Greetings,

Safety and reliability are key factors when you trust us with your money. Our constant endeavour is to extend support to our clients and simplify their currency exchange woes. Here are the advantages of using BITSSA Trading platform:

Features: Buying and selling of BTC, ETH, BCH happens real time. Really fast exchange even at the times of high load.

Android App: Convenient and user-friendly app which gives you a competitive edge.

Payment Methods: You can pay us via bank, debit/credit card or online payment gateway.

Fee: There is a 0% transaction fee on ETH,BCH and their pairs.

Withdrawal: Instant withdrawal of fiat and cryptocurrencies.

Security: High security features includes the 2FA (two factor authentication).

Support team: Our support team helps you 24*7.

Zero charge: There is absolutely zero/no charge on deposit or withdrawal of any cryptocurrency.

Fiat currencies offered: Currently we offer two fiat currencies: Nigerian Naira(NGN) and Ghanaian Cedi(GHS).

Cryptocurrencies offered: Currently we offer four cryptocurrencies: Bitcoin(BTC), Bitcoin Cash(BCH) , Ethereum(ETH) and Action coin(ACTN).

Market Pairs: BTC/NGN, BTC/GHS, BTC/ACTN, BCH/ACTN, ETH/ACTN, ETH/BCH, ETH/BTC, ET H/NGN, BCH/NGN, ETH/GHS.

We hope you have a fantastic experience on BITSSA.

Bitcoin transactions are definitely cost-effective, time-saving and most importantly they are highly secured when compared to Bank transactions. Now people don't have to wait for money transfers for days. Transactions happen at the drop of a hat today. Thanks to technological innovations like blockchain technology. This is the dawn of a new era.

No matter what anyone has to say but nothing can beat cash for organized crimes. Maybe bitcoins are an easy and very safe method for facilitating organized crimes but not all criminal elements have access to technology and know anything about bitcoins. It is only for the technologically aware and sophisticated crime syndicates that are using bitcoin as a mode of payment.

The worst thing ever said about Bitcoin is that it is used for terror financing, black money laundering, and illegal transactions. These are absolutely ludicrous and baseless rumors. Even if there is an iota of truth in it then such illegal activities take place through hawala route also. So, if naysayers say that only bitcoin is to blame for such illegal activities then they are absolutely wrong.  Another speculation about Bitcoin which is again quite unfair is that it is a bubble which might burst in future. Again, we can see that Bitcoin has stayed in the market for almost a decade and despite having many ups and downs the digital currency has managed to maintain its position at the top. People never lost trust in Bitcoin as a safe value storing digital asset. Despite all the negative publicity, Bitcoin has not lost its sheen. None of the altcoins have been able to topple Bitcoin from its position. People are still buying it and they will continue to do so. As long as there is a structured and a secured technology like the blockchain nothing will happen to its scope. Also, likening it to the Tulip mania or calling it a ponzi is unjust and quite unfair. Skeptics anywhere in the world will speak negatively about anything which is new and revolutionary.

We at Bitssa.com believe that the confidence in Bitcoin is not going to fade away and only for those who have complete knowledge on the subject and who are aware that bitcoin is the result of a highly secure technological marvel called the Blockchain and it is here only to stay. But those people who are losing confidence in it are only those skeptics who have no knowledge about Bitcoin and the advantages of having a value storing digital asset like bitcoin. Sooner or later they are going to realize that how secure, quick and cost-effective it is to use Bitcoins. And it can be seen from the recent trends that Bitcoins are being accepted in many countries for its aforementioned advantages. In many countries, Bitcoins are being accepted as an alternative mode of payment. There are Bitcoin ATMs that are facilitating the sale and purchase of Bitcoins for the common man. Some countries like the Philippines are accepting Bitcoin for Airlines and as school fees. So, slowly and steadily Bitcoin is gaining the confidence of the global economy. As far as volatility is concerned, it is only a matter of time that Bitcoin will gain stability once it gets incorporated in the global financial ecosystem.

If this is true then this is certainly a revolutionary step towards the acceptance of Bitcoins as a mode of payment like any other fiat currency. This will encourage other economies to look in that direction and start accepting Bitcoin as an alternative payment system. But sadly many countries are not understanding the importance of having a completely digitized and highly secure value storing and payment system like Bitcoins. This move will certainly boost their economy and contribute to the GDP. Payment through Bitcoins are certainly cheaper, much faster and most importantly the safest. Imagine the world having a common currency where each and every country indulges in trade using Bitcoin. This will change the face of the global economy.

