Sentences with phrase «fiat conversions on»
Ripple has fiat conversions on over 10 digital currency exchanges to quickly convert to the local dollar in any given country.
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Comments were made by representatives of the central bank as well as the Securities and Exchange Commission on Tuesday, regarding the regulation of exchanges offering fiat - to - cryptocurrency conversion.
Specifically, it does not cover VC creators but only focuses on entities facilitating the conversion or exchange of any VC into fiat currency or vice versa.
Other applications outlined on its website are identity management, a credit system, and Daedalus, a universal cryptocurrency wallet with automated crypto trading facility and crypto to fiat conversion capabilities.
Bitcoiners can now send bitcoin to pay people without having to explain bitcoin: just ask the recipient to send a payment request using the Abra wallet, and the conversion from bitcoin to fiat will happen on - the - fly.
They won't provide you with the conversion of crypto and fiat currencies that you'll find on crypto exchanges.
As for Stellar, its ecosystem has two primary components: the people running Stellar nodes on their machines, and the anchors that facilitate the conversion of cryptocurrency to fiat currency.
However, the Origin team plans to implement on - the - fly conversions of fiat currencies and Ethereum to the Origin token in future releases.
But it does depend on a steady flow of conversion between bitcoin and fiat currency, he explained.
The conversion of bitcoins into fiat currency on exchanges that lack adequate anti-money laundering (AML) and know - your - customer (KYC) policies can also fall under the category of bitcoin laundering.
Note that the case for fiat currency conversion is that VAT is not changed on the volume of the trade, but only on the service charge.
Cryptocurrency liquidity is low, extremely low, due to a number of factors including high failure rates among crypto - exchanges, taxation on conversion from crypto to fiat, and speculation due to high price volatility.
CarcoPAY will be based on a contactless payment card, which will be directly connected with the user's current Carco token status in his wallet and will allow real time conversion of Cryptocurrency to desired fiat currency.
The new services are free to use, but CoinCorner will maintain its fee on bitcoin to fiat conversion.
Like with all forms of trading on the Lykke Exchange, margin trading is implemented directly in the free Lykke Wallet mobile app, with complete access via smartphone, instant deposit from a credit card or bank transfer, easy conversion to fiat currencies and zero - commission trades.
«All liabilities for fiat (USD, EUR, RUR) will be transferred to BTE tokens (1 BTE is 1 USD) at the exchange rate on the date of conversion.
This process is typically straightforward and explained more in - depth later in this guide, however at its core, it simply involves buying a main cryptocurrency on Coinbase or any fiat - crypto conversion site, and then depositing said cryptocurrency on one of the supported exchanges.
The cryptocurrency exchange makes revenue by charging fees for fiat to crypto conversions via its Buy / Sell feature and for trades on its GDAX exchange.
In December meanwhile, more stringent identification of virtual currency holders who convert funds to fiat will come into being, with the onus on businesses to ensure they can identify customers behind the conversions.