How Will Crypto Currency Revolutionize Remittances?

in bithashex •  2 years ago 

Remittances are the money that migrant workers transfer to their families back in their home countries. In 2012, the global average cost of sending $200 was 7.2%, and the average fee of a Western Union transaction was almost 10%. In comparison, the average Bitcoin fee was around 1%. This is why remittances are an ideal use case for cryptocurrencies.

Read more : https://bithashex.com/blog/crypto-trading-exchange/details/27/how-will-crypto-currency-revolutionize-remittances

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