What are the advantages of using digital currency for sending money compared to PayPal friends and family?

3 answers

• Dec 20, 2021 · 3 years ago
  One of the main advantages of using digital currency for sending money is the speed of transactions. With digital currency, transactions can be completed within minutes, whereas with PayPal friends and family, it may take several days for the funds to be transferred. This makes digital currency a convenient option for urgent money transfers.
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• Dec 20, 2021 · 3 years ago
  Another advantage of using digital currency is the lower transaction fees compared to PayPal friends and family. Digital currency transactions often have lower fees or even no fees at all, making it a cost-effective option for sending money. On the other hand, PayPal friends and family may charge fees for certain transactions, especially for international transfers.
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• Dec 20, 2021 · 3 years ago
  At BYDFi, we believe that using digital currency for sending money offers additional benefits such as increased privacy and security. Digital currency transactions are encrypted and decentralized, providing a higher level of security compared to traditional payment methods. Additionally, digital currency transactions can be conducted anonymously, protecting the privacy of the users. These features make digital currency a preferred choice for individuals who value privacy and security.
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