Sentences with phrase «for fiat money transfers»

Allaire's payments provider, once the darling of Blockchain investors, will instead focus on using the Blockchain for fiat money transfers.

Not exact matches

«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.
When we launched Abra as a platform for enabling money transfer and payments using bitcoin, users immediately started giving us feedback that Abra was now their go - to method to convert between fiat and bitcoin.
The commission is usually 6 % and may vary as per the country to which money is transferred and the fiat currency used for the transaction.
They can be used for: Participating in games (paying entry fees, receiving winnings) Buying in - game content and subscriptions P2P transfers inside the platform Investing in other players on the platform Withdrawing to crypto exchanges to get other cryptocurrencies or fiat money
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 commission charged for transfer of cryptocurrencies is cheaper than traditional fiat money transfer methods.
While it is possible to deposit fiat money by wire transfer, credit card and other payment options, users are also free to just use cryptocurrencies for deposits and withdrawals which enables a complete anonymous use of the broker platform.
Circle is a a mobile money transfer service that offers fiat exchange, liquidity for cryptocurrency trading and a platform for investing in the digital asset class itself.
Cashaa enables users the ability to transfer fiat money for less than a fraction of a cent utilizing blockchain technology and cryptocurrencies.
For the time being at least, transferring fiat currency through a money transfer specialist is easier.
Since the inception of cryptocurrency, different exchange platforms have been built to allow people to buy / sell and transfer cryptocurrency for fiat money...
The startup plans to use bitcoin as a container for transferring money in various fiat currencies.
How to Deposit / Withdraw Money in Binance Using PayPal As it does not support fiat currency, there is no option for depositing, withdrawing, or otherwise transferring money using PayPal on BinMoney in Binance Using PayPal As it does not support fiat currency, there is no option for depositing, withdrawing, or otherwise transferring money using PayPal on Binmoney using PayPal on Binance.
The best bet is to transfer the altcoins to an external wallet and then trade the altcoin for money on an exchange that supports cryptocurrency - to - fiat - currency trading.
When one of the users pointed out that fiat currencies can also be used for illegal activities such as money laundering, tax evasion, terrorist funding, and drug purchases, Gates said that the necessity of a physical presence makes illicit activities and transfers more difficult:
For everyone else, bitcoin exchanges offer users the ability to transfer fiat money from a credit card or bank account in exchange for bitcoFor everyone else, bitcoin exchanges offer users the ability to transfer fiat money from a credit card or bank account in exchange for bitcofor bitcoin.
For instance, if Alice used the key to make a purchase at an online merchant where she needed to provide her contact details, or if, in order to exchange her crypto against fiat money, she made a transfer to a cryptocurrency market that required her details for KYC (know - your - customer) purposes, her real - life identity can be tracFor instance, if Alice used the key to make a purchase at an online merchant where she needed to provide her contact details, or if, in order to exchange her crypto against fiat money, she made a transfer to a cryptocurrency market that required her details for KYC (know - your - customer) purposes, her real - life identity can be tracfor KYC (know - your - customer) purposes, her real - life identity can be traced.
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