Sentences with phrase «converts fiat»

The phone is expected to be powered by Sirin OS, which features an embedded cold storage crypto wallet and a system that auto - converts fiat money to digital tokens, which are needed to run different blockchain apps.
The company also plans to develop an embedded cold storage crypto wallet and a system that automatically converts fiat money to digital token required to run different blockchain applications for its smartphone.
Bitit is the most convenient place to instantly convert your fiat currency such as USD, EUR, or GBP to Bitcoin.
fiat paper money is nothing but debt just do what the rich do they convert their fiat paper money into real tangible assets like precious metals or income producing real estate.
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.
Here, you can choose to convert your fiat into any of the supported currencies, including Bitcoin.
To convert fiat into bitcoin, press the «menu» icon on the top left of your Abra home page.
Or should I first convert my fiat into Bitcoin, then buy Ether?
In the case of cryptocurrencies, this might be converting fiat currency (USD, EUR, etc.) to a cryptocurrency, or trading one cryptocurrency for another.
Exchanges typically have their own specific process of converting fiat currency to cryptocurrency and back, but the general process remains the same.
This idea is based on the fact that wages in cryptocurrencies, including Ethereum, one of the major virtual currencies, has a potential to attract a great number of technologically - skilled talents because progressive people are currently willing to convert their fiat money into cryptocurrencies.
In the case of cryptocurrencies, this might be converting fiat currency (USD, EUR, etc.) to a cryptocurrency, or trading one cryptocurrency for another.
Bitcoin ATM machines allow people to convert fiat currency like dollars into cryptocurrency, and vice versa, on the spot.
The issue there is whether people are converting fiat money into Bitcoin in order to profit off its current meteoric rise in value, or whether they intend to actually spend it.
In all fairness though, the feature is still a useful addition to anyone who is in the habit of converting fiat currencies to crypto in their heads — and will likely save them some time and clicks in the long run.
We're converting all fiat donations into Bitcoin and distributing these to the following projects:
For those unfamiliar, the currency converter essentially lets you convert fiat currencies to BTC, BCH, ETH or LTC by simply highlighting the original amount — without leaving the site or using third - party converters.
That's exactly what happened on Thursday when Coinbase, the $ 1.6 - billion - valued company behind what is arguably the world's best - known exchange for converting fiat into crypto, hit the top spot for free apps in Apple's U.S. App Store for the first time as the price of bitcoin rocketed past $ 17,000 thanks via a price jump of over 20 percent in 24 hours.
Among its crypto - ready offerings, Sirin Labs plans for its phone to have an embedded cold storage crypto wallet and a system to automatically convert fiat money to the digital tokens needed to run different blockchain - based applications.
If you are reading this post, then I suppose that you already know how to convert your fiat currency into cryptocurrency.
For example, customers will be able to «deposit» money with Circle, thereby instantly converting fiat money into bitcoin, and «withdraw» money via the service, converting bitcoin into local currency that can then be transferred to a bank.
The site features an interactive Bitcoin «onboarding tool» that walks consumers step - by - step through the process of creating a Bitcoin wallet and converting fiat currency into Bitcoin, with recommendations for individual customers based on their geographic location, operating system and spending preferences.
That means using bitcoin to buy ether or Zcash, transferring cryptocurrencies into fiat currencies like American dollars, or even converting fiat currencies within the digital wallet.
Bitcoin Central first became famous in December 2012 when the exchange announced an agreement with the payment services provider Aqoba to convert the fiat currency portion of its users» exchange accounts into what would essentially be bank accounts.
Anyone can participate to earn MTL as a reward for converting fiat to cryptocurrency.»
To get a cryptocurrency like ETH / BTC, you need to convert your fiat currency to ETH / BTC on any popular exchange site.
By contrast, Mr. Shanmugaratnam's recent statement illustrates that the MAS is seeking to expand its regulatory mandate to greater monitor businesses that convert fiat into cryptocurrencies.
Once you have converted your fiat currency to bitcoin you can spend it online or store it as an investment.
What if the world's third largest smartphone company distinguished its product by teaming with a crypto - savvy phone operating system, allowing it to provide cold storage and a way to instantly convert fiat to crypto?
Embattled Chinese smartphone maker, Huawei, is rumored to be in serious talks with Sirin Labs to bring its handset into the cryptoverse, possibly incorporating the Swiss company's cold storage wallet along with its system to instantly convert fiat to crypto.
Sirin Labs is most famous for 2016's Solarin smartphone, retailing for $ 16,000, and, more recently, its successful initial coin offering (ICO) last year in preparation to launch The Finney (named after Hal Finney), a smartphone claimed to include an embedded cold storage function and a way to automatically convert fiat to crypto.
Whether you want to convert your fiat currencies to crypto or trade your crypto holdings for other cryptos, the safest and easiest way to do this is through an exchange.
You'll have to first convert your fiat currency into Bitcoin, Ether, or Litecoin and then store them in your cryptocurrency wallet.
As a result, investors can only access them by first converting fiat money into BTC tokens.
Pain points still persist though, most notably when it comes to converting fiat prices to bitcoin prices.
Tokia combines a convenient cryptocurrency exchange platform where every user can convert their FIAT money to desired cryptocoins (or vice versa).
Changelly is primarily used to convert one cryptocurrency for another, while most investors use Coinbase as an «on - ramp» to convert fiat currency (e.g. US dollars) to blockchain assets.
It features a single panel of operation for sending and receiving payments and shows users only the converted fiat currency value of their bitcoin holdings.
The Waves Platform relies on fiat gateways run by compliant operators and these operators are organizations that allow users to easily convert fiat currencies into digital tokens.
The only difference is that you are converting your fiat (The U.S. dollar is an example of fiat money) to a cryptocurrency.
The logical interpretation is that users will convert these fiat - pegged tokens for actual money, though it remains to be seen how that will exactly work.
Also, most exchanges accept direct fiat currency payments and account holders can quickly convert fiat to crypto and promptly cash out digital coins when necessary.
Waves» fiat gateways are run by compliant gateway operators which are organizations (like payment providers) thanks to which users can easily convert their fiat currencies into tokens on the Waves blockchain.
Through this partnership, Revolut users will be the first ever to buy, sell and hold the three cryptocurrencies and instantly convert fiat money to cryptocurrency within the app.
It's a pain, but it does give Coinbase a reputation for being the most trusted way to convert fiat currency to cryptocurrency.
Converting fiat currency to its equivalent value in bitcoin to use as a medium of exchange, much like a visitor to a foreign country might convert their own native currency to that of their host country;

Not exact matches

The blockchain can track individual payments and can link them to individuals as soon as they're converted into fiat.
Investors sent cryptocurrencies to overseas partner companies through virtual wallets — the transfers were then converted back into fiat currencies.
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.
Plus, it can be converted into a ton of different local fiat currencies if needed.
a b c d e f g h i j k l m n o p q r s t u v w x y z