Should My Business Accept Bitcoin Trade | Platinum Trading Institute

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CRYPTOCURRENCY

• Should My Business Accept Bitcoin Trade?

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Should My Business Accept Bitcoin Trade?

• Cryptocurrencies still have this mythical aura
  surrounding them. For some irrational reasons,
  people are afraid of accepting them in lieu of a
  fiat currency. The reservation stems from
• Bitcoin or Ripple or other cryptocurrencies not
  having a physical attribute,
• Fear of the unknown, coin hacking and lack of
  understanding of the crypto market, and most
  importantly, the implied and perceived volatility
  in the crypto market.

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The experts at Platinum Trading Institute (PTI)
have a total of 30-plus years of combined
experience in investing and trading in
Cryptocurrencies. Based on that, we can cite at
least ten important reasons that your business
should accept Bitcoin Trade.

• 1. Expand your business with support from the
  Bitcoin Trade community.
• This may surprise you, though there are pockets
  of vibrant and thriving Bitcoin users
  community.
• In fact, by one measure, there are more than
  90,000 entities that are Bitcoin-friendly.
• These companies not only accept cryptocurrencies
  but foster their acceptance through special
  promotional programs, discounts, and marketing.
• Being part of such a Bitcoin Trade community
  cohort could help expand your business.

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• 2. Acquire a competitive edge
• Frankly, Bitcoin Trade still have that mystical
  pull! People fear them, though they are also
  intrigued by their use.
• Why not satisfy your customer by offering him
  another option for making a payment in your
  establishment? You can accept Bitcoins even for a
  very small fraction of its value. This will allow
  the customer to gain confidence in its usage, and
  trading.
• Enhancing your customers shopping experience can
  only mean more business for you.

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• 3. Lower transaction fees
• A recent study has shown that nearly 50 of the
  merchants shun American Express due to its
  exorbitantly high fees.
• Even the credit card companies, such as Master
  card, Visa, and Western Union charge as much as
  6 as transactional fees.
• The lower transaction fee is a salient advantage
  of accepting Bitcoin Trade for your business.
• 4. Raise brand awareness
• If you are a small and a young retailer,
  accepting Bitcoin trade would set you apart from
  the pack.
• Customers might associate your brand with
  progressiveness and inventiveness.
• In addition, there are Bitcoin enthusiasts who
  have formed groups of the businesses that accept
  Bitcoin Trade.
• Accepting Bitcoin Trade for your business
  improves market penetration by increasing brand
  awareness.

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• 5. Become an industry leader
• You are an entrepreneur and a trailblazer who
  likes to run in front of the pack. Then why would
  you settle to be a straggler at accepting the
  cryptocurrency revolution? Undoubtedly, in a few
  years, transactions based on Bitcoins will be a
  routine task. Bitcoins may not offer as many
  opportunities then as they offer now.
• Wouldnt you be rather a frontrunner in
  accepting, contributing, and fostering the
  Bitcoin trade revolution for your business?
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• 6. Add to the existing value of the business
• Accepting Bitcoins and educating customers about
  the underlying innovative technology are
  value-added propositions. Take the example of
  Apple. It periodically introduces innovative
  technologies into its I-phones, tablets, and
  computers. It also has a chain of retail
  mall-based Education Centers, where anyone can
  walk in and get FREE training on any of the Apple
  products. These centers have added incredible
  value to the Apple brand name in goodwill, brand
  recognition, and customer satisfaction.
• Your business can not only accept Bitcoin trade
  but can also provide value-added training in
  Cryptocurrency fundamentals.

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• 7. No exposure to the price volatility
• Even though the Bitcoin price fluctuates wildly,
  its parity with US dollars, or Euro, or Japanese
  Yen remains relatively stable. Furthermore,
  Crypto exchanges like Coinbase and Bit pay
  provide crypto to USD and USD to Crypto
  conversion on a real-time basis. As a result,
  dealing in cryptocurrencies offer not only
  protection against price volatility, but it also
  mitigates any Currency Exchange Risks.
• Working with Bitcoin Trade shield retailers and
  shoppers alike from wild market fluctuations.
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• 8. Bitcoin Trade offer more credibility in the
  non-profit sector
• A non-profit sector could benefit immensely from
  the use of cryptocurrencies in its crowdfunding
  endeavors. Transferring funds into the
  non-profits account is relatively easy and
  transferring fee is minimal. The cryptocurrency
  transfers are transparent and immutable. These
  offer additional advantages that may be viewed
  favorably by donors and Government agencies
  alike.
• Bitcoin Trade offers transparency and
  immutability which could be viewed favorably by
  donors. 

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• 9. Crypto market is vastly untapped.
• The use of Bitcoins and attendant Altcoins, such
  as Ripple is akin to a raindrop in the ocean.
  Currently, the ultra-rich segment of the
  population uses them for speculation. Similarly,
  a few techies use them and develop underlying
  technology for scientific curiosity.  And, only a
  few millions use them for transactions. In that
  vein, one can compare the crypto market with the
  old-fashioned gold rush. In that case, only a few
  thousand fearless trailblazers had brazenly
  conquered the West to reap immeasurable riches.
• Unquestionably, the crypto market is young and
  vastly untapped. It is waiting for the brazen
  trailblazers you the merchant to be
  conquered.
• 10. You dont have to be a Bitcoin Trade expert
• People are always sceptical and fearful of the
  new technology. At PTI, we understand and
  appreciate your apprehension at accepting
  Bitcoins for business, investment, or merely
  trading. We are also aware of the human
  psychology that drives one person to invest
  aggressively, while the other to be more
  cautious. Over the years, in our mentoring
  practice, we have also seen investors emotions
  controlling them and forcing them to take wrong
  decisions.

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THANK YOU.

• If you want to stay on the top of the crypto
  technologies, innovative trading strategies, or
  simply like to be financially successful, please
  sign up for a two-day course on cryptocurrency
  trading.