Post
Topic
Board Announcements (Altcoins)
Re: [ANN]🚀 OPTHERIUM🚀 Synergy of Blockchain solutions
by
CoffeOfficial
on 26/05/2019, 10:24:03 UTC

Crypto-currency markets are more accessible for traders, there are no such restrictions as in the stock market
Yes, in the cryptocurrency market, a trader has the opportunity not to provide personal data; the trader has the ability to trade around the clock, withdraw their assets at any time. But most assets do not have liquidity; from crypto to cash withdrawal is expensive, since the crypto-infrastructure is not yet developed.

See directly it is impossible for us to convert them into cash, for that, a cryptocurrency needs to get approvals from the government sectors. But we can easily convert them to other cryptocurrencies and we have to find the other sources in order to convert them to the fiat currency.

I don’t see anything difficult to exchange cryptocurrencies for fiat. There are many legal schemes for this.


It is not very difficult but it is rather expensive. If price for crypto rise you do not feel it. But when price for crypto falls you start to understand how big is commissions.
There are plenty of ways to exchange cryptocurrency for Fiat, even a beginner can figure it out, the commission can be different and depends on the withdrawal method.
The circumstances were such that the need for Fiat appears often, fortunately, you can easily convert cryptocurrency into fiat currency with the most profitable commission.

If it will be possible to buy different goods for crypto the need in fiat will not be so big. But now many shops do not accept crypto.