Post
Topic
Board Altcoin Discussion
Re: why don't ICOs accept fiat?
by
VenturaBro
on 26/02/2018, 11:20:33 UTC
I have seen ICOs to accept fiat. But this is probably for bigger investments.
Also, transfer in crypto is way too cheaper than transfer in fiat. Also, there is a loooot of paper work if the payments are in fiat. And there is a legal obligation between the two parties if the transfer is in fiat. Probably the last one is the main reason why most of the ICOs do not accept fiat.

Pretty much sums it up. It's just too inconvenient.

Also, doesn't it make more sense to invest in a crypto project with crypto? Grin