The primary idea behind the inception of Bitcoin was to eliminate delays in transactions that are caused due to time taken by central authorities for approvals. As such, there are various benefits derived through transactions using Bitcoins. The first and foremost advantage of paying with Bitcoin is the low fees for transaction processing. And of course, the lightning speed of transaction completion is a significant benefit because this is a decentralized cryptocurrency. So it does not need to wait for centralized government agencies to approve the payments. Moreover, Bitcoin offers excellent ease of use in the case of international transactions.