Uphold has helped many members weather market volatility, as they can instantly move funds
into traditional fiat currencies in order to shelter against volatility or hedge against risk.
Not exact matches
To take profits, a client must sell their BTC, Litecoin, etc. convert it to a
traditional fiat currencies like USD or EUR and withdraw
into a more
traditional financial institution like a bank or Paypal, Neteller, etc..
Saifu provides an avenue for people accustomed to
traditional fiat currencies to get
into crypto.
Several venture capital funds have turned their business models
into using cryptocurrency instead of
traditional fiat currencies.
Today, if you deposit
fiat currency into a
traditional bank, you would be considered very lucky to get even 1 % interest on your deposit in most countries.
These include
traditional stocks, commodities, and
fiat currencies, but players can also incorporate cryptocurrencies
into their strategy.
If you want to transfer it
into fiat currency or put its value
into a
traditional bank account, then it comes under the remit of regulators.