what are the advantages of cryptocurrency?

[Domithra]

help to purchase stuffs online. your turn

[nigeInvest]

Decentralization
Deflation
Anonymity
Price increase

[Chilwell]

Cryptocurrencies provide multiple values and benefits to the humanity, fostering economics development and growth. It is reducing inflationary pressures and maximize financial inclusion, the transactions charges is low, it is permanently accessible worldwide, it is decentralized and it is peer to peer transactions, no intermediaries or third-parties are involved, it's provide easy and faster transaction and all transactions are efficient and reliable, It keeps permanent and unalterable records.

 It is very secured and flexible. It gives individuals the ability to purchase goods and services online, promoting e-commerce, Cryptocurrencies has really promoted the economic, Despite not being legal tender in some countries, cryptocurrencies have significantly facilitated transactions, reduced expenses due to lower prices, and increased financial accessibility.

[albon]

One difference is that there is no need for an intermediary institution iea bank to get these coins into your hands. In theory, you would exchange digital currency electronically in the same way that you would exchange paper currency with another person. Crypto is providing a lot of benefits to human life development activities but its benefits are not common in all countries. It empowers individuals to buy goods and services online so if crypto is legalized in your country you will get many services. There will come a time when you can use crypto currency abroad and enjoy its benefits in any country.