[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Digital Gold 🇵🇹 [@KinesisGold](/creator/twitter/KinesisGold) on x XXX followers Created: 2025-07-18 21:18:00 UTC Benefits of Digital Currencies a) Significant cost savings through lower fees and elimination of hidden costs. b) Faster transaction times, allowing instant or near-instant transfers. c) Enhanced transparency through blockchain (distributed ledger) technology. d) Greater accessibility for users worldwide by removing traditional banking barriers. e) Digital currencies offer the fastest and cheapest way to send money abroad by cutting fees, expensive currency conversions and financial intermediaries. How Digital Currencies Reduce Costs in cross-border transactions a) Instant Settlement Time #DigitalCurrencies involve decentralised networks that enable real-time transfers that bypass intermediaries. b) Cross-Border Simplicity Since digital currencies do not require currency conversions, the user does not need to pay any conversion fee. c) Peer-to-Peer Transfers Peer-to-peer (person-to-person) money transactions cut out the middleman, effectively removing the need for financial intermediaries when sending money abroad. Case Study: Kinesis An example of a #DigitalCurrency platform is #Kinesis – a system that combines blockchain technology with #PreciousMetals. Kinesis allows users to buy and sell digital currencies that are backed by physical #Gold and #Silver: this underpinning of the currency with tangible assets creates greater stability compared with other digital currencies that are not supported in this way. Kinesis offers P2P functionality for direct transactions, meaning there is no need for intermediaries. This enables instant cross-border transactions with an international reach.  XX engagements  **Related Topics** [stocks technology](/topic/stocks-technology) [ledger](/topic/ledger) [blockchain](/topic/blockchain) [faster](/topic/faster) [currencies](/topic/currencies) [Post Link](https://x.com/KinesisGold/status/1946318561397625237)
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Digital Gold 🇵🇹 @KinesisGold on x XXX followers
Created: 2025-07-18 21:18:00 UTC
Benefits of Digital Currencies
a) Significant cost savings through lower fees and elimination of hidden costs.
b) Faster transaction times, allowing instant or near-instant transfers.
c) Enhanced transparency through blockchain (distributed ledger) technology.
d) Greater accessibility for users worldwide by removing traditional banking barriers.
e) Digital currencies offer the fastest and cheapest way to send money abroad by cutting fees, expensive currency conversions and financial intermediaries.
How Digital Currencies Reduce Costs in cross-border transactions
a) Instant Settlement Time
#DigitalCurrencies involve decentralised networks that enable real-time transfers that bypass intermediaries.
b) Cross-Border Simplicity
Since digital currencies do not require currency conversions, the user does not need to pay any conversion fee.
c) Peer-to-Peer Transfers
Peer-to-peer (person-to-person) money transactions cut out the middleman, effectively removing the need for financial intermediaries when sending money abroad.
Case Study: Kinesis
An example of a #DigitalCurrency platform is #Kinesis – a system that combines blockchain technology with #PreciousMetals.
Kinesis allows users to buy and sell digital currencies that are backed by physical #Gold and #Silver: this underpinning of the currency with tangible assets creates greater stability compared with other digital currencies that are not supported in this way.
Kinesis offers P2P functionality for direct transactions, meaning there is no need for intermediaries. This enables instant cross-border transactions with an international reach.
XX engagements
Related Topics stocks technology ledger blockchain faster currencies