Bitcoin hosting – the payment mechanism of the future
When we talk about bitcoin hosting, there is a reason why they are gaining popularity as a payment mechanism. There are several advantageous factors that are contributing to making this a popular means of payment. There are numerous website service providers and hosters who are employing full bitcoin payment mechanisms and the reasons for that are mentioned below.
1. Anonymity –
The main reason why people use bitcoin as a payment mechanism for paying for hosting services is that they can remain anonymous. The hoster doesn’t ask for any personal details like name, bank account number, contact number, etc while making payment through bitcoin, this helps the purchases to stay anonymous. This factor also leads to maintaining the privacy of the user.
2. Easy –
Bitcoin hosting is one of the easiest ways of purchasing a website and hosting services. The payment mechanism that bitcoin hoster employs is very easy to access and use. All you need to do is to provide the bitcoin address in the payment window and you are done. You can make the payment using any kind of device be it; mobile phones, laptops, computers, etc.
3. No hidden charges and fees –
When it comes to making payments using bitcoins, there are no hidden charges and fees included. All you need to do is pay the principal amount. This cannot be seen in any other payment mechanism.
4. Safe mode of payment –
The perception that there is something fishy in these kinds of payment mechanisms needs to be done away with. In fact, the payment using bitcoin is one of the safest mediums. The bitcoin hosting providers employ the best security for the payment mechanism. They have anti-fraud and DDoS tools installed for the same.
5. Working email –
All you need to provide in terms of details is your official working email. This is for receiving the credentials of the service that you purchased. The users can give any email id of their choice just for the purpose of receiving the details regarding the purchase. In this also the website hosters employ end-to-end encryption technology to protect this email id as well.