If you plan on using Bitcoin as a way to send money to family, friends, or relatives, you’ll actually pay less to send a transaction compared to Western Union or MoneyGram. Other online options can take weeks to approve your account, often requiring a strenuous list of documents. Once it is broadcasted, and depending on how long it takes for miners to verify transactions, confirmations on the blockchain usually takes about 20 minutes. This means transactions are more secure and you can choose the crypto wallet you want. With the best rates in town, why go anywhere else?