A SAFER WAY TO PAY
In the early days of Bitcoin, people didn’t expect that they’d one day be able to use it to buy goods and services. From purchasing a pint in a pub to ordering products online, some of the biggest brands now accept Bitcoin payments.
Mining Bitcoin and acquiring digital capital was considered a novelty loved by geeks, but the cryptocurrency had no established value.
As Bitcoin became more popular due to its inbuilt security, its value skyrocketed. Bitcoin never associates a person’s identity with a transaction, letting people enjoy greater anonymity when shopping.
In the beginning, only a handful of retailers accepted Bitcoin, but its security and success have caught the attention of a growing number of companies that now accept Bitcoin payments.
Skrill has also integrated Bitcoin into our services, letting you use more than 100 alternative payment methods and 40 currencies to buy the cryptocurrency. You can also make Bitcoin deposits right into your account.
BUY CRYPTO WITH SKRILL
Bitcoin disrupted the financial world with the way it conducts its transactions. It uses peer-to-peer transfers without the use of a central bank, so consumers can make transactions without being hit with the costly fees you’d get with traditional transfer methods.
Without the potential for a central bank to artificially inflate the currency, owners of Bitcoin don’t need to fear governments interfering with the value of their money.
Only a set amount of Bitcoin can be mined each day, and there’s an ultimate cap of 20 million in place for the entire currency, so it will never experience the same level of manual interference.