Day 3.

Cryptocurrencies in international trade.

How can cryptocurrencies make international transfers and transactions easier and cheaper?

1. Instant transactions: Cryptocurrency transfers are almost instantaneous, no matter where you are in the world.

2. Low fees: Cryptocurrency transfer fees are usually lower than bank fees for international transactions.

3. No hassle with currency conversion: Using cryptocurrencies eliminates the need to convert currencies, simplifying trading transactions.

4. Transparency and Security: Blockchain provides transparency and security for all transactions.

5. No intermediaries and no complicated banking procedures = faster and simpler processes. 

Share your opinions below)