Through this token, it is really easy to purchase
tokens for fiat money.
Users are then able to withdraw
their tokens for fiat once they are received.
«Individuals will be able to store, change, buy, donate, bequeath, mine, and also exchange cryptocurrencies and
tokens for fiat currencies,» Rusbase elaborated.
The money they earn can be converted into bitcoin or other altcoins like ether, or use mobile cashiers to exchange (HMQ) Humaniq
tokens for fiat currencies.
Only the merchant is able to redeem
the tokens for fiat currency using the partner bank,» Masiiwa elaborates.
Although currently Tokens are not regulated or are lightly regulated in most countries, including the United States, one or more countries may take regulatory actions in the future that severely restricts the right to acquire, own, hold, sell or use Tokens or to exchange
Tokens for fiat currency.
After that, you can trade that digital
token for fiat currencies and crypto - assets.
WavesDex is a decentralized exchanged built on the Waves blockchain that allows anyone to launch their own digital token in less than one minute, and then trade that digital
token for fiat currencies and crypto - assets.
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.
Once a company creates its own digital
token, it can host a crowdsale to sell these
tokens in exchange
for Ethereum, Bitcoin, and
fiat currency.
Pegasus has developed business methods using innovative and compliant solutions that allow
Token holders to potentially increase the liquidity of cryptocurrency
for fiat currency through existing and evolving compliant marketplace and banking efficiencies.
On this platform, the
tokens will be exchanged
for fiat currencies — since trading through
fiat money will be allowed on this platform, we can expect ICOs selling like hot cakes.
Token rewards apps incentivizing merchant orders and purchases
for raw materials, goods and services, and crypto - to -
fiat exchange are grabbing large amounts of market share in this niche field.
As part of this interesting proposal, he talks about the «Austrian cryptocurrency myth» that
tokens created in the operation of a double permissionless shared ledger could compete with
fiat currencies in everyday use and concludes that
for reasons relating to both technology and governance they could not.
Child chains can enforce further rules on transactions denominated in their
token, such as permissioning, limiting which accounts are authorized to issue specific transaction types, in order to e.g. comply with KYC rules
for a child chain pegged to a
fiat currency, or assets marketed to a jurisdiction imposing additional restrictions on who can trade them.
Such offerings involve the opportunity
for individual investors to exchange
fiat currency or cryptocurrencies in return
for a digital asset labeled as a coin or
token.
An exchange that sells ICO coins or
tokens, or exchanges them
for other virtual currency,
fiat currency, or other value that subsitutes
for currency, would typically also be a money transmitter.»
The exact scope of the project is not fully clear at this point, but TechCrunch understands that initially more than $ 100 million in
fiat, Ether and other
tokens has been pooled
for the fund, which is known as ECF.
The project's
token, CNZ, will be the currency used
for all functions of the project and can be traded on the exchanges
for fiat currency at the end of the ICO.
In case you consider exchanging
fiat currency such as US Dollar (USD), Euro (EUR) or Japanese Yen (JPY), you can find a guide on how to go about buying Ethereum (or any other cryptocurrency
for that matter) by reading our «
Token Sale Participation Guide».
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.
While Bitfinex works to establish alternative channels
for the flow of
fiat currencies, customers may still deposit and withdraw digital
tokens.
«Our cryptocurrency
tokens eliminate the need
for fiat currency.
Lastly, the interoperability of bitcoin and ethereum - based
tokens with other cryptocurrencies, and also with the legacy financial system when being exchanged
for fiat currencies, are processes wrought with friction.
You can use MyDFS
tokens to play, win, and exchange it
for other cryptocurrency or
fiat money.
In an ICO, investors receive that project's
tokens in exchange
for Ethereum, Bitcoin,
fiat, or other cryptocurrencies.
Kraken offers comprehensive services
for the crypto investor, such as the ability to buy and sell bitcoin and trade digital
tokens against
fiat currency.
