Bulldog security has put a secure deposit feature on their website to help customers secure their Bitcoins, which they use to pay their bills, store their bank account details, and even buy things online.
Bulldog security will accept bitcoins, Ether, and other digital currencies in the future.
The company has been offering secure deposit services for Bitcoin since last year, and it is now one of the first payment providers to accept Bitcoins.
The secure deposit service lets customers deposit their Bitcoins into a safe deposit box and receive a credit of up to $50 when the customer deposits the Bitcoins into the safe deposit.
The bank will then take a 10% cut from the sale of the Bitcoin to the customer, as opposed to 25% currently.
A security deposit with Bitcoins can be made in person at a local bank, or by sending a bank wire transfer.
Bulldog says that it will also accept Bitcoins as a form of payment for other services such as insurance.
Bulldogs service has also attracted a large user base, and they are currently ranked as the top-rated Bitcoin payment provider on BitcoinTalk, a popular forum for Bitcoin users.
BullDog’s Secure Deposit service is a first for a Bitcoin payment service, which is a significant step in terms of acceptance and adoption of the digital currency.
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