Cryptocurrency is a digital currency used for financial transactions. It has several advantages but is also associated with high risks. For seafarers, stablecoins (e.g., USDT, USDC), which are tied to the dollar, are the most convenient to use, as they are not subject to sharp price fluctuations. They are suitable for daily needs, such as transfers and payments.
However, cryptocurrencies not tied to fiat currency are highly volatile and risky instruments. The myth of "quick earnings" in cryptocurrency is often untrue. Most coins are created to manipulate their price, and the chance of buying a token for $1,000 and selling it for $10,000 is less than 1%. Investing in new coins, whose value is often close to zero, is particularly risky.
Conclusion: For seafarers, cryptocurrency can be useful in the form of stablecoins for daily needs. However, investing and trading are associated with significant risks. We work with algorithmic trading, and in the future, if our tools prove profitable, we will offer the opportunity to use them together.
Cryptocurrency can be useful for seafarers in the following situations:
Cryptocurrency, especially stablecoins, can greatly simplify international transfers by reducing fees and processing time. For example:
It is less risky than carrying cash, as you can buy USDT in one city and sell it for cash in another within 20 minutes. However, it is important to be extremely cautious and only work with sellers or exchanges with high ratings.
P2P services allow you to directly sell or buy cryptocurrency using local bank cards or payment systems. Advantages:
Services like BestChange help find exchange offices or individuals for face-to-face deals, which is especially convenient in different ports:
Some stores, hotels, and even restaurants accept cryptocurrency, making it convenient for travelers.
If you need to buy cryptocurrency, you can do so directly through our Telegram channel. Contact the administrator in any convenient way, and we will help you purchase any required cryptocurrency, including stablecoins like USDT or USDC.
Contact us and see how convenient and simple it is to use our services.