What are the benefits of using the Bitcoin exchange?
There are many benefits of using the exchange, the most important ones we have gathered in this article..
Decentralization and the speed of currency transfers
Bitcoin is independent from financial institutions such as banks. It uses a decentralized database that is immune to any manipulation. Transfers are being booked immediately, making the express transfers possible, without the need of third parties. With digital currencies exchanges like ours, we immediately connect buyers with sellers. In the case of fiat currencies (EUR, USD, PLN etc.) we are dependent on the time of posting funds in banks.
We hope that soon the payment of digital currencies in Poland will become a standard, as it happened in Japan.
Operation in 24/7 system
Bitcoin can be traded for 24 hours, 7 days a week. This is one of its major advantages, as it is a very dynamic currency. With the ability of instant exchange, the time barrier has no meaning, as the difference to traditional methods..
The deflationary nature of the digital currency
Bitcoin is suitable for long-term investment due to the deflation. Under deflation conditions for the same amount of coins we will be able to purchase more goods or services. In addition, more and more companies around the world offer the ability of paying the bill in digital currency.
Irreversibility of the transactions
Unlike bank transfers, Bitcoin transactions can not be undone. Therefore, when performing transfers and operations on funds, be very careful, but thanks to the fact that we check the transfer several times before we send, we gain:
- Immediate transfers to any place in the world
- Information openness thanks to Blockchain
- Currency resistant to debt
Anonymity of transfers
In order to transfer a digital currency we do not need to go through the verification process. It is only necessary to use fiat currencies. You can open the Bitcoin wallet in seconds, and the recipient's wallet address will be enough to make a transaction. However, keep in mind that every transaction is stored permanently and publicly on the network. This means that anyone can see the particular wallet's balance. But until we disclose our data ourselves, they are not publicly known. We also have the ability to generate a new, clean address at any time.
Investments in digital currencies
You can earn in various ways. The most popular and easiest way is to buy Bitcoin or other coins as a long-term investment, based on the variability of the value. Bitcoin was worth 1,200 PLN in 2014 and 3 years later it was worth over 20,000 PLN.
See more: How to invest in digital currency?
Payment card for your account
As with the classic currencies, you can also pay by Bitcoin for your purchases. The card for your account makes it easier. The card allows both stationary and online payments. Read more about it here.
The exchange allows you to join an affiliate program that let you to earn additional revenue. You will receive a commission from each user, who will register by yours referral link, which you can include on your site, blog or social profiles. The commision will be granted when the person registered from your link will perform the transaction on the exchange. Your commision will be dependent on those transactions. You can find more about it here.