Cryptocurrency

[Salty]

Just wanted to post some thoughts on this. More and more vendors prefer it, however, if you want to use a cryptocurrency app which is basically free with no or little charges, the best one I've found takes a couple days to get verified and connect your bank account or debit card up and available to "buy" the cryptocurrency. It's like the stock market so you might deposit $100 or rather buy $100 of bitcoin cash (BTC) and hours later or a day later it might be $98 or $104. Doesn't fluctuate much, but it does. The other thing that is a con for me is that it takes 17 days from the time I buy it until the time I can send it as cash to a vendor. I don't know why. Haven't received an acceptable response other than it differs from banking institutions. Not all credit cards will allow you to buy cryptocurrency, but the process going that route is much faster. The con is, there are fees involved. Probably from both the cryptocurrency app and your credit card company. I don't understand it well enough yet, but Coinbase is supposed to be one of the best free apps. It does take me 17 days to use my deposit, even though it's withdrawn within two days from my banking account. They are hard to communicate with and I still am not satisfied with their response for the delay. Just know you probably need to plan ahead and almost consider it a separate banking account if you use the internet to purchase mags. Western Union has a great app that allows you to send as much to anywhere in the world, ahead of actually going to a Western Union outlet to deposit the money. It's available immediately to the vendor once paid to WU for a fee of $5 so you can't beat that. It's brutal having to wait 17 days to use Bitcoin cash but without $10 or more in fees to use a credit card, I don't know how else to do it. If there ever comes a time when you want to close it, you can just convert it and deposit it back into your bank account. Again, since the currency value fluctuates, it may not be the same amount you deposited.