What do you first think of when you hear the term Cryptocurrency?
Let me guess, Bitcoin, right?
Well that wouldn’t be surprising given Bitcoin is one of the most widely recognized cryptocurrencies available to date. Even companies are buying into it with Tesla purchasing $1.5 billion worth of the stuff.
Given the rise in cryptocurrencies, it’s only natural for companies to adapt and offer payments with these new digital currencies and Geeky Tech is now becoming one of them.
Can I pay for my SEO with Bitcoin now?
In fact, we are now encouraging more people to pay for their search engine optimization in Bitcoin, or other crypto currencies available out there if clients wish to do so.
Besides the fact that crypto payments allow for lower transaction costs, they can also prevent the potential for fraud. Paying in cryptocurrency gives the buyer confidence in knowing there’s an extreme level of identity-theft protection that traditional payment cards don’t offer.
With the use of crypto, there is absolutely zero personal identity attached to it, it is purely digital cash that has no way of being intercepted, or duplicated and the identity of the buyer cannot be disclosed. This makes cryptocurrency payments a more lucrative method of payment.
Not only that, we offer clients a 5% reduction for purchasing SEO services with Bitcoin.
Why are Geeky Tech accepting cryptocurrency payments for SEO?
We believe in the future of cryptocurrency and the benefits that come from accepting payments with it.
We work with clients from varying parts of the world, which means there’s usually a higher fee and exchange cost involved with typical wire transfers. With cryptocurrencies having no mediators or government attachments transaction fees are kept rather low.
Will my services cost more or less when I pay with bitcoin?
Your SEO services will cost the exact same as if you were paying through conventional payment methods. Our prices are set at a base rate in GBP which will be converted to a BTC price upon request.
How do I start paying for SEO with crypto currency?
If you would like to pay for your SEO services from us using crypto currency you are going to need a wallet. There are multiple ways to do this, through the use of exchanges or even a physical hardware wallet.
One of the most common methods for setting up a wallet for beginners is to use the popular exchange app Coinbase. Coinbase allows users to buy and sell crypto currencies as well as transfer it to other wallets.
So what is cryptocurrency?
Cryptocurrency are decentralized digital currencies, which simply means they are not governed by any central authority and immune to government interference.
Bitcoin isn’t the only cryptocurrency gaining popularity, with other coins reaching mainstream media such as Ethereum and Ripple.
The majority of these cryptocurrencies are built on a technology known as blockchain. Blockchain is complicated but in its simplest form, it is a digital ledger of secure transactions.
What is blockchain technology?
The primary technology that pioneer’s Bitcoin and most other altcoins into a new age of digital currency is blockchain. Blockchain is a complicated technology that could warrant an entirely separate blog post with the ins and outs of how it all works.
Blockchain technology is simply a structure for storing transaction information (more commonly known as a block). These transactions are stored within several databases within a network of p2p (peer-to-peer) nodes.
Every transaction made is authorized by the owner’s digital signature, safeguarding it from any tampering, making all of the information within the ledger completely secure.
If this is a bit confusing, imagine a Google spreadsheet that’s been shared to multiple computers within a network storing transactional records for actual purchases. Anybody can see the data, but they cannot interfere with any of it.