Ten reasons to add a new payment method to your site - Bitcoin

Since 2017, many crypto currencies have appeared, and the growing price of such tokens as Bitcoin and Ethereum has forced some financial analysts to view this phenomenon as a kind of gold rush of the 21st century.

At the same time, some of the most interesting things about crypto currency are not related to investing in them. An increasing number of enterprises are considering accepting certain crypto-currencies as a way of paying for goods and services.

The leader among the contenders for the most popular token is, of course, Bitcoin. Therefore it is not surprising that he is the main topic of this conversation.

1. You will look progressive
   Buyers want to know that the companies from whom they purchase goods or services do their best to keep up with the times. Nothing will show progressive thinking the way your company wants to accept a crypto currency.

2. You receive extremely secure transactions
   Bitcoin is based on Blokchan's technology, which makes it impossible to falsify reports on bitcoin transactions, which protects the company from fraud. Buyers also benefit, so do not forget to start advertising with how safe your e-commerce site is now.

3. The client base will be replenished by representatives of the younger generation
   Most Bitcoin users are European men between the ages of 25 and 34. If your brand had difficulty contacting a younger audience, adopting Bitcoin could be the solution to this problem.

4. You will expand your network
   Some companies plan to work only with enterprises that accept Bitcoin. Basically, the more opportunities to buy from you you create for people, the more customers will be.

5. You will reduce commission fees
   The bitcoin-transaction costs the average buyer less than the use of a credit or debit card. While large trading companies can negotiate with credit card companies to reduce these fees, small businesses can not. As a result, they join the ranks of Bitcoin enthusiasts.

6. All sales are always completed.
   Because Bitcoin is encrypted and transactions are anonymous, there is no way to undo them. Imagine that you will never have to deal with an abominable customer who returns an excellent product to you!

7. You will accelerate the execution of transactions
   Another advantage for traders who accept Bitcoin is the speed at which they receive their funds. Currently, most payments made with a credit card can be held for longer than a week.

8. International payments are simplified
   International transactions can lead to the fact that for some entrepreneurs the costs of doing business in other countries will be prohibitive. Cross-border transfers of bitcoins are much cheaper, which helps companies that enter new markets.

9. You can refresh the memory of former customers, giving them a reason to talk about you again
   Sometimes it is difficult to come up with a reason to turn again to the past customers who once bought from you. The news that you are now accepting Bitcoin on your website is certainly a sufficient reason for sending out emails that entice customers back.

10. It's just easy
    You do not need to be an expert in crypto-currencies to accept them on your website. There are many services that can help you, for example, Coinbase or BitPay. But before diving into the crypto-currencies with a head, make sure that you like their concept. Do your own research, study the terminology.

Bitcoin is one of the most exciting phenomena in the history of finance. It's no wonder that so many people want to start using it on a regular basis. Make sure that you are ready to join them and start taking Bitcoin as a payment method before your competitors do.