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Follow on Google News | eBooksChoice Is Now Accepting Bitcoin for All Products Purchased on Its E-Commerce StoreBy: eBooksChoice When it comes to accepting credit and debit card payments, a lot of small businesses often find themselves in a position where they have to set a card purchase minimum. This is because of the fees, which can range from two to five percent of the transaction total. On the other hand, one of Bitcoin's main advantage is the lack of any central intermediary, which dramatically reduces transaction fees. Over the past several years, cryptocurrency has emerged as the next evolution of currency, thanks to its convenience, cost-effectiveness, and decentralization. Designed as a means of transaction as peer-to-peer electronic cash, it matches the functionality of traditional fiat currency and goes beyond in efficiency, accessibility, and security. Bitcoin, the first cryptocurrency, was launched in 2009, and hundreds of other digital currencies have since followed. One of the main problems that any money transfer system, including standard bank cards, needs to solve is so-called 'double-spending.' Oftentimes, a transaction can be reversed with just a simple phone call. Bitcoin, thanks to its distributed public ledger called the Blockchain, offers protection from such fraudulent schemes. Once the transaction is confirmed, it is recorded in the Blockchain and after that it becomes irreversible and unchangeable. In this respect, accepting Bitcoin is pretty much like accepting cash. Bitcoin (https://ebookschoice.com/ As of today, eBooksChoice accepts the following cryptocurrencies: - Bitcoin (BTC) - Bitcoin Cash (BCH) - Dai (DAI) - Ethereum (ETH) - LiteCoin (LTC) - USD Coin (USDC) About: Ebooks Choice (https://ebookschoice.com/ End
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