5 Benefits of Cryptocurrency
                      5 Benefits of 
Cryptocurrency
The primary benefit of Bitcoin and most 
other cryptocurrencies based on blockchain 
technology is that many of them lack a 
central authority, payment processor, or 
company owner.
1. Easy Transactions
Crypto transactions can be made 
easily, generally at a low cost, and 
in a relatively private manner. Using 
a smartphone app, hardware wallet, 
or exchange wallet, almost anyone 
can send and receive a variety of 
cryptocurrencies.
2. Relatively Secure
Because cryptocurrencies are 
rooted in cryptography and 
blockchain security, decentralized 
cryptocurrencies tend to make for 
secure forms of payment. As such, 
the relative security of cryptos may 
be one of the biggest benefits for 
users.
3. Short Settlement 
Times and Low Fees
While some people may only want 
to invest in cryptocurrency to take 
advantage of (prospective) price 
appreciation, others might find 
benefit in the ability to use crypto 
as a medium of exchange.
4. Exponential Industry 
Growth
The cryptocurrency industry has been one 
of the fastest-growing markets that most 
of us have seen in our lifetimes, 
especially since the industry got its start 
with the debut of Bitcoin back in 2009. 
The total market cap of the 
cryptocurrency market in 2013 was about 
$1.6 billion.
5. The Possibility of 
Outsized Returns
Bitcoin has been one of the best-
performing assets of the last 13 years. 
When it debuted in 2009, Bitcoin 
essentially had no value, but in the 
following years, it would rise to a fraction 
of a penny, and then eventually to tens 
of thousands of dollars. 
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