Sentences with phrase «convert from fiat»

At the point when you convert from fiat currency to cryptocurrency and vice versa, should we be regulating the flows of money at that point?

Not exact matches

The proceeds from this mining will be converted into fiat currency and donated to UNICEF Australia to supply vulnerable children worldwide with supplies like vaccines, food, and safe drinking water.
With UTRUST you can accept multiple cryptocurrencies at once and all payments received will be converted to fiat currency to protect you from market price fluctuations.
Funds are immediately converted to fiat currency in order to protect the seller from market volatility.
by Yesterday the Bank of England cut its main interest rate from 0.5 % to 0.25 % for the first time, marking its first interest rate change since March 2009, and provided all of us with more reasons to keep converting fiat currencies into physical gold and physical silver.
If we want to exchange from other cyrptocurrecy to fiat do I have to convert it to btc first?
With Abra enabling people to convert to and from fiat currency and bitcoin as well as with Abra's underlying technology making use of bitcoin under the hood, will we be expecting any service disruption on August 1st with Abra (noting that there might be a potential disruption with the bitcoin network at that time)?
Lawyers can then convert them to LGR and then fiat currency or choose to spend them in the Justice Rewards Network, a referral network that will offer discounts to services and products from Legaler's legal industry partners.
The central banks have been hamstrung and limited to exercising a very modest degree of regulation over exchanges where cryptocoins are converted to and from fiat currencies.
The platform also protects merchants from crypto market volatility by allowing the convert their crypto to fiat on the fly.
In order to guard against this risk, EthSuisse intends to periodically convert proceeds from the sale of ETH into fiat currencies instead of BTC.
Usually this is done via using own capital (fiat and BTC) in order to fund hot wallet (from where bitcoins are sent to customers) or additionally holding some liquidity on bitcoin exchange (fiat currency liquidity), which is converted to BTC when transaction happens to lock exchange rate and laterto replenish hot wallet for future transactions.
Visa said that it has other approved card programmes that use fiat funds converted from cryptocurrency in a number of jurisdictions and that WaveCrest's membership termination does not affect these other products.
It is the only means of value transfer between parties over the protocol and it can be converted from any other cryptocurrency or fiat.
Much like multinational corporations (MNC) with large overseas operations, miners of cryptocurrency networks as a whole do not measure the income they receive in terms of bitcoins (or other discrete cryptocurrencies), but instead they measure their income in terms of «fiat» from foreign financial markets, specifically converting bitcoins into the local fiat currency where their mining operation physically resides.
Among them, there is a number of bitcoin miners who buy hardware from TigerDirect because with that company they don't need to convert the bitcoins they have mined into fiat.
Depending on your country, you can add funds by converting bitcoin into FIAT, from bank transfer, or using our digital currency exchange features inside the app.
The Litecoin stored within their LitePay wallet is converted instantly to fiat, with a flat 1 % fee on all purchase — a significant decrease from the 3 % usually charged by credit cards.
To that end, he told the Russian government news site, he wants to ban all crypto exchanges and prevent residents from converting the nation's fiat currency into any form of cryptocurrency.
One of the options for those dealing with other cryptocurrencies apart from Bitcoin is to first convert it to Bitcoin and then to fiat to use the Bitcoin debit card.
Users can use these tokens to pay for additional service time, purchase services online from other companies participating in the mytime platform or convert them to fiat currency.
The termination of Wave Crest's Visa membership does not affect other Visa issuers» card programmes, including those using fiat funds converted from cryptocurrency,» said Visa in a statement.
With UTRUST you can accept multiple cryptocurrencies at once and all payments received will be converted to fiat currency to protect you from market price fluctuations.
So you can stroll up to an atm, withdraw, say, $ 200 from your BTC linked wallet, and CoinMetro will handle the sell order instantly, and convert that into USD (or whichever fiat currency your using) right on the spot.
The traditional way of buying and selling cryptocurrencies on an exchange is to convert your coins to and from fiat currency.
This coin lets you make quick and cheap transfers while simultaneously converting money from cryptocurrency to your fiat currency of choice.
Funds are immediately converted to fiat currency in order to protect the seller from market volatility.
Right now, accepting bitcoin requires almost no effort from the merchant and, once sales start coming in, igot automatically converts the bitcoin to fiat currency and places it in the merchant's bank account.»
The Company will not be receiving USD (or any other fiat currency) as a result of the Company's plans not to convert the Dash from the masternodes into Fiat and until the Company's plans change at which time there can be no assurances that the price of Dash will not significantly decrease due to its price volatility or that the Dash could be converted into USD (or any other fiat currency) at that time.
Uphold users are now able to purchase XRP directly from the website with no transaction fees for the first 5 million XRP purchased, and they may convert the cryptocurrency into seven other cryptocurrencies, 23 fiat currencies, and four precious metals.
Fans who pre-order the album directly from the artist or her label One Little Indian will further receive a reward of 100 audiocoins - a cryptocurrency designed specifically for music industry - which can then be converted into other cryptocurrencies or into fiat money, the report adds.
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