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Author Topic: Advantage of crypto payments system over traditional.  (Read 6675 times)

Offline Arendra

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Re: Advantage of crypto payments system over traditional.
« Reply #15 on: October 29, 2020, 12:42:27 AM »
Of course, in crypto users will feel more free to manage their assets. And this makes a lot of people interested. I think crypto is very flexible and also interesting. Besides being more profitable than the traditional system that we have used so far.
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Re: Advantage of crypto payments system over traditional.
« Reply #15 on: October 29, 2020, 12:42:27 AM »

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Offline @amadi

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Re: Advantage of crypto payments system over traditional.
« Reply #17 on: October 29, 2020, 03:17:16 PM »
There are lots of advantage. You are your own bank and can make payments at any day, time not from the comfort of your home. All you need is access to the internet and you are fine

Offline Jaguar

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Re: Advantage of crypto payments system over traditional.
« Reply #18 on: October 29, 2020, 03:42:48 PM »
Traditional was from old system payment method using pen, papers, calculator, signature, and usually it is through the counter. Person to person process. More information need to verify just to identify that you are that person. Today, the payment system is revolutionizing just tip of finger your transaction was already done. This is because of the means of technology. The errors lessen. The accuracy is higher than the actual system. Hacking is the disadvantage of this method.

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Re: Advantage of crypto payments system over traditional.
« Reply #19 on: October 29, 2020, 06:08:34 PM »
easier to use and has a high speed.
I don't think that crypto payment is easy to use by all people. But I agree that it is quite fast in speed, also no need the third parties. Crypto payment is a great solution for modern life. We can pay ourselves without the need for third parties anymore. You must know well about this advantage.

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Offline cryptopediabd

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Re: Advantage of crypto payments system over traditional.
« Reply #20 on: October 29, 2020, 06:09:59 PM »
Traditional payment systems have all kinds of built-in limits, checks, human errors and legal boundaries. That being said, all of the above works against the client, always. In crypto, however, everything is in the hands of the users. This is why the main cause of its growth in popularity is how it offers independence in handling your finances!
Yeah  r right dude. Cryptocurrency payment making fabulous impact.
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Offline bigcash2011

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Re: Advantage of crypto payments system over traditional.
« Reply #21 on: October 29, 2020, 07:54:51 PM »
Do not forget about high fee, comissions and service charges taken by traditional payments, banking or remittance services. Banking sector is really exploiting users by charging high interest rates while giving back small amount to depositors. So i want and support decentralized crypto ecosystem for everything related to payments, transfers, remittance, banking and finance.

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Re: Advantage of crypto payments system over traditional.
« Reply #21 on: October 29, 2020, 07:54:51 PM »


Offline vegasus

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Re: Advantage of crypto payments system over traditional.
« Reply #22 on: October 29, 2020, 10:24:21 PM »
Advantages of payment using cryptocurrencies compared to traditional or cash:
1. crypto is for global payment method without complicated rules
2. It can be used for very easy and simple global payment method
3. The crypto can be one of the payment methods that offer payment in worldwide and they are trusted, speedy, and also of course without complicated regulation

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Re: Advantage of crypto payments system over traditional.
« Reply #23 on: October 30, 2020, 12:19:28 PM »
The gap between the advantages of crypto payments system over the traditional payments system is very wide. That is why people needs to get more and more awareness on the advantages that blockchain and cryptocurrencies have over traditional systems.

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Re: Advantage of crypto payments system over traditional.
« Reply #24 on: October 30, 2020, 01:41:01 PM »
This crypto system is indeed simpler and more demanding for us to be independent. Because we are the ones who will determine the assets and how we manage them. So full control is in yourself. and this actually has a positive and a negative for us.
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Offline Thymoty

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Re: Advantage of crypto payments system over traditional.
« Reply #25 on: October 31, 2020, 05:01:03 PM »
Traditional payment systems have all kinds of built-in limits, checks, human errors and legal boundaries. That being said, all of the above works against the client, always. In crypto, however, everything is in the hands of the users. This is why the main cause of its growth in popularity is how it offers independence in handling your finances!

Yes, there are many benefits provided by cryptocurrency, for example faster transactions, free of third parties, etc. However, at this point in time, we cannot fully depend on cryptocurrency because the government has not yet regulated cryptocurrency. It would be great if the government started adopting cryptocurrency, so that more and more people could experience the benefits of crypto.
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Re: Advantage of crypto payments system over traditional.
« Reply #26 on: November 01, 2020, 03:35:48 PM »
This is both good and bad. If you lose access to your wallet, you will lose money and no one will be able to help you. They can also steal your wallet and the fraudster can't be found.

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Re: Advantage of crypto payments system over traditional.
« Reply #27 on: November 01, 2020, 03:50:37 PM »
crypto is done electronically so I think it's more faster than traditional one. The transaction fees is sometimes lower. one much not get error over destination address cause it might wipe out your payment and will not reach to them.
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Re: Advantage of crypto payments system over traditional.
« Reply #28 on: November 01, 2020, 04:19:51 PM »
More faster. Direct to the point. Time saver. Navigation and usability. Also it is done just through your gadgets.

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Re: Advantage of crypto payments system over traditional.
« Reply #29 on: November 02, 2020, 03:44:00 PM »
Cryptocurrency is a modern payment technology that has many advantages when compared to traditional payments, but despite the fact that many people even countries have not accepted it.  Even though with Crypto we can easily make transactions, without the need for third party assistance at very low costs.
What's wrong with cryptocurrency, so that many people don't accept it?

 

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