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Positive And Negative

Band 5+: Online currencies have become common in recent years . Why is this? Is this positive or negative development?

Note: Both the topic and the essay were created by one of our users.

Nowadays, money transaction through internet has been a common scenario. This essay will discuss the reason, and further, it will deal about the positive trend of online currency.

To embark on, there are some benefits of online currency as compared to the offline payment. It is the most helpful payment to do quickly; especially for the aged people and many other edge such as online shopping, bill payments, educational fee etc. For instance, the older people need not go to the billing counters to deposits the electricity and many other kind of bills. By the E-payment, they can easily pay their bills sitting at their homes without going anywhere. Hence, there is a reason to get fame of online currency since recent years.

Furthermore, by using digital currency anybody can save their money and use it all over the world. Digital money assists people to purchase anything from anywhere. Anybody work at home on some platform and get earn in the form of digital currency like Amazon, Ebay, Wix, Shopify etc. For example, if someone lives in their birth country and wants to do work in other country, by using some platform they earn money at their own home in the form of virtual money which is a good point to prefer online currency.

To sum up, it seems that digital payment has brought us more benefits then disadvantages. This essay has validated the reason behind, and in my opinion, individuals can pay and get shopping from all over the world with the help of online currency without going there. That’s why crypto currency is more helpful these days.

Word Count: 269

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