The business benefits of Cryptocurrency .

[Ogbest]

What really matters is how prepared and the amount of money you have at hand as of that particular period. You can start up any business of ur choice once you have enough money, unless you are talking about seasonal business here then we know how to handle it.

 

[Klashlly]

The business benefits of Cryptocurrency.​

Lower fees – Transaction fees are lower with bitcoin than with credit cards, and when cryptocurrency is not exchanged, it also eliminates the need for bank charges.
Fraud reduction – A payment made with bitcoin cannot be reversed after the fact

 

[Azhar119]

In traditional business dealings, brokers, agents, and legal representatives can add significant complication and expense to what should otherwise be a straightforward transaction. There’s paperwork, brokerage fees, commissions, and any number of other special conditions which may apply.

 

[Asad Ali]

With respect to the advantage of cryptocurrencies. Well, some of the investors have already been blessed by cryptocurrencies and still benefit from it. The volatile nature of Cryptocurrency is so much that it rises and falls, but it does more than harm, it has given a way to invest your funds and you have a fair pay-back in the long run and trading is also the case.

 

[btaliat]

The very best advantage of the cryptocurrencies will be the fact that it is not monitored by the government. Government doesn't have the right over the finances of the individual. So, no unnecessary tax that they they won't use to develop the country

 

[Setho]

Especially if your business has or usually attracts international customers, it is good to incorporate bitcoin in it because you will spend less on charges to send funds or receive funds from people in other countries. It is also much more faster as some transfers can take days or weeks in order to reach the intended destination. Another beauty is that crypto transactiins cannot be reversed.

 

[MercySmith]

Crypto currency is a good business that can earn you massive profit. It is very profitable to go into it. With the right knowledge and skill, you will make a whole lot of profit. So yes i agree that going into crypto currency is a good business.

 

[Mechi]

As cryptocurrencies such as bitcoin are used more and more in day-to-day business transactions, we look at some of the distinct advantages they can offer over more traditional forms of payment.

 

[Victor001]

The business benefits of cryptocurrency.
* Lower fees-Transaction fees are lower with bitcoin than with credit cards,and when crytocurrency is not exchanged,it also eliminates the need for bank charges.
* Fraud reduction-A payment made with bitcoin cannot be reversed after the fact.

The business benefits of cryptocurrency.
* Lower fees-Transaction fees are lower with bitcoin than with credit cards,and when crytocurrency is not exchanged,it also eliminates the need for bank charges.
* Fraud reduction-A payment made with bitcoin cannot be reversed after the fact.

Crypto currency avails you the opportunity to earn money independently and also work from anywhere,crypto business is lucrative because it's not limited to a given set of people, rather it's widely acceptable,making it very versatile.

 

[Dubai]

The business benefits of cryptocurrency.
* Lower fees-Transaction fees are lower with bitcoin than with credit cards,and when crytocurrency is not exchanged,it also eliminates the need for bank charges.
* Fraud reduction-A payment made with bitcoin cannot be reversed after the fact.

I believe it helps in armed robbery reduction too. Imagine if a business collects only Bitcoin from her customers, then it would save them from being robbed. That is, whenever there is a robbery attack, because their money is in the crypto wallet, it prevents them from losing money and being robbed. They do not need to physically move cash in large quantities.

 

[Goodday]

The main benefit of crypto currency to businesses is that it is the best asset now for businesses to use as reserves and also to protect their wealth from inflation in the near future. Apart from this, the business can also drive good revenue from Investing in crypto currencies.

 

[Adetayo100]

The currency has so many advantages over a normal currency and some of them are as follows cryptocurrency as Less fees for international transfers unlike ban international transfers that gallops a lot of fees.

Crypto currencies is the future of money you can absolutely do any transactions with bitcoins and other crypto currency like shopping in sites like Amazon and the rest and there transactions fee are absolutely cheap.

 

[FreshKaz11]

The business benefits of cryptocurrency.
* Lower fees-Transaction fees are lower with bitcoin than with credit cards,and when crytocurrency is not exchanged,it also eliminates the need for bank charges.
* Fraud reduction-A payment made with bitcoin cannot be reversed after the fact.

That's why I am always scared when it I want to do a business with someone I meet online but saying we could only transact through bitcoin...

It always scared me because one it cant be trace incase the business didn't go as I wanted ..so the risk as as much as the benefit of it as well..

 

[Chibson]

Many big businesses are fast adapting the use of cryptocurrency as a payment method. Cryptocurrency has provided a faster, secure and easier way of payment.
Paying with cryptocurrency is much more easier than paying with credit cards. So truly, cryptocurrency is the future.

 

[Adegbindin deborah]

The currency have so many fraud reduction that has been mentioned. Some people believed that there are plenty benefit in crypto currency but some of them don't because the advantages of digital currencies possecess is more than enough but one has to be careful of the app one choose to do that especially how they are advanced in technology now someone has to be careful about that like me except that have stop fraud that is what some people will say which is impossibleinternational ban of crypto currency.

 

[Tundeoguns1]

There are some benefits attached to cryptocurreny. Number one, it easy for perform transactions on it and the transaction are more confidential, two, there is low transaction fee attached to the transaction and individual makes apart from the use of bitcoin and ethereum, three, it has been a financial breakthrough for people who have invested in it

 

[Yasmin]

As cryptocurrency becomes more widely embraced, businesses should be keeping a close eye on how this technology develops and consider how it could be used to their advantage. If you’re new to blockchain, cryptocurrency and bitcoin, take a look at the guide from Sage below on how bitcoin works.

 

[George10640]

Bitcoin charges varies a lot .If there could be a stable rate to stick with when withdrawing or depositing,then using cryptocurrencies could be the easiest way.Of course we must experience the pros and cons of every payment system we use.Crypto anyway is one of the best yet It hasn't been in the market for long so its future is great.

 

[MarieArie]

Cryptocurrency use faces tremendous government resistance because the money is decentralized. This suggests that no central government authority exists. The decentralized existence of digital currency makes some people think that central banks and national stability are challenged by this latest payment form.

 

[Afrinish]

advantages of cryptocurrency transactions is that they are one-to-one affairs, taking place on a peer-to-peer networking structure that makes “cutting out the middle man” a standard practice. This leads to greater clarity in establishing audit trails, less confusion over who should pay what to whom, and greater accountability, in that the two parties involved in a transaction each know who they are.