Is Bitcoin Better than USD for Global Trade

[Suba]

Most people don't use USD because they don't have a wallet that supports it. PayPal only works for some countries for example. While crypto wallets are almost available worldwide. That is why most people these days trade with Bitcoin and not USD.

Wallets for storing USD are not only PayPal, there are also many others such as PefectMoney, Payoneer, Payer, Airtm etc., besides, we can also receive USD sent by people from anywhere directly to our bank account and the bank will convert it into local money.

 

[nomad]

Bitcoin is good for cross boader transaction, it will eliminate the role of banks in sending and receiving funds. This is the reason why traditional finance instrument are not happy with crypto.

 

[fcbetting]

Bitcoin is much better since price fluctate much more. Also you can trade with lower amounts. For USD trading you need at least 1000 dollars but for BTC trade you can start already with 100$.

 

[Stardom22]

For me l can say that the bitcoin still has a very long way to go to be used as the universal currency of the world. Many countries dislikes it for sure.

 

[fcbetting]

On rollbit you can start leverage trading with just 10$ or maybe even lower amount. it is almost like betting on BTC price but little different. Rollbit looks like most simple platform for this trading.