OneCoin - Advantages of Cryptocurrencies

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ADVANTAGES OF CRYPTOCURRENCIES


INTRODUCTION 

Cryptocurrencies are the digital currencies that are encrypted by Cryptography. It doesn’t have a physical form and used for online transactions. However, there are many websites where you can convert your Cryptocurrencies in real money and transfer to your bank account.


ADVANTAGES OF CRYPTOCURRENCIES Easy and Fast Payment  Secure  Low or No Fees  No Fraud  Access to Everyone  Decentralization 


EASY AND FAST PAYMENT 

Make payment without using your credit card or sign any document. You just need to know the wallet address of person or organization to whom you want to transfer money, payment transfer processing is very fast and can affect in a matter of seconds.


SECURE 

The use of military grade cryptography ensures that transactions remain secure. No person except the owner of a wallet can make transfers or payments from a wallet.


LOW OR NO FEES 

Banks and Payment Processing companies charge fees to conduct payment and fund transfer but with crypto currencies, these fees can be eliminated and are very low.


NO FRAUD 

There is no way someone can charge back like they do if payment is made with a Credit card. Once payment is sent, it can never be reversed.


ACCESS TO EVERYONE 

There are approximately 2.2 billion individuals with access to the Internet or mobile phones who don’t currently have access to traditional exchange, these people are primed for the Cryptocurrency market.


DECENTRALIZATION 

Decentralization means the network operates on a user-to-user (or peer-to-peer) basis. The forms of mass collaboration this makes possible are just beginning to be investigated.


IDENTITY THEFT 

Credit cards operate on a “pull” basis, where the store initiates the payment and pulls the designated amount from your account. Cryptocurrency uses a “push” mechanism that allows the cryptocurrency holder to send exactly what he or she wants to the merchant or recipient with no further information.


WHO WE ARE‌. 

OneCoin is a digital currency, based in cryptography that provides the essential and border less financial services in Ireland.



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