Fiat To Crypto Exchange
When you think about it there really are not many exchanges that offer a easy Fiat to Crypto transaition. You normally have to go though a number of channels before you can use that Fiat on crypto currency exchanges and it can be a real hassle.
In the USA we have Coinbase which makes it easy however exchanging into other cryptos outside of what Ccoinbase offers means more transactions to move those funds to where you want them.
This might be changing here soon in Argentina where the CEO of Binance has been hinting about opening up a Fiat to Crypto exchange.
I know it does not sound like much but it actually is. The easier fiat can be exchanged into cryptocurrency the more fiat which yes is what gives crypto a large portion of its value at the moment would do wonders for the market.
This is often why when a new coin gets listed on Coinbase which is a fiat to crypto exchange the price jumps often by 5% or more.
Overall the future looks bright for cryptocurrency and we have seen many advancements and improvements with crypto over the last year and in 2019 while the price came down I believe a bull run is well overdue for the advancements we have seen.
It's actually massive. One of the main barriers to entry is how complicated it is to buy crypto so straight fiat to steem would be huge.
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I think this is really the missing pieces for adoption but not for investors but for merchants who need to pay the bills in fiat and thus are limited given the options currently out there.
Posted using Partiko iOS
Xlm also went up when it was listed on blockchain.com .
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