Sentences with phrase «with local fiat currency»

Not exact matches

In Polupanov's words, these marketplaces have become «pioneers and leaders on the proposal to buy cryptocurrency,» with traders converting rubles to virtual currency, transmitting those funds to their home countries, and reconverting them into local fiat currency there.

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.»

And with our guaranteed exchange rate, we protect businesses from any risk of digital currency price volatility while delivering on - time bank settlements in local fiat currencies.

Your wallet currency will default to your local fiat currency based on the phone number you signed up with, but if you have changed your wallet currency to something other than e.g. USD then you will want to change it back so that when you transfer USD from your bank account it will arrive in your wallet as USD.

By default, the Abra wallet will hold your balance in your local fiat currency based on the phone number you signed up with.

This is all calculated in local fiat currency converted with the appropriate timing.

While consumers who use Abra's flagship payment app can hold balances in local fiat currencies (it's actually bitcoin, hedged with smart contracts), transfers between wallets ride on bitcoin's rails, which know no borders.

Trading «over-the-counter» (OTC) can involve local trades, or direct trades whereby one user is paid with a fiat currency via a bank transfer.

The goal of local / regional cryptocurrencies is not necessarily to compete with national fiat currencies.

Much like multinational corporations (MNC) with large overseas operations, miners of cryptocurrency networks as a whole do not measure the income they receive in terms of bitcoins (or other discrete cryptocurrencies), but instead they measure their income in terms of «fiat» from foreign financial markets, specifically converting bitcoins into the local fiat currency where their mining operation physically resides.

The Dash team announced today an integration with a leading Latin American exchange, BitINKA, providing citizens across Central and South America access to buy and sell Dash using their local fiat currency.

For example, customers will be able to «deposit» money with Circle, thereby instantly converting fiat money into bitcoin, and «withdraw» money via the service, converting bitcoin into local currency that can then be transferred to a bank.

These four features include cryptocurrency enabled credit cards that can be used for payment in local stores, a cryptocurrency exchange with support for fiat currency, a payment provider and ATMs that will allow for the instant purchase of coins with fiat money.

There are even local booths where users can go and buy a Ripio token with fiat currency, then learn about mobile wallets.

To exchange fiat currency (in other words, US dollars) for KMD, you'll need to register for an account with a local cryptocurrency exchange like Gemini.

In the context of payments and commerce, decentralized applications can be used to create a gateway where users pay with bitcoins, but merchants receive the equivalent payment in their local fiat currency.

A small town in rural South Africa is seeking to experiment with a digital version of their local fiat currency.

This means that traders provide fiat, consumers pay with their digital currency of choice and the merchant receives his or her preferred local currency (USD, EUR, GDP, etc.) once the payment is completed.

Token abstraction on 0x allows dApps to obfuscate smart contract interactions with application - specific tokens so that end users appear to only be paying transaction fees denominated in ETH (or even local fiat currency, assuming there are fiat - pegged tokens on the Ethereum Blockchain).

This will make it effortless for our users to convert their utility tokens, providing them with continuous liquidity not even against Bitcoin, Ripple, Bitcoin Cash and Ethereum but also against local fiat currency.

The vital connection to local liquidity is through fiat currency, in order to participate as a market maker in various countries fiat currency is needed to deposit and exchange with which often means the need to actually be in the country to be a market maker since bank accounts will be needed for those local currencies.

You can seamlessly transfer between Bitcoin and all major currencies like USD, EUR, GBP, etc, which is perfect if you are using different fiat currencies because there is no need to select a «local» currency and then be stuck with high fees for moving to another alternative.

Qvolta seeks to fulfill the much - needed job of filling the above - mentioned void in the P2P crypto - exchange platform market by offering a reliable, quick, and convenient way to make crypto - transactions in popular local payment methods with fiat currency.