PlusX2 handles all payment transactions with Bitcoin.
What advantages does it offer sales partners and the company?

The use of Bitcoin for all payment transactions at PlusX2 offers a number of potential benefits, both technical and operational. Here is a list of the advantages, both for your own understanding and as an argumentation aid:

1. global acceptance and fast international transactions

• Limitless payments: Bitcoin is a global currency and can be used worldwide without the need for exchange rates or international transaction fees.
• Speed: Especially for international transfers, Bitcoin transactions are faster than traditional bank transfers, which can often take several days.
   

2. low transaction costs

• Lower fees: Compared to traditional payment services such as credit cards or bank transfers, Bitcoin transactions can incur significantly lower fees, especially for large sums or international transfers.

3. decentralisation and independence from banks

• Independence: As Bitcoin is based on decentralised blockchain technology, it is independent of traditional banks or governments. This means that businesses can process payments efficiently even in regions or situations where banking services are limited or expensive. Distributors without a bank account or credit card are once again empowered by Bitcoin.

4. transparency and traceability

• Publicly accessible transaction history: All Bitcoin transactions are stored on the blockchain and can be viewed publicly, which ensures transparency and reduces the risk of fraud.
• Protection against forgery: Bitcoin transactions are very difficult to manipulate or forge thanks to the use of cryptographic technologies.

5 Security and ownership

• High security standards: Bitcoin transactions are secured by strong encryption, the PlusX2 company as well as the distribution partners have complete control over their own Bitcoin wallets. This can minimise the risk of account blocking, as is possible with banks.
• No chargeback risk: Unlike with credit cards, there is no risk of chargebacks with Bitcoin transactions, which can be an advantage in e-commerce in particular. This means that commission payments are not affected by possible cancellations.

6. access to new customers and markets

• Customer expansion: The acceptance of Bitcoin is a competitive advantage and can attract new customer groups, especially technology-conscious consumers and companies that value cryptocurrencies.
• Attracting early adopters and investors: Some customers or business partners favour the use of cryptocurrencies due to their affinity with technology or as an investment, which can expand PlusX2's reach.

7 Hedging against traditional currencies and inflation

• Protection against inflation: In countries with high inflation, Bitcoin can be used as a way to hedge the company's capital as well as that of its distribution partners against the loss in value of the local currency.
• Independence from central banks: Since Bitcoin is not controlled by a central institution, it is not subject to the political or economic measures of central banks.

8. innovation leadership and branding

• Technological leadership: Companies such as PlusX2 that integrate cryptocurrencies such as Bitcoin can position themselves as innovative and progressive, which can improve their image, especially among technology companies or start-ups.
• Marketing benefits: The use of Bitcoin is used as part of the PlusX2 brand strategy to portray the company as well as its distribution partners as forward-thinking and modern.

The challenges:
Of course, there are also challenges, such as the volatility of the Bitcoin price, regulatory uncertainties and the need for technical expertise in handling wallets and security measures. PlusX2 has weighed up these factors and taken appropriate precautions. For example, practical and technical training is provided every Monday in the form of webinars and customer service actively supports the setup and operation of Bitcoin wallets.

Overall, Bitcoin offers many advantages, both for PlusX2 as a company that operates internationally and for the sales partners. Together, we are aiming for low transaction costs and want to utilise technological innovations.