• About Us
  • Contact Us
  • Legal Info
  • Privacy Policy
  • Terms & Conditions
  • PRNewswire
Saturday, June 10, 2023
  • Login
  • Register
Sangri Buzz
  • Entertainment
    • Bollywood
    • TV
    • Events
    • Movies
    • Music
    • Web Series
    • Trailer
  • Beauty Pageants
  • Wiki
  • Lifestyle
    • Beauty
    • Books
    • Relationships
    • Women
    • Health & Fitness
  • Web Stories
  • हिंदी
No Result
View All Result
  • Entertainment
    • Bollywood
    • TV
    • Events
    • Movies
    • Music
    • Web Series
    • Trailer
  • Beauty Pageants
  • Wiki
  • Lifestyle
    • Beauty
    • Books
    • Relationships
    • Women
    • Health & Fitness
  • Web Stories
  • हिंदी
No Result
View All Result
Sangri Buzz
No Result
View All Result

The BitcoinCash Merchant Onboarding Event – a Grand Success

Sangri Buzz by Sangri Buzz
June 1, 2022
in Events
Reading Time: 5 mins read
A A
0
The BitcoinCash Merchant Onboarding Event – a Grand Success

With the entire world moving towards digital currency and more and more brands like Gucci and Balenciaga making their announcements, along with several schools in UAE and Mumbai accepting payments in crypto, as well as a couple of countries in the process of legislating BitcoinCash as a legal tender, this currencys opportunities are endless. The event ensured that Indian businesses could keep up with the technological advancements of the world and evolve with them. Each guest was provided with free BitcoinCash which they used to buy drinks and food at the event. The meet-up created the perfect opportunity to learn and implement simultaneously, making it a once-in-a-lifetime offer. The event also had a thrilling element in the form of spin-the-wheel, where the winners given BitcoinCash souvenirs.

BitcoinCash Merchant Meet-up at Estella, Juhu

RelatedPosts

SGT University Announces the Opening of ASMI – Center for Women Leadership

Entrepreneurs at CODE 2023 Founders’ Conference Organized by Expand of Business

India D2C Summit 2023 Forecasts $25 Billion Revenue Surge in the Country’s Thriving D2C Market

In 2017, a much-needed step was taken to increase the maximum block size, giving birth to BitcoinCash. Anyone who held Bitcoin at that time (block 478558) became an owner of BitcoinCash (BCH). The network now supports up to 256MB blocks with ongoing research to allow massive future increases.

BitcoinCash brings sound money to the world, fulfilling the original promise of Bitcoin as “Peer-to-Peer Electronic Cash“. Merchants and users have been empowered through low fees and reliable confirmations. With unrestricted growth, global adoption, permissionless innovation, and decentralized development, the future shines brightly. It caters to a wide variety, from booking air tickets, restaurants, cabs and hotel rooms to shopping at 100+ websites and thousands of retail stores. Users can also buy various gift certificates on the app from companies such as Delta Airlines, Adidas, Uber, and many more. Users also avail 15% off on Amazon with BitcoinCash using purse.io. Bitcoin.com already has over 31 million wallets downloaded and 100,000 cash register users around the globe. It aims to be used in day-to-day needs and is more of a utility.

A significant difference between Bitcoin and BitcoinCash is the time it takes to process the transaction. While Bitcoin or other cryptos can take a minimum of 20 minutes to complete a payment, BitcoinCash does it instantly. Additionally, Bitcoin.com Wallet takes under 2 minutes to set up followed by the BitcoinCash Register App which takes under 3 minutes so a merchant can set up his business to accept crypto in under 5 minutes. BitcoinCash is more of a utility and store of value with nearly zero transaction cost than the only store of value like other cryptos. It is also listed in all major exchanges worldwide. BitcoinCash is already being tabled to be legal tender in the country of St. Maarten. In a few countries, businesses have already started to pay salaries to their employees with BitcoinCash. Recently, member of Parliament in St Maarten MP Brison requested his entire salary in BitcoinCash.

