Tether currencies are claimed to be 100 % backed by actual
fiat currency assets in the company's reserve account.
Not exact matches
As long as the world operates on
fiat currencies, there will likely be inflation in houses and real
assets.
Virtual
currency exchanges allow their customers to trade virtual
currencies — usually for other virtual
currencies, but also for other
assets such as
fiat money.
«Our BOSS Revolution international money transfer business routinely utilizes digital
assets to generate liquidity in
fiat currencies for our disbursement agents as part of our transaction settlement process,» said Alfredo O'Hagan, senior vice president of IDT's consumer payments business.
Also, I think you are aware that
fiat currencies doesn't have any tangible backing in real
assets like gold and silver.
Basically, what is happening is Bitcoin Suisse, a leading digital
asset management company, will be able to help investors buy into the Jibrel token sale through the use of the US dollar, British pound, Euro, and many other standard
fiat currencies.
About the author: JS Kim is the Managing Director and Founder of SmartKnowledgeU, a fiercely independent research, consulting and education firm that focuses on gold and silver
asset investment strategies as a means of countering the damaging effects of rapidly devaluing
fiat currencies worldwide and price - distorted stock market and
asset bubbles created by Central Bankers.
These so - called Smartcoins are designed to be pegged to
fiat currency or
assets in one way or another.
The value of Digital
Assets may be derived from the continued willingness of market participants to exchange
fiat currencies for Digital
Assets, which may result in the potential for permanent and total loss of value of a particular virtual
currency should the market for that virtual
currency disappear.
By not dealing with
fiat currencies, it allows investors to readily exchange their cryptocurrency
assets for other cryptocurrencies while isolating themselves from any pressure the government could put on them through the banking system.
Analysts believe that investors are gradually beginning to pay more attention to these
assets since they are unrelated to a country's economy — unlike
fiat currencies and other traditional forms of money exchange, which are extremely vulnerable to internal and external economic shocks — leading to the popularity of cryptos such as bitcoin and a few others.
We've chosen ether and
fiat currencies as the first digital
assets that we will enable using this new model.
«Investors who store their
fiat currencies and cryptocurrencies with unregulated cryptocurrency exchanges should be aware of the risks of hacking and misappropriation of
assets.»
But the market of crypto -
currencies is different from
fiat asset markets on many levels.
Sufficed to say, if there is ever a crisis of confidence in
fiat currency based
assets, like government debt, there aren't many options out there for central banks to use in order to restore faith in the system.
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fiat currencies
Just sell your crypto
assets for
fiat currency or something else; you can profit even in times of crypto market decline.
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 group of users will be one of the first few to quickly buy digital
assets for
fiat currency.
Bitcoin is what's known as a «cryptocurrency», a digital
asset designed to replace and usurp traditional
fiat currency.
I have been, and still am, a gold and hard
assets investor to, number one, hedge against global monetary inflation and
fiat currency devaluation and, number two, leverage rising demand for the metal in an environment of low market confidence.
This is a great solution for people who do not want to trade with their Bitcoin
assets, but instead want to use
fiat currencies.
OKCoin will continue to facilitate
fiat currency based access to blockchain
assets; however, the OKCoin.com site will be down from 14:00 — 17:00, May 30, 2017 (UTC +8) for maintenance.
These Bytecoin
assets can then be converted back to
fiat currency in online exchanges.
Stellar's primary goal is to facilitate issuing and trading tokens, especially those tied to legal commitments by known organizations, such as claims on real - world
assets or
fiat currency.
Buying Litecoin (LTC) with your Visa or MasterCard is now really easy and people around the world can access one of the leading blockchain
assets using their
fiat currency.
A cryptocurrency exchange facilitates the trading of cryptocurrencies, in exchange for other
assets such as
fiat money or another digital
currency, and delivers the coins to the customer's crypto - wallet.
Child chains can enforce further rules on transactions denominated in their token, such as permissioning, limiting which accounts are authorized to issue specific transaction types, in order to e.g. comply with KYC rules for a child chain pegged to a
fiat currency, or
assets marketed to a jurisdiction imposing additional restrictions on who can trade them.
