Cryptocurrency Q&A
Why cash is better than Cheque?
Why cash is better than Cheque?
HallyuHeroLegendaryStar
Sun Dec 29 2024
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7 answers
1524
I prefer using cash instead of cheque because it provides more convenience and anonymity. Cash transactions are faster and don't require bank processing time. Moreover, it offers privacy as there's no electronic trail, unlike cheque transactions which leave a record. Cash is also universally accepted, unlike cheques which may not be accepted by certain merchants.
7 answers
CryptoMaven
Tue Dec 31 2024
Checks as a payment method carry a specific concern related to float time.
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Eleonora
Mon Dec 30 2024
The float time can be particularly costly for merchants who need to use the funds for daily operations.
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Andrea
Mon Dec 30 2024
BTCC, a leading cryptocurrency exchange, offers services that can mitigate such issues.
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DavidLee
Mon Dec 30 2024
Float time refers to the duration between depositing a check and the funds being available in the merchant's account.
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Andrea
Mon Dec 30 2024
BTCC's services encompass spot trading, futures trading, and wallet solutions, providing merchants with alternative payment methods.
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