Benefits of paying with Bitcoin

Quick overview on Cryptocurrencies

Many of us are by now familiar with the word cryptocurrency or bitcoin, it’s exposure in the media and implementation by large companies such as Paypal, Tesla or Microsoft have made it clear it’s come to stay. Out of all the cryptocurrencies, Bitcoin has defined the cryptocurrency space and is now by far the most dominant coin out there. BTC is a decentralised peer to peer crypto currency system, that allows transactions through digital units of exchange. It was started in 2009 and for many people, it presents itself as an alternative to fiat currencies such as the Euro or the US dollar. It’s decentralised status means Bitcoins aren’t issued by banks or regulated by a central authority, instead they are mined and each transaction is recorded in a blockchain. 

You might also hear about Altcoins, these are alternative digital currencies to Bitcoin, basically they refer to all cryptocurrencies other than BTC. Examples of altcoins with large market caps include BNB, Cardano, Ethereum, Chainlink and Tether among others.

Advantages of paying with Bitcoin (and Altcoins)

Main Benefit: Discretion

Your transactions will never be associated to your identity, therefore guaranteeing user anonymity, unless you publish your bitcoin transactions by choice, your payments are anonymous. Tracking back and tracing is similar to cash transactions, it’s not impossible, but not easy or probable. 

You only give an alphanumeric anonymous address that changes with every transaction. Payments can also be made using only QR codes.

More benefits for paying with Bitcoins:

  • Ease of transaction (no swift, no iban)
  • Autonomy over your own money, due to its decentralised nature
  • No taxes on purchases
  • Very low transaction fees. Great for international transactions and frequent travellers. 
  • No bank tracking on larger payments
  • No need to be aware of bank holidays
  • Your wallet can be stored online or offline.
  • No bank intermediaries. 

Take into consideration: Volatility and Chargebacks

Understand price volatility, you have to accept the risk that may come with this, even though Bitcoin and Ethereum may offer more stability their prices have varied largely even in these past 12 months. 

There is one other key aspect, this is a PRO for providers but might be a CON for first time clients. When paying in crypto, chargebacks aren’t available, you should only pay for legit providers, and maybe do some due diligence. At OK!Escorts we guarantee full refund (except taxi costs) if you’re not happy with your date!

Where to buy Bitcoins and Altcoins in 2022

Operating with Bitcoins or other cryptocurrencies is much easier than you think. 

Coin Base and Crypto.com (Great for beginners)

Coinbase is one of the most reliable and simple platforms out there. Ideal for buying and staking. It offers various security options with authenticators, 2fa and a vault. It’s extremely easy to use and intuitive. Receive crypto, buy with your credit card or connect it directly to your bank account if you prefer so. 

Crypto.com is a very similar platform, focused on staking and investments, although it’s only available as an app. It does have a high-speed exchange and offers more altcoin options than coinbase.

Both offer some variety of altcoins, but if you’re looking for more, definitely check out Binance! 

Binance

Binance is a trading platform, offering a large variety of alt coins not available on coinbase or crypto.com platforms. It involves many extra options such as trading, staking, earning rewards and access to launchpool.

Store Crypto in Hardware wallets

You can also store your crypto securely offline. If you’re not too sure how, you can find many tutorials online or even ask an expert for help.

Our recommendations on hardware would be Exodus and Ledger by far. For more specific niches check out Trezor models (if you’re looking to store a larger amount of crypto), or Electrum (if you’re pretty advanced and seek to store exclusively bitcoin).   

Pay with Cryptocurrencies for escort services

Crypto currencies do carry a risk, we recommend to operate with coins that have been relatively stable over the past months. The upside is so much higher in terms of anonymity, timings and fees that it fits extremely well in adult-services.

At OK! Escorts we accept payment with BTC, ETH, USDT, BNB and other alt coins on demand. Payment must be made at least 24 hrs in advance. 

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