Sentences with phrase «tokens for fiat money»

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.
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