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Cryptocurrency discussions / Using crypto payment platforms have more benefits than using other fiat currency
« on: April 26, 2022, 02:23:25 PM »
Fiat money may have the advantage in today’s financial world, but that doesn’t mean crypto can’t find a comfortable place in the transactional economy. From many days I have seen that many e-commerce giants and big brands are now adding crypto payments to their business.
Let's have a look at some of the benefits of crypto payment;
- crypto payments are secured
- faster cross border settlements
- less transaction and conversion fee
Do these types of advantages mean you should make the switch to crypto payments?
I wouldn’t go that far. Even when we discount a popular crypto Bitcoin as a viable form of payment, there are still Crypto coins that are more like cash (known as stable coins) and are designed to be spent and used...but it’s early days.
How do you see the use of crypto payments in the next few years?
Let's have a look at some of the benefits of crypto payment;
- crypto payments are secured
- faster cross border settlements
- less transaction and conversion fee
Do these types of advantages mean you should make the switch to crypto payments?
I wouldn’t go that far. Even when we discount a popular crypto Bitcoin as a viable form of payment, there are still Crypto coins that are more like cash (known as stable coins) and are designed to be spent and used...but it’s early days.
How do you see the use of crypto payments in the next few years?