Sentences with phrase «fiat exchange for»

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 thexchange, 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 thExchange 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).
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 %).
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.
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.
Charlie was a former employee of Google and he was also the director of engineering at coin base for several years and for anybody that doesn't know what coin base is it's one of the biggest exchanges in the world for trading fiat currencies for cryptocurrencies.
The U.S. Treasury recently declared that any entity engaged in the exchange of virtual currency for fiat currency must register as a currency exchange and take steps to prevent money laundering.
Unlike in the past, when you could exchange your dollars or any other currency for physical gold, fiat currency is not backed up by anything else than a number printed on a piece of paper.
Until 2017, the majority of Wirex customers worldwide enjoyed the fruits of early bitcoin adoption and powered their bitcoin lifestyle by exchanging bitcoin for fiat currencies (USD, EUR, GBP)-- making payments with their Wirex prepaid debit card.
Many cryptocurrency exchanges don't allow you to swap fiat currency (US dollars) for cryptos.
This means people can take their fiat money and exchange it for this internet money or this bitcoin or any other crypto coin that we're talking about.
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.
Huobi, for instance, launched Huobi Pro, an exchange that only deals in cryptocurrencies and doesn't deal with fiat currencies.
This globally - sourced trading platform provides a multi-market order book that combines every liquidity source in the world and is designed to tackle the liquidity issues associated with exchanging fiat currencies for cryptocurrencies.
Working much like a fiat currency, it can be exchanged for conventional currencies such as dollars, yen, etc..
So yes, you may exchange ETH for fiat, and vice-versa, without «going through» bitcoin.
Hi Alex, so if you have Bitcoin (BTC), you can send in BTC to Abra and then exchange for any of the 20 cryptocurrencies or 50 fiat currencies listed on our app!
Today, Abra announced support for 20 cryptocurrencies and 50 fiat currencies in a new version of our mobile app that includes a real - time exchange service across all 70 currencies.
Abra's new Bitcoin - based multi-signature wallet for holding, sending and exchanging between digital assets, starting with ether and 52 fiat currencies
As a bitcoin exchange and trading company, your responsibility is to create a bitcoin exchange site that facilitates trading and exchanging bitcoins for fiat currencies or other digital currencies, and vice versa.
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.
Tellers buy and sell digital currency on and off the phone in exchange for fiat.
A bitcoin exchange business is a site that facilitates exchange and trading bitcoins for fiat currencies or other digital currencies, and vice versa.
Trading currencies (whether fiat or cryptocurrencies) involves exchanging currency that you own into another kind of currency and then exchanging it back when the price changes — hopefully for a profit.
Check out the exchanges and platforms that support Monero: • Kraken • Bitsquare • Livecoin • Gate.io • Bitfinex • Binance • Poloniex (supports cryptocurrencies) • BitBNS (for India only) • HitBTC • MoneroForCash (For fiat money purchasfor India only) • HitBTC • MoneroForCash (For fiat money purchasFor fiat money purchases)
Although currently Tokens are not regulated or are lightly regulated in most countries, including the United States, one or more countries may take regulatory actions in the future that severely restricts the right to acquire, own, hold, sell or use Tokens or to exchange Tokens for fiat currency.
Up to 30 percent bonus for early backers of the Nauticus Coin Can be traded on the new Nauticus crypto and fiat exchange at the conclusion of the ICO Six ethical global banking and...
Up to 30 percent bonus for early backers of the Nauticus Coin Can be traded on the new Nauticus crypto and fiat exchange at the conclusion of the ICO Six ethical global banking and eCommerce solutions with one coin
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.
Token rewards apps incentivizing merchant orders and purchases for raw materials, goods and services, and crypto - to - fiat exchange are grabbing large amounts of market share in this niche field.
Bitit users are now able to buy Ripple through all of Bitit's accepted fiat currencies so there's no need for extra foreign exchange fees.
A virtual currency exchanger is a person that exchanges virtual currency for fiat currency or other virtual currencies, and vice versa.
Refunds are not available, but you will be able to trade Nauticus Coins on our exchange for other crypto and fiat currencies.
When exchanging fiat currencies for digital currency each state requires an individual license.
The value of digital currency may be derived from the continued willingness of market participants to exchange fiat currency for digital currency, which may result in the potential for permanent and total loss of value of a particular digital currency should the market for that digital currency disappear;
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.
coinbase is the easiest most user - friendly exchange for fiat currency to crypto.
They can be obtained by exchanging fiat currency or other digital currencies for them.
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