Why FXB has chosen Bitpay
FXB Trading is accepting bitcoin payments through Bitpay, a leading Bitcoin payment service provider.
Bitcoin (BTC) is an online virtual currency with no centralized exchange. It is a unique electronic currency which is increasingly popular worldwide.
Advantages of Bitcoin
One advantage of Bitcoin is that there are no transaction costs. All bitcoin transactions are digitally recorded on public networks without banks or clearing agencies playing a role. There are normally no transaction costs involved in bitcoin, even for global transfers.
In addition, bitcoin allows customers to transfer in and out of bitcoin toward any local currency with minimum effort.
Furthermore, Bitcoin is particularly beneficial for traders from developing countries. This is because they have restricted access to wire transfers or credit card payments.
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