We at Bitssa.com believe that Bitcoin is going to stay here, in the long run, owing to its high technology, security features, faster transaction time and cost-effectiveness. Gone are the days when people had to wait for days for bank transfers and pay a commensurate transaction fee. Moreover, in the age of rampant financial crimes taking place, a technological marvel like the bitcoin will bring a welcome sigh of relief to the people involved in large money transactions. It is again about the perception that bitcoin is not safe or it's not even a currency or it is a Ponzi scheme or it aids terrorist activity. All these are baseless fears of those skeptics who have the fear of the unknown.

Firstly, such skeptics are completely ignorant of the fact that Bitcoin is the future since it is based on a futuristic technology which is the Blockchain technology. It is a revolutionary invention and certainly, this will transform the entire financial ecosystem by bringing in more accountability and transparency due to its high-security features.

Secondly, anything that has value and can be exchanged for a valuable asset or commodity can be treated as a currency. Bitcoin is a currency since it is asset-backed and the asset backing it is the trust created in it owing to its high-security feature.

Thirdly, all those people who call Bitcoin a Ponzi scheme should realize that even investing in the share market in its initial days was likened to an investment in a Ponzi scheme but later on getting the right kind of knowledge and developing a deeper understanding of the subject created faith in it. So, it is advisable to all the skeptics to do a thorough research on the topic before calling Bitcoin a 'Ponzi'.

And lastly, if bitcoin is facilitating terror financing then arent hawala transactions not aiding terrorist activities. If there is some regulation on the use of Bitcoin then certainly such terrorist activities can be curbed. For this to happen all the Governments in the world need to understand the significance of accepting a valuable digital asset like Bitcoin and pass laws in favor of the acceptance of Bitcoins. imposing a ban is like denying the future to the citizens.

The digital currency revolution is about to rock the world just as the industrial revolution transformed and modernized the whole world. The transition from the use of Paper currency to the use of digital currency can be likened to the transition from the use of the steam engine run trains to the use of bullet trains. And therefore, it is necessary to Market Bitcoin to bring it into the sphere of legitimate circulation in the global market. Certainly, the acceptance of Bitcoin will be a paradigm shift in the global money market. Its cost-effectiveness, lightning-fast transaction speed, high-security features are to give a boost to the global economy. There needs to be a stronger wave of support in favor of the acceptance of bitcoins across the globe. Countries must start lifting the ban on Bitcoins and start accepting it as an alternate mode of payment. This will certainly be time and cost saving contributing to the national GDP.

Belgium has set a marvelous example. This is a milestone achievement. This will certainly enhance the scope of bitcoins as a part and parcel of the mainstream payment system. This indicates that the day is not far when Bitcoins will replace fiat currency as a conventional mode of payment. This is turning out to be true in the case of advanced economies but developing economies are still grappling with the idea of accepting Bitcoins as part of their economy. These developing economies are failing to understand the economic benefits of incorporating Bitcoins in their financial system. These economies need to understand the importance of having an easy, quick, cheap and most importantly a highly secured value storing digital currency. The only challenge with Bitcoins is that it needs to stabilize and this is where such economies are becoming suspicious of accepting Bitcoins. As far as issues like terror financing and black money laundering are concerned, such activities are anyway carried out through other channels also. So one cannot single out the use of Bitcoins for all the illegal activities taking place on the financial front.

Replacement of fiat currency with Bitcoin and acceptance of Bitcoin into the mainstream. The reasons are many for its acceptance since the transactions are quick, safe, cheap and extremely convenient. This can also play a pivotal role in the e-commerce business.

We at Bitssa.com believe that anonymity will create a trust deficit in Bitcoin as a viable investment option and a value storing digital currency. The only reason why there is so much confidence in the market for Bitcoin is that all the transactions are available in the public domain in real time. This is why people have trust in Bitcoin. We all know that Bitcoin is based on the highly secured, sophisticated and advanced Blockchain Technology. As every transaction on the block needs approval from various sources on the network, it makes Bitcoin trading a transparent and accountable process. Therefore, to do away with the 'public character' of Bitcoin and bringing in anonymity will compromise with its security feature and further create suspicion in the public's eyes. And most importantly, adding anonymity will also facilitate terror-funding, illegal transactions, and black money laundering, etc. Hence, it is extremely important that Bitcoin should retain its essential character as a highly secured, transparent and accountable value storing virtual commodity rather than becoming a dangerous instrument in the hands of a few mischief-mongers willing to commit financial crimes if anonymity is granted to it.

