Sentences with phrase «against fiat currencies at»
Some trading platform has the option to trade altcoins on the site, like Simple FX and FX Open, however most platforms only offers the option to trade Bitcoin against fiat currencies at this point.
http://www.bitcointradingsites.net/ Not exact matches
It seems that more and more people justify investing in cryptocurrencies — even at current record prices — by claiming that they're an effective hedge against the instability of fiat currencies.
I don't have enough wealth to justify it at this time, but I would consider investing in precious metals, mainly as a hedge against fiat currencies.
Against this background state - sponsored cryptocurrencies seem an «ideal» solution by virtue of their «safety,» namely they are just as innovative technologically, but at the same time as familiar as the standard fiat currencies, thanks to a central bank's backing.