#BitcoinNews | #HelpingHandsIntlBiz
An online networking business Helping Hands International, H2i for short, is now accepting online digital money bitcoin as one of its currencies to fund member’s account.
H2i decision to start accepting bitcoin is coming on the heels of the global acceptance of the cryptocurrency, and the penetration of Helping Hands International around the world. That’s expected of a business that’s growing exponentially, which doesn’t want to restrict membership by the different legal tenders accepted in different parts of the World.
One becomes associate member of H2i by making one time donation of $40. H2i exchange rate in Nigeria is N165 per dollar, meaning $40 equals N6,600. But what about prospective members in Tanzania, Ghana, Chile and other parts of the world who do not spend naira, or other currencies?
That takes us to…
Why bitcoin in H2i E-wallet funding?
Bitcoin has been designed to enable merchandise buy it anonymously. Not just, international payments are easy and cheap because bitcoins are not tied to any country or subject to regulation. Bitcoin is also becoming more acceptable by small businesses because there are no credit card fees.
The networking business isn’t just accepting bitcoin, but seems to have recommended blockchain, one of the leaders in bitcoin business globally.
It has therefore urged members who want to fund their account via bitcoin to contact admin on firstname.lastname@example.org and “mention your username on the email and amount you transfer.”
You can send bitcoins to each other using mobile apps or their computers. It’s similar to sending cash digitally. And H2i bitcoin address is provided on its official website.
In bitcoin, transactions are made with no middle men – meaning, no banks, no transaction fees and no need to give your real name.
How and where to buy bitcoin
Several marketplaces called “bitcoin exchanges” allow people to buy or sell bitcoins using different currencies. Mt. Gox is the largest bitcoin exchange.
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