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FXB Trading is accepting bitcoin payments through Bitpay, a leading Bitcoin payment service provider.

Bitcoin or BTC is an online virtual currency with no centralized exchange. It is a unique electronic currency which is increasingly popular worldwide.

One advantage of Bitcoin is that there are no transaction costs as all bitcoin transactions are digitally recorded on public networks without banks or clearing agencies being involved. 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 which have restricted access to wire transfers or credit card payments.

Unlike credit card payments, bitcoin transfers can be as small as a dollar, and they are not subject to the frequent credit card declines which affect traders paying from developing countries.

 

For more detail : Why FXB has chosen Bitpay

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