Bytecent is a reward system that’s powered using Blockchain tecnnology. The platform consists of a global network of computers owned by consumers which contain special software that’s capable of processing transactions. The thing is, if one owns a computer, they can install this software and start receiving rewards for helping process transactions as well as secure the network.
This reward system is different than others in that it’s capable of harnessing the power of computers in over 150 countries in order to process transactions. The unique features offered by this network are a major plus for this platform. The rewards accumulated can be spent on point of sales that accept bytecent. Better yet, a consumer can convert their bytecents into Bitcoin Cash or even into gift cards.
Getting Bytecents BYC
There are various ways in which one can obtain Bytecents. They include:
This is the process by which one earns bytecents by using their computer to process transactions. Users just need to run the free bytecent software on their computers then use their CPUs to process the transactions. The number of bytecents generated each day ranges between 1440 to 2050 each day. Consequently, it can take a few hours for a user to earn their bytecent and this largely depends on the speed of their CPU.
Just like other rewards systems, a user can receive bytecent for successfully completing a transaction. Bytecent can be attained by users who successfully run the bounty program on the network. Once you finish your transaction, you immediately receive bytecent. Merchants can also opt to receive bytecent as a mode of payment for the goods and services that they offer.
Just like other digital currencies, bytecent can be traded on an exchange. At the moment, bytecent is listed on Bittrex platform where one needs to convert to Bitcoin first then obtain it.
Bytecents Cryptocurrency Rewards Benefits
This digital reward platform has various benefits for both consumers and merchants.
- One’s personal information isn’t required which increases privacy and minimizes theft. To receive bytecents, all one will require is a wallet and a unique bytecent address.
- The system processes your reward immediately which is not the case with other reward platforms. Better yet, the rewards can be spent immediately one receives them.
- There’s no limit to the number of transactions that one can process. The bytecents received don’t have an expiry date or a limit on the number you can accumulate.
- Bytecents are compatible on various sites and a user is not restricted to only one website.
- Flexibility of converting bytecents into Bitcoin Cash.
- There’s increased user engagement which makes consumers choose your website over others. By use of bytecents, a merchant can obtain long term users who were casually browsing the web.
- Bytecent provides the tools necessary to help increase the conversion rates by having unique features that make the customer experience fun. This leads to increased purchases.
- By having an enjoyable customer experience and rewarding consumers, the bounce rate on a merchant’s website reduces greatly.
The bytecent software is free to download from their website and doesn’t require complex configurations to start earning rewards.