Using cryptocurrency can be mutually beneficial for both businesses and customers. We understand that cryptocurrency may be new to some and can be as confusing as the NFL predictions, which is why we’ve come up with a few benefits to help consumers. 

What is Crypto?

The truth about crypto is that it’s a digital currency that has many currencies attached to it. This means that under the term cryptocurrency, you can find Bitcoin, Ethereum, Litecoin, and many more. 

It’s important to keep in mind that although cryptocurrency is a currency, different crypto cannot be sent to one cryptocurrency wallet. This means that when looking for a vendor, you need to look at a cryptocurrency holder that has your form of cryptocurrency. 

This is why many opt to go for popular cryptocurrencies such as Bitcoin and Ethereum, as they are easier to find and easier to make transactions with. 

Why You Should Be Using Crypto

There are many advantages to using cryptocurrency. In this section, we take a look at a few advantages that come with using crypto.

Low Transaction Fees

When cryptocurrency is brought up, a lot of people tend to speak about its low transaction fees. It’s important to note that different cryptocurrencies may have different transaction fees; however, most remain lower than that of the banks. 

Low transaction fees mean you can, in a way, pay less for your product or service. When making a transaction at the bank, we do not think of how much more we are paying for things and how swiping a card is adding to the cost of our product. However, with cryptocurrency, the reality is different. 


Not only is cryptocurrency a digital means of money, but it can also work as a type of investment. Depending on the cryptocurrency of your choice, you can treat crypto as an investment. This is because cryptocurrency, when invested in the right way, appreciates in value. This means that you can sell your crypto for higher than you bought it. 

For this, it’s important to note that not all cryptocurrency is good cryptocurrency. 

Cryptocurrency is volatile, meaning that it can rise and fall at any second, and this makes it hard to ensure that you are making a good investment. This is why it’s very important to do the necessary research to ensure that you are making an informed choice when buying crypto.


Cryptocurrency is a universal currency meaning that you do not have to go to the bank to exchange it for another currency. Although there may be different forms of cryptocurrency, it is possible for you to find a user of the same crypto and make a transaction anywhere in the world. 

Always keep in mind that some countries may not allow or restrict the use of crypto within their borders as they find crypto a threat to their governing systems. It’s always important to check whether or not the country you are in and are planning to make a transaction in is accepting cryptocurrency. 


A lot of people like using cryptocurrency due to its level of safety. Many can make an online purchase and keep their credit card information safe. This is because your credit or debit card information is not used when making a transaction. 

This will reduce the possibility of fraudulent activity on your credit, debit, Visa, or Mastercard. 

Using cryptocurrency is safe as one cannot gain access to your personal information. Cryptocurrency uses what is known as cryptography to remain free from third-party theft. 

Cryptography, in simple terms, is the solving of codes or the art of writing code. It is used to secure communication within the cryptocurrency channels and ensures that there is no third-party stealing of information. 

Different cryptocurrencies operate differently and use different networks; however, the safety within these channels and networks is impeccable.