7 New Ways to Easily Integrate Bitcoin Into Your Business
Businesses are always looking for ways to add new revenue streams, stay on the cutting-edge of the latest technologies, and reduce operating expenses. As companies like PayPal, Microsoft, and Dell Computers have already discovered, Bitcoin accomplishes all three, and would be an asset to any modern business model. What if you aren't a Fortune 500 company? How would you get started quickly and easily with this exciting new global technology and digital currency? Here are seven ways to get started accepting Bitcoin into your business in a matter of days, with companies that specialize in the....
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This is the first part of a multi-part series that will explain how to integrate Bitcoin as a payment method using your existing small business accounting software package.Why would you need to do this? In short, because accounting principles generally accepted in the United States and state and federal regulatory authorities require reporting in US Dollars. This procedure will allow you to properly account for the full extent of your Bitcoin sales and integrate those sales into your business records as if they had originally been made in your home currency. Since the vast majority of....
OKCoin has announced that it will integrate Bitcoin’s Lightning Network, reducing transaction fees and deposit/withdrawal times. The post OKCoin To Integrate Lightning Network appeared first on Bitcoin Magazine.