Crypto



What Is Cryptocurrency?

Cryptocurrency is a digital payment system that doesn’t rely on banks to verify transactions. 

It’s a peer-to-peer system that can enable anyone anywhere to send and receive payments.

Instead of being physical money that is carried around and exchanged in the real world,

cryptocurrency payments exist purely as digital entries to an online database that describe specific transactions.

When you transfer cryptocurrency funds, the transactions are recorded in a public ledger.

You store your cryptocurrency in a digital wallet.

Cryptocurrency got its name because it uses encryption to verify transactions.

This means advanced coding is involved in storing and transmitting cryptocurrency data between wallets and to public ledgers.

When you transfer cryptocurrency funds, the transactions are recorded in a public ledger.

You store your cryptocurrency in a digital wallet.

Cryptocurrency got its name because it uses encryption to verify transactions.

This means advanced coding is involved in storing and transmitting cryptocurrency data between wallets and to public ledgers.

When you transfer cryptocurrency funds, the transactions are recorded in a public ledger.

You store your cryptocurrency in a digital wallet.

Cryptocurrency got its name because it uses encryption to verify transactions.

This means advanced coding is involved in storing and transmitting cryptocurrency data between wallets and to public ledgers.


CryptoPayment


Privacy


Once you own Bitcoin or others crypto, it’s not controlled by a traditional bank. Instead, it’s much more like having cash in your pocket – but cash you can transfer to anyone, anywhere in seconds. This means payments can be made discretely and privately.


Few Transaction Fees

Wire transfers and credit card processing fees can be very expensive, adding additional expenses onto the cost of booking. An advantage of Crypro BTC or Others – there are little-to-no fees. You can transfer money internationally, without having to exorbitant rates.


Fast Transfers


Finally, Crypto transfers can take as little as a few seconds up to 10 minutes (if you wait for approval). That’s a key advantage for charter bookings. No need to wait for bank approvals, or to call your bank to authorize a transaction. You can transfer money to your Advance Provisioning Balance or your yacht broker almost instantly – helping to alleviate any third-party delays.