Advantages of paying with Bitcoin

[ocid]

Paying with bitcoin is certainly one of the payment alternatives nowadays. In addition to easy to use, payment using bitcoin is more practical than other payment methods, we just need a gadget and then scan the qr code then the payment can be easier to use. But bitcoin payments are not much done in my country right now because bitcoin is not so popular here.

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[coingrow]

I like to take payments in bitcoin as it is grwoing in value versus dollar with time.

[Jembut Ireng]

When compared with the conventional payment system that is the bank then many benefits of bitcoin, for example is cheaper cost, safer and of course faster. bank transfer overseas takes at least 3 days, but with bitcoin enough with 15 minutes.

[Vannie12]

For me there are few advantages because it is not accepted widely. Some of these are faster transactions, direct services, easily convertible to fiat, flexible commodity that may be used as payment, gambling, trading and very profitable.

[carlisle1]

For me there are few advantages because it is not accepted widely. Some of these are faster transactions, direct services, easily convertible to fiat, flexible commodity that may be used as payment, gambling, trading and very profitable.

well those are the advantage especially for those people who do understand how the system works, if you can use btc in any online service there's an easy
access from some business that cater btc payment while if you are going trade you are able to do it quicker as well.

[swscowods]

For me its best to buy using bitcoin or any other cryptocurrency if the seller is capable of such feature due to this following reasons:
1. The item you bought would be cheaper, since the product will not be charged with tax. In our country tax for purchases is usually at 12%, so by neglecting that amount buyer can really save a lot.
2. Faster transaction especially for me since i dont have credit cards, therefore the only way for me to buy an item online is go to an exchanger and pay them in fiat. Even COD i still have to prepare the necessary amount of fiat beforehand. So with bitcoin there is less hassle.
3. Anonymity, but I am not badly in need for this feature since the item I am buying are legal in nature
These are my reasons why I use bitcoin in some of my purchases.

All true that you mentioned here. I feel the payments with bitcoin will make the trading easy. Because you can buy anything anywhere in the world and can pay your bills through your bitcoin wallet. Other advantage is that you do not need to change the currency into the required one that of the other country.

Just buy the commodities and other things you need and pay your bills through the internet from your bitcoin wallet.

Bitcoin was basically made for large transactions so that a person can make them in low or cheap rates at a fast speed across the world, anywhere he desires to. With time, it became famous and more people start using it for micro payments also due to the ease of making purchase.

[kucritt]

advantage of paying with bitcoin is its easy to use, everybody that have address can use it freedomly, and its directed into the receiver, we can see that transaction anytime and anywhere

[John Wick]

So today I purchased web hosting from Namecheap using Bitcoin and it was incredibly cheap, simple and best of all, anonymous. When it comes to website ownership, depending on the kinds of sites you are building, this can be an important thing.

One of the reasons why Bitcoin took off initially was because of its privacy and anonymity benefits. Back then there were so few places where you could actually spend Bitcoin, so people ended up purchasing illegal things to test out the platform.

Now, we can see and trust definite advantages that Bitcoin as a technology brings - secure store of value, anonymity, global/universal currency, transparency (blockchain), software apps can be built on top, etc

but I really just wanted to get your opinion...

What are some advantages of paying with Bitcoin?

Almost zero tax, only some transaction tx fees for it.

No trace for other people, they don't undestand where we're sending the money to. No time lost during the transfers, they're relatively fast.

[medha2009]

I think we can pay money in any shopping mall through Bitcoin and this is a great way, we can buy things that we buy using Bitcoin, but overall, this is a good idea and not a wise choice because you You can pay things to Bitcoin then you get the chance to earn more money by holding that bitcoin Bitcoin is a digital currency is the latest hayatabe sent.

[MakeMoneyBtc]

Of ourse there are a lot of advantages to pay with bitcoin.
First of all is the anonymity, you can buy anything without revealing your name or adress. The next aadvantage is the lower fee, especially for big transactions of 2000$-3000$, you pay only 20-30$ instead of 5-6% or even more depending of payment method.

[BitFinnese]

Of ourse there are a lot of advantages to pay with bitcoin.
First of all is the anonymity, you can buy anything without revealing your name or adress. The next aadvantage is the lower fee, especially for big transactions of 2000$-3000$, you pay only 20-30$ instead of 5-6% or even more depending of payment method.

