ᐉBitcoin Merchant Account | Undertake in Wellcoinnex 2021

ᐉBitcoin Merchant Account | Undertake in Wellcoinnex 2021


What is bitcoin?

Bitcoin is a type of virtual currency created in 2009 and based on Blockchain technology. From English, bitcoin means bit-bit, particle and currency-currency, money.

Blockchain is understood as a continuous chain of data that is stored on different computers and cannot be changed without observing certain conditions. The cost of bitcoins depends on market conditions. With the rapid development of blockchain technology, the number of users who want to use bitcoins for payment is growing. When you use your card to pay for services, buy products online, or pay a credit card bill with digital currency, the payment transaction system works behind the scenes to provide card authentication and processing to complete the statement. A similar process occurs when paying bitcoin. In this case, the cryptocurrency payment services act as intermediaries between the payer and the recipient to process the payment, they record the transaction in the public blockchain ledger. If you want to integrate a payment system into your company that can accept bitcoins for payment, then a Bitcoin business account is exactly what you need.

bitcoin 2021

How to choose a company to connect bitcoin trading account?

Bitcoin belongs to the high-risk industry, therefore finding a quality provider to work with Bitcoin is not an easy task. The high risk is due to the fact that bitcoins in most countries today are unregulated currencies, in addition, difficulties arise in processing payments in real time due to price volatility. However, entrepreneurs do not have to worry, because there are many high-risk merchant account providers that offer Bitcoin processing.

Why choose Wellcoinnex to open a Bitcoin trading account?

We work with all types of businesses, including gambling, cryptocurrencies, etc. By opening a business account with us, you can accept payments in bitcoins and gain several advantages over your competitors at the same time:

  • high transaction processing speed and low fees help attract new customers;
  • the implementation of all operations through a single platform eliminates the need to create wallets on different exchanges;
  • multifunctional acquisition, allows you to exchange cryptocurrencies and convert them into fiat money (euros, rubles);
  • high system security, all data is stored on cloud servers and funds in cold wallets;
  • 24-hour customer service, quickly solve any problems;
  • the absence of chargebacks will allow you to forget about bankruptcy operations;
  • independence from banks and payment structures, it allows you to transfer payments 24 hours a day;
  • the distribution of data among blockchain participants and the confidentiality of personal information (names, billing addresses, etc.) 
  • Quick connection and integration to your website, eliminates bureaucratic red tape.

Besides Bitcoin, we work with other cryptocurrencies, including: NEO, LITECOIN, ETHEREUM, IOTA, DASH, BITCOIN CASH, RIPPLE, EOC, WAVES, ZCASH. Wellcoinnex