How the Bitmillion works:Learn more about how our system works and why we beat all competition in the online payment industry. BitMillion platform is a payment solution that allows merchants to accept multiple cryptocurrency of buyers as payment methods as well received in fiduciary currency.
: Pay with any criptocurrency, with a low conversion rate, or with BTN with zero conversion rate.
Convert to FIAT: The funds are converted into fiduciary coin to protect the seller from market volatility.
Dynamic standby: BitMillion holds the funds and the releases to the seller, adjusted on a performance-based in deadline.
Salesman: You receive in fiat currency and can withdraw to a bank account, keep it in the wallet or convert it into another crypto currency.
Store Salesperson: They will accept multiple cryptocurrency, and they will sell cryptocurrency.
The most secure payment platform.Lower purchase risk of the buyer:We cover all purchases (goods and most services).Other traditional solutions, such as PayPal, cover only one purchase of physical goods. Cripto-based services, like Bitpay, do not cover anything.
Payment approval speed:Unlike traditional payment systems, most times late to the approval of payments by high risk of fraud and requires the submission of documents, we approve the payments solution in the process immediately free of complications for both parties (Buyer and Salesman)
Low exchange rates:We provide low buyer and seller exchange rates using advanced analytics that connect to multiple crypto exchange providers. Services like PayPal and Bitpay offer extremely high internal exchange rates.
Low seller rates:We will charge a flat fee of 1% on payments received. Other services, such as PayPal, charge a minimum rate of 2.9%, but may exceed 5% after all "hidden fees" are accounted for.
Multiple cryptocurrency accepted:We accept the most commonly used encryptions on the market (Bitcoin, Ethereum, Litecoin, Dash Monero and others) covering a wider percentage of the total market limit. Other services, such as Bitpay, only accept Bitcoin, restricting its market to half the total market limit. The more tokens are created and added to the market, their capture percentage will only decrease.
Security of Funds: Harness the power of the block chain and say goodbye to credit card fraud. You have control over your own private keys and funds, and we can not even access your wallet. Traditional centralized solutions have a weak track record of keeping your funds secure.
Customer Payment Protection:Services like PayPal are well known and PayPal depends heavily on the buyer / seller protection plan. However, it only covers the purchase of physical goods. Bitpay does not cover any purchases, making the transaction irreversible and exposing you to potential fraud. BitMillion extends consumer protection by covering physical and virtual purchases (if applicable). We will ensure full coverage of all eligible payments made through BitMillion.
Dispute Resolution Deadline:Traditional solutions, such as PayPal, have a long waiting period for transaction resolutions, while they collect evidence on both sides independently (taking up to several months), making it a slow and painful process. We provide a self-mediated two-part resolution mode and an advanced 3-part resolution dispute mechanism, allowing both parties to talk in real time, guided by one of our resolution mediators. We make it quick and easy to sort conflicts.
Performance rating without vendor performance:We implement the performance-based analysis algorithm to evaluate the performance of salesman, making it so that vendor's performance grows, the retention period corresponding to the funds decreases. This mechanism creates a trusted environment, encouraging sellers to perform better over time and increasing buyer confidence. At best, the best seller will see the waiting time eliminated, getting the funds immediately.
Decentralized token with index value:BitMillion is not just a payment platform. We will issue our own crypto-currency - the BitMillion Coin (BTN). You can buy / sell / receive / receive your BTN on the platform, convert it to fiat, another crypto, or simply stay safe in your wallet and see your value grow synergistically with the platform. Transactions using BitMillion Coin will be internally converted and will benefit from the zero exchange rate.
Specifications:
Coin Name; Bitmillion
simbol; BTN
type; POW/POS
Algorithm; script
Address letter; B
Block reward; 100 BTN
Total coin supply; 52,500,000 coins
Premine percent; 10%
Premine amount; 5,000,000 coins
PoS percentage; 50% per year
Last PoW block; block 10000
Coinbase maturity; 100 blocks
Target spacing 64 seconds
Target timespan 1 block
Transaction confirmations; 1 blocks
