Advantages of Cryptocurrency

[Moontong 5312]

On 3/6/2020 at 12:44 AM, Nezar said:

I agree with you with everything you say. The cryptocurrency is also independent. No one can control it, in addition to the speedy completion of transactions and the high prices you reach.

Yeah, cryptocurrency is decentralized which eans no one ontrols t, there is no authorities or government here. We are the one who are reponsible for our own money. 

[Ashsh 1446]

There are many advantages to digital currencies

Just thinking that you are free and not bound makes you happy

You can trade in digital currencies completely freely without the intervention of banks or countries

You can stay away from taxes

In addition to sending your money anywhere with complete speed and confidence

[Moontong 5312]

On 8/26/2020 at 4:48 PM, rebecca4 said:

You do not need to provide any documents to start using cryptocurrency, but banks are an account that you have to prove yourself with some personal information when you do not want to open. We can increase our earnings with cryptocurrency and withdraw and deposit it very Easy. If they are as safe as the bank, the bank can be better.
 

We only need to provide our personal identity whenever we create a crypto wallet, which is important and you have to provide your legit information to avoid any problem but don't you ever give it to an unknown website.

[percare 3192]

On 3/5/2020 at 10:59 AM, mikealexisj said:

I think the advantages of cryptocurrency are it being fast and reliable unlike banks when you withdraw or deposit it takes time. 

It is the way you describe it that the banks take a long time for out of border transactions to reach and also they act as middle men that control our funds. With crypto everything is faster.

[kryptonick 2659]

You are right mate that cryptocurrencies are fast and safe way to transact. There are some drawbacks too because the place is full of scammers that try to steal from everyone and especially target beginners.

[gourav789 2834]

ofcource , alot of big invester also used Crypto currency for payment purpose ( because their isn't too much transcation fees ) .

alternatively Crypto currency is one of the biggest platform for makes a good income , if we have enough experience in trading and other Field .

[Moontong 5312]

On 3/6/2020 at 11:59 AM, George10 said:

There are many advantages of cryptocurrency out there like helping for online payments and also helping financially.

Those are the things that we can do to cryptocurrency, it is really helpful and useful for everyone who has it. They can spend it online or they can convert it into fiat currency so they will have money to spend in real life.

[bino 3576]

On 8/28/2020 at 9:58 PM, Moontong said:

Yeah, cryptocurrency is decentralized which eans no one ontrols t, there is no authorities or government here. We are the one who are reponsible for our own money. 

That's a good thing about Cryptocurrency is that no one holding or owned it. Its our own responsibility how we use our money. Sadly, when you get scammed or hack, no one can help you to your lost.

[Mella 3680]

Yes my friend I am also think that the instant part of senting money make the crypto best. With bank you send money and it takes days to deposit. Also banks can block account and you have to call them visit a bank store and give them new private documents and answer to their questions. They hold the money and I think that they think that it is their money and ask all these questions.

[Fixfin 2569]

Hello, first post here trying to escape the newbie prison and have to finish 100 posts. I am in crypto for three years and I understand some facts but mostly here because I think that cryptocurrencies will be able to become very adopted and used by billions.

This because it is modern technology of money and ahead of anything the fiat offers. It can be the future and we see some countries try to delay it but they can't stop crypto.

[Marks33 535]

Crypto has many advantages because in crypto world you can do your transaction without requesting any personal information or documents. Crypto transactions is faster than bank transactions. One more advantage of crypto transactions is worldwide not like a banks that is within a country.

Edited September 13, 2020 by Marks33

[yash shukla 99]

There are many advantages of cryptocurrency as you can earn money online just by investing 2 to 3 hours a day and its worth of time its lightning fast withdrawals and many more

[Roan 2166]

The advantages of digital currencies cannot be limited to time

The advantages of digital currencies are many. I will mention some of them to you

Digital currencies are not followed by governments or subject to censorship, and this gives us great comfort in dealing and trading with great ease

You can send cryptocurrencies anywhere in the world quickly and without costs or fees

You can keep your digital currencies in your own e-wallet, and this allows you to monitor your funds and execute the withdrawal process when needed

[Alex9876r 1408]

Of course, the use of cryptocurrencies in payment and transfer operations is better, faster and less expensive than using traditional transfers in fiat currencies and by banks, and of course the cryptocurrency market, in my opinion, is more profitable and faster than the Forex or stock market.

[yonkii 3205]

I love this too for cryptocurrency we can send and receive very fast and the banks are very old now and use old computer with slow speed and not good internet as vpn to transfer the data fast because they are most work with old account books and they will soon all be shut down as they are useless. 

 

Cryptocurency is the future and even if we are not allowed to use and it is banned in our country we will still use it and they won't know because they can't stop it and can't control it.

[Sanjana321 6]

Cryptotalk currency have both advantage and disadvantage also we can transfer fund so quickly than a bank transaction. It could support our financial background it helps to improve our daily expenses.

[Shaheer16 908]

Cryptocurrency is a fast and reliable currency, unlike the banks the transfer of money take time but not in cryptocurrency. The price of cryptocurrencies change every day some times it goes very high. Cryptocurrency is also very secure as compare to bank notes.

[peter55 459]

Yes, my friend, the cryptocurrencies are great and easy to deal with, as you can transfer any amount at any time and without a long transaction like those that happen in banks, but also cryptocurrencies are very dangerous and easy to swindle and fraud. You have to be careful in dealing with people in this field.

[Pathakayush 213]

The biggest advantage of cryptocurrency is that it changes every time and it's unpredictable and I am telling you all mark my words this is the future of this world. So learn as much as you can about this.

[Habibajahan299333 24]

The advantage of cryptocurrency is that you can make more money in a very short time by trading or investing using cryptocurrency.  Moreover, cryptocurrency has been used as a payment system in several shopping points.

[nelix74 18]

Hello! I think cryptocurrencies have many advantages over traditional currencies. For example: speed, anonymity, ease of use!

[martcoinn 31]

With cryptocurrencies you are your own bank. Anonymity is priceless. Transactions are immediate and low-fee. This is just the beginning of a great future that is coming.

[energyl33t 443]

I think cryptocurrency advantages is to opening new ways to earn money, most of people who working with crypto making big money. For example trading, people who working with it making more money than people at the real jobs.

[Jromz 2158]

Cryptocurrency possess a number of significant advantages compared to the traditional financial systems. The most important one in my opinion is decentralisation, meaning no central entity is behind the process of emission and distribution of cryptocurrency. Also important, many cryptocurrencies follow a deflationary model as opposed to traditional currency, which broadly implies that there is a set amount of circulating tokens, thus it is not possible that the value of currency would reduce over time. These are great advantages along lower fees and faster payments. 

[nodrew27 14]

Cryptocurrencies have their good and bad things but really among their good things are their fast transactions, anyone can use them and they are recognized worldwide, some with more recognition than others but in the end they allow us to make purchases or make a fund for some goal that we have, they are very good to invest and it is a quite interesting world