Which among the following are the advantages of using bitcoin?
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Currently there are either no fees, or very low fees within Bitcoin payments. With transactions, users might include fees in order to process the transactions faster. Digital Currency exchanges help merchant process transactions by converting bitcoins into fiat currency.
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- No risk for Inflation, individuals can preserve coin.
- Reduced transaction fee.
- Easy to use any situation.
- No involvement of any third party.
- Quick payments.
- A safer ecosystem
- International payments made easy for small business ventures
- No paperwork
- Purchase are not taxed
- Highly secured
- Neutral and transparent
- zero or low transaction fee
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