Yeah I don't
like currency exchange fees either.
Not exact matches
If your business exports goods and services, or purchases supplies or materials from other countries, then cryptocurrencies
like bitcoin can help you get around those expensive foreign transaction
fees,
exchange rates, or
currencies.
Trips
like these can add up quickly, so in addition to normal travel costs (
like flights, food and hotel accommodations), you'll need to consider
currency exchange rates, foreign transaction
fees on credit cards, roaming charges on your phone, whether you need certain immunizations before entering your destination country and international departure
fees (if you're flying).
He teaches readers how to travel the world on the cheap, gives advice on how to make traveling cheaper (
like no
exchanging currency at the airport because the
fees are higher) and really tries to make it clear that traveling doesn't need to be expensive.
The virtual
currency was designed to revolutionize peer - to - peer transactions; it doesn't require a go - between (
like a bank or credit card network), the
exchange of personal information, or transaction
fees.
The reason many businessmen
like to use cryptocurrencies is that (a) they don't need to worry about
currency exchange rates, (b) they pay fewer processing
fees than they do with credit cards, and (c) transactions across the globe can be completed within minutes.