Sentences with phrase «only local cryptocurrency»

Not exact matches

«I remember back in 2004, E-gold (a defunct cryptocurrency) was the only option anyone in Nigeria had to make online payments,» said Tim Akinbo, the founder of Tanjalo, a Nigerian exchange where people can buy Bitcoin with the local naira currency.

Once the change to the AMZN cryptocurrency is made, the only difference to Amazon platforms is that all transactions on all Amazon platforms are occurring in AMZN tokens, rather than in local fiat currencies.

So far, the only attempts to bring it to a halt were in China and South Korea (SK restricted new account creation for a few weeks, but have now allowed them), where national government ordered the shutdown of local cryptocurrency exchanges.

In this case, the local traders may fulfil a pertinent need by being the only buyer / seller open to other cryptocurrency users.

Suddenly perforated with meetups, ICO startups, crypto cafes, bitcoin merchandise and trading chatter in pubs, cryptocurrencies have seemingly taken the city by storm - and Reuben Godfrey, co-founder of local incubator Crypto Coast reckons this momentum will only continue.

According to a survey carried out by South Korean central bank the Bank of Korea (BOK), young citizens in their 20s and 30s are not only familiar with cryptocurrencies, but are also willing to invest in them amidst the country's digital currency frenzy, local news outlet Yonhap reported Tuesday, March 27.

Due to the precarious environment, some local cryptocurrency exchanges have to deal with a lot of currency risk, not only to get bitcoin but also because they have to cover operational expenses with a local currency that is very volatile and unreliable.

As a cryptocurrency - only exchange in the local market, Upbit is popular amongst professional cryptocurrency traders and casual investors that are looking to invest in cryptocurrencies that are not listed on cryptocurrency - to - fiat exchanges like Bithumb and Korbit.

Many investors, especially traders outside of the South Korean cryptocurrency exchange market, remain curious as to why local cryptocurrency exchanges like Bithumb and Korbit only list a few cryptocurrencies at a time.

Suddenly perforated with meetups, ICO startups, crypto cafes, bitcoin merchandise and trading chatter in pubs, cryptocurrencies have seemingly taken the city by storm — and Reuben Godfrey, co-founder of local incubator Crypto Coast reckons this momentum will only continue.