Sentences with phrase «bitcoins for fiat currencies»

A bitcoin exchange business is a site that facilitates exchange and trading bitcoins for fiat currencies or other digital currencies, and vice versa.

As a bitcoin exchange and trading company, your responsibility is to create a bitcoin exchange site that facilitates trading and exchanging bitcoins for fiat currencies or other digital currencies, and vice versa.

Purchase of bitcoins for fiat currency will add extra 0.2 - 0.3 % on top of price (exchange fees).

Until 2017, the majority of Wirex customers worldwide enjoyed the fruits of early bitcoin adoption and powered their bitcoin lifestyle by exchanging bitcoin for fiat currencies (USD, EUR, GBP)-- making payments with their Wirex prepaid debit card.

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

This means that Europeans can lightly continue to trade bitcoin for fiat currency without having without having to worry about taxes.

Purchase of bitcoins for fiat currency will add extra 0.2 - 0.3 % on top of price (exchange fees).

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

The company is exchanging bitcoins for fiat currency on US territory, and it has indeed taken the step of securing an MSB license at the federal level.

Until 2017, the majority of Wirex customers worldwide enjoyed the fruits of early bitcoin adoption and powered their bitcoin lifestyle by exchanging bitcoin for fiat currencies (USD, EUR, GBP)-- making payments with their Wirex prepaid debit card.

The collaborative system, called «Express Trade», will allow clients to buy and sell bitcoin for fiat currency and to keep their funds using traditional bank accounts.

When you trade the bitcoin for fiat currency, then you're trading an asset for dollars.

A taxable event is whenever you cash out your bitcoin for any fiat currency (dollars, euros and etc.) or when you trade a bitcoin for anything (bartering).

The concept is simple, buy Bitcoin from your fiat currency at the lowest price and sell your Bitcoin for fiat currency at the highest price.

Xapo does not allow you to sell Bitcoin for a FIAT currency directly.

Bitsquare, an open source project led by the Austrian - born Manfred Karrer, allows anyone to trade Bitcoin for fiat currency as well as altcoins, without requiring a company, central intermediary or permission from anyone.

Ahead of New Year holidays (starting Feb. 15), Chinese and South Koreans often exchange bitcoin for fiat currencies (to fund increased spending), and bitcoin (BTC) tends to drop in the run - up to the event.

By the end of the year, there was no longer a Chinese industry exchanging bitcoin for fiat currency.

Users can create or take an order and trade Bitcoin for fiat currencies via out - of - band payment mechanisms.

Instead, snapCard users can trade their bitcoins for fiat currency at the current exchange rate when they make a purchase.

Not exact matches

Once a company creates its own digital token, it can host a crowdsale to sell these tokens in exchange for Ethereum, Bitcoin, and fiat currency.

While innovation should always be encouraged, Bitcoin isn't yet fit as a place for orphans and widows to shelter their nest eggs — although there are admittedly plenty of gold bugs who would say the same about fiat currencies.

Consider for instance that Bitcoin is the de facto base currency used to exchange most cryptocurrencies into fiat currency and vice versa.

If you go to an online exchange, and deposit fiat / local currency, you can then exchange your currency for the equivalent value in bitcoin.

Following last week's US Senate hearings on virtual currency, Bitcoin has hit all time highs exceeding even the most optimistic estimates for price versus fiat currencies.

My vision for Bitcoin is pretty simple: a legal and widely utilized, decentralized replacement for fiat currencies.

, you can convert altcoins into Bitcoin and sell for fiat currency.

So in summary — most likely maintaining a public ledger would have meaningfully higher transactions cost than centralized clearing — however, there are use cases for bitcoin / cryptos where fiat currency is not an option so difference is transactions costs is not a consideration — to the extent the market ascribes value to bitcoin / cryptos this value can not be diluted or as easily confiscated

Hi Alex, so if you have Bitcoin (BTC), you can send in BTC to Abra and then exchange for any of the 20 cryptocurrencies or 50 fiat currencies listed on our app!

