Menu

What is digital currency example?

31 Mar 2022 By PAYCEC

Bitcoin is a typical digital currency example. Bitcoin is a digital currency that may be accepted by anyone, anywhere in the world, so you're not barring those who don't have credit cards or PayPal accounts from making purchases on your site. Bitcoin's value has skyrocketed in recent years, and it is currently the most well-known cryptocurrency as Bitcoin's retail and consumer acceptability has matched its tumultuous ride in crypto markets.

Other well-known cryptocurrencies are:

  • Ethereum (ETH)
  • Bitcoin (BTC)
  • XRP (XRP)
  • Stellar (XLM)
  • Cardano (ADA)
  • Dogecoin (DOGE)
  • Polkadot (DOT)
  • Neo (NEO)
  • Celsius (CEL)
  • Nano (NANO)
  • Chainlink (LINK)
  • Monero (XMR)
  • Tether (USDT)
  • Litecoin (LTC)
  • Binance Coin (BNB)
  • NEM (XEM)
  • TRON (TRX)
  • Dash (DASH)
  • Zcash (ZEC)
  • Bitcoin Gold (BTG)
  • Bitcoin Cash (BCH)

Bitcoin and others have the added benefit of anonymity, as users are not required to provide any personal information while making a payment. Many purchasers will be interested in this because they are hesitant to share important information online.

There are 5 significant benefits that merchants gain from Bitcoin:

➤ There will be no chargebacks.

➤ Fraud is reduced, if not eliminated.

➤ Potential scalability market.

➤ Transaction fees are lower than those charged by Visa, MasterCard, and American Express. Since Bitcoin is a peer-to-peer digital currency, a third-party banking service is not necessary to complete a transaction, this keeps Bitcoin transaction fees low.

➤ Money receipt and use is considerably faster.

There are 3 main types of Bitcoin online payment gateway:

➤ Bitcoin vs Fiat.

➤ Crypto vs Crypto.

➤ Bitcoin vs Bitcoin.

Have other questions?

If you need further assistance or answer, please don't hesitate to contact us.

Have other questions?

The Media

Finextra One IBC Yahoo Finance
About us

who we are

about us

We are honored to serve as your reliable business partner and financial service provider in the industry and other business-related services. With the help of our professional staff, to help merchants to achieve their goals for the development and expansion of the international business market.

Our payment flow has developed in the e-commerce world to perform seamlessly and effectively across all platforms and devices. We take pleasure in combining technology with customer service, to solve your concerns at the moment.

PayCEC is a fully worldwide payment network that not only allows merchants to be paid immediately and securely, but also allows them to withdraw money in multiple currencies to their company accounts.

We will contact you shortly.

Email Phone
Scroll top