Questions tagged [fiat]
15 questions
2
votes
3 answers
Why prices are different in different fiat currencies on the same market?
What I noticed is that prices in different fiat currencies on the same market for the same crypto currency are different. But what are the reasons behind that? Does it has anything to do with market volume for the fiat currencies? What variables I…
FamousSnake
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0 answers
Is there a EURO or CNY fiat currency cryptocurrency peg like USDT (USD tether)?
Tether is based out of Singapore if I'm correct and they currently have a USD cryptocurrency peg called USDT. But is there a EURO or CNY currency peg like USDT?
Patoshi パトシ
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3 answers
Energy cost of bitcoin vs physical currency?
The bitcoin mining infrastructure uses a certain amount of energy and processing power to operate.
The resource usage is often cited as part of arguments critical of bitcoin.
But relatively speaking how much more resources does bitcoin mining take…
user4574
- 133
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vote
1 answer
Coinbase (or other service) conversion to fiat: how is that recorded in the Blockchain?
This is probably already answered, but I searched and couldn't find a similar question or answer.
If I use a service such as Coinbase to buy Bitcoin, Coinbase generates a BC address for me and that's recorded in the blockchain.
If I convert to fiat…
BlueDogRanch
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1
vote
1 answer
Can I cash out Bitcoin without proof of provenance?
I have around 25 BTC from back when Bitcoin was around 10$ or lower. At the time, a friend sent them to me and I never thought they would ever be worth much. Since that time, I've moved them around and don't think I still have any original wallet…
user97914
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1 answer
why bitcoin escrow don't use fiat currency?
Cryptocurrency escrow, like localbitcoins.com, use bitcoins as guaranty funds.
Seller transfer bitcoins to merchant as guaranty, later when buyer has paid with fiat money to seller, merchant make the transfer of bitcoins to buyer wallet.
why…
Miguel
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vote
0 answers
Wordpress exchange platform
Hello from where I should start to built my own cryptocurrency exchange and Fiat/crypto exchange on wordpress? What steps I should take to built that kind of platform? I have some knowledge of javascript and wordpress.
krieng
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1 answer
Fiat to Satoshi Relationship
Is there a formula to calculate the fiat value of a Satoshi using your fiat principle?
Mark
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2 answers
Automated FIAT Transfer to bank from Exchange
is it possible to trigger an automated wire to a bank account with an exchange platform?
we do want to make a couple of transactions a day depending on the bitcoin trading price based on rule sets.
from our wallet --> send to exchange --> automated…
0
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1 answer
Where to find a people who have bitcoins, to exchange USD to BTC with no KYC offline?
I have cash in USD, i want to buy BTC in my city, but i don't want to buy it with exchange magazine, because bad exchange rate and because it requires KYC and i'm not want to my personal data will leak and someone will fake my person.
What i should…
0
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1 answer
How to cash out a Bitcoin wallet into fiat anonymously?
If bitcoin is converted to fiat money on an exchange, the exchange has irrefutable knowledge of your identity because they require the account name and bank account name to match.
The only way to anonymize a withdrawal of bitcoin-converted fiat…
user610620
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3 answers
How to deal with situations when the buyer tries to gain the system? (online shop with price in fiat, BTC payments also possible)
I'm a developer. I have a custom online store, with code I wrote myself, where I sell products in fiat money. I plan to introduce payments in bitcoin.
Issue: the customer may try to gain the system by taking advantage of the fact that bitcoin price…
Leloucha
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1 answer
How would I avoid spending my Bitcoins when I need to buy a house quickly?
A specific house I would like to buy has come up for sale. This opportunity is unlikely to arise again.
I have almost enough money in Bitcoin to buy the house.
I have no other money or assets sufficient for the purchase.
I do not wish to spend my…
J. M.
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1 answer
What kind of human makes a single 300 BTC transaction?
As I'm watching the Bitcoin transactions in near-realtime, I see countless really MASSIVE ones, such as 300 BTC at once. One transaction.
What kind of person makes such a transaction? 300 BTC is currently $9,595,800 USD. Almost 10 million US dollars…
A Recine
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1 answer
Still able to purchase Bitcoin once we have only CBDC and no fiat?
I have not invested in Bitcoin as of yet and don't have much technical knowledge on the subject on how it works in the background. I personally believe fiat currencies will all be phased out for CBDC. In this context I don't know if technically you…
