Reasons Why Crypto Currencies are the Future of Digital Payments

INTRODUCTION The world of digital payments is changing. More and more people are using crypto currencies, which are digital or virtual tokens that use cryptography to secure their transactions. Crypto currencies are decentralized, meaning they are not subject to government or financial institution control. There are many advantages of using crypto currencies, including the following: ADVANTAGES 1. They are fast and efficient. 2. They are global and borderless. 3. They are secure and private. 4. They have low transaction fees. 5. They are not subject to inflation. 6. They are decentralized and censorship-resistant. 7. They have a limited supply. 8. They are transparent. 9. They have the potential to replace traditional 10. Introduction 11. Decentralization 12. Reduced fraudulent activity 13. Increased security 14. Faster transactions 15. Reduced costs 16. Increased transparency 17. Universal access 18. Necessity of peoples in future