Bitcoin has dominated the cryptocurrency market over the years because Bitcoin is the largest cryptocurrency by market cap, and the rest of the market tends to follow its trends. Many businesses now recognize Bitcoin as a legitimate form of payment. For example, Microsoft enables their customer to pay using bitcoin for the digital content such as games, Microsoft apps, Xbox Live and others.
According to a recent Hartford Steam Boiler survey, approximately 36% of small to medium-sized businesses in the United States now accept Bitcoin as payment for goods and services. FusionETA Malaysian businesses now accepts Bitcoin as a method of payment for our license and services.
Cryptocurrency (Bitcoin) can now be used to pay for Xero and Bitrix licenses. For example, a year's worth of Xero starter plan costs RM 1900, and you can pay with bitcoin at the current rate of BTC 0.10663. Same goes for Bitrix License, which costs RM 6000 per year and can be paid in bitcoin at the current rate of BTC 0.3355. The rate of bitcoin may vary depending on the current price of bitcoin.
Benefits of pay using Cryptocurrency / Bitcoin
No government interventions
There are no borders to consider because cryptocurrencies are not linked to any governments or regulatory agencies. You can avoid international transaction fees and exchange rates.
Make payment faster and secured
The intervention of third parties such as banks, notaries and advisors is no longer necessary and transactions can take place faster and cheaper. What’s also important to note is that Bitcoin isn’t a physical currency. For that reason, it’s impossible for thieves to pass off the holder.
High level of privacy
To be able to conduct transactions through a bank, you must provide extensive personal information. You do not have to provide any personal information to make a cryptocurrency payment, and the transactions are completely anonymous.
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