What is Bitcoin?
Bitcoin is certainly not an actual money rather a cryptocurrency. This internet currency which has no boundaries, once integrated with the MLM software it can be used to trade anywhere. Bitcoin is open source and any person can register online to become a part of this system and start using it for online transactions. Apart from being a digital currency, it also removes the third party involvement by initiating peer-to-peer transactions. Third party involvement is a down factor in business transactions because of which delays occur. With the use of a digital currency, global opportunities are possible without any delay in the transactions. The use of digital currency is a move towards the future as to operate a business at a global level there is need of a uniform system.
Characteristics of Bitcoin
Bitcoin is an open source system anyone can register to become part of this system and start using it for global transactions. It offers a peer-to-peer network which makes it easy and convenient to use.
Bitcoin is deciding factor for a business, various measures need to be in places from all ends for a completely secure system. Bitcoin transactions use industry standard AES encryption which provides complete security. There are also authentication measures in place that keep the data safe from all online threats.
Bitcoin is ensured by various factors, first with the use of a digital currency there are no boundaries as the same system is applicable globally. The flexible nature is also ensured by fare-free transaction system through which it is possible to speed-up a transaction only by paying a minimal cost.
Bitcoin stability has improved since its inception and is widely accepted, providing a digital currency option for business transactions. The Bitcoin transactions are irreversible which means there are no chances of any fraud also verification is possible with Bitcoin block chain.
With all these features Bitcoin integration offers great for MLM business.
Why Bitcoin integration with MLM software ?
The flexible nature of Bitcoin makes its use possible with all leading business plans. We at MLM Software chennai provide Bitcoin integration with Binary plan, Matrix plan, board plan, or any other MLM business plan.
Lot of Marketer and Economic Expert and Researcher already made their comment that Bitcoin is the currency of Digital World. It is the most secured and anonymous Currency.
So we, use this Bitcoin Payment Processor API and Integrated with our MLM Business solution and developed a pro version of MLM Software for network Marketing World. We called it Bitcoin api wallet MLM software for network marketing industries.
In Our Bitcoion MLM Software, Member Can Perform registration through Bitcoin in directly. There is no time lag or Delay. We have integrated bitcoin api wallet in network marketing software by which You can perform your different Operation like Purchase subscription, Upgrade wallet, Transfer fund to your Downline and you can perform these all Process in directly through our Bitcoin MLM Software. Our Bitcoin MLM Software involves a vital feature that is Main account and Sub Account Features for Admin some time it is called as 3 multi signature process or Account.
Our MLM Software Chennai have already integrated some more payment processor with our MLM Software that is Perfect Money, Payeer, Advance Cash, Payza, Solid Trust Pay, Skrill, Netteller and Much More. Generally, Bitcoin stands as an open-source product. It is accessible by anyone who is a user. All you need are a valid email address, Internet access, and money to get started.
How does Bitcoin work?
Internet users transfer digital assets (bits) to each other within a network. There is no online bank; rather, Bitcoin stands as an Internet-wide distributed ledger.
Bitcoin wallets thus store and use this digital currency and it also allows the users to sell out the virtual ledger by trading their Bitcoin to someone else. Definitely; anyone can do this, anywhere in the world.
Benefits of Bitcoin integrated MLM software
Bitcoin provides the ultimate freedom of making localized financial transaction. In other words; it is a suitable channel for the peer-peer transaction. Here are some benefits of Bitcoin integrated MLM software,
For the un initiated; Bitcoin is transferred quickly over the Internet.
No fees/low fees:
Unlike credit cards, Bitcoin can be used for free or sometimes for a very low fee. Since there is no middleman, there are no authorizations and fees required and this improves profit margins sales.
Eliminates fraud risk:
This is one important aspect to ponder on. Only the Bitcoin owner can send payment to the intended recipient hence it eliminates the fraud risk to a great extent. This is big for online merchants and network marketers
Data is secure:
Internet is certainly not always a secure place for private data. Though with Bitcoin, users do not have to give up private information. This means that data remain secured.
Convenient payment system:
The network marketers can use Bitcoin entirely as a payment system.
Bitcoin is used around the world as an international payment method.
Easy to record:
The network records and logs every transaction in the Bitcoin blockchain
If you are suspecious towards digital currency like Bitcoin, you will begin to realize that as time moves, Bitcoin is slowly making its way to be commonly accepted in any market.
At MLM software chennai we have also prepared to considerably decrease the complexity of finances in an MLM organisation. We have integrated Bitcoin in MLM software. With Bitcoin integrated software complete secrecy is possible. So that you and your network use this you can freely trades it over networks that accept it.