Digital currency on travel; Global companionship in your backpack

Here are some of the disadvantages and benefits of digital currency on the trip quoted from the site:

International Payment Without Practice

One of the biggest benefits of digital currencies is their transnational nature. When you pay in digital currency, you no longer need to convert common currencies, such as the dollar to the euro, the rial to the dollar and other currencies. This saves the cost of currency exchange fees, which is usually received by banks, currency exchanges and international credit cards. This advantage will be very significant on international trips where you may need to convert multiple currencies.

More security

Transportation of a lot of cash on the journey is always at risk of stealing or missing. Credit and cash cards can also be abused if they are lost or stolen. Digital currencies provide higher security because of the encrypted nature and the use of private keys. As long as your private keys are safe, it will be very difficult for others to access your digital assets.

Speed ​​in payment

Digital currency payment is usually much faster than traditional methods such as international banking or even paying credit cards. Digital currency transactions are done within minutes or even seconds and do not need to go through long stages and office paper. This ease and ease can be very useful in traveling that is very important time and convenience.

No need for international bank account

You do not need to open an international bank account or have an international credit card to use digital currency. This advantage is especially important for Iranians who do not have access to international bank accounts or do not want to use the traditional banking system for various reasons. The only thing you need is a digital currency wallet.

Transparency and decentralization

Digital currency transactions are recorded in blockchain, which is a transparent general office. This can help increase transparency in payments and reduce the likelihood of cheating. Also, digital currencies are decentralized and are not under the control of any particular state or central institution. This feature will be attractive to people looking for decentralized alternatives to financial systems.