Bitcoin on mobile phones allows you to pay with two simple steps: first scan, then pay. No need to sign up, swipe your card, type a PIN, or sign. All you need to do to receive Bitcoin payments is to display the QR code in your Bitcoin wallet app and let your clients scan your smartphone or use the built NFC radio technology.
Bitcoin transactions are highly secured. Nobody can charge you money or make a payment on your behalf. So long as you take the required steps to protect your wallet, Bitcoin can give you control over your cash and strong protection against many types of fraud.
Bitcoin is universal. You don’t need specific software or clients—only Bitcoin wallet addresses. Add to your favorites and send Bitcoin with one click. Bitcoin is always up – 24 hours, 365 days a year. Of course, the internet must be on…
Sending bitcoins across continents is as easy as sending them across the street. There are no banks in our way to make you wait 2-3 business days, no extra fees for making an international transfer, and no particular limitations on the minimum or maximum amount you can send.
Receiving Bitcoin is free! Most wallets have low default fees, and higher fees can encourage faster confirmation of your transactions. Fees are unrelated to the amount transferred, so it’s possible to send 1000 bitcoins for the same fee it costs to send one bitcoin.
With Bitcoin, there is no credit card number that some malicious actor can collect in order to impersonate you. In fact, it is even possible to send a payment without revealing your identity, almost like with physical money. However, you should note that some effort can be required to protect your privacy.
This article was first published on Jul 13, 2016