Sentences with phrase «bitcoin for fiat money»

The most common way is to convert it into Bitcoin and cash - in Bitcoin for fiat money.

Not exact matches

Unlike modern fiat money, Bitcoin, which has often been called «cash for the Internet,» is not controlled or backed by any bank or central government authority, like the Federal Reserve, for example.

After all, one of the primary draws of bitcoin is its ability to be bought, held and then sold later for more fiat money.

This means people can take their fiat money and exchange it for this internet money or this bitcoin or any other crypto coin that we're talking about.

Now that your recipient has sold the bitcoin for fiat currency, they need to get the money from CEX.IO.

When we launched Abra as a platform for enabling money transfer and payments using bitcoin, users immediately started giving us feedback that Abra was now their go - to method to convert between fiat and bitcoin.

In other words, if bitcoin has a future, it probably lies in giving gold a run for its money as a hedge against the fiat money.

The industry is still young and admittedly stratified, lacking the seamless interoperability that blockchain can supposedly attain, so bitcoin acts as a funnel for fiat money into the greater altcoin market.

A Bitcoin Exchange or Digital Currency Exchange is a business that allows customers to trade digital currencies for other assets such as conventional fiat money or other digital currencies.

You'll find varying costs for depositing money to your digital wallet, buying and selling bitcoin and withdrawing funds in fiat currency.

Now that your recipient has sold the bitcoin for fiat currency, they need to get the money from CEX.IO.

That's the reason why it's now possible for institutions to participate in Bitcoin trading in general, as they are only able to trade in fiat money based markets, such as Bitcoin Futures.

«It's always been a headache for everyone to exchange his bitcoins to fiat money with minimal losses.

However, while bitcoin may have fallen compared to dollars, it could have risen compared to something else, like Ethereum or Litecoin, for example, which in turn probably wouldn't have risen compared to any others Fiats (government - issued money).

For example, customers will be able to «deposit» money with Circle, thereby instantly converting fiat money into bitcoin, and «withdraw» money via the service, converting bitcoin into local currency that can then be transferred to a bank.

So when you make a fiat money deposit, set a buy order for BTC and then see a BTC balance in your account, you have actually bought Bitcoins and can withdraw them to your home wallet, if you wish.

Use the volatility of the Bitcoin price for fiat money profits — Trade Bitcoin CFDs with professional and established brokers.

The money they earn can be converted into bitcoin or other altcoins like ether, or use mobile cashiers to exchange (HMQ) Humaniq tokens for fiat currencies.

Bitcoin prices are not known for their stability, which is odd, considering that the currency's end goal is to «replace fiat money.»

An ICO (Initial Coin Offering or Token Sale) is a type of fundraising where in exchange for money (Bitcoin, Ethereum or fiat money) investors receive tokens (coins).

In ICO, the companies cryptocurrency is sold in form of «tokens» in exchange for fiat money and other digital money like Bitcoin and Ethereum.

This increase took place at the same time money flowed out of the cryptocurrency market, meaning that in order for that money to re-enter the market, it will have to pass through Bitcoin again (because you can't buy most coins directly from fiat currency).

This list includes best crypto exchanges on which you can deposit money and exchange multi-assets (meaning Bitcoin and all other cryptocurrencies) and the fees they charge for exchange, and both to deposit and withdraw fiat.

Assuming Bitcoin is adopted for number of practical applications, the value will rise significantly — moving money around the world can be costly and time consuming — Using Bitcoin is fast, efficient and cost effective and transactions can be confirmed in a matter of minutes vs up to 7 days for normal FIAT currency transactions plus the cost of transaction.

After all, one of the primary draws of bitcoin is its ability to be bought, held and then sold later for more fiat money.

This panel could lead to heavy debates, as an advocate for the preservation of fiat money will be joined by an early Bitcoin investor, a financial journalist and a parliamentary aide to Greek SYRIZA MP Betty Skoufas.

Bitcoin, whose ballooning market cap reached above $ 325 billion a month ago, is not a worthy opponent for fiat money, says Minneapolis Federal Reserve President Neel Kashkari.

Investors have to exchange their fiat money for Bitcoin and then trade their Bitcoin for whatever token they're trying to acquire.

Notably, when the customer inserts the fiat currency into a Lamassu machine, their money is first converted into Bitcoin, which is then processed as a purchase of metal for Bitcoin.

The startup plans to use bitcoin as a container for transferring money in various fiat currencies.

The Indian government has also claimed a war on so - called black money, lower denominated fiat paper, and this too appears to be another reason for the attention paid bitcoin's traders.

The Bitcoin can be exchanged for either fiat money (legal tender) or other alternative cryptocurrencies such as Ethereum.

London - headquartered bitcoin wallet and card company, Wirex has revealed it will launch contactless debit cards for spending money that has been loaded from cryptocurrencies and its first ever multi-currency accounts for speedy exchange between bitcoin and fiat (SGD, GBP, EUR, USD) in Asia during the second quarter of 2018.

Once money is converted into bitcoin, the inflation rates of local fiat currencies do not affect bitcoin holdings and it can be sent anywhere through the Internet for free.

Eco is in it to win it and is designed to go head - to - head with bitcoin, gold and fiat money for daily global payment transactions.

Comparing the market capitalization of bitcoin, by far the most popular of them, with the supply of money for various fiat currencies, the authors conclude it is two times less important than boliviano, the currency of Bolivia, and two thousand times less important than euro.

Like any other currency exchange, Bitcoin exchanges buy and sell cryptocurrencies (in exchange for fiat money) in order to turn a profit.

For everyone else, bitcoin exchanges offer users the ability to transfer fiat money from a credit card or bank account in exchange for bitcoFor everyone else, bitcoin exchanges offer users the ability to transfer fiat money from a credit card or bank account in exchange for bitcofor bitcoin.

A Monero holder could sell their Monero for Bitcoin, send it to Coinbase, and then withdraw that money into PayPal for dollars or other fiat currency.

The Indian government was condemned for its statement on Bitcoin and the cryptocurrency market because it has irrationally attacked a decentralized currency system and stores of value that are providing financial stability and independence to their users, unlike the government - owned and issued fiat money.

One could think that Bitcoin's primary purpose should be to replace fiat money for transactions.