national and international transactions:

You know Bitcoin is working like a networking which has a great spread all over the world. It is connecting one merchandise with the other and then to the other. It means, Bitcoin is giving a real connectivity of transactions among the worldwide companies. The reason why people like it are:

It is free of cost and it lets you to make online transactions globally.

You can make your business international by doing transactions with the people all around the world.

Break the global limitations:

There are global limitations which are creating stops for expanding your businesses internationally. Many of the companies avoid out of state hiring because of payment issues. They fear about the payment method’s encryption issues and they really don’t want to make delays in the payment systems.

Bitcoin has brought an ease for the businessmen. Through Bitcoin, you can break the global limitations and can hire the proficient employees all over the world. It demands no credit fee and that is why it is loved by the most of the businessmen.

How to get Bitcoin?

Everything is now easier for you. You can pick the Bitcoin from the Bitcoin exchangers. There are so many open ways which can let you to buy the Bitcoin. There are exchangers which can make your deal done with the Bitcoin. One of the greatest exchanger of Bitcoin is the Mt. Gox. Once you get the Bitcoin exchange commitment, you can make your all deals done without any issue and hurdle. Bitcoin makes you a member and take no extra fee cost from you.

Is it shareable?

With great fortune, Bitcoin is also shareable. You can send the Bitcoin to your partners, friends and loved ones with the help of apps, android cells, through PC and through your web accounts as well.

Make transferring done 24/7 hour services:

Bitcoin is giving an ease of fund’s transference. You can share your money with your partner without giving any real information of you. Moreover, the Bitcoin services are the online services which remain active full time. You can make transactions all the time of day and night as it is 24/7 hour service.

You can send your cash with your handsets as well. You do not have to turn on your computer and to follow the in depth procedure. You can do the transactions through your phone set with the use of internet.

How to get it?

Bitcoin is easy to get. You do not have to search and to cater for the hard hurdles. You can get it in a very handy way. Bitcoin is most probably available on the clouds or on your PC computer. You can do everything with your Bitcoin as whatever you are doing with your bank account. You can make transference of shares, you can save money in it, and you can send and receive money and so on.

The difference between the Bitcoin and the local bank is, most of the local banks are registered and ensured with the FDIC, whereas the Bitcoin is not insured by the 

FDIC. Otherwise, it is like a digital wallet and you can accomplish any sort of accounting matters with it.

Hide up your identity while making a deal:

You can call Bitcoin as one of the virtual personal network of you. It makes the deal under the encryption system. While making a purchase, it keeps your bio save and under curtain. It only shows the ID number of your account while keeping all other information saved. That is the reason people prefer it for making the hidden deals.

Become richer:

With amusing datum, one can become rich by the use of Bitcoin. It is like a second hand helper for you which can make sending-receiving money easier for you. Without any doubt, Bitcoin can give you a chance to become richer than before. The reason is, Bitcoin is a digital wallet that let you to save money, to gather money and to conjoin money by working at various parts of the world.

Let us have a look over the various dynamics which can prove the money making quality of Bitcoin:

Get paid faster:

Bitcoin let you to get paid faster. It is a paly of minutes. No matter in which part of globe you are present. You can send money in less than two minutes and receiver can get paid in less than two minutes. You can activate the online alerts and you can get a mail or message through which you can assure that the transaction has been done.

Lower down the transaction fee:

Bitcoin is offering lower and even no transference fee on both ends. Neither the sender nor the receiver has to pay heavy percent of money as a fee of transaction.

Make clients over the seas:

We call Bitcoin as a money maker. IT is a tool that can let us to expand our business internationally. With the bliss of Bitcoin, we can hire up the client all over the world with no wear of payment issues. This is how; Bitcoin can allow us to make money tremendously.

So, we can call Bitcoin as a money maker. We can use it for making our transactions easy. It is a tool that can be used to make payments faster. Bitcoin can help us to expand our business from national to international level. So, pick Bitcoin and make your business a global business.