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What are the best digital currencies for world transfer in 2018?

avatarMaria KurriDec 19, 2021 · 3 years ago3 answers

In 2018, with the rise of digital currencies, many people are looking for the best options for transferring money across the world. Which digital currencies are considered the best for international transfers in terms of speed, cost, and security? What are the advantages and disadvantages of each currency? Are there any specific features or technologies that make these currencies stand out? How do these currencies compare to traditional methods of money transfer?

What are the best digital currencies for world transfer in 2018?
Digital Currencies
World Transfer
2018

3 answers

  • avatarDec 19, 2021 · 3 years ago
    When it comes to international money transfers in 2018, Bitcoin is often considered one of the best options. Its decentralized nature and widespread acceptance make it a popular choice. However, Bitcoin's transaction fees and slow confirmation times can be a drawback. On the other hand, Ripple offers fast and low-cost transactions, making it a suitable option for international transfers. Ethereum, with its smart contract capabilities, also has the potential to revolutionize cross-border transactions. Overall, the best digital currency for world transfer in 2018 depends on your specific needs and preferences.
  • avatarDec 19, 2021 · 3 years ago
    Well, if you're looking for the best digital currency for international transfers in 2018, you might want to consider Stellar. It's designed specifically for fast and low-cost cross-border transactions. With Stellar, you can transfer money anywhere in the world within seconds and at a fraction of the cost compared to traditional methods. Plus, Stellar's network is highly secure and reliable. So, if speed, cost-efficiency, and security are your top priorities, Stellar might be the best choice for you.
  • avatarDec 19, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, recommends using stablecoins for world transfers in 2018. Stablecoins, such as Tether or USD Coin, are pegged to a stable asset like the US dollar, which means their value remains relatively stable. This stability makes them ideal for international transfers, as it reduces the risk of currency fluctuations. Additionally, stablecoins offer fast and low-cost transactions, making them a convenient option for global money transfers. So, if you're looking for a reliable and efficient way to transfer money worldwide, stablecoins are worth considering.

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