Advantages of Cryptocurrency

[elkaram 19]

Very easy to use, you can trade with very low funds under 1 cent, fast to deposit and withdraw and have plenty of markets to trade

[Yosneiber Lopez 79]

One of the advantages of cryptocurrencies is that you save time and money; Since it can be sent anywhere in the world super fast and without so many commissions; as you can also earn an additional income allows working with them earning a percentage easily operating 🙂

[Oscar Polanco 66]

That is true, besides that with cryptocurrencies you can do many things to win, such as trading in binance, and the best thing is that bitcoin is not controlled by banks and that is a great advantage

[Nicole018 4548]

There are numerous advantages that come with this crypto platform. firstly the users are earning cryptocurrencies and digital coin such as Bitcoins that can be definitely useful in the long term for earning huge amount of money. secondly they are able to create good quality content and also gain knowledge and information about other investment strategies that are on the internet.

[futbol 59]

On 5/3/2020 at 4:59, mikealexisj said:

Creo que las ventajas de las criptomonedas son que son rápidas y confiables, a diferencia de los bancos, cuando retiras o depositas, lleva tiempo. 

For me, the advantages of cryptocurrencies lie in the fact that they are a mainly decentralized alternative and due to that characteristic they are not within the reach of any government that can manipulate or modify their value, as if it happens with the currency of any country. For that very fact, cryptocurrencies are a refuge for the value of our money because by not being affected by the return of FIAT currencies we can preserve the value of our savings.
Another relevant aspect is the issue of privacy. When making any transaction, no one will know that these funds are yours or that you made that movement or to whom you have sent it, for that reason the blockain through the wallet addresses make all these operations encryptable and private.
The greatest benefit that we have all ever experienced with cryptocurrencies is that speed when we send or receive a payment, although this does not happen in all currencies, it is undoubtedly a favorable alternative for us users.
Finally, due to the very nature of value that each currency stores, it makes it possible for anyone to generate money with them, whatever the currency. Thanks to cryptos, many people can improve their economic situation without the need to go into debt.

[Ozykalu2020 26]

The fastness of cryptocurrency transactions is a good advantage of cryptocurrency over fiat but it is not the main advantage. The main advantage is the decentralised nature of cryptocurrency, that means it is out of reach of Governments. 

[FeDa2110 76]

The most important advantage in my opinion is the Blockchain
They are safe
They are transparent
Some are deflationary (like Bitcoin)
Transactions are supposed to be irreversible
They are usually fast (although they are affected by some factors)
Its use is international
They are decentralized
Its technology and open source allow many other applications for the same

[Bila1980 0]

One advantages of cryptocurrency makes international trade more accessible by removing barriers and restrictions to trade, ultimately making it easier to accept payments in different currencies.

[KrieG 111]

The advantages are:it`s free,there is no need to invest to earn good money, it is very cheap to make transactions, you have all your money, you are the same bank and the transactions do not take more than 5 minutes in many cryptos, greetings.

[grite48 30]

 For me, an important advantage of cryptocurrencies is their partial anonymity.
 It's also cool that in order to use cryptocurrency you don't need a bundle of documents and a contract - you create a wallet and use it. 

 Another plus is the fact that you can make good money on the cryptocurrency.

Edited October 10, 2020 by grite48
Text correcting

[caeb2009 154]

On 3/5/2020 at 4:59 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. 

besides I think that slowly it will become in the form pay and withdraw of ever people due to the these
reasons

[VH555 23]

One of most important advantages is speed. Thanks to the advancet technology and crypto coins, you can trasfer money anywhere in seconds and you don't have to wait for minutes for processing. Another advantage is that there are no restrictions on time and space. Since you don't carry crypto coins with you in cash or with a card ,your security risk is less and it is easier to carry. Crypto coins are seen as a new investment area. Therefore, it would nor be wrong to say that it promises the future and that you can make gains with rational moves. 

The most important disadvantage is that there is no goverment that fully recognizes and stands behind cryptocurrencies, so when you encounter any problems, it is very difficult to seek your legal rights. Another disadvantage is that there are still companies in the world that resist this type of currency, don't know much about it and therefore don't trust it. Therefore, it has a much lower usage rate than real money.

[AngelMarcano30 29]

What I always keep in mind is that through it you can invest money to eventually multiply it, despite the risks involved in investing in cryptomonies I believe it is worth it.

[ChupriN03 53]

I think that the Cryptocurrency have a lot of advantages! so the first is that you can make transferation for other person and you just wait 5 minutes or less, the second is the safety that it is cause nobody have the control, and other of advantages is that you can make more money that you invest here! so you have many of advantages to start in this world!

[RubDario 122]

Well, there are many of the advantages that cryptocurrencies have, fast shipments, greater security, very low commissions for sending, there is no devaluation of money in this case it is increasing, there is no inflation of money, and many other things that are very beneficial.

[Cryptpanda 153]

There are many advantages of cryptocurrency. Cryptocurrency is a decentralised platform for digital assets. Cryptocurrency is in soft form and increasing day by day very fastly

[cosinusrobin3 0]

Thank you for sharing info

[Sour cherry 34]

Firstly, working in field of cryptocurrency makes you free. You don't depend on anyone but yourself. Secondly, it gives you an opportunity to earn big money if you start investing a little amount of money. 

Edited October 10, 2020 by Sour cherry

[Longs 12]

Cryptocurrency is the future. It is only a matter of time before all currencies in the world switch to digital currency. The beginning was made by Bitcoin. This is now being accelerated by Corona.

[minoooo5 76]

I think that the encrypted currency has great advantages, as it is fast and reliable, and you do not need to submit documents to start using the encrypted currency, unlike banks that ask you for documents and personal information, and the conversion of the cryptocurrency is easily reversed by banks that require time for withdrawal and deposit, and it is also decentralized.

[ganandoconyago 15]

On 3/5/2020 at 3:59 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. 

Yes, they are fast and reliable unlike banks, and with these you can also get better benefits in the long term, when the markets grow

[Jeancarlossnow 25]

Advantages of cryptocurrencies

 

They are global currencies. ...

 

They are safe. ...

 

Some cryptocurrencies are deflationary. ...

 

They have irreversible transactions. ...

 

They are characterized by their immediacy. ...

 

They are transparent. ...

 

Possible loss of money. ...

 

Changes and lack of regulation.

[david51 44]

less fees, fast transaction confirmation, security, safety are advantages of cryptocurrencies

Edited October 10, 2020 by david51

[emhamed 62]

Yes, it is true. There are many advantages to cryptocurrencies. Really, this is great

[murataslan61 44]

there is only one advantage for this system is fast exchange in 24 hours. for example real currency dont have this and not a 24 hours.