In order to bring Bitcoin to as many everyday people as possible, we need to make it more accessible to both buy and sell BTC in
exchange for fiat currency.
Like any other currency exchange, Bitcoin exchanges buy and sell cryptocurrencies (in
exchange for fiat money) in order to turn a profit.
A Bitcoin ATM functions effectively in the same way as a cash machine from your local bank, except that you can buy (and at some ATMs also sell) bitcoin in
exchange for fiat currency.
Local Monero allows the trading of the Monero (XMR) cryptocurrency in
exchange for fiat currencies.
Bitsquare has an open source P2P system that allows anyone to sell Bitcoin in
exchange for fiat currency (USD, EUR or Yen), and alternative cryptos.
In an ICO campaign, a percentage of the cryptocurrency is sold to early supporters of the project in
exchange for fiat currency or other cryptocurrencies, but usually for ETH as the majority of the coins are launched on ethereum blockchain as ERC - 20 coins.
In an ICO campaign, a percentage of the cryptocurrency is sold to early supporters of the project in
exchange for fiat currency or other cryptocurrencies, but usually for Bitcoin.
Athena machines offer both the buying and selling of cryptocurrency, which means American BCH holders have gained not only a new convenient method to increase their stockpile of the cryptocurrency but also the ability to easily
exchange it for fiat in case they need to pay in shops that don't accept credit or crypto.
In a typical ICO campaign, a predetermined percentage of the new cryptocurrency is distributed among early backers in
exchange for fiat or other (more established) cryptocurrencies such as bitcoin and ethereum.
In ICO, the companies cryptocurrency is sold in form of «tokens» in
exchange for fiat money and other digital money like Bitcoin and Ethereum.
Thus, token holders may redeem the ETK tokens on the Energi Mine platform to pay for energy bills, electric vehicle recharging or
exchange for fiat currency.
There are several exchanges in the crypto community that offer users the opportunity to trade bitcoin in
exchange for fiat or altcoins, but not all of...
Alternatively, you can sell your cryptocurrencies in
exchange for fiat currency.
coinbase is the easiest most user - friendly
exchange for fiat currency to crypto.
To circumvent the law (gambling is illegal in China) people were using play money poker sites to set up real money games using play money in
exchange for fiat currency transactions away from the tables.
Tellers buy and sell digital currency on and off the phone in
exchange for fiat.
Volume matters because the speculation claims that BitPay services provide an easy means to move the value out of the Bitcoin economy in
exchange for fiat.
Two - way ATMs, which allow customers to sell bitcoin in
exchange for fiat cash, globally represent only a third of the supply (35.41 %), with one - way ATMs representing almost two thirds (64.59 %).
On this platform, the tokens will be
exchanged for fiat currencies — since trading through fiat money will be allowed on this platform, we can expect ICOs selling like hot cakes.
The project's token, CNZ, will be the currency used for all functions of the project and can be traded on
the exchanges for fiat currency at the end of the ICO.
Cryptocurrency payments received can be automatically or manually
exchanged for fiat currencies.
Currency exchange rates, including the rates at which digital assets may be
exchanged for fiat currencies;
Lastly, the interoperability of bitcoin and ethereum - based tokens with other cryptocurrencies, and also with the legacy financial system when being
exchanged for fiat currencies, are processes wrought with friction.
However, he concluded that any lasting benefits for litecoin are also good for bitcoin, given that bitcoin is the cryptocurrency that can most readily be
exchanged for fiat currencies.
So Gore's position is that because bitcoin is
exchanged for fiat currency, it needs to be properly regulated.
The tokens can be used to purchase DDoS protection or
exchanged for fiat currency.
HAC tokens are
exchanged for fiat currencies and other cryptos free of charge on liquid exchanges.
In contrast, ALAX token payments will be made directly to the developer, and can then be
exchanged for a FIAT currency (USD, EUR, THB, PH, etc) at any time.
The inclusion on the South Korean cryptocurrency exchange follows HMQ's existing listing on Bittrex, YoBit, Liqui and EtherData, and adds to the platforms where individuals and companies can purchase HMQ, which may then be
exchanged both for the fiat and various other cryptocurrencies.
The digital currency can be used to pay for goods or services and can be
exchanged for fiat currency.
While bitcoin is usually
exchanged for fiat currencies and later used within the country, Germany has accepted the use of bitcoin as a direct mode of payment.
Bridgecoin serves as a collateral token that can be
exchanged for fiat currency, while Sweetcoin is a discount token that reduces or even eliminates user fees.
The move effectively renders the stolen coins useless, as they will be flagged if users try to cash out on
exchanges for fiat or other cryptocurrencies.
These virtual currencies can be
exchanged for fiat currencies like the euro, US dollar, British pound and Swiss franc.
The tokens the seller collects can be
exchanged for fiat currency, and the buyers own a percentage stake in the property.
The project's token, CNZ, will be the currency used for all functions of the project and can be traded on
the exchanges for fiat currency at the end of the ICO.
Not exact matches
She asked them to consider a safe harbor
for virtual currency startups, and to consider only regulating
exchanges that change so - called
fiat currencies — or legal tender that's not backed by physical commodities like gold — into virtual ones.
Poloniex, which
for now trades only digital tokens (about 70 types), needed a way to translate its cryptocurrency
exchange fees into
fiat money like U.S. dollars — «to buy cookies and milk and pay rent,» as Allaire likes to say.
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.
Virtual currency
exchanges allow their customers to trade virtual currencies — usually
for other virtual currencies, but also
for other assets such as
fiat money.
The finance ministry had published an earlier draft of the latter bill on its website in January 2018, and noted that the central bank took exception to a provision that would allow decentralized cryptocurrencies to be traded on
exchanges for other digital assets as well as
for fiat money.
Consider
for instance that Bitcoin is the de facto base currency used to
exchange most cryptocurrencies into
fiat currency and vice versa.
If there is a world standard
for a decentralized currency
exchange, it is the fiat Foreign Exchange Market or Forex where desktop traders, central banks, and everyone in between meets to buy and sell the fiat currencies of th
exchange, it is the
fiat Foreign
Exchange Market or Forex where desktop traders, central banks, and everyone in between meets to buy and sell the fiat currencies of th
Exchange Market or Forex where desktop traders, central banks, and everyone in between meets to buy and sell the
fiat currencies of the world.
For all intents and purposes, a crypto -
exchange fulfills the same role as a
fiat exchange, but they have no connective tissue or link between each other.
One of his views that always stuck with me on that subject, at least as a starting point
for thinking about it, was that it was somewhat nonsensical to talk about what «equilibrium
exchange rates» should be in a world of
fiat currencies and fractional reserve banking.
If you go to an online
exchange, and deposit
fiat / local currency, you can then
exchange your currency
for the equivalent value in bitcoin.
For example, on most
exchanges, you either have the option to use
fiat (e.g. USD) or bitcoin to buy or trade altcoins.
Purchase of bitcoins
for fiat currency will add extra 0.2 - 0.3 % on top of price (
exchange fees).
As investor Salil Deshpande of Bain Capital Ventures describes it in a new Medium post about the outfit, this last scenario alone is a huge opportunity, given that «regulatory, tax and legal issues make it onerous and costly
for cryptotraders to trade with
fiat, and many crypto
exchanges do not even offer the ability to use
fiat.
MtGox is currently the largest
exchange and offers several methods
for getting
fiat currencies into the
exchange.