Benefits of using Bitcoin:
1. Bitcoin does not allow any third parties to track, identify or stop transactions.
2. No sales tax are added onto any purchase.
3. Transaction fees is low.
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Low Cost Transactions - There is a transfer fee for international currency exchanges and in most cases a higher fee. But in the case of Bitcoin, transactions can be done at a much lower cost. Which is one of the main reasons why it is so popular.
Speed - The bitcoin system works much faster. It will be transferred to another server within minutes of you transferring money. The Bitcoin network system completes the payment process very quickly. This is why traders are more interested in using Bitcoin for their institutional transactions.