Why cryptocurrency is better than traditional internet banking

First for those who think the traditional internet banking is good enough, note that they are digital only from user perspective but not entirely digital from technical perspective. Because when you deposit money in Paypal or PayTM, those digital banks still have to store the physical currency somewhere. Physical currency needs to be safeguarded and hence there is a security cost. Physical currency needs to be printed and there is cost attached to it.

On the contrary, cryptocurrencies are truly digital. When you buy cryptocurrency, no one needs to physically store it for you.


A myth among cryptocurrency newbies

Some beginners in cryptocurrency believe they are costly and hence they cannot afford it. Actually most of us now that one can buy cryptocurrencies for as low as Rs 200 or $10