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Advantages of Cryptocurrency

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There are so many advantages of cryptocurrency but I would like to give here a light touch to its advantages. Cryptocurrency is a time saving way of trading as you do not need to visit a specific place like a bank or office for trading. Also it needs no documents proof. You can make a deal with users anywhere in the world.

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Firstly, it is the speed and simplicity of transfers between accounts.
Secondly, most cryptocurrencies have anonymity of transfers.
But for me personally, the main drawback at the moment is the problem of withdrawing funds

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You are in control of your finances, they cannot track your transactions or know how much money you can have since it will be anonymously, has greater speed and security when making an operation, and that you can easily win by having your money saved.

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The use of cryptocurrencies as a store asset for value like gold and as a means of payment because you do not have to pay a lot of fees, and it is advancing confidently and safely Nowadays, there are many companies that accept cryptocurrencies

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The advantages of cryptocurrencies is that from a phone or computer you can work with them you can have a good salary online with cryptocurrencies, many of the platforms where you keep them are safe and since now you can even buy with crypto, it is very effective with the pandemic in the world right now since we don't leave the house much

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In my opinion, the most important advantage of cryptocurrencies is decentralization, that is, transactions do not depend on a third party to carry them out but on a technology based on asymmetric cryptography, encrypting all information, which makes it impossible for a transaction to be intercepted by a third party and the money is lost

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Agree that crypto is having a lot of advantages before fiat especially transfer speed and it's almost impossible to track. But it also have some disadvantages like that you can't use it in every day life but it may change in near future.

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The benefits of crypto currency are that they are very secure, global, are characterized by their immediacy and are transparent since all transactions made through Blockchain are public.

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There are many benefit on the cryptocurrencies, first you can send money to anyone in the world with a low cost or fee, any bank offer this, you can keep your money secure in a freeze wallet or with your private Keys, you can pay a service on the internet with cryptos, you can earn income every days, you can invest your crypto in many site, you can change your crypto for any other fiat coin like eur y usd, you can open an account and deposit and withdrawl with different broker of Forex.

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Cryptocurrencies are decentralized, that is, here the control of banks does not influence, it also allows us to carry out fast transactions with people from anywhere in the world with low commissions, this due to the diversity of projects in the crypto market.

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These are two of the advantages but not the ones that given so much value to cryptocurrencies. The decentralized factor is the best advantage something banks or other currencies don't have.

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7 hours ago, Jaafar Fahad Hassan said:

Yeah I agree with you , cryptocurrency has lot of advantage over banks and other stuff, it very easy and reliable if if you follow the appropriate channels. It controlled and managed by you again

@Jaafar Fahad Hassan friend, you should not look only the positive effect of crypto but you also need to see the negatives effect.. Though if you have enough knowledge about crypto world then you can feel only the advantage of crypto world but if you be like those newbie who do trading but dont know about trading then lose money, you can feel disadvantage of crypto world too.. So we all must need to be careful..             

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There are a lot of advantages of cryptocurrency. I think, the main advantages are speed, anonymity, simple transactions 

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I think it gives us a great opportunity to save value against the inflation of FIAT currencies, as well as the possibility of not depending on banks or government regulations to save in foreign currency, currently in Argentina there are many problems to do so

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There are many advantages that cryptocurrencies have. One of the most important to mention is that they represent a very fast and easy means of payment compared to fiat money transactions. And also cryptocurrency transactions are very safe since they are carried out at wallet addresses (codes) that are only accessible by the users who own the wallets.

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Of course, yes. Also, when investing in cryptocurrency, there is much more profit interest. Let's say in Russia you can put currency in a bank at a maximum of 7 percent. This is very small.

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the advantage of cryptocurrencies is that they do not obey a centralized authority and their generalization will give birth to a new world order that belongs to everyone.

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The advantages of cryptocurrency is that it is safe. More convenient, easier. The best investment in the future is cryptocurrency. In the future, cryptocurrency can be used to pay for anything, just like currency. She will be given a salary. And so on. All countries will issue their own cryptocurrencies, although now some countries have already issued their own national cryptocurrency. Cryptocurrency is the future!

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There are a lot of advantages of cryptocurrencies. You can earn by it in an easy way. You don't have to be physically present in a work to ear and however you can always trade and invest in a faster process and get reward or profits in a shorter time. It also helps to secure your funds and save you from hacking. It's a total package for a daily income. 

There are a lot of advantages of cryptocurrencies. You can earn by it in an easy way. You don't have to be physically present in a work to ear and however you can always trade and invest in a faster process and get reward or profits in a shorter time. It also helps to secure your funds and save you from hacking. It's a total package for a daily income. 

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Cryptocurrencies have many advantages, speed, reliability, possibilities of economic profit and a lot of freedom to manage financially and be independent from banks and their usurious commissions, and the more they become popular, the more advantages they have. Its advantages are dynamic, that is, they are increasing. I also love that it allows you to trade 24/7 🙂

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It's the feeling of freedom when you deal with your money, central banks and tax control. Other items were fast transactions and low fees

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I think trading can solve the unemployment problem, for me it works and I am starting to get more income than I can get from a steady job

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The main advantage of cryptocurrency is the fact that it is decentralised. No government has power over it. The ease to transfer fund to any part of the world is second to none. 

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