By Fernanda Mathias
Every day people become more interested in cryptocurrencies, Bitcoin especially. A recent report shows that in January this year Google searches for Bitcoin reached their highest level since December 2017, when the coin reached its initial peak price.
By now, you may know what cryptocurrency is and the advantages of using Bitcoin; however, it is essential to learn how to make the best use of it to increase profit on your business and become more relevant in the market.
There are many good opportunities to use Bitcoin. As a merchant, your business must be ready for the rapid changes of the payment world by providing alternative and secure payment options. Here are some of the best uses of Bitcoin in 2021.
Money transfers using Bitcoin can be done easily now. They are faster and cheaper than the traditional model in addition to being more secure and flexible. It also offers you complete control of the transaction—and since financial institutions do not regulate Bitcoin, you are not restricted by banking hours, workdays or a limited amount of money you can transfer.
Day-to-Day purchases: accept Bitcoin as a payment method
Bitcoin is more popular than ever, with more companies and e-commerce platforms accepting cryptocurrencies as a payment method. Using Bitcoin as a payment method for day-to-day purchases or digital purchases is one of the most common uses of the coin, especially for the average user.
As a merchant, you can offer Bitcoin as a payment method and expand your business by offering a crypto payment solution with an experienced and reliable company such as iPayTotal.
Buy other cryptocurrencies
The payment environment changes fast thanks to technological advances, and cryptocurrencies grow in their popularity by the hour. Despite Bitcoin being the most popular coin, you can explore new cryptocurrencies and buy them using Bitcoin. It is a fast, simple and safe operation.
How to start accepting Bitcoin
Bitcoin is a beneficial payment method to add to your business. The best part of using digital currencies are the low fees and the minimal possibility of chargebacks. iPayTotal is a leader when it comes to Bitcoin payment processing. We have earned this reputation by providing the best options for Bitcoin merchants at competitive rates.
At iPayTotal, we provide high-quality services at fair rates for high-risk businesses. We are launching a new platform that offers merchants a broader support system and many other benefits. – To find out more about this new crypto-exchange platform, contact iPayTotal today to take advantage of this advanced service for your merchants.
Contact us at iPayTotal to find out more about adding Bitcoin as a payment method to your business.