Ease of payment: Transactions using digital currencies are characterized for their convenience. Without the need to use a credit card or sign and approve other documents, the process can only be done using the digital address. Speed of trading: The process of transferring money takes some time to complete, in a matter of seconds. High
Transactions using digital currencies are characterized for their convenience. Without the need to use a credit card or sign and approve other documents, the process can only be done using the digital address. Risks – risks, buying or exchanging cryptocurrencies on online cryptocurrency exchanges. The risk of losing money while trading on Bitcoin online exchanges
At present, day-to-day cash transactions are based on a reliable, independent system for maintaining a transaction record. For example, when conducting a bank transaction, the banking system maintains a record and guarantees that the transaction is safe and reliable. Similarly, when Clementine transfers $ 5 to Bulgaria using PayPal, PayPal maintains a central record where
Although Bitcoin has these advantages, it does not mean that it is independent of threats or risks. For example (BANetBitcoin, 2016): Degree of acceptance: there is still a large part of the world population that is unaware of Bitcoin usage. Although many businesses accept cryptocurrency payments in order to benefit from the aforementioned advantages, their