One of the key obstructions of Bitcoin adoption is relatively volatile bitcoin price. Not only it restricts from using bitcoin as a store of value in the long run, but also causes difficulties while using bitcoin on a daily basis. Many ordinary Bitcoin users are usually facing uncertainty when buying bitcoins to pay for goods, as prices of goods in bitcoin fluctuates together with bitcoin exchange risk. So something that cost 0.0200 BTC might cost 0.0205 BTC just after payer exchanges his fiat currency to 0.0200 BTC.
To eliminate this fundamental, but easy to remove, limitation SpectroCoin.com has upgraded its mobile wallets (Android, iOS, Windows Phone). Now, after initiating Bitcoin transactions on their mobile phones SpectroCoin.com clients are able to choose which wallet Bitcoin or Euro to use. If Euro wallet is chosen, an exact amount of bitcoins required to complete the transaction is exchanged and the transaction is sent to Bitcoin network. Continue reading Pay via Bitcoin Without Owning Bitcoins, Only Euros
SpectroCoin.com, the Bitcoin exchange, wallet and merchant service provider, has released mobile Bitcoin wallets for Android, iOS and Windows Phone platforms.
The functionality allows users to buy, sell, spend and receive bitcoins on their mobile phones. For advanced security 2nd factor authentication is required for the first time, after that it is enough to provide the PIN you selected.
For easier integration of our Bitcoin merchant API to your eCommerce platforms, we have released plugins for 5 popular eCommerce platforms (Drupal, Magento, OpenCart, PrestaShop and WHMCS). They can be found under our merchant section here.
You can read how to setup SpectroCoin.com merchant API here.
Despite the obvious benefits of Bitcoin such as speed, anonymity, cheap transaction cost, many merchants are skeptical and avoid accepting Bitcoin at their business because of technological issues (the integration of Bitcoin client itself takes time) and financial risk as Bitcoin price is volatile.
Continue reading Accept Bitcoin at Your Website