Sentences with phrase «bitcoin as your transfer»

The only downside to choosing a currency other than bitcoin as your transfer coin is the slight inconvenience of switching back to bitcoin on the exchange before you can purchase your altcoins.

Not exact matches

The Crypto Company's runup came amid an explosion in investor interest in cryptocurrencies such as bitcoin, which promise to allow secure digital transfer of assets and value.
Other custodians include Boston - based Circle, which began as a consumer bitcoin service, but has pivoted into a global money transfer service.
Meanwhile, bitcoin still has defenders such as Jeremy Allaire, a successful entrepreneur who raised over $ 60 million for his startup, Circle, a money transfer service for consumers using bitcoin behind the scenes.
It plans to dip its toes into the cryptocurrency market as well, and said it will allow users to hold, exchange, spend and transfer cryptocurrencies like bitcoin and ether on its app soon.
Digital currencies such as Bitcoin are making money transfer more affordable and seamless.
The Dec. 20 sentencing of Charlie Shrem, one of the digital currency's most vocal cheerleaders as vice-chairman of the Bitcoin Foundation and chief executive of an exchange called BitInstant, to two years in prison for illegal money transfers doesn't help.
«As a leader and trusted partner in the bitcoin system, BitFury has decided to transfer some of its hashing power away from Ghash to help reduce these concerns.»
The article also misstated the amount that an anonymous donor known as Pine transferred in Bitcoin to the Multidisciplinary Association for Psychedelic Studies.
Although Abra has always been powered by Bitcoin, the new addition will allow users to buy, store, transfer and spend Bitcoin directly as
The group has begun to use cryptocurrencies such as Bitcoins as it looks for anonymous and untraceable ways to transfer money.
But as bitcoin began attracting greater attention from developers and technologists, novel projects began to use the bitcoin network for purposes other than transfers of value tokens.
In Bitcoin's case the distributed database is conceived of as a table of account balances, a ledger, and transactions are transfers of the bitcoin token to facilitate trustless finance between indivBitcoin's case the distributed database is conceived of as a table of account balances, a ledger, and transactions are transfers of the bitcoin token to facilitate trustless finance between indivbitcoin token to facilitate trustless finance between individuals.
Bitcoin opens the doors for many things, such as a way to transfer value to anyone in the world in seconds, for just a few cents.
The advantage of using Bitcoin's blockchain is that it offers features such as robustness and transparency, non-counterfeit ability, immutability, and ease of transfer, thus allowing asset manipulation with unprecedented ease of use and flash - forward security.
BinaryMate offers a number of different payment methods, which include various credit and debit cards, as well as e-wallet features, wire transfers, and even Bitcoin payments.
* one of the «post-fork» currencies alluded to above, Bitcoin Cash (BCH), seems actually superior to BTC, as its transaction costs are much lower and its transfer speed is much faster — and yet, it trades approximately at an 80 % to 85 % discount to BTC.
The idea is that buyers would purchase crypto - tokens to license images using payment methods such as Credit Cards, Wire Transfers, Bitcoin, Ethereum, etc..
Transfers of tokens are recorded in distributed ledgers called blockchains, and buyers pay for the instruments with cryptocurrencies such as bitcoin and ether.
A Reddit consumer even claimed to have transferred $ 16,000 value of bitcoin (~ 2 BTC) for as little as $ 0.20 in charges.
The card pairs with a phone in order to initiate the transfer of funds such as litecoin, bitcoin core, ripple, and ethereum.
Unless we are prohibited from doing so by any applicable law, regulation, court order or instruction or guidance of a competent regulatory authority or agency, in terminating your account we may do any of the following at our sole discretion: A. transfer the funds back to the source; or B. convert your account balance to Bitcoins at our then - prevailing rate, subject to applicable fees and as soon as practicable give you 48 hours» notice that we intend to deactivate your account, requesting that you provide us with an alternative bitcoin wallet address to which we can transfer your bitcoin within that period (the «Redemption Period»);
This consequently raised the Trezor fee, costing some users as much as $ 200 to transfer a single bitcoin.
We primarily accept Ethereum (ETH), as well as Bitcoin (BTC or XBT) and USD via Wire transfer for the REPUX Public Token Sale, which starts on the 6th of March 2018.
I got the ABRA app to buy and hold bitcoinas I read it was much easier than the constant paypal transferring I was doing to fund a virwox account.
Or (option 2) will there be $ 500 in USD and the bitcoin that I'm transferring will stay as Bitcoin — an additional B1 ($ 1200 value) or so in my wall as bbitcoin that I'm transferring will stay as Bitcoin — an additional B1 ($ 1200 value) or so in my wall as bBitcoin — an additional B1 ($ 1200 value) or so in my wall as bitcoinbitcoin?
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.
We would advise setting your «Wallet Currency» to Bitcoin first, and then transferring the money into your account, so it will show up as Bitcoin.
Additionally, FinCEN claimed regulation over American entities that manage bitcoins in a payment processor setting or as an exchanger: «In addition, a person is an exchanger and a money transmitter if the person accepts such de-centralized convertible virtual currency from one person and transmits it to another person as part of the acceptance and transfer of currency, funds, or other value that substitutes for currency.»