The way OneBit works is as follows: the app will serve as a mobile Bitcoin wallet, which can convert to fiat currency on the fly — at the best rate available — and lets users pay for goods and services wherever NFC payments are possible.

Abra's new Bitcoin - based multi-signature wallet for holding, sending and exchanging between digital assets, starting with ether and 52 fiat currencies

All client deposits and assets, including both bitcoin and fiat currency, are held for customers in secure custodial accounts in order to ensure the safe return of customer balances.

This is a great solution for people who do not want to trade with their Bitcoin assets, but instead want to use fiat currencies.

Karlo said this has led to bitcoin becoming «less useful for payments», incurring significantly high fees, rising transaction confirmation times and increasing failure rates for transactions denominated in fiat currencies.

Triple Dice Exchange is an online trading platform that services clients of all types who are in the market for the buying and selling of Bitcoin, as well as of altcoins and other fiat currencies.

Ripplecoin, created in 2011, was built on the same protocol as Bitcoin but services as a payment system — think of it like a Paypal for cryptocurrencies that supports any fiat currency, cryptocurrency, commodity or even frequent flier miles.

It is the Registrant's view that Bitcoins should not be regarded as coins, or otherwise as collectibles, for purposes of section 408 (m), because Bitcoins are a virtual, rather than a fiat currency (see «Bitcoin Value,» above) and, as such, do not take the form of tangible personal property, in contrast to a coin or any of the other items defined as a «collectible» under Section 408 (m).

For fans that might not have fiat currency in their account to purchase tickets for the next big Champions League game, but have plenty of bitcoin, they could use their bitcoin wallet to make an instant and highly secure transaction of a seat at Old TraffoFor fans that might not have fiat currency in their account to purchase tickets for the next big Champions League game, but have plenty of bitcoin, they could use their bitcoin wallet to make an instant and highly secure transaction of a seat at Old Traffofor the next big Champions League game, but have plenty of bitcoin, they could use their bitcoin wallet to make an instant and highly secure transaction of a seat at Old Trafford.

They may also be tradable for cryptocurrency (i.e. Bitcoin) or fiat currency (i.e. CAD or USD).

It may be argued that overall, the overhead for Bitcoin is far less than for fiat currency, when you consider the cost of all the intermediaries.

For example, we offer loans against Bitcoins — where the coins are used as collateral for fiat currency loaFor example, we offer loans against Bitcoins — where the coins are used as collateral for fiat currency loafor fiat currency loans.

Buying Ripple with fiat currency is the best option for those that do not have bitcoins in their possession.

Ripple can be purchased with fiat currency or it can be traded for Bitcoin on most crypto exchanges.

Similar to traditional Automated Teller Machines, Bitcoin ATMs allow people to exchange fiat for the blockchain - based virtual currency.

And while fiat currency payments are now evidently the focal point for its business (rather than Bitcoin payments), Circle does still offer the ability to feelessly pay people elsewhere in the world, in some 150 countries — and for that it needs to loop Bitcoin into the mix, turning dollar payments into BTCs deposited into the recipient's Bitcoin wallet.

Sources say that the ICO will require real fiat currency like US dollars for buy - in, not Bitcoin or Ether as others ICOs have to date.

Today Circle is adding support for its second fiat currency — UK sterling — so it can now offer its users feeless cross-border payments between US dollars and UK pounds (or vice versa), as well as Bitcoin payments.

The stated and / or actual time for a majority of fiat currency and bitcoin transfers (whether deposits or withdrawals) must not exceed two business days.

5th Nov 2015 11:00:00 UTC: The sixth criterion of the XBP was amended so that the stated and / or actual time for a majority of fiat currency and bitcoin transfers (whether deposits or withdrawals) must not exceed two business days.

This means that you can sell goods for bitcoin but price them in a fiat currency so you don't have to worry about bitcoin price volatility.