I do not think anonymity is in Bitcoin.  Once you link your profile to an address, your identity will be revealed if an authority asked for it to the site you linked your identity.  The advantage of paying with Bitcoin is that theft won't intercept your payment.  You do not need bank to process your transaction and it is easy as one click.

[buharikx31]

The biggest advantage for me that if you are sending a transaction with bitcoin you don't need to pay taxes 10-25% sending transactions without showing your personal information, because platforms always ask your info

[romeitaly]

The advantages of paying with bitcoins are: (1) it is easy, (2) faster, and (3) safe. First it is easy because the transactions you are making here in bitcoins is only done through the internet; you just need an internet connection to finish it. It is fast because unlike in traditional transactions, it really takes time and safe, because younare sure that it will be sent and no one will be stealing it.

[Kisanaq]

Of ourse there are a lot of advantages to pay with bitcoin.
First of all is the anonymity, you can buy anything without revealing your name or adress. The next aadvantage is the lower fee, especially for big transactions of 2000$-3000$, you pay only 20-30$ instead of 5-6% or even more depending of payment method.

Which definitely benefits with bitcoin payment with transaction costs are cheaper than any payment system such as banks, credit cards, or paypal. besides the cheaper cost we do not need to send proof of payment confirmation because it is automatically detected by the blockchain system.

[aryaadikariyansyahsuwarto]

the advantage of paying with bitcoin directly I have never felt it, because in my country there is no place (bank) specifically to exchange bitcoin or there is no sale place to pay bitcoin, maybe because here bitcoin still illegal or something. The most important thing I ever exchange bitcoin with currency, and the results can I shop for daily needs

[Clavulanic]

The advantages of paying with bitcoins are: (1) it is easy, (2) faster, and (3) safe. First it is easy because the transactions you are making here in bitcoins is only done through the internet; you just need an internet connection to finish it. It is fast because unlike in traditional transactions, it really takes time and safe, because younare sure that it will be sent and no one will be stealing it.

Fast transactions and good service is the main reasins why people choose this type of payments, and hassle can be eliminated compared of over the counter payments. As you've said safety is the most impressive feature of bitcoin payments online specially mobile # loading and online bills payment system.

[Jose Mourinho]

The advantages of paying with bitcoins are: (1) it is easy, (2) faster, and (3) safe. First it is easy because the transactions you are making here in bitcoins is only done through the internet; you just need an internet connection to finish it. It is fast because unlike in traditional transactions, it really takes time and safe, because younare sure that it will be sent and no one will be stealing it.

Fast transactions and good service is the main reasins why people choose this type of payments, and hassle can be eliminated compared of over the counter payments. As you've said safety is the most impressive feature of bitcoin payments online specially mobile # loading and online bills payment system.

Yes true, bitcoin transactions to the world faster than western union or transfer banks, this is the main force bitcoin so many people choose so everyone likes and want to use bitcoin.

[DoublerHunter]

The advantages of paying with bitcoins are: (1) it is easy, (2) faster, and (3) safe. First it is easy because the transactions you are making here in bitcoins is only done through the internet; you just need an internet connection to finish it. It is fast because unlike in traditional transactions, it really takes time and safe, because younare sure that it will be sent and no one will be stealing it.

Fast transactions and good service is the main reasins why people choose this type of payments, and hassle can be eliminated compared of over the counter payments. As you've said safety is the most impressive feature of bitcoin payments online specially mobile # loading and online bills payment system.

Yes true, bitcoin transactions to the world faster than western union or transfer banks, this is the main force bitcoin so many people choose so everyone likes and want to use bitcoin.

People are just going crazy to bitcoin because they know that bitcoin is a very profitable currency that they can use in their wants and they can use it as a job that will help them to generate money and it is so much faster than stock market investing because in stock market it needs a lot of years before you gain huge amount of money but in bitcoin, it only takes a few months.

[hyunee]

There are so many advantages in bitcoin. Not just un paying bills or anything. But paying is the number one. Well it is so easy to pay bills using bitcoin. You don't have to go to any payment center to pay your bills. Just click your bitcoin app, follow instructions and then your bills has been paid.

[jsscswan]

As you explain, the benefit of paying with bitcoin is its confidentiality and anonymity. But in my country it is rare to use bitcoin As a direct payment tool, the average bitcoin user in my country will exchange bitcoin.