Bitcoin Accepted Here! What do you need to know?
Note: Beginning June of 2017, we are no longer accepting Bitcoin as a form of payment.
VoIP Supply has been accepting Bitcoin and helping many customers complete transactions efficiently since 2014.
Whether you are a current Bitcoin user or a new beginner, it’s important to educate yourself before you start using Bitcoin to avoid common pitfalls. Let’s dive in to learn.
What is Bitcoin?
Bitcoin is a type of digital currency that allows users to transfer funds via the Internet. It is operated independently of a central bank and secured by encryption techniques to verify the transactions.
Why use Bitcoin?
With Bitcoin, you can easily pay or get paid quickly without going through financial institutions. International customers are able to decrease the transaction time from standard 7-10 days to just few seconds with reduced transaction fees.
Domestic customers can also enjoy the ease-of-use and ability to complete large transactions without concerning the limitations from credit card companies. What’s even better is that Bitcoin has far less chance of fraud given that no credit card data is being transmitted or stored anywhere.
As an online retailer, the reduced transaction fees, increased speed of transactions, global reach and use, reduction in fraud capabilities are all appealing reasons for using Bitcoin. – Ben Sayers, CEO of VoIP Supply
How do I take advantage of Bitcoin?
Since Bitcoin is a new currency system, we recommend you visit bitcoin.org to understand the technology before you start. Getting started is simple. If you have never used Bitcoin before, you would have to choose your wallet according to the device you’d like to use for Bitcoin.
And then you can get some Bitcoin from accepting Bitcoin as a payment for goods/ services or purchasing from other Bitcoin users. Once you have your Bitcoin ready, simply select Bitcoin as your payment method when you check out and you are ready to go!
What has changed at VoIP Supply using Bitcoin?
To better serve Bitcoin users and reduce confusion, we have specific terms and conditions for customers who place an order from VoIP Supply using Bitcoin.
Read the complete VoIP Supply Bitcoin Terms and Conditions.
What if I don’t want to use Bitcoin?
Not a problem! You are still welcome to use other forms of payment. Aside from Bitcoin, we also accept Credit Card, Wire Transfer, Lease, and Paypal Express.
Do you have more questions about Bitcoin? Share your questions/ thoughts about this article below with us!
