Is bitpay a bitcoins wallet?
Bitcoins have been the most popular form of cryptocurrency and now almost everyone knows about bitcoins. But to date, very few people actually invest in this cryptocurrency and make the most of its fluctuating rates. For those who are wondering about how to buy and sell this cryptocurrency and whether or not you can make any kind of transaction using this form of currency then here are a few things that you should know.
What is a bitcoin wallet?
Like you keep your regular currency in a wallet, bitcoins also have a wallet from where you can make any kind of transaction. This wallet is known as a blockchain wallet. Many people keep wondering how this wallet functions. It is a simple e-wallet that you can use for any online transaction in sites that accepts bitcoins.
Almost all online casinos accept bitcoins as the mode of payment
There are several online casinos where you can invest your bitcoins to win cash in some other currency that you desire. If you want you can directly exchange bitcoins across several sites as that option is also available. All these transactions happen via your bitcoin wallet.
What is bitpay?
Bitpay is a payment processor that helps you to make any kind of payment via your bitcoin wallet. If you want to use our bitcoin wallet then bitpay is something that you automatically use.
Now hopefully you can understand the fact that bitpay is not a bitcoin wallet is rather a collaboration with the bitcoin wallet to facilitate bitcoin transactions.