The Simplest Formula for Buying Cryptocurrencies with Fiat and Exchanging Cryptocurrencies Back Again to Fiat in general
Fiat to Crypto to Fiat
e.g. Coins.ph {Fiat Exchange} to Blockchain wallet
Process:
1.) btc (btc in fiat) >>> btc (cash in deposit in crypto wallet) >>> (optional: meaning btc to other crypto other than btc) conversion to other cryptocurrencies) cryptocurrencies
2.) cyptocurrencies (in blockchain wallet) >>> btc (converted into btc in blockchain wallet) >>> btc (sent as btc to fiat exchange)
3.) [btc exchange; coins.ph] >>> fiat peso
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