Bitspay is the pioneer in developing a digital asset trading platform targeted at young investors and social networks by connecting with professional investors. Its goal is to create a community of traders who share experiences and support each other to achieve their individual profit targets.
By encouraging people to participate in the purchase or sale, you may earn money through its cashback program. In case you don’t have enough friends to get a reward, the system will recommend “strangers” who are also looking for the same type of reward as you.
It is a fact that social networking is a vital spiritual component for young people and traders alike. As a result, incorporating social networking’s influence into the world of blockchain trading will provide an ecosystem for traders globally to successfully communicate and share experiences. Additionally, this is a great place for newcomers to start their businesses if they would like to learn about and join the blockchain industry.
Similar to buying directly from a wholesale dealer, if you create a high-volume purchase or sell transaction by inviting friends or forming trading groups, your transaction costs will be significantly reduced. We think that by creating the first rewards program just for cryptocurrency traders, you will be able to cut your costs compared to using traditional trading platforms.
Our experienced development team has been working together for five years to create a payment gateway that supports different coins and tokens as well as the valuable expertise that is being utilized in the development of this exchange system. After five years of collaboration, we have always understood that client satisfaction will motivate us to continue forward with the project.
We always recognize the importance of protecting the financial assets and personal information of our clients. Thus, our cold wallet technology will be used to keep all of the funds. Besides, all sensitive data will be encrypted to guarantee that customer privacy is ensured.
In accordance with the regulations of the Republic of Estonia, BITSPAY Limited is registered under the registration number FVR000796. They received the license number FVR000796 for the provision of virtual currency wallet services against a fiat currency and FVR000796 for the provision of virtual currency exchange services, issued and managed by the Financial Intelligence Unit.
By organizing a group of friends to share experiences and benefit from the cashback system, you have the right to decide whether to purchase or sell coins on behalf of your teammates in order to increase profits for members of the group.
With your experience and reputation in trading cryptocurrencies, you may recommend or share an extensive list of coins with your followers so they may consider them before making their own investment decisions.
What are the advantages of BitPay?
BitPay provides many benefits for its users including flat-rate pricing, guaranteed exchange rates, daily bank settlements, and an option for importing bitcoin sales into Quick Books. Bitpay is a 100% merchant solution that offers trustworthy and reasonably priced services.
Why is BitPay so controversial?
Some parts of the crypto community criticize BitPay for combining Bitcoin payments with fiat money to provide services to traditional markets, which necessarily limits the kinds of transactions it can handle. It is recommended that investors should carefully look through the list of top merchant service providers before starting their trading journey.
What are BitPay’s legal terms?
BitPay’s legal conditions include a list of restricted business categories, as well as information about the company’s reserve and termination policies. Merchants can discontinue the service whenever they want without paying a termination fee but they may experience fund-holds at BitPay’s discretion.
Who is the CEO of BitPay?
Stephen Pair is the co-founder and CEO of BitPay, while Jim Lester is the CFO.
Costs & Contract: BitPay charges 1% on all standard risk transactions, however, high-risk businesses may enforce higher rates.
Complaints & Service: Over thirty BitPay complaints have been posted in open complaint forums.