We at bitssa.com believe that it is only the fear of the unknown that will keep people from getting into cryptocurrency. It is true that the majority has no idea what Cryptocurrency is all about, how does it work and what could be the possible advantages of investing in a cryptocurrency. And certainly, for any layman, such questions must be raising a lot of doubts in his or her mind for venturing into the world of cryptocurrencies. Humans have always believed in conventional wisdom since times immemorial. They have always opted for tried and tested methods but whenever the question of trying anything new and revolutionary arose humans have always trodden cautiously. It is only about time that people will realize the importance of investing in a highly advanced, sophisticated and secured value storing currency like cryptocurrency. We can say that it is only a lack of education that can be held responsible for people's ignorance and fear of cryptocurrencies. As far as unpredictability is concerned, who knows what the future hold for us. We may live for 10 thousand years on this planet or there could an apocalypse tomorrow. Same can be said about cryptocurrencies. All those investors who have reaped huge returns on their investments in cryptocurrencies must be wary of all the pitfalls of investing in it. The best advice is to do a thorough research before getting into cryptocurrencies. Instead of asking a question like what will keep people from getting into cryptocurrency? ask what is it that keeps people interested in cryptocurrency. Honestly, the answers are many to this question:

a) Cryptocurrencies facilitate Quicker, cheaper, and secure bank transfers

The way we or even transfers money is so obsolete. Some bank transfers even take a couple of days to complete the transaction, with correspondent banks and nation-specific clearing intermediaries involved on both sides. However, by using digital currency, bank transfers could be completed in no time as they are cheaper, safer, and quicker when compared to the conventional transactions.

b) An encouragement to global remittances

Utilizing digital currency, even private users can transfer money directly whoever they want through smartphones, of course, with the only rest fee being those taken by the exchange platforms. While conventional money transfer companies had to have carry principal just in case of any delay in international money transactions, capital requirements are very much necessary for companies who use digital currencies.

However, minimizing the fee may make it simpler for small players to take steps in the remittance picture or for current players to make transactions possible in even small towns and extremely remote countries.

c) Safe money for the poor

Digital currencies can become a safe and secure way of payment especially in nations where the majority of the citizens do not hold bank accounts. While utilizing Bitcoin as another currency in such nations would expose people in the country to a particular amount of risk, but still, it would be a better one when compared to the current options especially in high-inflation countries. For instance, it is safer than stashing hard cash at home or purchasing precious jewelry.

c) Discovering the potential of e-commerce

Since virtual currencies allow customers to transfer funds just like an email or a message, online shopping soon turns into a much smoother and more straightforward process. Digital currencies can also let SMBs in developing nations to more interact on a global level in e-commerce.

To say the least, Bitcoin and blockchain technology are indispensable. Bitcoin is a byproduct of Blockchain technology and both go hand in hand. However, if we talk about which is to stay longer then obviously Blockchain technology is to stay here in the long run. Blockchain technology is a revolutionary technology which is going to transform the whole financial ecosystem. We can see that the Banking system is already incorporating the blockchain technology which is proving out to be a boon. In the wake of many financial crimes happening all across the globe, blockchain technology is going to revolutionize the financial industry.  On the other hand, Bitcoin is a digital currency which is in the form of a digital ledger supported by the blockchain. Bitcoin is the byproduct of the hype created in the market and the trust created in it due to its high-security feature backed by the blockchain technology. Bitcoin which is highly volatile in nature is giving a lot of people reasons to doubt its sustainability. No one knows when the bubble might burst. Yet people are risking their money in it. But what the future holds for Bitcoin, that only time will tell. So, certainly, Blockchain technology will survive the tests of time.