As expected, users buying Bitcoins from bank accounts have a hard time and have reported frustrations due to the complex procedures, not forgetting delays in funds arriving and high transfer fees.
It is important to point out the fact that last year, bitcoin transaction fees skyrocketed to a new all - time high, as people saw fees as high as $ 55 for relatively small transfers of value.
One of the main benefits might be the ability to transfer bitcoin and other currencies between users free of charge, as it's being passed through Cryptopia rather than along the blockchain.
If this is the case on your chosen exchange, you'll first need to acquire a cryptocurrency that's available in a pairing with ADX, such as Bitcoin (BTC) or Ethereum (ETH), then transfer it to your HitBTC wallet address for that crypto.
«Hawala operators are looking at Bitcoin as one of the safest means to transfer and receive money.
These proposals were hard forks, meaning that their implementation could break Bitcoin as a system for value transfer (http://wallstreettechnologist.com/2015/08/19/bitcoin-xt-vs-core-blocksize-limit-the-schism-that-divides-us-all).
Unlike credit card payments, bitcoin transfers can be as small as a dollar, and they are not subject to the frequent credit card declines which affect forex traders paying from developing countries.
The «cross-ledger» scenario refers to what are commonly known as «cross-chain atomic swaps,» the transfer of value between two separate Blockchains, which is a principal goal of the Lightning Network for cryptocurrencies such as Bitcoin and Litecoin.
A sum of Bitcoin (or Airpoints) can be held for a period of time as a store of value to be transferred or redeemed in the future, albeit that the terms of exchange may be different to those prevailing when the unit of currency was first acquired.
Bitcoin appears to have been a convenient method of transfer of value as speculators have also taken advantage of the prevailing demand for the cryptocurrency.
Many individuals that have large bitcoin balances will store the majority of their balance in this way, and transfer small amounts to their online storage as and when required.
Rather than using large amounts of local cash to make certain transactions such as for cars or equipment, they are doing instant peer - to - peer bitcoin transfers using the Wirex mobile wallet and using virtual payment cards for USD purchases online.
The Trustee's custodial operations may refuse to accept instructions to transfer Bitcoins to or from the Trust Custody Account if, in the opinion of the Trustee's custodial operations they are or may be contrary to the standards set forth in the Trust Agreement which establish the minimum requirements acceptable for Bitcoins to be deposited into the Trust Custody Account («Good Delivery Standards»), as applicable, contrary to any applicable law, or a threat to the security of the Trust's assets or the Security System storing such Bitcoins on the Trustee's premises.
The Trustee will transfer Bitcoins from the Trust Custody Account to the Trust Expense Account at such times and in the smallest amounts required to permit such payments as they become due.
As a result of the recurring transfers of Bitcoins to pay the Sponsor's Fee and the Trust expenses not assumed by the Sponsor, the net asset value of the Trust («NAV») and, correspondingly, the fractional number of Bitcoins represented by each Share, will decrease over the life of the Trust.
If any Shares remain outstanding after the date of termination, the Trustee thereafter shall discontinue the registration of transfers of Shares, shall not make any distributions to Shareholders, and shall not give any further notices or perform any further acts under the Trust Agreement, except that the Trustee will continue to collect distributions pertaining to Trust assets and hold the same uninvested and without liability for interest, pay the Trust's expenses and sell Bitcoins as necessary to meet those expenses and will continue to deliver Trust assets, together with any distributions received with respect thereto and the net proceeds of the sale of any other property, in exchange for Shares surrendered to the Trustee (after deducting or upon payment of, in each case, the fee to the Trustee for the surrender of Shares, any expenses for the account of the Shareholders in accordance with the terms and conditions of the Trust Agreement, and any applicable taxes or other governmental charges).
The Trustee will transfer Bitcoins held by the Trust to the Trust Expense Account to pay Trust expenses not assumed by the Sponsor on an as - needed basis, irrespective of then - current Bitcoin prices on the Bitcoin Exchange Market.
In a Bitcoin transaction, the Bitcoin recipient must provide its public key, which serves as an address for the digital wallet, to the party initiating the transfer.
A transfer of Bitcoins from the Trust Custody Account may only be made as follows: (1) by transferring Bitcoins to an Authorized Participant Custody Account in connection with a redemption of one or more Baskets; (2) by transferring Bitcoins to the Sponsor's Custody Account to pay the Sponsor's Fee; (3) by delivering the Bitcoins to such party as the
Although Bitcoin was first perceived as a disruptive threat to the banks, creating the opportunity for customers to transfer money between each other directly, the technology that underpins it now promises to improve the banking experience in a number of areas, including cross-border transactions.
You forget that in many countries banks are at best reluctant in transferring money obtained from selling bitcoins or other cryptocurrencies into an account as the bank can not guarantee to the government that the funds are not being whitewashed.
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