Crypto Currency transactions usually happen very quickly. Every transaction I have ever made happened within seconds. When you watch videos of transactions being made in countries where Crypto Currency is widely accepted, the wait time is incredibly low. Most of the time these transactions happen faster than a normal banking transaction.
Many times, when people want to send money from one bank account to another there is a wait time. When Crypto Currencies are used in a transaction, it doesn’t matter if you are sending $1 or $1 Billion, the time it takes is the same. Time is money.
For many people that have made large transaction through the banks, they might have had a long wait time. Sometimes 2 days to a week. I know I have had transactions that took 2 weeks to go through. If Crypto was used there would have been a much less of a wait time.
Crypto Currencies and Crypto Assets add an unimaginable amount of speed to a financial transaction. If two or more people made an agreement over lunch, the process could potentially begin before they leave the restaurant.
One of the most important reasons people turn to Crypto is the time it takes to make a transaction. The time it takes is so minute that businesspeople have decided that this is the best way for a financial transaction to be made to remain competitive.
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