What are the top advantages of using cryptocurrencies?

[mylyn2327]

1. Transparency, anyone can see its existence!
2. No inflation, it will always remain at a fixed amount and cannot increase!
3. Portability, it is easy to transfer it from one place to another without detection!
4. The transaction cannot be traced because it uses a decentralized network and cannot be tracked because it is not regulated by any organization or any central bank!

Cryptos allow you to use it anytime and anywhere you wanted. No need to worry that you might break some rules but still you need to be disciplined. And you will not be afraid cause it's transactions are safe snd and hassle free.

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[Juxiaolong]

I think the biggest advantage of cryptocurrency is freedom. I have full control over my money. I can send it anywhere in the world without having to go through a third party. This has never happened before, even if it’s electronic cash. Can't do this.

[dollarneed]

I believe that there are so many usages of cryptocurrency. But to be specific, could you please let me know the top advantages of cryptocurrency that will trigger me to invest in this industry right now?

The top advantages of cryptocurrency are decentralized, simplicity and anonymity, you have ultimate control over your asset no one can freeze or even lock it. You don't need to upload your document to start using it, sending money to all over the world with a single click. You can buy almost everything with crypto even purchasing something that even you don't want to people know, it's a useful technology in this era.

[dellmoon]

The principle favorable circumstances is free since we don't relies upon any banks these days the majority of the people groups are utilizing credit and charge card however it's anything but a commendable venture so in the event that you pick the Crypto currencies it will resembles a securities exchange whenever we will procure more benefit and fundamental preferred standpoint is totally straightforward to everybody except fiat cash isn't a potential stage.

[Zaibraid]

Here are some advantages to using crypto currency that I can summarize. In transactions using crypto currency, there is virtually no charge for each transaction made and no commission for redemption from and to any other type of crypto currency. In the transfer process on crypto currency is easy, fast, secure because without third party intermediaries. Crypto currency transactions using blockchain technology in which each transaction will be recorded in Ledger Blockchain. Until now, it is impossible to cheat and deceive the technology. No one can change the data on Ledger Blockchain including the state government though. This transfer system is peer-to-peer or directly between individuals and individuals. Other benefits of using crypto currency are the potential for future price increases, freedom in controlling our own currency, identity security, avoiding counterfeiting of money, and being able to participate in ICO. Hopefully, my explanation helps you.

[mastadonballs]

I think it's no needed to create a new thread to ask about this cause there are so many threads like this created long time ago. Go around and read before you wanna ask anything in here cause maybe what you're going to ask is available in here already . Don't make this forum become a trash can with full of trash topic

[Lingesh]

The main advantage of bitcoin is safe to transfer, we can't dependent any bank. The main advantage of bitcoin is more profit, Bitcoin giving more profit than the bank deposit, through bank deposit we can get a small amount as an Interest. But Bitcoin is a lifetime investment.

[fransxavariustintin]

The superiority offered by cryptocurrency is an easy investment and provides many options to investors, cryptocurrency offers excellent benefits, with not too much money you can get involved in this investment.

[Vatimins]

I believe that there are so many usages of cryptocurrency. But to be specific, could you please let me know the top advantages of cryptocurrency that will trigger me to invest in this industry right now?

     It ain't our duty to convince you to invest but what the hell. Now, for me personally, I have invested in this industry simply because I loved the coolness of bragging about it to my friends that I have a piece of what people are talking about. And then later on, when I saw profits, and the success stories of many in this industry, I got more into it which is why I am here.

[jackichan]

I think earning profit is the best profit for all kind of investment. Besides, there are some advantages of crypto make it different to the others. For example, individuals cryptocurrencies are digital and cannot be counterfeited or reversed arbitrarily by the sender, thus, there will no fraud here. Moreoever, it will identify theif, when you give your credit card to a merchant, you give him or her access to your full credit line, even if the transaction is for a small amount.

[Davidovic6648]

At first, there was something called trade by barter, we thought it was easier not until currency known to be generally acceptable came into being which allow exchange of values for money. But now cryptocurrrencies have arisen that trades could be done even without much stress. So its transparency is a key factor to it usefulness.

[arvind82]

There are many advantages of crypto currency like that it is independent, profitable,good projects to invest money and earn profit.Online transactions are doing easily.People are understand if clearly,no partially, and it also increase the growth of our country.'

[yohaneshs]

the top advantages in my mind is simple and secure as a transactions and investments.

[zeze18]

I believe that there are so many usages of cryptocurrency. But to be specific, could you please let me know the top advantages of cryptocurrency that will trigger me to invest in this industry right now?

one of the biggest reason why you should invest because it has access to everyone, There are approximately 2.2 billion individuals with access to the Internet or mobile phones who don’t currently have access to traditional exchange, these people are primed for the Cryptocurrency market.

[EMRO CEO]

The main advantage is that you can create your own income that not regulated by anyone. With the right research and investment you can make life pretty awesome for yourself.

[ojherpeu]

The biggest advantage is that you can protect your property from depreciation. We all know that Fiat is losing money every year. It is foolish to deposit money in banks. In addition, the development of the encrypted community may make your investment a high profit, but you should try to invest in valuable coins.

[grknondr]

For me, crypto trading eliminates middleman and makes me save money. I also like cryptocurrency because I dont want to cope with banking system. Finally, I can earn money by trading cryprocurrency

[3x1t]

Today i understood that cryptocurrency is for smart people, who don't like to be controlled by others(banks, governments, managers and so on). Also it is cool to travel from one country to another without money transfer problems. Especially it is actual for Russia))

[rohican]

Like when the first internet was discovered, he managed to connect two devices. It may not be cool because other systems can do it too. Maybe this time crypto is not cool for some people, because other systems are still there and convenient to use. But look at the internet now. Technology has no way out but just growing.

[Road445]

I think the best use of cryptocurrency at present is the convenient exchange of foreign exchange.
People in different countries can transfer money by encrypting it.