Each Ardor child chain has its own native transactional token, which will have independent market value, or could be pegged by the child chain creator to an external unit of value (e.g. BTC, a
fiat currency, or some other
asset).
Which inevitably invokes a much deeper fear, of the same intangibility inherent in our
fiat currencies, our fiscal obeisance to governments who seem dead - set on printing & spending their way into oblivion, the fragility of our financial
assets & markets (which now exist only as electronic blips on hackable centralised repositories), and our economic future & security itself.
As someone who knows a great deal about personal finance, you're familiar with
fiat currency and financial instruments and
asset classes based on that monetary model.
Cryptocurrency like bitcoin is also frequently considered an
asset, as are investments in
fiat currencies.
Many «bitcoin 2.0» projects are currently developing tools to implement procedures that will mitigate the risks of storing and transacting with digital -
assets and
fiat currency on an exchange.
Cryptocurrency like bitcoin is also frequently considered an
asset, as are investments in
fiat currencies.
«A system and method for the secure online storage of digital
currency or crypto -
currency assets, and the secure use of stored online digital
currency assets for financial payment transactions and credit lending transactions in either digital
currency or
fiat currency.»
Such offerings involve the opportunity for individual investors to exchange
fiat currency or cryptocurrencies in return for a digital
asset labeled as a coin or token.
«Our goal is to enable as many people to use
assets as money instead of debt based
fiat currencies.
FuzeX's ability to integrate cryptoassets and
fiat currencies has the potential to create a new payment solution, linking blockchain
assets and traditional financing, and driving much - needed interoperability.»
In fact, Draper believes digital
assets like bitcoin will be so prominent that using
fiat currencies in five years will be considered laughable.
At the end of the day, it shares most of the characteristics with the
fiat currencies that we are used to, but instead of being backed by «gold» or some other valuable
asset, cryptocurrencies are backed by the network and the individual that they stand on.
You may experience difficulties in accessing your Gemini Account, withdrawing your
fiat currency or Digital
Assets, depositing your
fiat currency or Digital
Assets, and / or placing and / or canceling Orders.
NOTE: Fees and account balances are not rounded, even though they may be displayed to you as rounded up or down to the smallest denomination for a given
fiat currency or digital
asset (e.g., one penny, one satoshi, which is 0.00000001 BTC, or one wei, which is 10 ^ -18 ETH).
For the avoidance of doubt, neither we nor any Gemini Service Provider are giving investment advice, tax advice, legal advice, or other professional advice by allowing you to use Gemini and the services we or any Gemini Service Provider provide, including, but not limited to, the ability to purchase, sell, or store Digital
Assets or
fiat currency.
You are responsible for any fees, costs, expenses, charges, or obligations (including, but not limited to, attorney and court fees or transfer costs of
fiat currency or Digital
Assets) associated with the closing of your account.
Abra's new Bitcoin - based multi-signature wallet for holding, sending and exchanging between digital
assets, starting with ether and 52
fiat currencies
The availability and popularity of other forms or methods of buying and selling goods and services, or trading
assets including new means of using
fiat currencies or existing networks; or
Currency exchange rates, including the rates at which digital
assets may be exchanged for
fiat currencies;
A Bitcoin Exchange or Digital
Currency Exchange is a business that allows customers to trade digital
currencies for other
assets such as conventional
fiat money or other digital
currencies.
You may be required to either cancel or complete all open orders and, in accordance with the provisions of this User Agreement, provide transfer instructions of where to transfer any
fiat currency and / or Digital
Assets remaining in your account.
You agree and understand that we have the right to offset: (i) negative balances in your
Fiat Account by selling the necessary amount of Digital
Assets in your Digital
Asset Account on the open market at a price within 5 % of the Prevailing Market Price to offset such negative balances; (ii) negative balances in your Digital
Asset Account by buying the necessary amount of Digital
Assets at the Prevailing Market Price to offset such negative balances with the
fiat currency in your
Fiat Account; and (iii) any and all debts owed to Gemini through the offset of balances of your account or any Related Account.