What are the advantage of paying with Bitcoin

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Avatar for ARC-FORTUNE
3 years ago

but btw WHAT IS BITCOIN?

it is the famous currency now in crypto theres so many supply of this actually other country use it to buy anything in short there some country who use it as a money it show that our technology is upgrading it is valuable now because theres a pandemic it can use to lessen the case of covid 19 or they call it cash less transaction it is the one coin but it is worth a thousand dollars so i think it is good investment

Benefits of Bitcoin

1. User Autonomy

-you can control your money or you can manage by this Crypto currency Users are able to control how they spend their money without dealing with an intermediary authority like a bank or government.

2.User security

-if you buy Bitcoin your personal identity is not need you only need you cash to buy. This is not to say that bitcoin transactions are truly anonymous or entirely untraceable, but they are much less readily linked to personal identity than some traditional forms of payment

3.Eliminate bank fees

remember that if you use bitcoin in paying it lessen the hassle in bank and theres only small amount of fees in bank almost $1 to$3 the fees but in bitcoin is small and else it is convenient because you can send via your phone even in other part of world

4. Mobile Payments

like what i said in number 3 it is very convenient because you can use your phone to transact it is a good deal even theres a pandemic you can send a money without going out i think it is the one important of mobile payment you can pay bills with bitcoin

i hope you learn something in the topic

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3 years ago

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