Although Bitcoin is a relatively new form of currency and is not widespread in the real world, the number of vendors that accept the digital currency is increasing steadily and includes both online and physical vendors.
Once a user has acquired bitcoins and has created a bitcoin address, he can use them for an online transaction with a company that accepts bitcoins as a payment method.
While, the transaction usually takes place within a few seconds, verification may take roughly 10 minutes or longer due to the complex algorithms involved in bitcoin mining.
Unfortunately, there is no list of stores which accept Bitcoin as the Bitcoin community is not managed or owned by any central authority. You may see the Bitcoin mark or a statement in case you can use Bitcoin as a payment.
Maria is an expert of financial markets, bringing all the information from English to Spanish for a better understanding of the online traders. She is also a day trader with experience in developing trading strategies that generate profit while minimizing risk and working under high pressured environment. While being a portfolio manager by herself, she focuses on marketing and consultancy of financial and Insurance products.
(Forex Broker)
Comment by Hans
April 24, 2024
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