Bitcoin Indonesia, iPaymu join forces to allow bitcoin sales in 10,000 convenience stores

Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term Indonesia has joined forces with payment processor iPaymu to allow customers to buy bitcoins in 10,000 Indomaret convenience stores.

Bitcoin Indonesia runs the bitcoin.co.id exchange where bitcoins can be traded with the Indonesian Rupiah. It will Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term this venue when customers come in store to buy their bitcoins.

Customers must first create an account online, after which they pay in store for their bitcoins, which are deposited into their online wallet.

Bitcoin activity has picked up in Indonesia in recent months, with Bitcoiners in the country seeking to turn its Bali island into a Bitcoin paradise through the Bitislands project.

There is a growing trend of Bitcoin businesses teaming up with payment processors to allow bitcoin sales in retail locations. This deal resembles that between ZipZap and Payzone, which launched the service for over 20,000 locations in the UK. In our case, the impact may be felt more strongly in a country where the majority of the population is unbanked and conducts most of its transactions with cash. Such an arrangement is the only option for many, as the retail infrastructure already exists. Bitcoin ATMs are few and far between.

In Canada, SecuraCoin is looking to do the same with its launch of bitcoin sales at payday loan stores and other retail locations. SecuraCoin says it makes the process even more simple allowing customers to buy immediately without pre-registration online.