Bitoff Help Center
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All you need to know about Bitcoin and Tether.
What is Bitcoin? and why spending Bitcoin?
Bitcoin is digital money. Its the most famous and regular Cryptocurrency at the moment. It is accessible to people worldwide. Bitcoin is a computer science breakthrough that is yet to revolutionize the world. The opportunities and benefits are near limitless to improve humanity and reduce inefficiencies. But it might not matter if people don't earn or spend Bitcoin. Bitcoin's success depends on mainstream adoption. Why spending bitcoins instead of my American Express card that pay
Can I spend any cryptocurrencies?
Not yet. Bitoff initialized Bitcoin from other cryptocurrencies since it is globally accessible and more valuable than others. Also, we added Tether for its stability (it is called stable-coin for a reason). Earners who wish to liquidate their gift cards usually like to change it to cash, and here is the Tether, which has the closest value to the dollar. !(https://storage.crisp.chat/users/
How to buy Bitcoin?
Bitoff doesn't sell Bitcoin. There are several ways to buy bitcoin or mine bitcoin. But Here in Bitoff, we only connect the ones who already have bitcoin to the ones who like to liquidate their gift cards into bitcoin. If you wish to start saving and would like to earn bitcoin instead of buying it (because it is tax free this way), you can begin using Bitoff as an earner, and gradually you will make amounts of bitcoin on your wallet. !(https://storage.crisp.chat/users/helpdesk/website/
What if Bitcoin's price fluctuates?
Although Bitcoin's value has been historically quite fluctuating, it doesn't affect on Bitoff trading. You will submit the order in Bitoff with the contemporary value of the bitcoin as a shopper, and earners will receive the same amount. For example, if a shopper paid 0.001 bitcoin for a product, the Earner will receive the same amount, no more no less.
Why Tether and what is the use of it?
Tether is a blockchain-based cryptocurrency. Tether is called a stablecoin that aims to keep cryptocurrency valuations stable. It is equivalent to traditional fiat currencies, like the dollar, the euro, or the Japanese yen. Tether tokens trade under the USDT symbol. We found out that Bitoff users like to avoid extreme volatility and liquidate their gift cards into crypto while keeping the value stable. We decided to add Tether, which is designed to build the bridge between fiat currenc