Bitcoin as a currency has been receiving a lot of attention in the media lately but is still not widely used for everyday purchases. The main issue is that most retailers do not have the necessary technology to process Bitcoin currency.
Luckily there are alternatives like ApplePay, Android Pay and Samsung Pay. And since major retailers like Walmart, Macy’s and Whole Foods accepts these as payment methods, it might not be long until Bitcoin gets used more in mainstream shopping.
Acquiring & Storing Crypto:
There are many different methods to acquire and store cryptocurrencies. For example, we have custodial service providers like Poloniex, Coinbase and Exodus. These companies handle the user account and handle private keys for the customers and help them swap currencies as well.
Alternatively, users can self-manage a wallet on their machine – for Mac or PC. For example paper wallets are a thing of physical wallets made from pieces of paper with information about cryptocurrency private key printed on it.
Next we have software-based wallets that run on top of an operating system like net note (web browser) or mobile phone wallet finder apps such as Spectrocoin.
We recommend choosing an open, widely used wallet service so you are sure to be in safe hands.
Limitation-Free Crypto Payments:
Having access to banking services has historically been difficult for people in developing countries. With the rise of cryptocurrencies and blockchain technology, banking becomes easier and more practical.
Different projects are popping up to make the cryptocurrency market a fully functional global financial ecosystem. Projects like UNICOIN are addressing needs that have nothing do with speculation but have everything do with humans being included in these new digital economies.
Projects like Blockchain World Land address the need for smart contract enabled scarcity of physical land properties in developing countries.
Many major players from Facebook and Amazon to Virgin Galactic and Reddit are backing projects that use cryptocurrencies as a medium of exchange or payment.
Limitation-Free Crypto Payments enable you to buy anything you want, anywhere in the world, with any amount of Ethereum you want.