Technoshack are pleased to announce that we are one of the first online electronics stores within the UK that are now accepting Bitcoin as a new payment option.
With the increasing hype and media attention circulating Bitcoin it has become hard for us to ignore this new and exciting online cryptocurrency.
If you have a Bitcoin wallet then you can easily make purchases on our website by going to our checkout and selecting Bitcoin as your preferred method of payment.
Once you have confirmed your order you will be taken to a Bitcoin payment screen where you will have 15 minutes to send the payment to our receiving address.
One of the major benefits of Bitcoin is the simplicity of the payment mechanism - if you have a Bitcoin wallet app on your phone you can quickly scan the payment QR code and make a payment transaction in mere seconds.
Bitcoin was founded in 2009 by a developer known as Satoshi Nakamoto, and was championed by an internet community before exploding into the mainstream last year.
Bitcoin is one of the most popular online cryptocurrencies that has been continually growing within the past few years and has received a lot of attention in the media and is becoming the preferred currency for a lot of people.
This exciting new currency has incredible potential due to its anonymity, the ability that allows users to make secure instant payments online, and the non-existence of transaction fees.
Unlike conventional currencies, Bitcoin is managed by the online community as opposed to a central bank.
We are very excited about the potential of Bitcoin and see a very bright future ahead. With huge companies such as eBay currently having discussions about accepting Bitcoin I don't believe it will be long until we all have our own Bitcoin wallets.
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