With India moving towards digitalization yet having uncertainty around cryptocurrency regulations, the fusion of security provided by cryptocurrency and the reliability of cash fulfils both the purposes the user desires. Lately, the crypto market has been volatile, but so has been the case with the stock and trade market. The USD has brought inflation as they print trillions without gold back up. The merchants have the option to change BCH to a stable coin, and soon with the integration of flexUSD within the app, those who dont like the volatility can use it to earn a steady interest.

Roger Ver, the CEO of bitcoin.com, is a citizen of St Kitts and Nevis, the Caribbean islands, which were in the news for the vast adoption of BitcoinCash as a reliable payment method. Bitcoin.com is an exchange and a wallet developer which is an assisting mechanism for merchants to accept cryptocurrency. The Indian merchants can always cash it or connect it with their bank account via many exchanges in India at zero cost.

“Once you have used it, you’ll be amazed how easy it is to send and receive payments from anywhere in the world, whether it’s your own town or opposite side of the planet,” Roger Ver.

The driving force behind this reform in the Caribbean, Sunny Gehani, now hosted an invite-only event on May 29th in Mumbai, The BitcoinCash Merchant Meet-up, to familiarise business owners with this ease of payment. Sunny Gehani has onboarded hundreds of merchants in the last four months and is now spreading awareness in many countries about BitcoinCash, India being the recent one. Sunny Gehani, permanent resident of St Kitts & Nevis, owns a next company called Global Link, which assists persons to acquire second citizenship from various countries that offer visa free travel to over 150+ countries, anyone can get a second citizenship for around 100000 USD once they pass through the due diligence process. Roger Ver himself has acquired a citizenship from St. Kitts & Nevis. Lately, owing to his work Sunny was also invited to an event hosted for the President of India in Netherlands.

“People can send money instantly anytime, anywhere. No charges, no queues, which is what the actual white paper of Satoshi Nakamoto stated for Bitcoin, but it is only being used as a store of value. Bitcoin.com and BitcoinCash have made Satoshi Nakamoto’s vision come to reality, making BitcoinCash the real Bitcoin as its decentralized and anyone and everyone can use it in their day to day life. For example, you can buy a bottle of water for 20 rupees from a vendor using BCH instantly and with minimum costs (which you can’t with any other crypto as it takes a few minutes and few hundred rupees for each transaction),” Sunny Gehani.

The event proved to be fruitful as many understood the value of BitcoinCash and the ease it provides in daily usage. Countless guests used this opportunity to download and utilize it at the venue itself while having nothing but praises for the app.

This event was a big success with over 200 merchants attending and 100 committing to accept BitcoinCash. The merchants, too, felt that they would only benefit by accepting cryptocurrency and the best way to cycle is to pay their employees on payroll with crypto. Adoption of BitcoinCash/Crypto in India will also invite a lot of foreign tourist, adding to the overall economy.

This event was not about trading or investing. It was to spread awareness on how crypto/BitcoinCash can be used as a mode of payment for merchants. No business is too small or big to start accepting BitcoinCash.

To learn how to incorporate crypto-BitcoinCash to your business, please check www.bitcoin.com or email sunny@bitcoin.com.

Disclaimer: This is a press release from NewsVoir. No SB journalist is involved in creation of this content.

Share this:

  • Twitter
  • Facebook
Tags: BitcoinCash
Previous Post

Happyfares: A Hassle-Free Alternative For Booking Air Tickets At Fair Prices

Next Post

Homemade Curries, London’s most authentic Indian food by Sheetal Arora

Related Posts

SGT University Announces the Opening of ASMI – Center for Women Leadership

SGT University Announces the Opening of ASMI – Center for Women Leadership

June 9, 2023

Entrepreneurs at CODE 2023 Founders’ Conference Organized by Expand of Business

June 9, 2023
India D2C Summit 2023 Forecasts $25 Billion Revenue Surge in the Country’s Thriving D2C Market

India D2C Summit 2023 Forecasts $25 Billion Revenue Surge in the Country’s Thriving D2C Market