Additionally, the use of ethereum's ERC - 20 standard means the
tokens can be removed from the Kik ecosystem and spent, or traded elsewhere, and eventually cashed out
for fiat currency.
The first Apex
Token Fund will eventually sunset, divesting from all of the underlying funds, at which point token holders will then be able to redeem their tokens for a proportional quantity of fiat curr
Token Fund will eventually sunset, divesting from all of the underlying funds, at which point
token holders will then be able to redeem their tokens for a proportional quantity of fiat curr
token holders will then be able to redeem their
tokens for a proportional quantity of
fiat currency.
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.&r
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.&
tokens in common to transact, as they will be able to use CENTRE
Tokens to obtain the needed fiat token in common to transact.&
Tokens to obtain the needed
fiat token in common to transact.&r
token in common to transact.»
So, here's how it's going to work: Normal people who aren't
token speculators will hold
fiat, and they will exchange them
for tokens at the very last minute via a new third party intermediary payment processor whose job will be to turn whatever stable currency you have into
tokens for the purpose of paying
for that service.
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.
TrustToken, a global platform
for tokenizing
fiat currencies and real - world assets backed by Stanford - StartX, FJ Labs, and BlockTower Capital, launched TrueUSD, reportedly the first
fiat - backed stablecoin to offer
token - holders legally protected certificates of ownership of US Dollars.
«From the very beginning we wanted to offer a variety of options
for people to invest because not everyone will have Ethereum, they will have Bitcoin or
fiat currency, so in that respect we have coupled the issuance of the
token on Ethereum platform from how the investment happens», Domingo explained.
In late January, TrustToken, a global platform
for tokenizing
fiat currencies and real - world assets backed by Stanford - StartX, FJ Labs, and BlockTower Capital, launched TrueUSD, reportedly the first
fiat - backed stablecoin to offer
token - holders legally protected certificates of ownership of US Dollars.
Once you see the explosive potential of cryptocurrency altcoins and ICO
tokens, the only reason to cash out
for fiat is to pay
for a lavish crypto lifestyle.
Like any other popular cryptocurrency (Bitcoin, Ether and more), Coinnec
tokens will be available
for trading against other cryptocurrencies or
fiat on some of the leading exchange platforms.
In fact, a whole new set of
tokens will be issued
for each
fiat currency, much like gold trusts or funds issue shares of gold.
The company also plans to develop an embedded cold storage crypto wallet and a system that automatically converts
fiat money to digital
token required to run different blockchain applications
for its smartphone.
Finally, once the platform is fully launched and the ICO is complete, Hawks will be tradable on exchanges and the Hawks
token is redeemable in
fiat currency and other cryptocurrencies
for token holders who may decide to trade their coins.
The
tokens can be traded
for fiat currency and cryptocurrencies like Ethereum, Bitcoin, and other established cryptocoins in the industry.
The
tokens can be used to purchase DDoS protection or exchanged
for fiat currency.
To promote the usage of the platform and remove entry barriers,
fiat currency will also be accepted along with ABYSS
tokens for game purchases.
For the general consumer, the TrueUSD
token allows everyday people to enjoy the benefits of digital currencies like faster transaction speed and better privacy without sacrificing the stability of
fiat currency.
Celsius will allow customers to use their Celsius Wallet to use crypto
tokens as collateral
for fiat currency loans (dollars).
RBI's interest in their own cryptocurrency is due to the «rapid changes in the landscape of the payments industry along with factors such as emergence of private digital
tokens and the rising costs of managing
fiat paper / metallic money,» which they cite as the impetus
for central banks around the world to introduce «
fiat digital currencies.»
HAC
tokens are exchanged
for fiat currencies and other cryptos free of charge on liquid exchanges.
An ICO (Initial Coin Offering or
Token Sale) is a type of fundraising where in exchange
for money (Bitcoin, Ethereum or
fiat money) investors receive
tokens (coins).
For fiat currency, buyers can contact
fiat@funfair.io before the
token event.