Sentences with phrase «need for fiat»

«Our cryptocurrency tokens eliminate the need for fiat currency.

Not exact matches

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.

Now that your recipient has sold the bitcoin for fiat currency, they need to get the money from CEX.IO.

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.

While bitcoin's use as a payment mechanism seems to have taken a back seat to its value as an investment asset, the need for a greater number of transactions is still pressing as the fees charged by the miners for processing are now more expensive than fiat equivalents.

«In most areas of the world where we have well - functioning fiat currencies and reliable banking systems, there just doesn't seem to be a need for digital currencies,» Nathan says, though she notes that Goldman Sachs Research remains optimistic that blockchain, cryptocurrencies» underlying distributed ledger technology, can have a transformative impact across a wide range of industries.

While I agree that (unlimited) compound interest that it is a big problem for the economy and need to be reformed, fiat money on the other side it is one of the major tools that prevented today's recession to become a another Great Depression.

Serving the CSRA for over 22 years, Thomson Chrysler Dodge Jeep Ram FIAT treats the needs of each individual customer with paramount concern.

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If you're searching for the perfect FIAT to buy or lease or you need service on the model you're currently driving, we'll gladly lend a hand at our Evanston, IL, FIAT dealership.

And with five unique trims available in our FIAT inventory here at our Ann Arbor FIAT dealership, it offers something for just about every driver who needs a little more passion and excitement from their car every time they get behind the wheel.

And while fiat currency payments are now evidently the focal point for its business (rather than Bitcoin payments), Circle does still offer the ability to feelessly pay people elsewhere in the world, in some 150 countries — and for that it needs to loop Bitcoin into the mix, turning dollar payments into BTCs deposited into the recipient's Bitcoin wallet.

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.

The only thing you can't do is withdraw fiat currency to your bank account — for that, you'll need to use Payza.

Now that your recipient has sold the bitcoin for fiat currency, they need to get the money from CEX.IO.

For example, a customer can buy and hold bitcoins, benefiting from its rapid growth and exchange it to fiat when needed.

All you have to do is pick one that suits your needs, follow the steps provided and transfer some US dollars, other supported fiat currency or cryptocurrency for bitcoin.

Probably due largely to the fact that Ethereum is largely in an early stage of development and Peerther and probably no other Ether wallets are directly connected to fiat - based banks, there's no need for personal information.

This is a significant achievement for Dash because our ecosystem needs high quality and trustworthy exchanges like Kraken to thrive, and we know they will play an important role as a fiat gateway.»

However, the exchanges that allow fiat withdrawals only support the most popular coins, so you may need to convert your altcoins and tokens before you can transfer them for withdrawal.

«The CENTRE Token, in addition to its other uses (such as accessing the service provider protocol), provides a way for wallets which have no fiat tokens in common to transact, as they will be able to use CENTRE Tokens to obtain the needed fiat token in common to transact.»

Among its crypto - ready offerings, Sirin Labs plans for its phone to have an embedded cold storage crypto wallet and a system to automatically convert fiat money to the digital tokens needed to run different blockchain - based applications.

However, petro could prove a much - needed solution as the Venezuelan fiat currency, the bolivar, has been in turmoil for quite some time now, as the country grows more desperate to fulfill their citizens» basic needs.

For example, you need to trade fiat currency for bitcoin, and then your recipient has to trade bitcoin back to fiat currenFor example, you need to trade fiat currency for bitcoin, and then your recipient has to trade bitcoin back to fiat currenfor bitcoin, and then your recipient has to trade bitcoin back to fiat currency.

Of course, you'll obviously need to follow the prompts to exchange GAME for another fiat or cryptocurrency, while it's also important to remember that it may not be possible to directly exchange your GAME for the currency you want.

You will then need to follow the prompts to exchange XZC for your chosen currency, which could be a cryptocurrency or, on some exchanges, fiat currency such as USD.

Fortune questioned the need for a prepaid bitcoin debit card, like TenX cards, which basically converts cryptocurrency back into fiat at the point of purchase anyway.

So Gore's position is that because bitcoin is exchanged for fiat currency, it needs to be properly regulated.

To exchange fiat currency (in other words, US dollars) for KMD, you'll need to register for an account with a local cryptocurrency exchange like Gemini.

Again, I like Spectrocoin for selling Bitcoin as I can put the result on a debit card and use it for day to day items, but don't forget that you may need to pay tax on earnings when you convert Bitcoin to a fiat currency.

Our platform is designed to interface entirely in bitcoin with no need for a USD / fiat balance to enter both long or short positions,» said Samman.

As the first instance of ZenCash being used as a direct means of payment, without the need for conversion into another cryptocurrency or fiat currency, we believe that this is a critical step forward in making Zen more widely and easily accessible to a broader user base.

As there is now option for wire transfer deposits or withdrawals in fiat currencies, there is no need for your ID.

These exchanges operate by trading cryptocurrency pairs, so in order to obtain Enigma with fiat currency, you will need to buy Bitcoin or Ethereum first, and trade it for Enigma.

In a severe downward move, e.g. in the equity markets, these holders, many probably already sitting on significant BTC profits, will likely sell BTC, either in a forced way (i.e. contagion) or voluntarily in order to reallocate to attractive post-correction equity opportunities (as, at least for now, one still needs fiat currency to invest in the equity markets...)

The Etherecash platform lets its users leverage their cryptocurrency holdings to acquire fiat currency loans, eliminating the need for a flawless credit history.

The vital connection to local liquidity is through fiat currency, in order to participate as a market maker in various countries fiat currency is needed to deposit and exchange with which often means the need to actually be in the country to be a market maker since bank accounts will be needed for those local currencies.

Athena machines offer both the buying and selling of cryptocurrency, which means American BCH holders have gained not only a new convenient method to increase their stockpile of the cryptocurrency but also the ability to easily exchange it for fiat in case they need to pay in shops that don't accept credit or crypto.

However, you can't exchange between cryptos, and to do this, you would need to first sell one cryptocurrency for fiat before purchasing another.

This is also important for miners, since they won't need to convert to fiat currencies to make payments.