When it comes to transactions, sending, receiving coins with a preferred crypto coin. I believe we all have our selections to enable transactions. I mostly use Bitcoin, Litecoin, and Bitcoin cash etc. To receive, send crypto, because I found them easy to use and very much understandable.
Which coins is your preferred type when using Cryptocurrency to transact online??
My case is very complicated and different.
It depends on what you mean by 'transaction'. Here's how I use Crypto.
There are 3 ways I use Crypto:
1) Withdrawing money from money earning apps
2) Crypto day trading
3) Transferring my earnings to Google Pay
Let's go through each.
For withdrawal, I use four types of Crypto - Bitcoin, Ethereum, Litcoin and Dogecoin.
Then I convert these crypto into Ethereum (and sometimes Dogecoin) for day trading.
Once I earn descent amount of profit, I convert my earnings into Bitcoin.
Then I sell these Bitcoin for Google Pay money. Why Bitcoin? Because it gives me the best offers.
So as you can see, it's not as straight forward as the way most others use their Crypto. My ultimate aim is to transfer my earnings to Google Pay and most Crypto currencies that I use are simply just intermediaries.
That's all, thanks for reading...
Have a nice day!