Paying with Bitcoin
We are pleased to announce that Attractive Stranger now accepts cryptocurrencies Bitcoin and Ethereum as valid forms of payment when purchasing goods. Simply follow the typical checkout process and then select Coinbase for payment type. This will allow you to open up your crypto wallet and complete the transaction. For more information on Bitcoin in general, please read below.
What is Bitcoin?
Bitcoin is a form of digital currency – a new form of money, essentially – that is tradable throughout the world. It is not an official currency, however, which means that it operates without the involvement of banks or clearinghouse.
Bitcoins can be transferred between individuals or between businesses to pay for goods and services, all without the use of a bank, so the fees for that exchange are lower. Bitcoins do have value and, as such, are subject to taxation just as with cash in your local currency.
Advantages of Using Bitcoin
Some of the advantages of using Bitcoin over another online payment network, such as PayPal, or even your bank, are:
- It can be used in any country without the need for currency conversion
- Sending money to a business or individual costs less per transaction
- There are no limits to the number of transactions you can initiate each month
- Your account cannot be frozen or suspended
- Transactions are irreversible, unlike PayPal payments
- You can keep Bitcoins in a digital wallet that is accessible from your phone, tablet, or computer