This article is for non-technical people (Beginners) who are afraid to use Cryptocurrencies. It will be very short and informative as people don’t have the time. If you read it carefully only one time, all the fear will go away.
Why is Cryptocurrency (BitCoin) the Best Payment Method for Purchasing Online Medications?
The reason is simple. There’s no meddling bank or a regulatory authority for the transfer of money.
Online medications and gambling are the two highest risk businesses in the world. You will be surprised to know that porn is not. With any regular payment methods (Credit Cards, PayPal, Western Union, E-Wallets), there are banks and regulatory bodies in the middle except for Cryptocurrencies such as BitCoin. That makes cryptocurrencies the best and the safest way to pay for online medications.
How Does Crypto Work?
Cryptocurrencies run on blockchain technology. Simply put, it is a network of computers that work together as one ledger book. If you send money to someone, it’s simply deducted from your wallet balance and added to the receiver’s wallet without any bank in the middle and without any questions asked. That makes the payment safe.
You can send millions of dollars without any restrictions anywhere in the world.
Why Do People Have a Negative View on Crypto?
It’s not the Crypto itself, but the people. People always tend to do too much of something, and that became a problem. There are two main reasons people fear Crypto:
- People think it’s highly technical (Geek-Only Area).
- You’ve heard the news that it’s a scam and people lose a lot of money on crypto.
We’ll break both the myths as simply as possible.
The Highly Technical Fear
So were computers and the internet a few decades ago. And now you walk around with a computer and internet in your pocket. There’s nothing to fear. You don’t have to be technical at all to understand crypto.
Scam and Loss of Money Fear
True, there are scams and people have lost money. As mentioned before, it’s the people-not the currency. If only you use it for the real purpose, it’s not a problem at all.
It’s a currency. You use it as it’s meant to be. You can pay and get paid with it. Anything additional carries risks.
How did that Happen?
People found out that the value of Cryptocurrencies fluctuate more frequently than other things in the market such as Stocks, Bonds, and Forex (Foreign Exchange). If you have purchased some crypto and kept in your wallet, the price can skyrocket within a few hours and you can get 10 or 100 times your investment back.
But the opposite is also true. You can lose a lot of money just like that. Hence, the fear began.
Solution: Don’t trade, and don’t keep it for a long time. Buy crypto only when you need to pay for something, pay for it, and be done.
There are a few other factors too. Because people wanted more out of Crypto, the platforms (Crypto Wallet Providers) had to comply to keep up with the demands. From simple wallet providers, they turned into trading platforms. It’s good business. The platform can make a lot of money out of the trades. They get rich, but the people may not.
So now, if you open a crypto wallet account on a platform, you see a lot of graphs, complicated financial terms, many crypto-based assets (Tokens, NFTs), and this causes fear among non-technical people who just want an simple, independent, alternative payment method.
How to Get Out of this Fear
Very easy. Do not fall for all the flashy complicated things. Use cryptocurrency for what a currency is- Pay and get Paid. That’s all.
But if you want to trade with crypto, that’s up to you. We won’t say no. It’s a totally different area and there’s a high probability that you will lose your money, especially in the beginneing.
How Do Crypto Payments Work?
The idea is simple. You will need a Crypto Wallet to keep your cryptocurrency. Once you have it, convert your regular currency to buy a crypto. You can keep it in your wallet or transfer it to any other wallet. All you need is the receiver’s wallet address. You can also receive money by giving others your wallet address.
For simplicity’s sake, we’ll only show BitCoin (BTC). Why? It’s the oldest and the best cryptocurrency.
Again, you don’t need any other cryptocurrency unless you want to get into the trading business.
Typically, a BTC wallet address looks like this:
1A9xK7mQwP4eLt8vY2rHd5NcBf6ZsX3JqR
How to Pay for Medications on EuroMeds One
- Simply check out and choose to pay via Bitcoin
- We’ll email you our wallet address
- You can then buy the amount of BTC required for your order using your wallet provider (App, Platform) and send to our wallet.
We understand that some platforms charge a small fee (Approx. 1%) for the transfer, so we give you a 20% discount. This will more than cover for the transfer charge and save money.
Also, since there may be a transfer charge, buy a little more. For example, if you are ordering a $100 worth of medications, when you buy BTC, buy $105 worth. You will not lose any money. The 20% discount will more than pay for it. We guarantee it. Any additional coin left after the transfer will remain in your wallet and when you buy next time, it will be added to your total balance.
What are the Best Wallet Providers/ Apps?
For USA, Canada, Mexico- CashApp, PayPal US, CoinBase.
For UK, EU- Revolut
For Australia/NZ- CoinJar
These are beginner-friendly easy to use apps (Paltforms) that will help you get started. If you are located outside those areas mentioned above, simply do a Google Search or ask ChatGPT which wallet will be best in your country. The reason you need a country-based app is so that you can convert your local currency to BTC easily.
Here is a demo on how to use CashApp to buy and send Bitcoin to anyone:
Hope this article helps and more people will be encouraged to use cryptocurrencies to make the payments safer for all.
