KYC - MEDIUM OF EXCHANGE - MARKET ORDER - RIPPLE -

matthew.davis (49)in #bitcoin • 7 years ago


KYC	fiat currencies are the generally accepted mediums of exchange. their most important and essential function is to provide a measure of value. is an intermediary used in trade to avoid the inconveniences of a pure barter system. ^{Source + Source}
MEDIUM OF EXCHANGE	rather than holding them until a set market condition is triggered to try and make a profit; in a bitcoin exchange, you would place a market order if you simply wanted to buy or sell bitcoins immediately. an instruction given to an exchange, asking it to buy or sell an asset at the going market rate. ^{Source + Source}
MARKET ORDER	know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.^{Source + Source}
RIPPLE	payments are made using a series of ious, and the network is based on trust relationships. the network consists of payment nodes and gateways operated by authorities. is a payment network built on distributed ledgers that can be used to transfer any currency. ^{Source + Source}


KYC	know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.^{Source + Source}
MEDIUM OF EXCHANGE	fiat currencies are the generally accepted mediums of exchange. their most important and essential function is to provide a measure of value. is an intermediary used in trade to avoid the inconveniences of a pure barter system. ^{Source + Source}
MARKET ORDER	rather than holding them until a set market condition is triggered to try and make a profit; in a bitcoin exchange, you would place a market order if you simply wanted to buy or sell bitcoins immediately. an instruction given to an exchange, asking it to buy or sell an asset at the going market rate. ^{Source + Source}
RIPPLE	payments are made using a series of ious, and the network is based on trust relationships. the network consists of payment nodes and gateways operated by authorities. is a payment network built on distributed ledgers that can be used to transfer any currency. ^{Source + Source}

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7 years ago in #bitcoin by matthew.davis (49)

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KYC - MEDIUM OF EXCHANGE - MARKET ORDER - RIPPLE -

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