Author Topic: What are the advantages of trading Bitcoin? ---IXX Exchange  (Read 1490 times)

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Offline crystalJonesTopic starter

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What are the advantages of trading Bitcoin? ---IXX Exchange
« on: August 20, 2020, 03:57:19 AM »

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What are the advantages of trading Bitcoin? ---IXX Exchange


1. Pay freely


Any amount of money can be paid and received anytime and anywhere.  No bank holidays, no borders, no imposed restrictions.  Bitcoin allows its users full control over their money.


2. Very low cost


There are currently no or minimal fees for processing bitcoin payments.  Users can include a fee in the transaction to get priority processing and receive faster confirmation of the transaction from the network.  In addition, there are merchant processors that help merchants process transactions, convert Bitcoins into legal tender each day and deposit funds directly into merchant bank accounts.
Because these services are based on Bitcoin, they can offer much lower fees than PayPal or credit card networks.


3.Transparency of information


Transparency of information is always a priority whenever funds are transferred.  This is another big advantage of Bitcoin.  With its technology, all final deals are made available to the public.  While all transactions are available for everyone to view, your personal information is hidden.  This means that your wallet address is visible, but your details are not.  This also provides some type of security for using Bitcoin, because the protocol can't be manipulated by anyone, organization or government, which gives us the next advantage...


4. Control and safety


Control and security of your money should always be a top priority when dealing with any type of finances.  The beauty of Bitcoin is that it allows users to control their own transactions, which allows bitcoin to remain secure and hidden in your digital wallet.  Bitcoin also has protections for vendors who want to charge extra.  Since these suppliers cannot collect any fees from their customers, they must talk to consumers before adding any extra fees.  We can back up bitcoins and encrypt them to make sure your money stays safe.  No personal information is required when trading.  This helps protect users from identity theft.


5. Transparency and neutrality


All the information about the bitcoin funding itself is stored in the blockchain, and anyone can check and use it in real time.  No person or organization can control or manipulate the Bitcoin protocol because its protocol is cryptographically secure.  So we can trust bitcoin to be completely neutral, transparent and predictable.


The IXX Exchange, the world's first digital asset trading community, supports Bitcoin, Cardano, OMG, Bitcoin Cash, Ethereum, Binance Coin and hundreds of other cryptocurrencies to meet the needs of all users.    More: https://ixxex.me/user/register/?Invitor = 5849348

Offline Shital

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Re: What are the advantages of trading Bitcoin? ---IXX Exchange
« Reply #1 on: August 20, 2020, 12:12:33 PM »
With Bitcoin, merchants have fewer risks since transactions cannot be reversed, do not carry personal information, and are secure. Sellers are more protected from losses that might come from fraud. Bitcoin also allows sellers to do their business in dangerous places, where crime rates and fraud rates may be high.

 

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