Through this token, it is really easy to purchase
tokens for fiat money.
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.
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.
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.»
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.
You can use MyDFS
tokens to play, win, and exchange it
for other cryptocurrency or
fiat money.
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.
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.
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.
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.»
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).
In ICO, the companies cryptocurrency is sold in form of «
tokens» in exchange
for fiat money and other digital
money like Bitcoin and Ethereum.
The company's name stands
for «Omni
Token Platform
for Payments,» and their expressed objective is to diminish the hindrance amongst
fiat and digital
money to propel the lasts across the board acknowledgment.
These
tokens can be used to play, win, and exchange it
for other cryptocurrency or
fiat money.
Loyal customers acquire
tokens and exchange them
for the Esonics production 30 % cheaper than by
fiat money.
Users can use available
tokens for money remittances or can exchange them
for inner MMR
tokens local
fiat currencies through an agent system or use as payment
for goods and services.
Again, ICO stands
for «initial coin offering» and this is where you sell the Dapp's
tokens for the very first time in exchange
for other currencies (BTC, ETH, LTC,
fiat money, etc.).
Now that the transaction process is direct from
fiat money to litecoin, the need
for BTC
tokens will be reduced.
Investors have to exchange their
fiat money for Bitcoin and then trade their Bitcoin
for whatever
token they're trying to acquire.
The logical interpretation is that users will convert these
fiat - pegged
tokens for actual
money, though it remains to be seen how that will exactly work.
Users of the payment system will have the ability to store LTC
tokens directly in their LitePay wallet, which can then be converted to
fiat money instantly
for a flat fee of 1 %.
SIRIN Labs, a Blockchain privacy - oriented electronics and OS supplier established in 2014, actually develops its own Blockchain - based phones alongside with a crypto wallet and crypto exchange - like platform, converting digital
tokens to
fiat money for running DApps.