bitcoin english

Globally usedAccept payments from customers from anywhere in the world.Receive euro'sMerchants receive corresponding amount in euro's.No wallet requiredNo Bitcoin wallet required to accept payments in bitcoins.Low costOnly pay per successful transaction.No hidden costs, ever.What is Bitcoin?Bitcoin is a cryptocurrency, money which only exists digitally, created specifically to be irretrievable when transferred.Transactions are verified and recorded through a process called ‘mining’, which also creates new bitcoins, without the need for a bank or governing body.Bitcoins are traded on marketplaces for other currencies and can also be used to purchase items, in which case, the bitcoins are transferred from a personal wallet to a receiving Bitcoin address.When you use Mollie to allow customers to pay with bitcoins, we ensure that you’re paid out in the corresponding amount in euro.Because Bitcoin was developed specifically for irreversible, online transactions, it’s a great payment method for online retailers.

Bitcoin is mostly used in online tech stores, but it’s also being implemented and used in food delivery services, clothing stores and tourist accommodations like bed and breakfasts.How does Bitcoin work?Mollie made accepting payments through Bitcoin easy.When you use Mollie to receive Bitcoin payments, you don’t need a Bitcoin wallet.Neither is technical knowledge or any affiliation with Bitcoin required, because we take care of exchanging the transferred bitcoins into euro’s and make sure we pay out the corresponding amount in euro’s to the merchant.When a customer chooses to pay with bitcoins we determine the exchange rate at that exact moment.Through our connection with several partners, we can ensure a favourable rate, which we hold for 15 minutes.If customers take longer than that to carry out the payment, a new exchange rate is determined.Once the payment is authorised it is irreversible and guaranteed.Even if the value of a bitcoin should go down, the merchant will always receive the full amount, so there’s no risk involved.

Benefits of accepting Bitcoin through Mollie Accepting Bitcoin through Mollie allows you to offer all major payment methods through a single integration.
bitcoin esquema ponziOur clever yet simple API makes the integration incredibly robust and built for volume.
e gold vs bitcoinOur API and Dashboard allow for direct refunds and can export all your data to several different formats for your bookkeeper.
bitcoin feb 2014Our pricing is very competitive, with no hidden fees at all.And there’s no Bitcoin wallet required to accept bitcoins through Mollie, we take care of all conversions and always pay out the corresponding amount in euro’s.Implementing the Bitcoin payment method through Mollie is easy, there’s no lengthy signup process and we have free, open-source packages and plugins available for most coding languages and e-commerce platforms, which allows for easy integration into any project.

Our prices are transparent; you only pay a low fee for successful transactions.And your personal dashboard gives you crucial insights into all your transactions and statistics.Mollie is the quickest and easiest way to implement Bitcoin.Bitcoin - Digital Money on the Internet Bitcoin is an internet currency that was started in 2009 by a Japanese software developer.In contrast to normal money, which is distributed and controlled by government, there is no central organization behind Bitcoin.You can send and receive Bitcoin money without giving your name or address and without paying fees to a bank.Bitcoins are not physical.However, they can be bought at exchanges all across the Internet, where you can trade them for normal money.Bitcoins are created by a process called mining.They can be produced by anyone around the world.People compete to solve puzzles using mathematical software.If they succeed they get a certain number of bitcoins as a reward.Customers can save their bitcoins in an internet wallet, a kind of software that manages your virtual money.

From there you can buy products from merchants who accept bitcoins.You can also sell items and get bitcoins in return.Only your special ID is transferred across the Internet, never your real identity.Bitcoin is a way of sending and receiving money anonymously.Not all governments are happy about this new internet currency.Some see it as a way of transferring money, for example from drugs or other illegal activities, from one place to another.The value of bitcoins is determined by their popularity in the world and how they are trusted.If many businesses accept the currency and more and more people use it to make transactions, its value goes up.Recent scandals around Bitcoin exchanges, however, has made the value of the digital currency go down.Towards the end of 2013 the value of the world's bitcoins was about $1.5 billion.Many economic experts see Bitcoin as the currency of the future.However, it is not ready for mass use.The network may suffer from hacking attacks and the value of the money is not very stable.

Bitcoin is also seen as a playground for money speculators.One of the many bitcoin logos on the Internet - https://en.bitcoin.it/wiki/Promotional_graphics Related Topics Is Craig Wright the Bitcoin Founder?Money The Internet Hong Kong's Octopus Card Sweden On Its Way To A Cashless Society Words anonymous = unknown; without giving your real name compete = to try to be better than others and win against them currency = the money that a country uses developer = person who creates things distribute = hand out exchange = place where you can buy and sell things fee = money you have to pay for a service you get illegal = against the law in contrast to = as opposed to mass use = for everyone to use merchant = person who buys and sells things process = action reward = prize, in the form of money towards = near trust = to believe in something value = what something is worth virtual = not real wallet= place where you keep banknotes and coins when you go shopping Home Art and Architecture Biology Culture and Traditions Current Affairs Economy Education Entertainment Environment Geography Government and Politics Health and Medicine History Hobbies Literature Mathematics Media Music People Places Religion Science Society Sports Technology Tourism Travel Art Business and Economy Education Entertainment Environment Health and Medicine History Living People Religion Science Sports Technology Travel and Places World World Business and Economy Environment Health and Medicine People and Celebrities Sport Travel