Cryptocurrency is also can be used for payments where
only fiat currencies have been accepted before.
US dollars continue to be
the only fiat currency for deposits, withdrawals, and trading.
USD is
the only FIAT currency that is accepted.
The only fiat currencies that can be exchanged through Cryptopia are USD and NZD (New Zealand Dollars).
Let's say you wish to purchase something with your Bitcoins but the merchant accepts
only fiat currency (Cards / Cash) or you are out of fiat currency but you got some Bitcoin.
The only fiat currency Cryptopia supports is New Zealand dollars transferred from a New Zealand bank account.
However,
the only fiat currency it supports is New Zealand dollars, and you can only make bank transfers from New Zealand bank accounts.
Things appears to have stabilized at the time of writing and, to be fair to Coinbase, it wasn't
the only fiat - crypto exchange that buckled under the pressure and its capacity has clearly improved significant since its last major outage when bitcoin passed $ 2,000.
Last but certainly not the least Bitcoin ATM's can be used in cases where
only fiat currency is accepted.
And they store
only fiat money in your accounts.
However, the New Zealand Dollar (NZD) is
the only fiat currency supported by the exchange and needs to be transferred from a
Currently
the only fiat convertible on the net.
However,
the only fiat currency it supports is New Zealand dollars, and you can only make bank transfers from New Zealand bank accounts.
The only fiat currency transfer method that Cryptopia accepts is from a New Zealand bank account.
The only fiat currency Cryptopia supports is New Zealand dollars transferred from a New Zealand bank account.
But early on,
the only FIATs available to buy or lease were variations of this one model: the 500c, the 500e, the 500 Abarth and even a 500 Gucci edition to name a few.
Not exact matches
Unregulated digital entities, created by just about anyone out of nothing, that assume some value denominated in
fiat currency simple because they're being traded between anonymous people or bots whose
only desire is to make prices go up, on unregulated opaque exchanges where everyone thinks price manipulation is good as long as it pushes up the price....
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.
We are excited to join other progressive vendors of online services in helping our customers break their dependency on both big banks and
fiat currency by adding payment by Bitcoin Cash — the
only currency guaranteed by an international series of tubes — to the payment methods we accept.
Not
only does partnering with Xapo allow employees and freelancers around the world to use their Bitcoin wages with everyday merchants, but this debit card allows mainstream employers, employees and freelancers to reap the benefits of the blockchain while having easy access to local
fiat currency.»
The licenses required for Money Service Operators
only pertain to those entities who deal with
fiat currencies.
(As an aside, equilibrium means «no tendency to change,»
fiat means deriving its value from law rather than some underlying commodity backing, and fractional reserve means that banks hold
only a fraction of deposits on reserve, loaning the rest out.).
We are excited to join other progressive vendors of online services in helping our customers break their dependency on both big banks and
fiat currency by adding payment by PotCoin — the
only currency guaranteed by an international series of tubes — to the payment methods we accept.
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 %).
Specifically, it does not cover VC creators but
only focuses on entities facilitating the conversion or exchange of any VC into
fiat currency or vice versa.
All
fiats fail, and the
only difference this time around is the grossly exaggerated extent to which
fiat has managed to survive.
Unlike
fiat money, of which we can always print more, there's
only so much recoverable gold in the world.
Basis is not the
only company working to develop a stable cryptocurrency for individuals and institutions looking to use digital currency as easily as they do
fiat currencies.
By Mt. Gox's own estimates, it has
only 2,000 BTC and approximately $ 22.4 m in
fiat currencies in its possession.
In fact, government - issued
fiat currencies are accorded value
only because of a government edict.»
Not
only this, but the regulatory agency has also stated that in the country of Columbia, the
only medium of exchange that is deemed as legal consists of the country's
fiat currency, issued by the Bank of the Republic.
The size and existence of the modern state is limited
only by the ability to borrow money; an ability dependent on the continuing value of
fiat paper money.
The company has offices in Singapore, Japan and Vietnam, and it also runs crypto -
fiat exchange QUOINEX and crypto -
only exchange QRYPTOS.
We will
only process
fiat currency - based transactions,» Kelly said.
The original form of money, and still considered by many to be the
only «true money», unlike
fiat currency, which is what we use today.
Huobi, for instance, launched Huobi Pro, an exchange that
only deals in cryptocurrencies and doesn't deal with
fiat currencies.
by The banking - government industrial complex has been pulling the wool over investors» eyes for years when it comes to getting the masses to keep their savings tied up in ever rapidly devaluing
fiat currencies instead of intelligently converting them into the
only real money out there — physical gold and physical silver — that has -LSB-...]
But that's
only because under a
fiat standard any pattern of money supply adjustment is possible, including a «perfect» pattern, where «perfect» means perfect according to the player's own understanding.
If the XRP token it to replace
only a minor percentage of
fiat currency that is currently used to provide cross border liquidity, then demand is likely to hugely outstrip supply.
Not
only does BitPay's service make business sense, but we are excited about giving owners of bitcoin the opportunity to inexpensively and reliably convert any excess holdings into precious metals rather than back to
fiat currency,» said Michael Finger, Director of Marketing at Euro Pacific Precious Metals.
Most of the major exchanges that convert crypto - currency into
fiat currency (eg: USD, Euros) do so
only at a snails pace and
only exchange BTC or ETH.
It has
only been in the last 50 or so years that gold became demonetized, and with the rise of
fiat currencies, the yellow metal became a...
Regardless of all that, the Euro is just a
fiat currency, same as the Dollar, and they are wearing out their printing press just as we are (if
only in creative ways).
But most bitcoin wallets support
only bitcoin and don't support
fiat currencies at all.
«We will
only process
fiat currency - based transactions,» he said, referring to currencies that are issued by governments as legal money, such as the U.S. dollar.
It can
only be loaded with
fiat currency and
only facilitates spending in USD, EUR, and GBP.
On other note, you can actually reduce your risks with cryptocurrency pairs as well, and get exposure
only to the relative performance of two coins, and remove the generally huge volatility of coins versus
fiat currencies, like Ethereum's swings against the Dollar on the chart above
Deposits and withdrawals into and out of your Abra wallet are currently possible using
fiat or bitcoin
only, at the moment.
For example, in Europe you can
only buy Bitcoins with
fiat through these ATMs, but you can not withdraw
fiat from them.