Pro: Low fees
As we said before, there is no specific bank or a service, like for example PayPal that can conduct or control all of the transactions that happen. That is why, generally, any transactions with bitcoins have much lower fees. Something else that this means is that there is very little extra costs involved in obtaining bitcoins other than the cost of buying the bitcoins themselves which depend on the current climate at the time of the purchase.
As we said, the term bitcoin is everywhere in Canada and it can be very easy for you to fall for it just because it sounds good, without actually doing any proper research. We want you to make the most educated decision possible because you will still need to make a significant payment at the begging, so hopefully seeing some of the pros and cons in this article will help you do just that- make the most educated decision you possibly can.