1. Security: Cryptocurrency transactions are secured through the use of encryption, making them difficult to counterfeit or double-spend.
2. Low Cost: Sending and receiving cryptocurrency is much cheaper than traditional payment methods since there are no fees associated with exchanging money internationally.
3. Trustless System: You do not have to trust a third party to handle your money as all transactions are authenticated and settled on a distributed public ledger known as the blockchain.
4. Accessibility: Cryptocurrencies can be sent across borders quickly and securely, meaning anyone in the world can access them.
5. Global Acceptance: Cryptocurrencies are becoming increasingly accepted by businesses around the world, allowing for almost frictionless international transactions.