Yes! You can withdraw your desired balance from the BitBucks App to another Bitcoin Wallet at any time. Please keep in mind that besides the normal costs for blockchain transactions, we at BitBucks also charge a 2% fee for payouts.
Bitcoin in Stuttgart! Restaurant accepts BTC payments with the BitBucks Bitcoin Wallet
In the Stuttgart restaurant I Love Sushi, guests can now pay with Bitcoin! The innovative Bitcoin Wallet from BitBucks makes it possible. The Stuttgart-based start-up brings Bitcoin instant payments into everyday life with its mobile payment app, tailor-made for the gastronomy and retail stores.
For all Stuttgart citizens who want to satisfy their sushi appetite on a regular basis, the restaurant I Love Sushi has long been a well-known place. From now on, however, you can pay for your makis, nigiris & co. in Kathrin and Stoff Büttner's restaurant not only with cash or credit card, but also with the world's best-known cryptocurrency, Bitcoin!Für alle Stuttgarter, die ihren Sushi-Heißhunger regelmäßig stillen wollen, dürfte das Restaurant I Love Sushi längst ein Begriff sein. Ab sofort kann man im Lokal von Kathrin und Stoff Büttner jedoch seine Makis, Nigiris & Co. nicht nur mit Bargeld oder EC-Karte bezahlen, sondern auch mit der weltweit bekanntesten Kryptowährung Bitcoin!
That's how the BitBucks Bitcoin Wallet works
The whole thing works with the Bitcoin Wallet from the Stuttgart start-up BitBucks. Guests can simply load their own Bitcoin onto the app for iOS and Android and actually use the coins as real currency with the digital wallet. The payment process is very simple: the customer simply scans the QR code at the cash register of I Love Sushi, enters the amount and pays - within seconds, the Bitcoins are sent and nothing stands in the way of the delicious Japanese treat!
Digital Payment with Bitcoin and BitBucks
With the BitBucks Bitcoin Wallet, BTC as a means of payment becomes a real opportunity for barbers, gastronomes and other businesses in the local retail sector. With the app, for the first time, even small amounts can be transacted with the world's best-known cryptocurrency in everyday life practically in real time - without customers or businesses having to bring along great technical know-how and incalculable risk.
The future of payments is called Bitcoin and it already starts today: In the West of Stuttgart with I Love Sushi and BitBucks!
Bitcoin Payments in Retail
Are payouts from my BitBucks app possible anytime and anywhere?
Are there any fees for payments with BitBucks?
No! All payments within the BitBucks app are completely free and can be made in seconds.
Doesn't Bitcoins' price rises also mean higher tax expenses for me?
Not at all! If you would like to exchange Bitcoin for i.e. Euro, you only pay taxes on the profit achieved by the price increase. And to be honest, paying taxes on profits doesn't sound that bad, does it?
How can I convert my earned Bitcoins to another currency?
Herefore the credit from the BitBucks app has to be transferred to another Bitcoin Wallet, with which the bitcoin amount can be converted into your desired currency at a so-called exchange market.
How do I pay with the BitBucks app?
It's simple! With the payment function of the app you can pay instantly and easily in Bitcoin. Within a second the amount is credited to the BitBucks account of the recipient.
How do I top-up Bitcoin to my BitBucks Wallet?
For this you need a second Bitcoin Wallet next to the BitBucks App: We recommend the Blue Wallet or Electrum where you can store your Bitcoin credit. Using the top-up function in the BitBucks app, you can then simply transfer Bitcoin to your BitBucks account by entering the Bitcoin address.
How do payments work with BitBucks?
Payments within the Bitcoin Wallet of BitBucks can be made to all valid telephone numbers. Since the transactions are executed outside the blockchain - offchain - even smaller amounts can be processed in BitBucks within a second.
Is there a list of all transactions within the BitBucks app?
For all bookings within the BitBucks App an overview can be created monthly as PDF to ensure a smoothly tax accounting.
What do I need to accept BitBucks in my store?
All you need is the BitBucks app on your smartphone and a QR code attached to it next to the cashier. During the payment process the customer scans this QR code with his Bitcoin wallet, enters the required amount and within a second the payment is received on your mobile phone.
What does a payment with BitBucks cost me as a merchant?
Top-ups and pay-outs are free of charge for merchants who use the BitBucks app. Payments within the wallet are charged a transaction fee of one percent. In comparison, payments by credit card in Germany usually cost merchants between two and four percent (excluding fees for card terminal providers) and are therefore much more expensive.
What is BitBucks?
BitBucks Wallet is a mobile app for Android and iOS that enables you to pay with Bitcoin instantly and in addition to store your BTC savely in your Bitcoin Wallet.
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Press Release