Sentences with phrase «base currency»

The phrase "base currency" refers to the main or primary currency used in a foreign exchange transaction. It is the currency against which other currencies are compared or valued. For example, if you are in the United States and want to exchange your US dollars for euros, the US dollar is the base currency and the euro is the quote currency. The base currency sets the benchmark or standard for determining the value of other currencies in the transaction. Full definition
That is something that has never happened before in this manner and shows the full power of bitcoin and any public blockchain based currency.
Sure, it offers a blockchain - based currency for fast, international payments.
Best known for enabling a Web - based currency known as bitcoin, blockchain technology in a more generalized sense offers the ability to track transactions without the need for a centralized record keeper.
Our minimum requirement when you first open and fund your trading account is 100 (account base currency).
As an Owner, you will enjoy the ability to customize your vacations through a unique points - based currency system.
We believe gold is money and history has shown that all fiat credit based currencies ultimately become worthless over time.
The minimum initial deposit required is at least 50 of your selected base currency.
If governments were smart they would issue their own cryptocurrency, allow it to be used to pay taxes, tightly regulate the exchanges, and watch it compete with current debt based currencies.
To ensure valid transactions without the need for trust in a centralized institution, blockchain - based currencies typically rely on user participation to validate digital transactions and add them to the blockchain.
They should adopt a decentralized blockchain based currency and gain instant global recognition.
However, we do require a minimum deposit of $ 100 (account base currency) when you fund for the first time.
As an Owner, you will enjoy the ability to customize your vacations through a unique points - based currency system.
Since credit based currencies are managed by setting interest rates, on which all control has been lost, are they managed anymore?
Cryptocurrency mining malware has emerged as a key method of criminal hackers making money - so why aren't they targeting the most valuable blockchain - based currency of them all?
The advantage of an exchange using tether means the platforms that uses it as base currency can strictly operate in cryptocurrency without ever using fiat.
Here you need only to click on Base Currency, and choose what currency your normal price is in.
Historically, spot Forex trading was only available in specific amounts of base currency called lots...
In the end it just means we trade a debt based inflationary paradoxical currency for a fundamentally stable mathematical based currency with no interest, no debt, and hardcoded limitations on its creation.
Most important base currencies which are interesting for currency trader are the Japanese Yen, the EUR and the USD.
Swiss forex bank Dukascopy Bank said it has lowered the minimum equity requirement for self - trading accounts to CHF 20 (or the equivalent in other base currencies) from CHF...
The world still bases its currency against the U.S. dollar.
Billionaire fund manager Eric Sprott has partnered with Continental Currency Exchange, an Ontario - based currency trading company, to launch a new bricks - and - mortar bank, something Canada hasn't seen in a long time (see sidebar).
By capturing supply points, you can refill your ammunition surplus or fuel supply, the game's two resource - based currencies used for building tanks, mechanized units, calling in airstrikes, and purchasing weapon upgrades.
From 1999 through 2002 Mr. Ryan managed the international intellectual property matters, including patent and trademark filings for an internet based currency company with subsidiaries in over 14 countries.
Both types of accounts require a minimum deposit of $ 100 to open and are available in different base currencies such as AUD, EUR, GBP, NZD, SGD, USD.
A game tool and technology developer deployed a new financial management system that enabled the company to consolidate financial data across three non-U.S. subsidiaries that were operating in their own base currencies.
Showing the rate in BTC to U.S. dollars as in your illustration isn't fully informative for those who are used to follow BTC price in dollars or other base currencies like e.g. euro, yen or GBP.
This promotion is valid until May 15, 2018 The minimum deposit for this campaign is 100 and maximum bonus is 16,000 This promotion is available to USD, EUR, AUD and GBP base currency accounts
Currently, clients are able to open accounts and deposit funds in the following base currencies: AUD, USD, GBP, EUR, NZD and SGD.
Understanding the needs and preferences of every trader we have divided the entire plan in 4 Groups, each group contain 3 Pairs of same Base Currencies, therefore it gives options for traders to select the group as per there preferences and choice.
He joined London - based Currency Cloud in 2011, growing the firm to processing more than $ 8 billion of international payments per annum.
FXCM, a New York - based currency broker, said late Friday that it was getting a $ 300 million rescue loan from financial firm Leucadia National Corp..
Consider for instance that Bitcoin is the de facto base currency used to exchange most cryptocurrencies into fiat currency and vice versa.
NextOption enables opening up an account by using many base currency crosses in order to cut on Conversion fees; they are at present permitting opening forex accounts in EUR, USD, AUD, GBP & RUB.
The Chinese and Russians want an equity / asset based currency.
The US Dollar ended the week little changed Friday marking an eight straight monthly gain for the world's base currency when measured against a basket of 6 major counterparts; as investors shrugged off a string of poor data sets throughout February on expectations the Fed will adjust its benchmark interest rate at some point this year.
Please note that there will be times when you are expected to go out of your way to hire experts to help you handle some high — profile internet based currency consultancy contracts especially from big corporations.
By extension, bitcoin is an internet - based currency sans a central authority — for now, at least.
Whether you are a regular Forbes reader or a goat herder in Kenya it may be difficult to conceive of what problem blockchain - based currencies solve for you.
My fear is that at some point, some significant player will follow a discordant approach which changes the terms of the tenuous equilibrium, leading to global inflation (monetize the debts for real; do not sterilize) or insist on fair payments at par (adopt a gold or other commodity - based currency standard).
Fixed or variable, immediate or deferred the idea of investing in a gold based currency via an annuity for a potentially more secure future payout (in CHF)[Swiss Franc] seems a good strategy.
As gold is seen as safe heaven against fluctuating economy and equities market, every trader or investor wants to have exposure in this yellow metal but they do not want to trade in international market where investment required is huge and also base currency is USD.
Note I'm going to focus on Gross figures from here on, as readers have v different broker service, commission costs, tax statuses, base currencies etc..
Not to suggest FX is unimportant — in fact, I encourage you track & diversify your currency exposure — but it's a separate exercise & readers have multiple base currency perspectives anyway.
That said, it does restrain inflation, because inflating a metallic - based currency takes a lot of work.
The increase in Passive Hedging management fees was primarily driven by net AUME inflows totalling $ 2.5 billion during the year, assisted by the effects of translating fees charged in clients» base currencies during a period of sterling weakness.
Hoarding miles, however, is never recommended as this type of mile - based currency only devalues over time as airlines raise award ticket prices, tighten availability and adjust their programs to discourage loyalty among lower - spending travelers.
The Barclays Arrival Premier will have airline mileage transfer partners, allowing you to transfer points from what's traditionally a revenue based currency into a fixed mileage program.

Phrases with «base currency»

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