Avalance is considered to be the new revolution of currency. It’s a decentralized digital currency that can be transferred from person to person without an intermediary such as a bank or another financial institution.
Avalance is also not restricted by borders, so it can be transferred just as easily within any country as it can across continents and oceans.
Read on to learn 7 reasons why you should join the Avalance revolution, know how to buy avax and start using this new currency today.
1) No financial institution is required
While creating an account at a bank or financial institution is required in order to use currency, Avalanches are entirely digital.
They don’t require any kind of registration. It doesn’t matter if you are using an Android smartphone or a Windows desktop; you can send Avalances anywhere that has Internet access.
This makes it much easier for someone on an international trip who wants to stay connected with friends back home (even if there is no wifi available). Or, say that your computer crashes: no worries.
As long as you backed up your private key(s) onto a thumb drive (or into a cloud), accessing your Avalanches will be easy.
2) Fast transfers between countries
With traditional money transfers, you must move funds through a bank. That takes time and costs fees. With Avalance, payments take place nearly instantly between users in different countries.
No banks involved. Other cryptocurrencies like litecoin and dogecoin work in similar ways, although there are some key differences among them.
These currencies are designed specifically to transfer value quickly between users. And they do so at a much lower cost than traditional systems (think pennies instead of dollars).
There’s just one catch: The value of these currencies is extremely volatile right now-too volatile for many people’s comfort level-and can change drastically from day to day or even hour to hour.
3) Secure payment option
With a simple and secure blockchain transaction, you can have your money in minutes. No need for banks or credit cards-just quick and easy transactions.
Avoid identity theft: When you use a bank account, you leave a paper trail of every transaction that is linked back to your name. You don’t have to worry about any of that with Avalance since it’s all handled anonymously.
4) Perfect for freelancers and contractors
With little or no cost for starting a business, freelancers and contractors can be more choosy with their projects, seeking out only those that meet their needs.
For example, suppose a freelancer’s client asks for services outside of their skill set.
In that case, they don’t have to take on that project-they can choose whether or not they want to negotiate additional payment for adding those services.
5) Almost impossible to counterfeit
Avalanches are impossible to counterfeit, which has made them popular as a payment system.
They aren’t printed, like dollars or euros-they’re produced by people and, increasingly, businesses, running computers all around the world, using software that solves mathematical problems.
Businesses find it convenient and cheap to use Avalances because they don’t need banks or credit card processors. The network is entirely decentralized-any one entity or person doesn’t control it.
6) Easier than cash online
It’s easier than ever to buy things online with Avalanches, but it’s still harder than paying cash. Since not all merchants accept digital currency, you’ll have an easier time buying from big companies like Overstock and TigerDirect than local businesses.
Of course, since you can purchase pretty much anything online these days (yes, even cars), you should have no trouble spending your Avalanches on virtually anything.
7) low transaction fees
Avalance transactions can be almost free as a digital currency, costing far less than a credit card payment or wire transfer.
Plus, you don’t have to pay extra fees for international transfers-all you need is an Internet connection. On top of that, there are never any processing delays from banks; payments are immediate.