siliconindia | | OCTOBER 20218ASPECTS TO KEEP IN MIND WHILE DEALING WITH BITCOINBy SI TEAMBitcoin is a decentralized digital currency that provides anonymous, fast, and convenient pay-ments. Let us consider the main advantages of Bitcoin over traditional currencies. On the Internet, you can find many tips for investing in specific coins, but their quality is not always high. While remem-bering the main advantages of Bitcoin, it is also necessary to talk about the main aspects in this market - 1. Security, Reliability & Encryption: Information on the Bitcoin network is well protected. No one knows the identi-ty of the sender or recipient. The encryption system ensures the complete anonymity of transaction participants.2. Low Transaction Fees: No matter how many tokens are transferred, transaction fees are very low or non-existent. In addition, there are no subscription fees, limits, and other restrictions.3. Speed of Transactions: Payment is very fast, and in most cases payment is instant. Therefore, another person will receive them within a few minutes.4. Convenient Mobile Payments: There is a mobile wallet through which you can send Bitcoins instantly and store coins safely in it.5. Lack of Intermediaries: Bitcoin eliminates the need for any third parties and intermediaries. The sender and the In focus
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