We at bitssa.com believe that India will accept Bitcoins sooner or later. In his budget speech of 2018, Indian FM Arun Jaitley rightly pointed out that "Cryptocurrency is not a legal tender" which means it is not like any other regular fiat currency which can be used for buying or selling products and services.  However, this does not mean buying cryptocurrency is illegal in India. It is just a matter of time when the Indian Government will seriously consider the option of giving legal status to Bitcoin in India. There were some real fears on account of which the RBI came out with certain guidelines against the use of bitcoins such as terror-financing, black money laundering owing to the unregulated and decentralized character of bitcoins. But, terror-financing and money laundering also happen through Hawala-channel via cash. So, bitcoin is not solely responsible.  If we consider the volatile nature of Bitcoin, imagine the kind of remittances it will generate if it was made legal in India adding to the GDP of the country. Bitcoin is a byproduct of a revolutionary technology (blockchain) which is here to stay for good. There are speculations that in the coming years Cryptocurrency will replace cash money. And we hope that is soon to happen.

IBM announced the launch of blockchain based payments, partnering with Stellar Blockchain, dispensing with the need for banking intermediaries in institutional transactions. Called the Blockchain World Wire payment network, it offers clearance and settlement of transactions in near real time.

The company’s announcement on its website stated that the product involved the use of a digital asset as a bridge between two fiat currencies, facilitating the settlement. In other words, a fiat currency is converted into the digital asset at the originating bank, this is then transmitted to the receiving bank where the digital asset is exchanged as a different fiat currency. The transactions are performed through distributed ledgers and the transaction details can never be tampered, giving it the stamp of blockchain immutability.

Jesse Lund, Head of Blockchain Services at IBM, had, in July this year, stated that Big Blue wanted to enable all transactional networks to use blockchain to conclude transactions through a digital fiat currency. The launch, which brought the product out of beta, has been the result of efforts of the Armonk company, since October 2017, on the Stellar Blockchain network. The product will be unveiled in October this year at the Sibos Banking Conference in Sydney.

Other similar products now have competition from Big Blue, and many other players who have jumped on the blockchain wagon. With blockchain entering the institutional transactional ecosystem, it is expected to not just revolutionize, but to disrupt the cross border payment system.

Bitcoin has turned to be one of the happening investment commodities of all time. We so far haven’t seen any such commodity with much price fluctuations yet gain immense traction. A decade ago, you could really have purchased a bunch of Bitcoins for not more than a dollar. But now? One Bitcoin costs around 9, 000 US dollars. Still, there are people who are worried that Bitcoin’s price has reached its peak and investing now would be losing thousands of dollars. Sorry, I completely disagree.

Wondering I disagree? Well, digging deeper and deeper only shows that the Bitcoin is just started to pick up its steam and will reach a value in the future that you can never ever imagine of.

Please, I’m not the only one who is arguing that Bitcoin price will rise significantly over the years. If were to randomly choose a year in the future, then I would say that by 2020, one Bitcoin price would be somewhere between $35, 000 to $45, 000. You think I’m being too much generous? Honestly, the current available predictions say that these numbers appear to be on the cautious side. Various respected cryptocurrency consultants are predicting that Bitcoin will hit $50, 000 by the year 2020, a reasonable prediction. For further information about the future of Bitcoins please read the bitssa blog post. Link: https://blog.bitssa.com/the-future-of-bitcoin-prices/

We at Bitssa.com feel that there is no comparison between the two investment options. Property will always fetch you stable yet decent to zero returns. On the other hand, we all know that Bitcoin as an investment option is a very unpredictable commodity. It is very volatile in nature and we never know when we might get lucky and make huge profits or run out of luck and incur losses, which absolutely depends on the market condition. Bitcoin is partly a by-product of hype created on the internet and partly because of its unique security feature which has created trust in it as an investment option for investors across the globe. So it is better that we play safe. It is not advisable which is a better option out of the two but both have their advantages and disadvantages, bitcoin being more risk-prone. Also, gone are the days when property used to be the most trusted investment option but post the global meltdown of 2008, things have changed drastically for property as an investment option. Bitcoin can though fetch good returns if it is properly managed and dealt with in a patient manner. For more information regarding Bitcoin as an investment option please read https://blog.bitssa.com/five-w-s-bitcoin-investment/

Hi we are from Bitssa.. lets get in touch and see how we can take things further, drop us an email with all your requirements at support@bitssa.com.

Yes absolutely, bitcoin is a revolutionary step towards a more convenient world as it will make transactions easier for anyone. And the biggest advantage will be it's security features. It is better that we start using it as a mode of payment rather than an investment option.

Please read our blog: Reasons to fall in love with cryptocurrencies. Click here