June 9, 2023
Peace Dove “Franz Xaver Gruber” Travels from Austria to India at Chitkara University

Peace Dove “Franz Xaver Gruber” Travels from Austria to India at Chitkara University

June 9, 2023
BPCL Shines at FIPI Oil & Gas Awards 2022 with Five Prestigious Awards

BPCL Shines at FIPI Oil & Gas Awards 2022 with Five Prestigious Awards

June 9, 2023
Conference on Bioresources and Fisheries in the Arctic Addresses Ways to Develop the Fishery Industry

Conference on Bioresources and Fisheries in the Arctic Addresses Ways to Develop the Fishery Industry

June 9, 2023
Next Post
Homemade Curries, London’s most authentic Indian food by Sheetal Arora

Homemade Curries, London’s most authentic Indian food by Sheetal Arora

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Web Stories

Nargis Fakhri is serving looks and how at the Lakme Fashion Week as she walks for SejalKamdar
Actress Aastha Rawal visits historic Taj Mahal Agra
Kavya Thapar Gets into the Solitude Mode to Welcome the New Year, 2023
Janhvi Kapoor Copies Actress Urvashi Rautela’s Versace Outfit
Muskan Kamdar looks hot in different looks and outfits

LatestNews

SGT University Announces the Opening of ASMI – Center for Women Leadership

SGT University Announces the Opening of ASMI – Center for Women Leadership

June 9, 2023

Entrepreneurs at CODE 2023 Founders’ Conference Organized by Expand of Business

June 9, 2023

India D2C Summit 2023 Forecasts $25 Billion Revenue Surge in the Country’s Thriving D2C Market

June 9, 2023

Peace Dove “Franz Xaver Gruber” Travels from Austria to India at Chitkara University

June 9, 2023

BPCL Shines at FIPI Oil & Gas Awards 2022 with Five Prestigious Awards

June 9, 2023

Abhishek Agarwal To Donate 10,000+ Tickets Of Prabhas’ Adipurush For Free To Government Schools, Orphanages & Old Age Homes Across Telangana

June 9, 2023

Bollywood

Meet India’s AI Artistry Crehishek Golecha, Who Has Given Sonakshi Sinha’s SOEZI A Newator Ab Vision

Meet India’s AI Artistry Crehishek Golecha, Who Has Given Sonakshi Sinha’s SOEZI A Newator Ab Vision

June 8, 2023

Urvashi Rautela Confirmed to Portray Parveen Babi, Resemblance and False Allegations Addressed

June 7, 2023

Did You Know That Dr. Sagar Is The First Ever And Only Lyricist From JNU

June 7, 2023

Warina Hussain Joins Hands With Uttarakhand Forest Department Towards An Incredible Step To Clean The Sipra River

June 7, 2023

Urvashi Rautela Commences Preparations for Parveen Babi Biopic: A Tribute to the Glamorous Icon

June 4, 2023

Cannes Film Festival 2023-Urvashi Rautela officially joins the rank with Academy award & golden globe winner Julianne Moore

May 22, 2023
Sangri Buzz

© 2023 Sangri Buzz

Navigate Site

  • About Us
  • Contact Us
  • Privacy Policy
  • PRNewswire
  • Terms & Conditions
  • Legal Info
  • Wiki Profile

Follow Us

No Result
View All Result
  • Entertainment
    • Bollywood
    • TV
    • Events
    • Movies
    • Music
    • Web Series
    • Trailer
  • Beauty Pageants
  • Wiki
  • Lifestyle
    • Beauty
    • Books
    • Relationships
    • Women
    • Health & Fitness
  • Web Stories
  • हिंदी

© 2023 Sangri Buzz

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Generated by Feedzy
Nargis Fakhri is serving looks and how at the Lakme Fashion Week as she walks for SejalKamdar Actress Aastha Rawal visits historic Taj Mahal Agra Kavya Thapar Gets into the Solitude Mode to Welcome the New Year, 2023 Janhvi Kapoor Copies Actress Urvashi Rautela’s Versace Outfit Muskan Kamdar looks hot in different looks and outfits