bitcoin trading
The bitcoin is the most famous, the most controversial and the most
used of digital currencies. But it is also a reliable means of transfer
and purchase, which is also very inexpensive (compared to the charges
levied by the main credit card organizations).
We lend it a lot, sometimes even maybe a little too much. Thus, on the
eve of the Scottish independence referendum, the American site
Quartz.com wondered whether the bitcoin could or might not be the future
motto of a new country whose capital would be Edinburgh..
The bitcoing trading is developing with high speed and the Bitcoins
payments are now accepted by 60,000 merchants worldwide. Merchants who
are most often bitcoin trading but also traders who operate in the ’real
world’.’Today, for a company, accepting payments in bitcoins does not
involve any risk’. In practice, to be able to accept bitcoins, a
physical trade must have a small application that acts as a payment
terminal.
When the customer wants to buy an item or just order a coffee, the
merchant enters the price of the transaction into its application. The
small program generates a QR Code corresponding to the number of
bitcoins to be debited. In order to pay and confirm the transaction, the
customer only has to scan the QR Code on a mobile application which is
none other than his electronic purse.
The customer is automatically debited. For its part, the merchant can
either feed his account in bitcoins, or decide to automatically convert
these new bitcoins into euros. If it chooses to keep its bitcoins as
such, the trader takes the risk of volatility, the bitcoin course being
still very fluctuating today. On the other hand, if he opts for
automatic conversion to his bank account, this risk is zero. 10165
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