#BTCBackto100K Standard bank transfers and especially transactions outside the borders usually involve high fees that also bring exchange costs. Since transactions made with Bitcoin do not operate through intermediary institutions, transaction costs are very low. The only fee is represented by the mining fee to the miners. Additionally, another major advantage is that any transfer occurs very quickly, eliminating the inconveniences of typical authorization requirements and waiting periods.

Bitcoin allows users to have control over their transactions, which helps Bitcoin to exist and be traded in complete security for the network.

Merchants cannot charge additional fees without them being noticed. They must discuss with users before introducing any potential fees.