- Type :Electronic Money
- Official website: bitcoin.org
- Available currencies: Bitcoin
- Withdrawal capacity: 0.001 mBTC
- Commission: 0
- Time of enrollment: 10 minutes
Bitcoin payment system has been operating for quite a long time - the service was founded in 2009. Conducting financial transactions does not involve intermediaries, which guarantees additional protection of transfers and payments.
The electronic payment system Bitcoin involves the use of digital currencies, better known as cryptocurrencies. Such payment methods have become particularly popular in online stores, as well as point-of-sale locations where bitcoins are used.
To make it more convenient to use the Bitcoin payment system, it is recommended to install the Bitcoin Core mobile application. This is a client application that allows you to conduct financial transactions without the involvement of third parties.
The Bitcoin electronic currency has a constantly fluctuating exchange rate, which allows it to be compared with traditional global currencies. Exchange rate fluctuations depend on consumer demand for this type of currency. This makes Bitcoin a universal global currency.
The Bitcoin payment system guarantees the safety and security of payments - fraudsters have no chance to create counterfeit currency units.
Transactions are completely transparent because they are in the Bitcoin database all the time - they cannot be changed, tampered with or deleted.