Cubits Banking

Crypto-currencies are the future of banking. They are gaining supporters and growing rapidly every day. And at the forefront of them all is the Bitcoin. One of the places where you can buy Bitcoins is Cubits. This German-made e-wallet is widely used and is currently one of the biggest in the business. With a dedicated team of enthusiasts with over a decade of experience, they've developed an e-wallet that's easy to use and extra secure. So let's take a look at what it's all about. T&C's apply to all bonus offers on this site. Click for a list of all banking methods.


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Cubits

How It Works

Cubits is one of the most convenient Bitcoin e-wallets out there for both the customer as well as merchant. It supports different currencies so customers can buy Bitcoins from all over the world. After paying for services, your Bitcoins will be converted into the currency that the merchant prefers. For those who aren't familiar how the Bitcoin itself works, here's a short description.

Bitcoin is a crypto-currency or a seed – a secret piece of data that proves the funds really exist. This data can be stored in Cubits or in any other Bitcoin server. And since it's only a piece of data, security is of the utmost importance.

Security

Since attacks on Bitcoin banks are quite frequent, security is the biggest issue of any Bitcoin e-wallet. So let's take a closer look. The best way of keeping hackers and any unwanted third-parties away from the seed is to go offline. This may sound absurd, but Cubits has done exactly that: keeping any deposits on their offline servers with restricted physical access. At least two management team members have to be present for a transfer to happen, who themselves decrypt the seeds. So-called hot wallets include Cubits’ own funds, so in case of an attack, you won't lose anything. Having a hot wallet and enough funds for regular use guarantees that your transfer time is not compromised.

Banking

Compared to regular banks and e-wallets, Cubits is really cheap. Transfer fees are as low as 0.02$ for every payment. To fund your Cubits account you can choose between 17 different currencies. And what's even more important is that all payments are lightning fast, since all you need is an Internet connection and the wallet application. Furhermore, Bitcoin is the most popular crypto-currency that’s accepted by many merchants, including online casinos, which adds another convenience factor to the entire system.

Summary

If you are pro-Bitcoin and looking for a secure processor then Cubits is right up your alley. They offer secure storage, transfers and payments, and aim to make Bitcoins easy to use anywhere in the world. Cubits is also becoming widely accepted at Bitcoin-friendly online casinos.

Click here to visit Cubits official website.

Posted by CCJ Team