
BENEFITS OF BITCOIN PAYMENTS
No banks, no friction — just fast, secure, and transparent payments.
Why We Accept Bitcoin at LEEF
Due to the lack of federal legalization, the cannabis industry faces specific banking challenges, often requiring operators to pay high fees for limited banking options or to seek alternative systems. Bitcoin provides the first viable solution that meets the transparency, settlement speed, and security demands essential for corporate banking in cannabis.
Two Key Benefits:
1. Lower Cost
Normal Bitcoin network fees range from $1-5 per transaction, versus $25-30 with standard outgoing wires. Plus, sneaky hidden fees can add another $15-30. Over the course of a year, paying in BTC can save you hundreds of dollars.
2. Faster Settlements
Bitcoin transactions can clear in minutes, compared to 1-3 days for traditional wires. Cannabis compliance hang-ups can make traditional wires take even longer to clear.