Ace Per Head : How Bitcoin Keeps You Anonymous

When the pay per head industry really started to get going, payment methods were still trying to catch up. Many players were still using Western Union money transfers to fund accounts. Speed, of course, is not a term associated with money grams.

With the rise of technology and virtual currencies, it simply made sense for players to use a service like Bitcoin to fund betting accounts. Bitcoin has become the leader in the industry and is the fastest, most convenient, and cost effective virtual payment method out there.

Bitcoin also provides something else to its users – anonymity. That’s right. A transaction using Bitcoin leaves no trace leaving the sports bettor using it anonymous.

Check why Ace Per Head offers the best PPH on the industry!

Why Bitcoin?

More and more pay per head services now list Bitcoin as their preferred method of payment. It’s easy to see why. Using Bitcoin is extremely convenient. A payment can be made from any device from anywhere at any time. Payments are virtually instantaneous and confirmation is received almost immediately.

The security protocol used by Bitcoin protects users’ identities and there are normally no fees involved when using the service. When using Bitcoin, any personal information is not associated with the transaction. That keeps the user anonymous.

How Bitcoin Protects Privacy

Imagine walking into a retail store. You pull out cash, make your payment, and leave with your purchase. No one ever asks you for ID when you pay in cash. In a sense, your purchase was made anonymously.

It’s similar with Bitcoin. Transactions are not linked to a user’s personal information. A Bitcoin transfer is made from one address to another without any information recorded in the transaction. It’s similar to paying in cash at the retail store.

When a Bitcoin transaction is made, the network hides the originating IP address. It is impossible to tell what website started the transfer or the location where the transaction was initiated.

Verifying Identity

In order to purchase cryptocurrency like Bitcoin, users need to use an exchange service like Coinbase.com. Users have to register and must prove their identity by providing a copy of some form of identification and, in some instances, something that ties them to their physical address like a utility bill.

While a person’s identity is tied to the purchase of Bitcoin, there is no way to know how the Bitcoin was used. We can go back to the retail store example to help understand this.

The person that went into the retail store received his money from his paycheck. He worked and was paid and there is a record of being paid. This is similar to the purchase of the Bitcoin.

When the person goes to the retail store though, there is no record of the transaction. Nothing links the purchaser to the purchase since it was paid for in cash. This is the same in the pay per head industry with transactions using Bitcoin.

Bitcoin is a safe, reliable form of payment to use. Using Bitcoin in the pay per head industry is fast, convenient, and cost effective. It also provides users a level of anonymity similar to paying in cash. Try this method on Ace Per Head today!