Locks in Transaction Price and Enables Conversion to Fiat, Other Currencies
In the brave new world of cryptocurrency and digital transactions, a Vancouver-based company has removed the largest barrier for merchants to broadly accept cryptocurrency for everyday transactions. NetCents (CSE: NC) is the first-to-market to immediately lock-in the cryptocurrency price at the moment of sale, enabling instant conversion to fiat and other cryptocurrencies.
Understandably, merchants have been cautious to assume the risk of accepting digital currency amidst highly volatile currency swings. Imagine, as a vendor you accept $1,000 in Bitcoin only to find it tanking by 25% of its value in one week, as it did from mid-December last year from US$19, 000 to US$14,000 within a week. No one needs that kind of stress.
What NetCents …View the full post at: NetCents Solves Instant Settlements for Digital Currencies …
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