The Simplest Formula for Buying Cryptocurrencies with Fiat and Exchanging Cryptocurrencies Back Again to Fiat in general

in #bitcoin • 7 years ago

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

#cryptocurrency #blockchain #fiat #internetmoney
7 years ago in #bitcoin by
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