What is Fiat Exchange?
Fiat money is currency that a national government has deemed to be legal tender. The value of fiat currencies is derived based on the level of supply and demand. Digital currencies such as Bitcoin (BTC) and Litecoin (LTC) aren’t controlled by a national government and, in turn, may not be deemed legal tender.
Although the latter point may soon become incorrect due to the growing acceptance of cryptocurrencies, the former will never change. Indeed, it’s the decentralized nature of cryptos that make them distinct from fiats. Instead of a central power making, distributing and having an influence on the price of a coin, cryptos are controlled by no-one.
Although the leading crypto exchanges are gradually introducing more fiat options, there are certain currencies that dominate. The reason for this is partly local regulations and the popularity of certain currencies. As a general rule, the US dollar is the main fiat used when you want to buy BTC. Beyond dollar exchanges, GBP/BTC exchanges are popular, as are those accepting EUR payment. In the future, the list of fiat crypto exchanges will expand. However, for now, the easiest way to buy digital tokens is via USD, GBP and EUR.
Why choose us?
Most popular methods: Visa, MasterCard, bank transfer (SWIFT, SEPA, ACH, Faster Payments), cryptocurrency
Protection against DDoS attacks, full data encryption, compliant with PCI DSS standards
Providing services in 99% countries around the globe, including 31 states of USA
Registration in UK, MSB status in FinCEN, essential licenses and strong relations with banks
Trade with up to 10x leverage, no need to create an extra account, negative balance protection.
Reasonable trading fees for takers and makers, special conditions for high volume traders, strong offers for market makers.